1 January 2024 false No description of principal activity Taxfiler 2024.6 07343941business:PrivateLimitedCompanyLtd2024-01-012024-12-31 073439412023-12-31 073439412024-01-012024-12-31 07343941business:AuditExempt-NoAccountantsReport2024-01-012024-12-31 07343941business:FilletedAccounts2024-01-012024-12-31 073439412024-12-31 073439412023-12-31 07343941core:WithinOneYear2024-12-31 07343941core:WithinOneYear2023-12-31 07343941core:AfterOneYear2024-12-31 07343941core:AfterOneYear2023-12-31 07343941core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 07343941core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 07343941core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 07343941core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 07343941core:PreviouslyStatedAmount2024-12-31 07343941core:PreviouslyStatedAmount2023-12-31 07343941business:SmallEntities2024-01-012024-12-31 07343941business:Director12024-01-012024-12-31 07343941countries:EnglandWales2024-01-012024-12-31 07343941business:RegisteredOffice2024-01-012024-12-31 07343941core:PlantMachinery2024-01-012024-12-31 07343941core:ComputerEquipment2024-01-012024-12-31 07343941core:PlantMachinery2023-12-31 07343941core:ComputerEquipment2023-12-31 07343941core:PlantMachinery2024-12-31 07343941core:ComputerEquipment2024-12-31 073439412023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 07343941 (England and Wales)
New Vision Co., Ltd Unaudited accounts for the year ended 31 December 2024
New Vision Co., Ltd Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
- 2 -
New Vision Co., Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
7,286 
9,107 
Current assets
Debtors
5
444,407 
487,244 
Cash at bank and in hand
8,212 
14,632 
452,619 
501,876 
Creditors: amounts falling due within one year
6
(495,879)
(520,804)
Net current liabilities
(43,260)
(18,928)
Total assets less current liabilities
(35,974)
(9,821)
Creditors: amounts falling due after more than one year
7
(2,041)
(21,028)
Net liabilities
(38,015)
(30,849)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(38,115)
(30,949)
Shareholders' funds
(38,015)
(30,849)
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 September 2025 and were signed on its behalf by
Di Shi Director Company Registration No. 07343941
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New Vision Co., Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
New Vision Co., Ltd is a private company, limited by shares, registered in England and Wales, registration number 07343941. The registered office is Dawson House Second Floor, 131-135 High Street, New Malden, England, KT3 4BH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Balancing Charge
Computer equipment
20% Balancing Charge
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
15,365 
8,978 
24,343 
At 31 December 2024
15,365 
8,978 
24,343 
Depreciation
At 1 January 2024
9,852 
5,384 
15,236 
Charge for the year
1,102 
719 
1,821 
At 31 December 2024
10,954 
6,103 
17,057 
Net book value
At 31 December 2024
4,411 
2,875 
7,286 
At 31 December 2023
5,513 
3,594 
9,107 
- 4 -
New Vision Co., Ltd Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
21,504 
Amounts due from group undertakings etc.
312,586 
159,262 
Accrued income and prepayments
- 
174,333 
Other debtors
131,821 
132,145 
444,407 
487,244 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
19,207 
14,851 
VAT
(16,965)
10,985 
Trade creditors
1,526 
114,596 
Amounts owed to group undertakings and other participating interests
423,537 
320,018 
Other creditors
- 
3,083 
Loans from directors
67,174 
55,921 
Accruals
1,400 
1,350 
495,879 
520,804 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
2,041 
21,028 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 5 -