VISION HOMES LIMITED

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 03878100

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	3		1,857		2,476
Investments	4		3,013,650		3,013,650

			3,015,507		3,016,126
CURRENT ASSETS
Debtors		1,893,623		1,902,981
Cash at bank and in hand		12,143		35,614

		1,905,766		1,938,595
Creditors: Amounts Falling Due Within One Year		(2,749,571 )		(2,691,176 )

NET CURRENT ASSETS (LIABILITIES)			(843,805 )		(752,581 )

TOTAL ASSETS LESS CURRENT LIABILITIES			2,171,702		2,263,545

Creditors: Amounts Falling Due After More Than One Year			(178,872 )		(178,897 )

NET ASSETS			1,992,830		2,084,648

CAPITAL AND RESERVES
Called up share capital	5		200		200
Revaluation reserve	7		187,092		187,092
Profit and Loss Account			1,805,538		1,897,356

SHAREHOLDERS' FUNDS			1,992,830		2,084,648

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VISION HOMES LIMITED

Abridged Balance Sheet (continued)

As At 31 March 2025

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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr P Sulh Director	Mr G Seaman Director
22 December 2025

The notes on pages 3 to 4 form part of these financial statements.

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

1.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

1.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	Lease period
Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance
Fixtures & Fittings	25% reducing balance
Computer Equipment	25% reducing balance

2. Average Number of Employees

0Average number of employees, including directors, during the year was: NIL (2024: NIL)

3. Tangible Assets

	Total
	£
Cost
As at 1 April 2024	150,272

As at 31 March 2025	150,272

Depreciation
As at 1 April 2024	147,796
Provided during the period	619

As at 31 March 2025	148,415

Net Book Value
As at 31 March 2025	1,857

As at 1 April 2024	2,476

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VISION HOMES LIMITED

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

4. Investments

	Total
	£
Cost or Valuation
As at 1 April 2024	3,013,650

As at 31 March 2025	3,013,650

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	3,013,650

As at 1 April 2024	3,013,650

5. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	200	200

6. Dividends

	2025	2024
	£	£
On equity shares:
Final dividend paid	60,000	60,000

7. Reserves

	Revaluation Reserve
	£
As at 1 April 2024	187,092

As at 31 March 2025	187,092

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