Company registration number 06122685 (England and Wales)
NEW VISION WEALTH STRATEGIES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
PAGES FOR FILING WITH REGISTRAR
NEW VISION WEALTH STRATEGIES LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 7
NEW VISION WEALTH STRATEGIES LIMITED
BALANCE SHEET
AS AT 30 SEPTEMBER 2025
30 September 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
4
6,000
9,000
Tangible assets
5
55,411
68,108
61,411
77,108
Current assets
Debtors
6
12,811
13,668
Investments
7
75,373
67,020
Cash at bank and in hand
41,351
58,402
129,535
139,090
Creditors: amounts falling due within one year
8
(54,486)
(31,700)
Net current assets
75,049
107,390
Total assets less current liabilities
136,460
184,498
Creditors: amounts falling due after more than one year
9
(51,646)
(55,307)
Net assets
84,814
129,191
Capital and reserves
Called up share capital
10
1,000
1,000
Profit and loss reserves
83,814
128,191
Total equity
84,814
129,191
NEW VISION WEALTH STRATEGIES LIMITED
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2025
30 September 2025
- 2 -

For the financial year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 10 November 2025
Mrs C E Dickens
Director
Company registration number 06122685 (England and Wales)
NEW VISION WEALTH STRATEGIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 3 -
1
Accounting policies
Company information

New Vision Wealth Strategies Limited is a private company limited by shares incorporated in England and Wales. The registered office is Ravensmoor Farm, Broad Lane, Sproston, Crewe, Cheshire, CW4 7LT.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, with the exception of current asset investments which are included at fair value. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recover able.

1.3
Intangible fixed assets - goodwill

Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 20 years.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Office equipment
25% straight line
Motor vehicles
20% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

NEW VISION WEALTH STRATEGIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 4 -
1.6
Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.8
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.9
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

NEW VISION WEALTH STRATEGIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 5 -
1.10
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

1.11

Current asset investments

Current asset investments are included at fair value.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
4
Intangible fixed assets
Goodwill
£
Cost
At 1 October 2024 and 30 September 2025
60,000
Amortisation and impairment
At 1 October 2024
51,000
Amortisation charged for the year
3,000
At 30 September 2025
54,000
Carrying amount
At 30 September 2025
6,000
At 30 September 2024
9,000
NEW VISION WEALTH STRATEGIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 6 -
5
Tangible fixed assets
Office equipment
Motor vehicles
Total
£
£
£
Cost
At 1 October 2024
10,455
82,082
92,537
Additions
1,986
-
0
1,986
Disposals
(70)
-
0
(70)
At 30 September 2025
12,371
82,082
94,453
Depreciation and impairment
At 1 October 2024
8,013
16,416
24,429
Depreciation charged in the year
1,498
13,133
14,631
Eliminated in respect of disposals
(18)
-
0
(18)
At 30 September 2025
9,493
29,549
39,042
Carrying amount
At 30 September 2025
2,878
52,533
55,411
At 30 September 2024
2,442
65,666
68,108
6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
1,263
1,773
Other debtors
171
8,727
Prepayments and accrued income
11,377
3,168
12,811
13,668
7
Current asset investments
2025
2024
£
£
Other investments
75,373
67,020
NEW VISION WEALTH STRATEGIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 7 -
8
Creditors: amounts falling due within one year
2025
2024
£
£
Other taxation and social security
33,715
19,137
Other creditors
20,771
12,563
54,486
31,700

Within other creditors is a balance of £3,231 (2024: £3,231) due to obligations under finance leases that is secured on a company asset.

9
Creditors: amounts falling due after more than one year
2025
2024
£
£
Obligations under finance leases
51,646
55,307

The obligation under finance leases is secured on a company asset in the current and prior year.

10
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A shares of £1 each
600
600
600
600
Ordinary B shares of £1 each
300
300
300
300
Ordinary C shares of £1 each
50
50
50
50
Ordinary D shares of £1 each
50
50
50
50
1,000
1,000
1,000
1,000
11
Related party transactions

At 30 September 2025 £171 was due from New Vision Adviser Services Limited (2024 - £8,727), a company with directors and shareholders in common. No interest is charged on this balance.

