Company registration number:
10440003
Visocon Limited
Unaudited filleted financial statements
31 October 2024
Visocon Limited
Contents
Directors and other information
Accountants report
Statement of financial position
Notes to the financial statements
Visocon Limited
Directors and other information
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Directors |
M Rowe |
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D P Waide |
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A P Nickson |
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Company number |
10440003 |
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Registered office |
Sunrae, Quantry Lane |
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Belbroughton |
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Stourbridge |
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West Midlands |
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DY9 9UY |
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Accountants |
Hailwood & Co |
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392-394 Hoylake Road |
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Moreton |
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Wirral |
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Merseyside |
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CH46 6DF |
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Visocon Limited
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of Visocon Limited
Year ended 31 October 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Visocon Limited for the year ended 31 October 2024 as set out on pages 3 to 5 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
Our work has been undertaken in accordance with ICAEW Technical Release 07/16 AAF.
Hailwood & Co
Chartered Accountants
392-394 Hoylake Road
Moreton
Wirral
Merseyside
CH46 6DF
27 March 2025
Visocon Limited
Statement of financial position
31 October 2024
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2024 |
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2023 |
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Note |
£ |
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£ |
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£ |
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£ |
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Current assets |
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Cash at bank and in hand |
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2,088 |
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3,864 |
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_______ |
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_______ |
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2,088 |
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3,864 |
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Creditors: amounts falling due |
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within one year |
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5 |
(
1,827) |
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(
2,190) |
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_______ |
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_______ |
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Net current assets |
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261 |
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1,674 |
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_______ |
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_______ |
Total assets less current liabilities |
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261 |
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1,674 |
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_______ |
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Net assets |
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261 |
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1,674 |
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_______ |
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_______ |
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Capital and reserves |
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Called up share capital |
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100 |
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100 |
Profit and loss account |
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161 |
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1,574 |
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_______ |
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Shareholders funds |
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261 |
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1,674 |
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_______ |
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_______ |
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For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
27 March 2025
, and are signed on behalf of the board by:
M Rowe
Director
Company registration number:
10440003
Visocon Limited
Notes to the financial statements
Year ended 31 October 2024
1.
General information
The company is a private company limited by shares, registered in England. The address of the registered office is Sunrae, Quantry Lane, Belbroughton, Stourbridge, West Midlands, DY9 9UY.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period. Tax is recognised in the relevent Income Statement.Deferred tax is recognised should material timing differences exist at the reporting date.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2023: Nil).
5.
Creditors: amounts falling due within one year
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2024 |
2023 |
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£ |
£ |
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Corporation tax |
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907 |
1,195 |
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Social security and other taxes |
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225 |
325 |
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Other creditors |
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695 |
670 |
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_______ |
_______ |
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1,827 |
2,190 |
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_______ |
_______ |
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6.
Directors' advances, credits and guarantees
All movements on directors' advances, credits and guarantees, were as would be expected under normal market conditions, not material in terms of risk or benefits arising and would therefore not influence the users of these accounts when assessing the financial position of the company.