1 1 Durable Vision Limited 02419280 false 2023-11-01 2024-10-31 2024-10-31 The principal activity of the company is the installation of a wide range of security, safety, solar control and privacy films for windows in commercial and residential buildings. Digita Accounts Production Advanced 6.30.9574.0 true false true 02419280 2023-11-01 2024-10-31 02419280 2024-10-31 02419280 bus:OrdinaryShareClass1 2024-10-31 02419280 core:CurrentFinancialInstruments 2024-10-31 02419280 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 02419280 bus:SmallEntities 2023-11-01 2024-10-31 02419280 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 02419280 bus:FilletedAccounts 2023-11-01 2024-10-31 02419280 bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 02419280 bus:RegisteredOffice 2023-11-01 2024-10-31 02419280 bus:CompanySecretaryDirector1 2023-11-01 2024-10-31 02419280 bus:OrdinaryShareClass1 2023-11-01 2024-10-31 02419280 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 02419280 bus:Agent1 2023-11-01 2024-10-31 02419280 core:AllSubsidiaries 2023-11-01 2024-10-31 02419280 1 2023-11-01 2024-10-31 02419280 countries:England 2023-11-01 2024-10-31 02419280 2022-11-01 2023-10-31 02419280 2023-10-31 02419280 bus:OrdinaryShareClass1 2023-10-31 02419280 core:CurrentFinancialInstruments 2023-10-31 02419280 core:CurrentFinancialInstruments core:WithinOneYear 2023-10-31 xbrli:pure iso4217:GBP xbrli:shares

Registration number: 02419280

Durable Vision Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 October 2024

 

Durable Vision Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Durable Vision Limited

Company Information

Director

Mr S Micuta

Company secretary

Mr S Micuta

Registered office

Unit 6
Newtown Road
Henley-On-Thames
RG9 1HG

Accountants

Carbon Accountancy Limited
Chartered Accountants80-83 Long Lane
London
EC1A 9ET

 

Durable Vision Limited

(Registration number: 02419280)
Balance Sheet as at 31 October 2024

Note

2024
£

(As restated)

2023
£

Current assets

 

Debtors

4

4,510

4,500

Cash at bank and in hand

 

1,637

219

 

6,147

4,719

Creditors: Amounts falling due within one year

5

(6,243)

(4,719)

Net liabilities

 

(96)

-

Capital and reserves

 

Called up share capital

6

10,000

10,000

Share premium reserve

18,000

18,000

Retained earnings

(28,096)

(28,000)

Shareholders' deficit

 

(96)

-

For the financial year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 25 July 2025
 

.........................................
Mr S Micuta
Company secretary and director

 

Durable Vision Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Unit 6
Newtown Road
Henley-On-Thames
RG9 1HG

These financial statements were authorised for issue by the director on 25 July 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis with the company receiving full financial assistance from it's parent comany to enable it to continue operations and meet it's liabilites as they fall due.

Prior period errors

The company's bank account balance and loans to and from group companies not previously reflected in the financial statements have resulted in the following amendments to comparatives:

2024
£

2023
£

2022
£

Loans to group companies

-

4,500

-

Cash at bank

-

219

-

Loans from group comapnies

-

(4,719)

-

   

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Durable Vision Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024 (continued)

2

Accounting policies (continued)

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Debtors

Current

Note

2024
£

(As restated)

2023
£

Amounts owed by related parties

7

4,510

4,500

   

4,510

4,500

 

Durable Vision Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024 (continued)

5

Creditors

Creditors: amounts falling due within one year

Note

2024
£

(As restated)

2023
£

Due within one year

 

Amounts owed to group undertakings

7

6,243

4,719

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary share capital of £1 each

10,000

10,000

10,000

10,000

       

7

Related party transactions

Under FRS 102, details are not given in respect of transactions between two or more members of the group to which the company belongs as all subsidiaries are wholly owned by the ultimate parent company SM Henley Holdings Limited.

8

Parent and ultimate parent undertaking

The company's immediate parent is Energy Control Products Limited, incorporated in England.

 The ultimate parent is SM Henley Holdings Limited, incorporated in England.