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REGISTERED NUMBER: 04084335 (England and Wales)















VISIONARY VEHICLE COMPANY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025






VISIONARY VEHICLE COMPANY LIMITED (REGISTERED NUMBER: 04084335)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 JANUARY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


VISIONARY VEHICLE COMPANY LIMITED

COMPANY INFORMATION
for the Year Ended 31 JANUARY 2025







DIRECTOR: M P Welland





SECRETARY: Mrs K L Hawthorne-Welland





REGISTERED OFFICE: Visionary House
Unit 11. Sweetlake Business Village
Mercian Close
Shrewsbury
Shropshire
SY3 9EW





REGISTERED NUMBER: 04084335 (England and Wales)





ACCOUNTANTS: Wallace Crooke
Chartered Accountants
College House
St. Leonards Close
Bridgnorth
Shropshire
WV16 4EJ

VISIONARY VEHICLE COMPANY LIMITED (REGISTERED NUMBER: 04084335)

BALANCE SHEET
31 JANUARY 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 27,043 32,249

CURRENT ASSETS
Stocks 104,432 110,457
Debtors 5 118,947 112,863
Cash at bank 7,007 39,888
230,386 263,208
CREDITORS
Amounts falling due within one year 6 115,729 72,248
NET CURRENT ASSETS 114,657 190,960
TOTAL ASSETS LESS CURRENT
LIABILITIES

141,700

223,209

CREDITORS
Amounts falling due after more than one
year

7

71,203

133,674
NET ASSETS 70,497 89,535

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 70,397 89,435
SHAREHOLDERS' FUNDS 70,497 89,535

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

VISIONARY VEHICLE COMPANY LIMITED (REGISTERED NUMBER: 04084335)

BALANCE SHEET - continued
31 JANUARY 2025


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 April 2025 and were signed by:





M P Welland - Director


VISIONARY VEHICLE COMPANY LIMITED (REGISTERED NUMBER: 04084335)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 JANUARY 2025

1. STATUTORY INFORMATION

Visionary Vehicle Company 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.

2. ACCOUNTING POLICIES

Basis of preparing the 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.

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.
Office equipment - 25% reducing balance
Site office - 10% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

VISIONARY VEHICLE COMPANY LIMITED (REGISTERED NUMBER: 04084335)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 JANUARY 2025

4. TANGIBLE FIXED ASSETS
Office Site
equipment office Totals
£    £    £   
COST
At 1 February 2024
and 31 January 2025 30,498 38,096 68,594
DEPRECIATION
At 1 February 2024 24,915 11,430 36,345
Charge for year 1,396 3,810 5,206
At 31 January 2025 26,311 15,240 41,551
NET BOOK VALUE
At 31 January 2025 4,187 22,856 27,043
At 31 January 2024 5,583 26,666 32,249

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 30,972 24,176
Other debtors 87,975 88,687
118,947 112,863

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts 50,019 17,170
Trade creditors 23,433 1,656
Taxation and social security 29,627 40,303
Other creditors 12,650 13,119
115,729 72,248

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Hire purchase contracts 65,347 116,685
Other creditors 5,856 16,989
71,203 133,674

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary shares £1 100 100