Company Registration No. 06771199 (England and Wales)
VISION DESIGN AND PRINT LTD
Unaudited accounts
for the year ended 31 December 2023
VISION DESIGN AND PRINT LTD
Unaudited accounts
Contents
VISION DESIGN AND PRINT LTD
Company Information
for the year ended 31 December 2023
Company Number
06771199 (England and Wales)
Registered Office
UNIT 2 CARLTON BUSINESS CENTRE
104 NECHELLS PLACE
BIRMINGHAM
B7 5AB
Accountants
Nextin Accountants
38P
Alum Rock Road
Birmingham
West Midlands
B8 1JA
VISION DESIGN AND PRINT LTD
Statement of financial position
as at 31 December 2023
Tangible assets
238,834
230,660
Cash at bank and in hand
32,798
72,823
Creditors: amounts falling due within one year
(570,026)
(653,600)
Net current assets
102,369
89,528
Total assets less current liabilities
341,203
320,188
Provisions for liabilities
Deferred tax
(148,956)
(159,864)
Net assets
192,247
160,324
Called up share capital
100
100
Profit and loss account
192,147
160,224
Shareholders' funds
192,247
160,324
For the year ending 31 December 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 11 March 2024 and were signed on its behalf by
Khuram Cheema
Director
Company Registration No. 06771199
VISION DESIGN AND PRINT LTD
Notes to the Accounts
for the year ended 31 December 2023
VISION DESIGN AND PRINT LTD is a private company, limited by shares, registered in England and Wales, registration number 06771199. The registered office is UNIT 2 CARLTON BUSINESS CENTRE, 104 NECHELLS PLACE, BIRMINGHAM, B7 5AB.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
15& on WDV
Fixtures & fittings
20% on WDV
Computer equipment
33% on WDV
4
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 January 2023
627,599
38,919
99,911
46,953
813,382
Additions
25,285
-
32,120
-
57,405
At 31 December 2023
652,884
38,919
132,031
46,953
870,787
At 1 January 2023
464,831
22,454
52,460
42,977
582,722
Charge for the year
28,207
4,116
15,914
994
49,231
At 31 December 2023
493,038
26,570
68,374
43,971
631,953
At 31 December 2023
159,846
12,349
63,657
2,982
238,834
At 31 December 2022
162,768
16,465
47,451
3,976
230,660
VISION DESIGN AND PRINT LTD
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Trade debtors
529,196
535,538
Other debtors
13,600
6,850
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
33,999
43,896
Trade creditors
430,017
477,186
Taxes and social security
1,804
37,224
Other creditors
40,363
31,521
Loans from directors
63,843
63,773
7
Average number of employees
During the year the average number of employees was 31 (2022: 32).