VISION COMPOSITES LTD.

Company Registration Number:
05871242 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

VISION COMPOSITES LTD.

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

VISION COMPOSITES LTD.

Balance sheet

As at 31 December 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 84,288 23,439
Total fixed assets: 84,288 23,439
Current assets
Debtors:   1,934,134 915,165
Cash at bank and in hand: 1,008,090 731,723
Total current assets: 2,942,224 1,646,888
Creditors: amounts falling due within one year:   (1,256,489) (535,285)
Net current assets (liabilities): 1,685,735 1,111,603
Total assets less current liabilities: 1,770,023 1,135,042
Creditors: amounts falling due after more than one year:   (73,078) (10,182)
Provision for liabilities: (21,072) (5,860)
Total net assets (liabilities): 1,675,873 1,119,000
Capital and reserves
Called up share capital: 101 101
Profit and loss account: 1,675,772 1,118,899
Shareholders funds: 1,675,873 1,119,000

The notes form part of these financial statements

VISION COMPOSITES LTD.

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 13 February 2025
and signed on behalf of the board by:

Name: M Lee
Status: Director

The notes form part of these financial statements

VISION COMPOSITES LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

VISION COMPOSITES LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

VISION COMPOSITES LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 103,940
Additions 102,417
At 31 December 2024 206,357
Depreciation
At 01 January 2024 80,501
Charge for year 41,568
At 31 December 2024 122,069
Net book value
At 31 December 2024 84,288
At 31 December 2023 23,439