Hodl Vision Group Ltd. Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: NI628851

Hodl Vision Group Ltd.

Filleted Unaudited Financial Statements

31 March 2025

Hodl Vision Group Ltd.

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	2,563	3,203
Investments	6	96,406	94,589
		--------	--------
		98,969	97,792

Current assets

Stocks		6,911	8,162
Debtors	7	28,369	2,184
Cash at bank and in hand		220	220
		--------	--------
		35,500	10,566

Creditors: amounts falling due within one year	8	60,638	37,870
		--------	--------
Net current liabilities		25,138	27,304
		--------	--------
Total assets less current liabilities		73,831	70,488

Creditors: amounts falling due after more than one year	9	23,098	20,202

Provisions

Taxation including deferred tax	487	608
	--------	--------
Net assets	50,246	49,678
	--------	--------

Capital and reserves

Called up share capital	10	10
Revaluation reserve	48,532	48,532
Profit and loss account	1,704	1,136
	--------	--------
Shareholders funds	50,246	49,678
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 March 2025 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 financial statements for the year in question in accordance with section 476 ;

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

Hodl Vision Group Ltd.

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 17 November 2025 , and are signed on behalf of the board by:

Mr A Bryden
Director

Company registration number: NI628851

Hodl Vision Group Ltd.

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 3 Millbrook Lane, Newtownstewart, Co Tyrone, BT78 4BW.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	20% reducing balance
Fixtures and fittings	-	20% reducing balance

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	Plant and machinery	Fixtures and fittings	Total
	£	£	£
Cost
At 1 April 2024 and 31 March 2025	21,121	15,769	36,890
	--------	--------	--------
Depreciation
At 1 April 2024	20,610	13,077	33,687
Charge for the year	102	538	640
	--------	--------	--------
At 31 March 2025	20,712	13,615	34,327
	--------	--------	--------
Carrying amount
At 31 March 2025	409	2,154	2,563
	--------	--------	--------
At 31 March 2024	511	2,692	3,203
	--------	--------	--------

6. Investments

	Other investments other than loans
	£
Cost
At 1 April 2024	94,589
Additions	3,950
Disposals	( 2,133)
	--------
At 31 March 2025	96,406
	--------
Impairment
At 1 April 2024 and 31 March 2025	–
	--------

Carrying amount
At 31 March 2025	96,406
	--------
At 31 March 2024	94,589
	--------

7. Debtors

	2025	2024
	£	£
Trade debtors	3,990	2,184
Other debtors	24,379	–
	--------	-------
	28,369	2,184
	--------	-------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	22,336	12,217
Trade creditors	12,480	9,211
Social security and other taxes	20,251	13,853
Other creditors	5,571	2,589
	--------	--------
	60,638	37,870
	--------	--------

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	23,098	20,202
	--------	--------

10. Director's advances, credits and guarantees

During the year the directors withdrew from the company £25,532. Total balance owed to the company as at 31 March 2025 was £24,379.(2024: £(1,152)).