Vision Housing Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06676850

VISION HOUSING LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 August 2025

VISION HOUSING LIMITED

STATEMENT OF FINANCIAL POSITION

30 August 2025

	2025		2024
Note	£	£	£

FIXED ASSETS

Tangible assets	5		19,951	27,362

CURRENT ASSETS

Debtors	6	497,849	513,259
Cash at bank and in hand		112,419	147,688
		---------	---------
		610,268	660,947

CREDITORS: amounts falling due within one year	7	( 420,854)		( 420,987)
		---------		---------
NET CURRENT ASSETS			189,414	239,960
			---------	---------
TOTAL ASSETS LESS CURRENT LIABILITIES			209,365	267,322

CREDITORS: amounts falling due after more than one year	8		( 4,478)	( 31,555)

PROVISIONS

Taxation including deferred tax	( 4,988)	( 190)
	---------	---------
NET ASSETS	199,899	235,577
	---------	---------

CAPITAL AND RESERVES

Called up share capital	3,000	3,000
Profit and loss account	196,899	232,577
	---------	---------
SHAREHOLDERS FUNDS	199,899	235,577
	---------	---------

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 income and retained earnings has not been delivered.

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

Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

VISION HOUSING LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

30 August 2025

These financial statements were approved by the board of directors and authorised for issue on 29 May 2026 , and are signed on behalf of the board by:

C Lincoln

Director

Company registration number: 06676850

VISION HOUSING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 AUGUST 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 6 Sugar Mill Business Park, 432 Dewsbury Road, Leeds, West Yorkshire, LS11 7DF, England.

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

Revenue recognition

Turnover comprises revenue recognised by the company in respect of services supplied, exclusive of Value Added Tax. In respect of long term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long term contracts and contracts for on-going services is recognised by reference to the state of completion.

Income tax

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.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

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:

	Motor Vehicles	-	25% reducing balance

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 30 (2024: 26 ).

5. TANGIBLE ASSETS

	Motor vehicles	Total
	£	£
Cost
At 31 August 2024	47,020	47,020
Disposals	( 18,000)	( 18,000)
	--------	--------
At 30 August 2025	29,020	29,020
	--------	--------
Depreciation
At 31 August 2024	19,658	19,658
Charge for the year	6,651	6,651
Disposals	( 17,240)	( 17,240)
	--------	--------
At 30 August 2025	9,069	9,069
	--------	--------
Carrying amount
At 30 August 2025	19,951	19,951
	--------	--------
At 30 August 2024	27,362	27,362
	--------	--------

6. DEBTORS

	2025	2024
	£	£
Trade debtors	175,265	162,321
Amounts owed by group undertakings and undertakings in which the company has a participating interest	342,288	336,831
Other debtors	( 19,704)	14,107
	---------	---------
	497,849	513,259
	---------	---------

7. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	8,113	–
Trade creditors	53,886	51,463
Corporation tax	54,986	70,244
Social security and other taxes	185,087	181,503
Other creditors	118,782	117,777
	---------	---------
	420,854	420,987
	---------	---------

8. CREDITORS: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	–	18,169
Other creditors	4,478	13,386
	-------	--------
	4,478	31,555
	-------	--------