Company Registration No. 09530617 (England and Wales)
Visual Meaning Limited
Unaudited accounts
for the year ended 30 June 2024
Visual Meaning Limited
Unaudited accounts
Contents
Visual Meaning Limited
Company Information
for the year ended 30 June 2024
Company Number
09530617 (England and Wales)
Registered Office
Oxford Centre For Innovation
9 Alfred Street
Oxford
England
OX1 4EH
United Kingdom
Accountants
Caprica Online Limited
C/O Power Accountax Limited,
Mailbox 3, Solent Business Centre,
343 Millbrook Road West,
Southampton
SO15 0HW
Visual Meaning Limited
Statement of financial position
as at 30 June 2024
Tangible assets
65,408
50,818
Cash at bank and in hand
650,258
572,451
Creditors: amounts falling due within one year
(214,088)
(197,516)
Net current assets
622,682
480,922
Net assets
688,090
531,740
Called up share capital
1,000
1,000
Share premium
179,420
179,420
Profit and loss account
507,670
351,320
Shareholders' funds
688,090
531,740
For the year ending 30 June 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 his 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 27 March 2025 and were signed on its behalf by
Stephen Whitla
Director
Company Registration No. 09530617
Visual Meaning Limited
Notes to the Accounts
for the year ended 30 June 2024
Visual Meaning Limited is a private company, limited by shares, registered in England and Wales, registration number 09530617. The registered office is Oxford Centre For Innovation, 9 Alfred Street, Oxford, England, OX1 4EH, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 Value Method
Fixtures & fittings
25% Reducing Value Method
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
67,226
263
14,319
81,808
Additions
27,134
2,629
4,958
34,721
Disposals
(5,817)
(263)
(204)
(6,284)
At 30 June 2024
88,543
2,629
19,073
110,245
At 1 July 2023
27,580
22
3,388
30,990
Charge for the year
13,512
319
3,841
17,672
On disposals
(3,598)
(67)
(160)
(3,825)
At 30 June 2024
37,494
274
7,069
44,837
At 30 June 2024
51,049
2,355
12,004
65,408
At 30 June 2023
39,646
241
10,931
50,818
Visual Meaning Limited
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Trade debtors
150,000
81,565
Other debtors
36,512
24,422
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
4,473
33,405
Taxes and social security
183,712
170,191
Deferred income
2,234
(8,080)
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Average number of employees
During the year the average number of employees was 20 (2023: 16).