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Company Registration No. 10222923 (England and Wales)
Vision Fasteners Ltd Unaudited accounts for the year ended 30 June 2023
Vision Fasteners Ltd Unaudited accounts Contents
Page
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Vision Fasteners Ltd Company Information for the year ended 30 June 2023
Director
Mr Anthony Brayley
Company Number
10222923 (England and Wales)
Registered Office
IONA WOOTTON ROAD LYMINGTON SO41 6FU UNITED KINGDOM
Accountants
Easy Accountants New Forest Enterprise Centre Rushington Business Park Totton Hampshire SO40 9LA
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Vision Fasteners Ltd Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,332 
454 
Current assets
Inventories
32,417 
15,355 
Debtors
13,277 
9,368 
Cash at bank and in hand
17,218 
19,329 
62,912 
44,052 
Creditors: amounts falling due within one year
(14,787)
(11,989)
Net current assets
48,125 
32,063 
Net assets
49,457 
32,517 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
49,455 
32,515 
Shareholders' funds
49,457 
32,517 
For the year ending 30 June 2023 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 25 October 2023 and were signed on its behalf by
Mr Anthony Brayley Director Company Registration No. 10222923
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Vision Fasteners Ltd Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
Vision Fasteners Ltd is a private company, limited by shares, registered in England and Wales, registration number 10222923. The registered office is IONA, WOOTTON ROAD, LYMINGTON, SO41 6FU, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 July 2022
1,876 
Additions
1,322 
At 30 June 2023
3,198 
Depreciation
At 1 July 2022
1,422 
Charge for the year
444 
At 30 June 2023
1,866 
Net book value
At 30 June 2023
1,332 
At 30 June 2022
454 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
13,277 
9,368 
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Vision Fasteners Ltd Notes to the Accounts for the year ended 30 June 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
2,666 
- 
Trade creditors
3,007 
2,833 
Taxes and social security
6,998 
4,911 
Other creditors
- 
2,162 
Loans from directors
100 
67 
Accruals
2,016 
2,016 
14,787 
11,989 
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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