NEW VISION INTERNATIONAL LTD. - Filleted accounts

Registered number

10071274

NEW VISION INTERNATIONAL LTD.

Filleted Accounts

28 June 2025

NEW VISION INTERNATIONAL LTD.
Registered number:		10071274
Balance Sheet
as at 28 June 2025

Notes			2025			2024
£				£
Fixed assets
Investments	4		317,184			-

Current assets
Debtors	5	5,284			70,029
Cash at bank and in hand		33,490			19,936
		38,774			89,965

Creditors: amounts falling due within one year	6	(404,950)			(57,962)

Net current (liabilities)/assets			(366,176)			32,003

Total assets less current liabilities			(48,992)			32,003

Creditors: amounts falling due after more than one year	7		-			(2,100)



Net (liabilities)/assets			(48,992)			29,903

Capital and reserves
Called up share capital			500			500
Profit and loss account			(49,492)			29,403

Shareholders' funds			(48,992)			29,903

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mrs. Yiqun Xin
Director
Approved by the board on 26 June 2026

NEW VISION INTERNATIONAL LTD.
Notes to the Accounts
for the period from 30 June 2024 to 28 June 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery:
	Fixtures, fittings, tools and equipment

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	1		1


3	Tangible fixed assets
				Plant and machinery etc
£
	Cost
	At 30 June 2024			33,970
	At 28 June 2025			33,970

	Depreciation
	At 30 June 2024			33,970
	At 28 June 2025			33,970

	Net book value
	At 28 June 2025			-


4	Investments
Investments in
subsidiary
undertakings
£
	Cost
	Additions			317,184

	At 28 June 2025			317,184


5	Debtors	2025		2024
£			£

	Trade debtors	5,184		10,800
	Other debtors	100		59,229
		5,284		70,029


6	Creditors: amounts falling due within one year	2025		2024
£			£

	Taxation and social security costs	1,771		2,175
	Other creditors	403,179		55,787
		404,950		57,962


7	Creditors: amounts falling due after one year	2025		2024
£			£

	Other creditors	-		2,100


8	Directors loan

	The directors loan £402,102 (2024, £2,100) from Ms Yiqun Xin is unsecured and is subordinate to third party creditors. The company is dependent on the support of the director who has loans outstanding totalling £2,100. The director has no intention of withdrawing her loan accounts within the next twelve months. On the basis the director considers it appropriate to prepare the accounts on the going concern basis.