Registered No. OC374625 (England and Wales)
Visual Control Systems LLP
Unaudited accounts
for the year ended 30 April 2023
Visual Control Systems LLP
LLP Information
for the year ended 30 April 2023
Designated members
Mr D R Lewis
Registered Number
OC374625 (England and Wales)
Registered Office
Moreton House
31 High Street
Buckingham
Bucks
MK18 1NU
Accountants
Anthistle Craven
Moreton House
31 High Street
Buckingham
Bucks
MK18 1NU
Visual Control Systems LLP
Statement of financial position
as at 30 April 2023
Tangible assets
376,240
196,191
Cash at bank and in hand
112,726
196,833
Creditors: amounts falling due within one year
(847,618)
(601,170)
Net current liabilities
(484,499)
(303,902)
Total assets less current liabilities
(108,259)
(107,711)
Creditors: amounts falling due after more than one year
(44,640)
(60,383)
Net liabilities attributable to members
(152,899)
(168,094)
Members' capital classified as equity
(152,899)
(168,094)
Members' other interests
(152,899)
(168,094)
For the year ending 30 April 2023 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 15 January 2024.
Mr D R Lewis
Designated member
Limited Liability Partnership Registration No. OC374625
Visual Control Systems LLP
Notes to the Accounts
for the year ended 30 April 2023
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on Reducing Balance
Motor vehicles
20% on Reducing Balance
Fixtures & fittings
33% on Reducing Balance
Computer equipment
33% on Reducing Balance
Visual Control Systems LLP is a limited liability partnership, incorporated in England and Wales, registration number OC374625. Its registered office is Moreton House, 31 High Street, Buckingham, Bucks, MK18 1NU.
3
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2022
2,477
309,316
10,391
8,184
330,368
Additions
-
717,763
-
8,876
726,639
Disposals
-
(548,258)
-
-
(548,258)
At 30 April 2023
2,477
478,821
10,391
17,060
508,749
At 1 May 2022
1,558
119,810
7,331
5,478
134,177
Charge for the year
184
49,173
1,010
2,863
53,230
On disposals
-
(54,898)
-
-
(54,898)
At 30 April 2023
1,742
114,085
8,341
8,341
132,509
At 30 April 2023
735
364,736
2,050
8,719
376,240
At 30 April 2022
919
189,506
3,060
2,706
196,191
Visual Control Systems LLP
Notes to the Accounts
for the year ended 30 April 2023
4
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
15,743
15,743
Trade creditors
50,813
73,002
Taxes and social security costs
4,653
9,440
Other creditors
768,594
495,170
5
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
44,640
60,383
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
7
Average number of employees
During the year the average number of employees was 5 (2022: 5).