| Registered Number:03896361 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
SETVISION LIMITED
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
SETVISION LIMITED
Statement of Financial Position
2024
2025
| Property, plant and equipment |
912,830
912,980
2
-
100
3
912,930
912,980
| Trade and other receivables |
436,252
429,340
4
11,540
| Cash and cash equivalents |
9,316
438,656
447,792
| Trade and other payables: amounts falling due within one |
| year |
(74,412)
(78,015)
5
373,380
360,641
Net current assets
| Total assets less current liabilities |
1,273,571
1,286,360
| Trade and other payables: amounts falling due after more |
| than one year |
(839,741)
(822,220)
6
451,351
Net assets
446,619
100
100
451,251
446,519
451,351
446,619
Shareholders' funds
| For the year ended 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 18 December 2025 and were signed by: |
1 of 5
For the year ended 31 March 2025
SETVISION LIMITED
Statement of Financial Position Continued
| The notes form part of these financial statements |
2 of 5
For the year ended 31 March 2025
SETVISION LIMITED
Notes to the Financial Statements
Statutory Information
| SETVISION LIMITED is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 03896361. |
136 CAMBERWELL ROAD
LONDON
SE5 0EE
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
Turnover shown in profit & loss account comprises of rental income and is accounted for on a accrual basis.
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Fixtures and fittings
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax, with the following exceptions: Provision is made for tax on gains arising from the revaluation (and similar fair value adjustments) of fixed assets, and gains on disposal of fixed assets that have been rolled over into replacement assets, only to the extent that, at the balance sheet date, there is a binding agreement to dispose of the assets concerned. However, no provision is madewhere, on the basis of all available evidence at the balance sheet date, it is more likely than not that the taxable gain will be rolled over into replacement assets and charged to tax only where the replacement assets are sold. Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date. |
3 of 5
For the year ended 31 March 2025
SETVISION LIMITED
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
922,932
10,951
911,981
911,981
10,951
922,932
| Provision for depreciation and impairment |
9,952
9,952
-
Charge for year
150
150
-
10,102
10,102
-
911,981
849
912,830
911,981
999
912,980
| 3. Investments held as fixed assets |
100
100
100
100
100
100
| 4. Trade and other receivables |
2024
2025
22,909
29,238
406,431
407,014
436,252
429,340
4 of 5
For the year ended 31 March 2025
SETVISION LIMITED
Notes to the Financial Statements Continued
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
| Bank loans and overdraft (secured) |
49,581
47,758
3,200
839
| Taxation and social security |
8,658
14,014
16,576
11,801
78,015
74,412
| 6. Trade and other payables: amounts falling due after more than one year |
2024
2025
| Bank loans and overdraft (secured) |
822,220
839,741
| 7. Average number of persons employed |
During the year the average number of employees was 0
5 of 5