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REGISTERED NUMBER: 07284006 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Vision Trade Frames Limited

Vision Trade Frames Limited (Registered number: 07284006)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Vision Trade Frames Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: A Ensor





REGISTERED OFFICE: Bamburgh House
Cuthbert Bank Road
Sheffield
South Yorkshire
S6 2HP





REGISTERED NUMBER: 07284006 (England and Wales)

Vision Trade Frames Limited (Registered number: 07284006)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 126,188 140,951

CURRENT ASSETS
Stocks 62,850 87,306
Debtors 5 183,694 125,380
Cash at bank 154,202 170,141
400,746 382,827
CREDITORS
Amounts falling due within one year 6 172,130 216,893
NET CURRENT ASSETS 228,616 165,934
TOTAL ASSETS LESS CURRENT
LIABILITIES

354,804

306,885

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 354,803 306,884
SHAREHOLDERS' FUNDS 354,804 306,885

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 27 August 2024 and were signed by:





A Ensor - Director


Vision Trade Frames Limited (Registered number: 07284006)

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

1. STATUTORY INFORMATION

Vision Trade Frames 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 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 - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 11 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 219,861
Additions 42,342
Disposals (33,533 )
At 31 December 2023 228,670
DEPRECIATION
At 1 January 2023 78,910
Charge for year 38,637
Eliminated on disposal (15,065 )
At 31 December 2023 102,482
NET BOOK VALUE
At 31 December 2023 126,188
At 31 December 2022 140,951

Vision Trade Frames Limited (Registered number: 07284006)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 86,783 66,290
Amounts owed by group undertakings 83,531 14,062
Other debtors 13,380 45,028
183,694 125,380

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 107,155 142,975
Taxation and social security 25,318 13,515
Other creditors 39,657 60,403
172,130 216,893