New Vista Ventures Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07999272

NEW VISTA VENTURES LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 March 2026

NEW VISTA VENTURES LIMITED

STATEMENT OF FINANCIAL POSITION

31 March 2026

	2026		2025
Note	£	£	£	£

FIXED ASSETS

Tangible assets	6		389		2,001

CURRENT ASSETS

Debtors	7	25,920	36,537
Cash at bank and in hand		21,187	21,209
		--------	--------
		47,107	57,746

CREDITORS: amounts falling due within one year	8	17,044		24,436
		--------		--------
NET CURRENT ASSETS			30,063		33,310
			--------		--------
TOTAL ASSETS LESS CURRENT LIABILITIES			30,452		35,311

CREDITORS: amounts falling due after more than one year	9		–		1,363

PROVISIONS	97	500
	--------	--------
NET ASSETS	30,355	33,448
	--------	--------

CAPITAL AND RESERVES

Called up share capital	10	10
Profit and loss account	30,345	33,438
	--------	--------
SHAREHOLDERS FUNDS	30,355	33,448
	--------	--------

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 31 March 2026 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 .

NEW VISTA VENTURES LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 17 September 2026 , and are signed on behalf of the board by:

Mr C Bottle Director

Company registration number: 07999272

NEW VISTA VENTURES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2026

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 21 Upton Hall Lane, Upton, Northampton, NN5 4DG, United Kingdom.

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. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Revenue recognition Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and 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 stage of completion. Income tax The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. 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. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference. Intangible assets Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Franchise Fee	-	20% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

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
Computer Equipment	-	33% straight line

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

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 cost and thereafter at fair value with changes recognised in profit and loss.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 3 (2025: 3 ).

5. INTANGIBLE ASSETS

	Franchise Fee
	£
Cost
At 1 April 2025 and 31 March 2026	11,995
	--------
Amortisation
At 1 April 2025 and 31 March 2026	11,995
	--------
Carrying amount
At 31 March 2026	–
	--------
At 31 March 2025	–
	--------

6. TANGIBLE ASSETS

	Computer Equipment
	£
Cost
At 1 April 2025	5,666
Additions	416
	-------
At 31 March 2026	6,082
	-------
Depreciation
At 1 April 2025	3,665
Charge for the year	2,028
	-------
At 31 March 2026	5,693
	-------
Carrying amount
At 31 March 2026	389
	-------
At 31 March 2025	2,001
	-------

7. DEBTORS

	2026	2025
	£	£
Trade debtors	25,920	36,480
Other debtors	–	57
	--------	--------
	25,920	36,537
	--------	--------

8. CREDITORS: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	1,185	2,976
Corporation tax	10,710	13,505
Social security and other taxes	1,340	4,928
Other creditors	3,809	3,027
	--------	--------
	17,044	24,436
	--------	--------

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

	2026	2025
	£	£
Bank loans and overdrafts	–	1,363
	----	-------

10. RELATED PARTY TRANSACTIONS

The directors have advanced monies to the company. At 31 March 2026 the amount due from the company was £1,664 (2025 - £1,070).