New Vision Property Ltd


Directors	Caen Mcallister James Bowditch
	Olivia-Clare Cornell
	Stanley Cornell


Registered Address	Company Registrations Online Limited Carpenter Court, 1 Maple Road
	Bramhall
	Stockport
	SK7 2DH


Registered Number	07861448 (England and Wales)

Balance Sheet as at
30 November 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investment property	3		651,834		490,447
			651,834		490,447
Current assets
Cash at bank and on hand		190		1,352
		190		1,352
Creditors amounts falling due within one year	4	(200,428)		(201,360)
Net current assets (liabilities)			(200,238)		(200,008)
Total assets less current liabilities			451,596		290,439
Provisions for liabilities	5		(113,095)		(72,748)
Net assets			338,501		217,691
Capital and reserves
Called up share capital			100		100
Revaluation reserve			339,285		218,245
Profit and loss account			(884)		(654)
Shareholders' funds			338,501		217,691

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 5 August 2026, and are signed on its behalf by:

Stanley Cornell
Director
Registered Company No. 07861448

New Vision Property Ltd

Notes to the Financial Statements
for the year ended 30 November 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	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).

	Revenue from rendering of services
	Revenue 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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	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
	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.

Deferred tax

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.

	Investment property
	Investment property is shown at the most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Profit and Loss Account.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Investment property


		£
	Fair value at 01 December 24	490,447
	Fair value adjustments	161,387
	At 30 November 25	651,834

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Other creditors	199,501	200,466
Accrued liabilities and deferred income	927	894
Total	200,428	201,360

5.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	113,095	72,748
Total	113,095	72,748

6.	Related party transactions
	At the balance sheet date, included within creditors due within one year, is an amount of £199,501, (2024 - £200,466) owed to the directors. This loan is interest free, of no fixed term and repayable on demand.