REGISTERED NUMBER: 07848499 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st December 2024

for

VIZOR ESTATE AGENTS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr M Wainwright

Miss S A L Wakefield

REGISTERED OFFICE:

Hyde House

52 Bromsgrove Road

Redditch

Worcestershire

B97 4RJ

REGISTERED NUMBER:

07848499 (England and Wales)

ACCOUNTANTS:

Hayward Wright Ltd

4 Clews Road

Redditch

Worcestershire

B98 7ST

FIXED ASSETS

Tangible assets

4

20,901

25,532

CURRENT ASSETS

Debtors

5

104,498

98,509

Cash at bank and in hand

35,838

79,362

140,336

177,871

CREDITORS

Amounts falling due within one year

6

75,431

74,897

NET CURRENT ASSETS

64,905

102,974

TOTAL ASSETS LESS CURRENT LIABILITIES

85,806

128,506

CREDITORS

Amounts falling due after more than one year

7

(9,025

)

(17,960

)

PROVISIONS FOR LIABILITIES

9

(3,971

)

(4,872

)

NET ASSETS

72,810

105,674

CAPITAL AND RESERVES

Called up share capital

10

10,000

10,000

Retained earnings

62,810

95,674

SHAREHOLDERS' FUNDS

72,810

105,674

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30th May 2025 and were signed on its behalf by:

Mr M Wainwright - Director

1.	STATUTORY INFORMATION

Vizor Estate Agents Ltd 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Improvements to property

-

20% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1st January 2024

42,168

48,286

1,348

91,802

Additions

-

108

1,225

1,333

At 31st December 2024

42,168

48,394

2,573

93,135

DEPRECIATION

At 1st January 2024

20,578

45,243

449

66,270

Charge for year

4,318

788

858

5,964

At 31st December 2024

24,896

46,031

1,307

72,234

NET BOOK VALUE

At 31st December 2024

17,272

2,363

1,266

20,901

At 31st December 2023

21,590

3,043

899

25,532

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

1,733

3,312

Other debtors

53,143

55,144

Directors' loan accounts

29,032

23,350

Prepayments

20,590

16,703

104,498

98,509

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts (see note 8)

9,025

10,263

Trade creditors

12,600

11,759

Tax

22,125

22,172

Social security and other taxes

3,677

6,946

VAT

11,467

13,352

Other creditors

841

916

Net wages

(180

)

(180

)

Deferred income

13,184

7,166

Accrued expenses

2,692

2,503

75,431

74,897

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans (see note 8)

9,025

17,960

8.

LOANS

An analysis of the maturity of loans is given below:

2024

2023

£

£

Amounts falling due within one year or on demand:

Bank loans

9,025

10,263

Amounts falling due between one and two years:

Bank loans - 1-2 years

9,025

10,263

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

7,697

9.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

Accelerated capital allowances

3,971

4,872

Deferred

tax

£

Balance at 1st January 2024

4,872

Provided during year

(901

)

Balance at 31st December 2024

3,971

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

10,000

Ordinary A

£1

10,000

10,000

1

Ordinary IA

£0.01

-

-

10,000

10,000