2025-09-30 2024-10-01 false false false 10 November 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity Mrs C E Dickens Mr P A Dickens 06122685 2024-10-01 2025-09-30 06122685 2025-09-30 06122685 2024-09-30 06122685 core:NetGoodwill 2025-09-30 06122685 core:NetGoodwill 2024-09-30 06122685 core:ComputerEquipment 2025-09-30 06122685 core:MotorVehicles 2025-09-30 06122685 core:ComputerEquipment 2024-09-30 06122685 core:MotorVehicles 2024-09-30 06122685 core:ShareCapital 2025-09-30 06122685 core:ShareCapital 2024-09-30 06122685 core:RetainedEarningsAccumulatedLosses 2025-09-30 06122685 core:RetainedEarningsAccumulatedLosses 2024-09-30 06122685 core:ShareCapitalOrdinaryShareClass1 2025-09-30 06122685 core:ShareCapitalOrdinaryShareClass1 2024-09-30 06122685 core:ShareCapitalOrdinaryShareClass2 2025-09-30 06122685 core:ShareCapitalOrdinaryShareClass2 2024-09-30 06122685 core:ShareCapitalOrdinaryShareClass3 2025-09-30 06122685 core:ShareCapitalOrdinaryShareClass3 2024-09-30 06122685 core:ShareCapitalOrdinaryShareClass4 2025-09-30 06122685 core:ShareCapitalOrdinaryShareClass4 2024-09-30 06122685 core:ShareCapitalOrdinaryShares 2025-09-30 06122685 core:ShareCapitalOrdinaryShares 2024-09-30 06122685 bus:Director1 2024-10-01 2025-09-30 06122685 core:Goodwill 2024-10-01 2025-09-30 06122685 core:ComputerEquipment 2024-10-01 2025-09-30 06122685 core:MotorVehicles 2024-10-01 2025-09-30 06122685 2023-10-01 2024-09-30 06122685 core:NetGoodwill 2024-09-30 06122685 core:NetGoodwill 2024-10-01 2025-09-30 06122685 core:ComputerEquipment 2024-09-30 06122685 core:MotorVehicles 2024-09-30 06122685 2024-09-30 06122685 core:CurrentFinancialInstruments 2025-09-30 06122685 core:CurrentFinancialInstruments 2024-09-30 06122685 core:Non-currentFinancialInstruments 2025-09-30 06122685 core:Non-currentFinancialInstruments 2024-09-30 06122685 bus:OrdinaryShareClass1 2024-10-01 2025-09-30 06122685 bus:OrdinaryShareClass2 2024-10-01 2025-09-30 06122685 bus:OrdinaryShareClass3 2024-10-01 2025-09-30 06122685 bus:OrdinaryShareClass4 2024-10-01 2025-09-30 06122685 bus:OrdinaryShareClass1 2025-09-30 06122685 bus:OrdinaryShareClass1 2024-09-30 06122685 bus:OrdinaryShareClass2 2025-09-30 06122685 bus:OrdinaryShareClass2 2024-09-30 06122685 bus:OrdinaryShareClass3 2025-09-30 06122685 bus:OrdinaryShareClass3 2024-09-30 06122685 bus:OrdinaryShareClass4 2025-09-30 06122685 bus:OrdinaryShareClass4 2024-09-30 06122685 bus:AllOrdinaryShares 2025-09-30 06122685 bus:AllOrdinaryShares 2024-09-30 06122685 bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 06122685 bus:FRS102 2024-10-01 2025-09-30 06122685 bus:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 06122685 bus:CompanySecretary1 2024-10-01 2025-09-30 06122685 bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 06122685 bus:FullAccounts 2024-10-01 2025-09-30 xbrli:pure xbrli:shares iso4217:GBP