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REGISTERED NUMBER: 03368535 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

VISUAL CREATIONS LIMITED

VISUAL CREATIONS LIMITED (REGISTERED NUMBER: 03368535)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


VISUAL CREATIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







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 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 69 137

CURRENT ASSETS
Debtors 5 240 300
Cash at bank 2,666 10,117
2,906 10,417
CREDITORS
Amounts falling due within one year 6 2,989 5,238
NET CURRENT (LIABILITIES)/ASSETS (83 ) 5,179
TOTAL ASSETS LESS CURRENT
LIABILITIES

(14

)

5,316

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (114 ) 5,216
SHAREHOLDERS' FUNDS (14 ) 5,316

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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 4 February 2025 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 2024

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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The financial statements have been prepared on a going concern basis. This may not be appropriate because at 31st May 2024 the company's current liabilities exceeded its current assets by £83 and total liabilities of the company were £2,989. The company is reliant upon the continued support of its directors, bank and creditors, but there is no evidence to suggest that this will not continue and that further funds will not be provided, as necessary, to enable the company to continue as a going concern.

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 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Equipment
£   
COST
At 1 June 2023
and 31 May 2024 27,159
DEPRECIATION
At 1 June 2023 27,022
Charge for year 68
At 31 May 2024 27,090
NET BOOK VALUE
At 31 May 2024 69
At 31 May 2023 137

VISUAL CREATIONS LIMITED (REGISTERED NUMBER: 03368535)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 240 300

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 1,897 3,881
Directors' current accounts 53 55
Accruals and deferred income 1,039 1,302
2,989 5,238

7. RELATED PARTY DISCLOSURES

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