Vision Property Rentals NI Ltd Filleted accounts for Companies House (small and micro)
Vision Property Rentals NI Ltd Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
NI656416
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Statement of Financial Position |
31 Oct 19 |
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Note |
£ |
Fixed assets
Intangible assets |
5 |
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Tangible assets |
6 |
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------- |
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Current assets
Debtors |
7 |
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Cash at bank and in hand |
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-------- |
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Creditors: amounts falling due within one year |
8 |
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-------- |
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Net current assets |
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-------- |
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Total assets less current liabilities |
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-------- |
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Net assets |
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-------- |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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-------- |
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Shareholders funds |
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-------- |
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In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
17 July 2020
, and are signed on behalf of the board by:
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Director |
Company registration number:
NI656416
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Notes to the Financial Statements |
Period from 17 October 2018 to 31 October 2019
1.
General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 285 Castlereagh Road, Belfast, BT5 5FL, Northern Ireland.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Judgements and key sources of estimation uncertainty
Revenue recognition
Income tax
Goodwill
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:
Goodwill |
- |
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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
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:
Fixtures and fittings |
- |
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Impairment of fixed assets
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the period amounted to
4
.
5.
Intangible assets
Goodwill |
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£ |
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Cost |
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Additions |
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------- |
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At 31 October 2019 |
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------- |
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Amortisation |
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Charge for the period |
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------- |
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At 31 October 2019 |
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------- |
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Carrying amount |
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At 31 October 2019 |
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------- |
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6.
Tangible assets
Fixtures and fittings |
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£ |
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Cost |
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At 17 October 2018 |
– |
Additions |
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------- |
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At 31 October 2019 |
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------- |
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Depreciation |
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At 17 October 2018 |
– |
Charge for the period |
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------- |
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At 31 October 2019 |
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------- |
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Carrying amount |
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At 31 October 2019 |
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------- |
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7.
Debtors
31 Oct 19 |
|
£ |
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Trade debtors |
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Other debtors |
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-------- |
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-------- |
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8.
Creditors:
amounts falling due within one year
31 Oct 19 |
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£ |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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-------- |
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-------- |
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9.
Financial instruments at fair value
31 Oct 19 |
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£ |
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Financial assets measured at fair value through profit or loss
Financial assets measured at fair value through profit or loss |
13,882 |
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10.
Directors' advances, credits and guarantees
During the period the directors entered into the following advances and credits with the company:
31 Oct 19 |
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Balance brought forward |
Advances/ (credits) to the directors |
Balance outstanding |
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£ |
£ |
£ |
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– |
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---- |
------- |
------- |
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Ths loan was on an
interest free basis
.