View Brand Vision Limited Small abridged accounts
View Brand Vision Limited Small abridged accounts
Statement of Consent to Prepare Financial Statements |
COMPANY REGISTRATION NUMBER:
04665469
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Financial Statements |
Year ended 31 January 2017
Contents |
Page |
Directors' report |
1 |
Abridged statement of financial position |
2 |
Notes to the financial statements |
4 |
The following pages do not form part of the financial statements
Chartered tax advisers report to the board of directors on the preparation of the unaudited statutory financial statements |
9 |
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Directors' Report |
Year ended 31 January 2017
The directors present their report and the unaudited financial statements of the company for the year ended
31 January 2017
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Principal activities
Directors
The directors who served the company during the year were as follows:
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Small company provisions
This report was approved by the board of directors on
16 October 2017
and signed on behalf of the board by:
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Director |
Registered office: |
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Abridged Statement of Financial Position |
2017 |
2016 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Debtors |
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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 |
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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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Provisions
Taxation including deferred tax |
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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 abridged statement of income and retained earnings has not been delivered.
Directors' responsibilities:
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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
;
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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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Abridged Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
16 October 2017
, and are signed on behalf of the board by:
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Director |
Company registration number:
04665469
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Notes to the Financial Statements |
Year ended 31 January 2017
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 7a Paper Mill Building, City Garden Row, London, N1 8DW.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Transition to FRS 102
The entity transitioned from previous UK GAAP to FRS 102 as at 1 February 2015. Details of how FRS 102 has affected the reported financial position and financial performance is given in note 7.
Revenue recognition
Income tax
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:
Plant and manchinery |
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Fixtures and fittings |
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Equipments |
- |
25% straight line |
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Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Provisions
Financial instruments
4.
Particulars of employees
The average number of persons employed by the company during the year amounted to
5
(2016:
5
).
5.
Tangible assets
£ |
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Cost |
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At 1 February 2016 |
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Additions |
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At 31 January 2017 |
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Depreciation |
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At 1 February 2016 |
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Charge for the year |
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At 31 January 2017 |
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Carrying amount |
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At 31 January 2017 |
11,229 |
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At 31 January 2016 |
14,091 |
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6.
Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2017 |
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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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---- |
-------- |
-------- |
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2016 |
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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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---- |
-------- |
-------- |
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7.
Transition to FRS 102
These are the first financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1 February 2015.
No transitional adjustments were required in equity or profit or loss for the year.
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Management Information |
Year ended 31 January 2017
The following pages do not form part of the financial statements.
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Chartered Tax Advisers Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of
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Year ended 31 January 2017
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Uxbridge Road
Hillingdon
Middlesex
UB10 0NX