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Visent Limited

Unaudited Financial Statements for the Year Ended 30 November 2024






Visent Limited (Registered number: 06015323)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Visent Limited

Company Information
for the Year Ended 30 November 2024







DIRECTORS: S Bansal
G Bhatkal





SECRETARY: Mrs C Bansal





REGISTERED OFFICE: 48 - 52 Penny Lane
Mossley Hill
Liverpool
Merseyside
L18 1DG





REGISTERED NUMBER: 06015323 (England and Wales)





ACCOUNTANTS: Matthews Sutton & Co Ltd
Chartered Certified Accountants
48 - 52 Penny Lane
Mossley Hill
Liverpool
Merseyside
L18 1DG

Visent Limited (Registered number: 06015323)

Balance Sheet
30 November 2024

2024 2023
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 222 444
Investments 5 13 13
Investment property 6 427,000 427,000
427,235 427,457

CURRENT ASSETS
Debtors 7 345,722 255,851
Cash at bank 6,097 8,424
351,819 264,275
CREDITORS
Amounts falling due within one year 8 382,153 324,570
NET CURRENT LIABILITIES (30,334 ) (60,295 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

396,901

367,162

PROVISIONS FOR LIABILITIES 22,695 20,808
NET ASSETS 374,206 346,354

CAPITAL AND RESERVES
Called up share capital 1,001 1,001
Fair value reserve 9 68,028 69,860
Retained earnings 305,177 275,493
SHAREHOLDERS' FUNDS 374,206 346,354

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Visent Limited (Registered number: 06015323)

Balance Sheet - continued
30 November 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2025 and were signed on its behalf by:




S Bansal - Director



G Bhatkal - Director


Visent Limited (Registered number: 06015323)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Visent Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax and rents received.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Visent Limited (Registered number: 06015323)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2023
and 30 November 2024 666
DEPRECIATION
At 1 December 2023 222
Charge for year 222
At 30 November 2024 444
NET BOOK VALUE
At 30 November 2024 222
At 30 November 2023 444

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 December 2023
and 30 November 2024 13
NET BOOK VALUE
At 30 November 2024 13
At 30 November 2023 13

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2023
and 30 November 2024 427,000
NET BOOK VALUE
At 30 November 2024 427,000
At 30 November 2023 427,000

The investment properties were valued by the directors on an open market basis.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Other debtors 345,722 255,851

Visent Limited (Registered number: 06015323)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Trade creditors 12,038 12,037
Amounts owed to group undertakings 339,000 273,000
Taxation and social security 20,379 17,978
Other creditors 10,736 21,555
382,153 324,570

9. RESERVES
Fair
value
reserve
£   
At 1 December 2023 69,860
Fair value reserve (1,832 )

At 30 November 2024 68,028

10. ULTIMATE CONTROLLING PARTY

The controlling party is Smyl Limited.