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REGISTERED NUMBER: 10786613 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

Inclusive Vision Ltd

Inclusive Vision Ltd (Registered number: 10786613)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Inclusive Vision Ltd

Company Information
for the Year Ended 31 May 2023







DIRECTORS: K J Mackelworth
Mrs S E Mackelworth





REGISTERED OFFICE: Unit 10, Homelands Commercial Centre
Vale Road
Bishops Cleeve
Cheltenham
Gloucestershire
GL52 8PX





REGISTERED NUMBER: 10786613 (England and Wales)





ACCOUNTANTS: ADM Accountancy Services Ltd
Homelands Commercial Centre
Vale Road
Bishops Cleeve
Cheltenham
Gloucestershire
GL52 8PX

Inclusive Vision Ltd (Registered number: 10786613)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,956 6,391

CURRENT ASSETS
Debtors 5 15,307 8,190
Cash at bank 10,878 14,770
26,185 22,960
CREDITORS
Amounts falling due within one year 6 14,505 27,750
NET CURRENT ASSETS/(LIABILITIES) 11,680 (4,790 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,636

1,601

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 17,536 1,501
17,636 1,601

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Inclusive Vision Ltd (Registered number: 10786613)

Balance Sheet - continued
31 May 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 August 2023 and were signed on its behalf by:





Mrs S E Mackelworth - Director


Inclusive Vision Ltd (Registered number: 10786613)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

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

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Inclusive Vision Ltd (Registered number: 10786613)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2022 30,966
Additions 1,638
At 31 May 2023 32,604
DEPRECIATION
At 1 June 2022 24,575
Charge for year 2,073
At 31 May 2023 26,648
NET BOOK VALUE
At 31 May 2023 5,956
At 31 May 2022 6,391

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 600 7,746
Other debtors 14,707 444
15,307 8,190

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade creditors 455 (510 )
Taxation and social security 7,248 14,625
Other creditors 6,802 13,635
14,505 27,750

Inclusive Vision Ltd (Registered number: 10786613)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2023 and 31 May 2022:

31.5.23 31.5.22
£    £   
Mrs S E Mackelworth
Balance outstanding at start of year (13,635 ) 32,000
Amounts advanced 14,397 1,056
Amounts repaid (7,539 ) (46,691 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (6,777 ) (13,635 )