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REGISTERED NUMBER: 01495820 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

Visible Information Packaged Systems Ltd

Visible Information Packaged Systems Ltd (Registered number: 01495820)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Visible Information Packaged Systems Ltd

Company Information
for the Year Ended 31 May 2023







DIRECTORS: N P Shepherd
R M Thistlethwaite





SECRETARY: R M Thistlethwaite





REGISTERED OFFICE: 2 Clifton Moor Business Village
James Nicolson Link
York
North Yorkshire
YO30 4XG





REGISTERED NUMBER: 01495820 (England and Wales)





ACCOUNTANTS: Beckingtons
2 Clifton Moor Business
Village
James Nicolson Link
York
North Yorkshire
YO30 4XG

Visible Information Packaged Systems Ltd (Registered number: 01495820)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 129,000 129,000

CURRENT ASSETS
Debtors 5 85,578 73,021
Cash at bank 3,319 10,682
88,897 83,703
CREDITORS
Amounts falling due within one year 6 1,586 1,106
NET CURRENT ASSETS 87,311 82,597
TOTAL ASSETS LESS CURRENT
LIABILITIES

216,311

211,597

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 216,211 211,497
SHAREHOLDERS' FUNDS 216,311 211,597

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.

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 6 February 2024 and were signed on its behalf by:





N P Shepherd - Director


Visible Information Packaged Systems Ltd (Registered number: 01495820)

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

1. STATUTORY INFORMATION

Visible Information Packaged Systems 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.
Plant and machinery etc - 20% straight line

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST
At 1 June 2022
and 31 May 2023 129,000 4,830 133,830
DEPRECIATION
At 1 June 2022
and 31 May 2023 - 4,830 4,830
NET BOOK VALUE
At 31 May 2023 129,000 - 129,000
At 31 May 2022 129,000 - 129,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Other debtors 85,578 73,021

Visible Information Packaged Systems Ltd (Registered number: 01495820)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Taxation and social security 1,106 -
Other creditors 480 1,106
1,586 1,106

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.23 31.5.22
value: £    £   
100 Ordinary £1 100 100