Company Registration No. 12273699 (England and Wales)
VISION COMMERCIAL HOLDINGS LTD
Unaudited accounts
for the year ended 31 October 2022
VISION COMMERCIAL HOLDINGS LTD
Unaudited accounts
Contents
VISION COMMERCIAL HOLDINGS LTD
Company Information
for the year ended 31 October 2022
Director
Chandra Sekhar Alapati
Company Number
12273699 (England and Wales)
Registered Office
51 Cornwall Road
Cheam
Sutton
SM2 6DU
VISION COMMERCIAL HOLDINGS LTD
Statement of financial position
as at 31 October 2022
Investment property
603,254
603,254
Cash at bank and in hand
5,275
10,866
Creditors: amounts falling due within one year
(3,629)
(3,266)
Net current assets
1,646
7,600
Total assets less current liabilities
604,900
610,854
Creditors: amounts falling due after more than one year
(596,902)
(604,402)
Called up share capital
1
1
Profit and loss account
7,997
6,451
Shareholders' funds
7,998
6,452
For the year ending 31 October 2022 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 July 2023 and were signed on its behalf by
Chandra Sekhar Alapati
Director
Company Registration No. 12273699
VISION COMMERCIAL HOLDINGS LTD
Notes to the Accounts
for the year ended 31 October 2022
VISION COMMERCIAL HOLDINGS LTD is a private company, limited by shares, registered in England and Wales, registration number 12273699. The registered office is 51 Cornwall Road, Cheam, Sutton, SM2 6DU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 November 2021
603,254
At 31 October 2022
603,254
5
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
996
633
Other creditors
2,133
2,133
6
Creditors: amounts falling due after more than one year
2022
2021
Bank loans
340,667
368,666
Loans from directors
256,235
235,736
7
Average number of employees
During the year the average number of employees was 0 (2021: 0).
