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Company Registration No. 12183735 (England and Wales)
Visual Edge Solutions LTD Unaudited accounts for the year ended 31 August 2024
Visual Edge Solutions LTD Unaudited accounts Contents
Page
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Visual Edge Solutions LTD Company Information for the year ended 31 August 2024
Director
A. Shoesmith
Company Number
12183735 (England and Wales)
Registered Office
Field House Coal Pit Lane Brighouse West Yorkshire HD6 4HW
Accountants
Small Business Accountancy 18 Stoney Hill Rastrick Brighouse West Yorkshire HD6 3BP
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Visual Edge Solutions LTD Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
1,941 
Current assets
Debtors
151 
1,277 
Cash at bank and in hand
596 
943 
747 
2,220 
Creditors: amounts falling due within one year
(554)
(1,947)
Net current assets
193 
273 
Net assets
193 
2,214 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
93 
2,114 
Shareholders' funds
193 
2,214 
For the year ending 31 August 2024 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 her 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 13 March 2025 and were signed on its behalf by
A. Shoesmith Director Company Registration No. 12183735
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Visual Edge Solutions LTD Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Visual Edge Solutions LTD is a private company, limited by shares, registered in England and Wales, registration number 12183735. The registered office is Field House, Coal Pit Lane, Brighouse, West Yorkshire, HD6 4HW. The company is in the process of being wound up.
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
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.
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
None in year of cessation
Computer equipment
None in year of cessation
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Visual Edge Solutions LTD Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
3,245 
984 
4,229 
Disposals
(3,245)
(984)
(4,229)
At 31 August 2024
- 
- 
- 
Depreciation
At 1 September 2023
1,707 
581 
2,288 
On disposals
(1,707)
(581)
(2,288)
At 31 August 2024
- 
- 
- 
Net book value
At 31 August 2024
- 
- 
- 
At 31 August 2023
1,538 
403 
1,941 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
1,260 
Deferred tax asset
17 
Other debtors
151 
- 
151 
1,277 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
469 
Loans from directors
40 
770 
Accruals
514 
708 
554 
1,947 
7
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
- 
(17)
2024 
2023 
£ 
£ 
Provision at start of year
(17)
(113)
Charged to the profit and loss account
17 
96 
Provision at end of year
- 
(17)
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Visual Edge Solutions LTD Notes to the Accounts for the year ended 31 August 2024
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Transactions with related parties
The company is in receipt of a loan amounting to £40.00 from a member of key management personnel. The loan is payable on demand and the rate of interest charged is 0%. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year.
10
Post balance sheet events
The Company ceased to trade as at 31st August 2024. Provisions have been made to pay Creditors and recover amounts from Debtors. The remaining funds will be distributed to the Shareholder.
11
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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