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REGISTERED NUMBER: 03368535 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023

FOR

VISUAL CREATIONS LIMITED

VISUAL CREATIONS LIMITED (REGISTERED NUMBER: 03368535)






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


VISUAL CREATIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTORS: P D Warrington
P G Warrington





SECRETARY: P D Warrington





REGISTERED OFFICE: 115c Milton Road
Cambridge
Cambridgeshire
CB4 1XE





REGISTERED NUMBER: 03368535 (England and Wales)





ACCOUNTANTS: Prentis & Co LLP
Chartered Accountants
115c Milton Road
Cambridge
CB4 1XE

VISUAL CREATIONS LIMITED (REGISTERED NUMBER: 03368535)

BALANCE SHEET
31 MAY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 137 205

CURRENT ASSETS
Debtors 5 300 2,350
Cash at bank 10,117 25,506
10,417 27,856
CREDITORS
Amounts falling due within one year 6 5,238 8,724
NET CURRENT ASSETS 5,179 19,132
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,316

19,337

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 5,216 19,237
SHAREHOLDERS' FUNDS 5,316 19,337

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 January 2024 and were signed on its behalf by:





P D Warrington - Director


VISUAL CREATIONS LIMITED (REGISTERED NUMBER: 03368535)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1. STATUTORY INFORMATION

Visual Creations Limited 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 preparation of 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.
Equipment - 25% on cost

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Equipment
£   
COST
At 1 June 2022
and 31 May 2023 27,159
DEPRECIATION
At 1 June 2022 26,954
Charge for year 68
At 31 May 2023 27,022
NET BOOK VALUE
At 31 May 2023 137
At 31 May 2022 205

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 300 2,350

VISUAL CREATIONS LIMITED (REGISTERED NUMBER: 03368535)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax 3,881 7,408
Social security and other taxes - 22
Directors' current accounts 55 110
Accruals and deferred income 1,302 1,184
5,238 8,724

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £25,925 (2022 - £25,075) were paid to the directors .

The controlling party is P D Warrington by virtue of his 85% ownership of the issued ordinary share capital.