1 November 2022 false Taxfiler 2024.5 05979697business:PrivateLimitedCompanyLtd2022-11-012023-10-31 059796972022-10-31 059796972022-11-012023-10-31 05979697business:AuditExemptWithAccountantsReport2022-11-012023-10-31 05979697business:FilletedAccounts2022-11-012023-10-31 059796972023-10-31 05979697business:Director12022-11-012023-10-31 05979697business:Director22022-11-012023-10-31 05979697business:CompanySecretary12022-11-012023-10-31 05979697business:RegisteredOffice2022-11-012023-10-31 059796972022-10-31 05979697core:WithinOneYear2023-10-31 05979697core:WithinOneYear2022-10-31 05979697core:AfterOneYear2023-10-31 05979697core:AfterOneYear2022-10-31 05979697core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 05979697core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 05979697core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 05979697core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 05979697core:PreviouslyStatedAmount2023-10-31 05979697core:PreviouslyStatedAmount2022-10-31 05979697business:SmallEntities2022-11-012023-10-31 05979697countries:EnglandWales2022-11-012023-10-31 05979697core:PlantMachinery2022-11-012023-10-31 05979697core:MotorVehicles2022-11-012023-10-31 05979697core:FurnitureFittings2022-11-012023-10-31 05979697core:ComputerEquipment2022-11-012023-10-31 05979697core:PlantMachinery2022-10-31 05979697core:MotorVehicles2022-10-31 05979697core:FurnitureFittings2022-10-31 05979697core:ComputerEquipment2022-10-31 05979697core:PlantMachinery2023-10-31 05979697core:MotorVehicles2023-10-31 05979697core:FurnitureFittings2023-10-31 05979697core:ComputerEquipment2023-10-31 059796972021-11-012022-10-31 iso4217:GBP xbrli:pure
Company Registration No. 05979697 (England and Wales)
Something Visual Limited Unaudited accounts for the year ended 31 October 2023
Something Visual Limited Unaudited accounts Contents
Page
- 2 -
Something Visual Limited Company Information for the year ended 31 October 2023
Directors
Mrs Kerry Lorraine West Mr Nicholas Alan West
Secretary
Howell & Co (Leicester) Ltd
Company Number
05979697 (England and Wales)
Registered Office
UNIT 29 Loughborough Technology Centre EPINAL WAY LOUGHBOROUGH LEICESTERSHIRE LE11 3GE England
Accountants
Amsden Young Ltd Loughborough Technology Centre Unit 29, Epinal Way Loughborough Leicestershire LE11 3GE
- 3 -
Something Visual Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
25,071 
23,288 
Current assets
Debtors
15,042 
37,756 
Cash at bank and in hand
173,238 
117,068 
188,280 
154,824 
Creditors: amounts falling due within one year
(20,257)
(16,280)
Net current assets
168,023 
138,544 
Total assets less current liabilities
193,094 
161,832 
Creditors: amounts falling due after more than one year
(10,960)
(15,362)
Provisions for liabilities
Deferred tax
(4,763)
(5,115)
Net assets
177,371 
141,355 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
177,369 
141,353 
Shareholders' funds
177,371 
141,355 
For the year ending 31 October 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 directors acknowledge their 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 of Directors and authorised for issue on 29 July 2024 and were signed on its behalf by
Mr Nicholas Alan West Director Company Registration No. 05979697
- 4 -
Something Visual Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Something Visual Limited is a private company, limited by shares, registered in England and Wales, registration number 05979697. The registered office is UNIT 29, Loughborough Technology Centre, EPINAL WAY, LOUGHBOROUGH, LEICESTERSHIRE, LE11 3GE, England.
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.
3
Accounting policies
These financial statements for the year ended 31 October 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
- 5 -
Something Visual Limited Notes to the Accounts for the year ended 31 October 2023
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 November 2022
30,861 
34,912 
580 
17,333 
83,686 
Additions
- 
- 
- 
7,604 
7,604 
At 31 October 2023
30,861 
34,912 
580 
24,937 
91,290 
Depreciation
At 1 November 2022
23,699 
22,314 
361 
14,024 
60,398 
Charge for the year
1,790 
3,149 
55 
827 
5,821 
At 31 October 2023
25,489 
25,463 
416 
14,851 
66,219 
Net book value
At 31 October 2023
5,372 
9,449 
164 
10,086 
25,071 
At 31 October 2022
7,162 
12,598 
219 
3,309 
23,288 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
15,042 
36,920 
Other debtors
- 
836 
15,042 
37,756 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,183 
5,963 
VAT
5,697 
6,554 
Taxes and social security
8,302 
3,763 
Other creditors
7,627 
- 
Loans from directors
(6,552)
- 
20,257 
16,280 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
10,960 
15,362 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
- 6 -