IRIS Accounts Production v25.1.4.42 13846008 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh138460082024-03-31138460082025-03-31138460082024-04-012025-03-31138460082023-03-31138460082023-04-012024-03-31138460082024-03-3113846008ns15:EnglandWales2024-04-012025-03-3113846008ns14:PoundSterling2024-04-012025-03-3113846008ns10:Director12024-04-012025-03-3113846008ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3113846008ns10:SmallEntities2024-04-012025-03-3113846008ns10:AuditExemptWithAccountantsReport2024-04-012025-03-3113846008ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3113846008ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3113846008ns10:FullAccounts2024-04-012025-03-311384600812024-04-012025-03-3113846008ns10:Director22024-04-012025-03-3113846008ns10:Director32024-04-012025-03-3113846008ns10:Director42024-04-012025-03-3113846008ns10:RegisteredOffice2024-04-012025-03-3113846008ns5:CurrentFinancialInstruments2025-03-3113846008ns5:CurrentFinancialInstruments2024-03-3113846008ns5:ShareCapital2025-03-3113846008ns5:ShareCapital2024-03-3113846008ns5:SharePremium2025-03-3113846008ns5:SharePremium2024-03-3113846008ns5:RetainedEarningsAccumulatedLosses2025-03-3113846008ns5:RetainedEarningsAccumulatedLosses2024-03-3113846008ns5:IntangibleAssetsOtherThanGoodwill2024-04-012025-03-3113846008ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2024-04-012025-03-3113846008ns5:PlantMachinery2024-04-012025-03-3113846008ns5:IntangibleAssetsOtherThanGoodwill2024-03-3113846008ns5:IntangibleAssetsOtherThanGoodwill2025-03-3113846008ns5:IntangibleAssetsOtherThanGoodwill2024-03-3113846008ns5:PlantMachinery2024-03-3113846008ns5:PlantMachinery2025-03-3113846008ns5:PlantMachinery2024-03-3113846008ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3113846008ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-31
REGISTERED NUMBER: 13846008 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

VISIONMP LTD

VISIONMP LTD (REGISTERED NUMBER: 13846008)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

VISIONMP LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: R N Crothers
C Cadman
M St John
R Hayward





REGISTERED OFFICE: The Stables
23b Lenten Street
Alton
Hampshire
GU34 1HG





REGISTERED NUMBER: 13846008 (England and Wales)





ACCOUNTANTS: LFM
Chartered Certified Accountants
The Stables
23b Lenten Street
Alton
Hampshire
GU34 1HG

VISIONMP LTD (REGISTERED NUMBER: 13846008)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 143,005 110,568
Tangible assets 5 2,561 1,355
145,566 111,923

CURRENT ASSETS
Debtors 6 63,022 9,928
Cash at bank 67,603 59,769
130,625 69,697
CREDITORS
Amounts falling due within one year 7 160,749 88,339
NET CURRENT LIABILITIES (30,124 ) (18,642 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

115,442

93,281

CAPITAL AND RESERVES
Called up share capital 200 200
Share premium 86,562 86,562
Retained earnings 28,680 6,519
SHAREHOLDERS' FUNDS 115,442 93,281

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

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

The directors acknowledge their 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.

VISIONMP LTD (REGISTERED NUMBER: 13846008)

BALANCE SHEET - continued
31 MARCH 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 Board of Directors and authorised for issue on 12 June 2025 and were signed on its behalf by:





R N Crothers - Director


VISIONMP LTD (REGISTERED NUMBER: 13846008)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

VISIONMP Ltd 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% straight line

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.

VISIONMP LTD (REGISTERED NUMBER: 13846008)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2024 129,171
Additions 48,456
At 31 March 2025 177,627
AMORTISATION
At 1 April 2024 18,602
Charge for year 16,020
At 31 March 2025 34,622
NET BOOK VALUE
At 31 March 2025 143,005
At 31 March 2024 110,569

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 1,540
Additions 1,969
At 31 March 2025 3,509
DEPRECIATION
At 1 April 2024 185
Charge for year 763
At 31 March 2025 948
NET BOOK VALUE
At 31 March 2025 2,561
At 31 March 2024 1,355

VISIONMP LTD (REGISTERED NUMBER: 13846008)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 58,240 9,027
Other debtors 4,782 901
63,022 9,928

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 14,293 18,867
Taxation and social security 14,079 3,456
Other creditors 132,377 66,016
160,749 88,339

8. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
VISIONMP LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of VISIONMP Ltd for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of VISIONMP Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of VISIONMP Ltd and state those matters that we have agreed to state to the Board of Directors of VISIONMP Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that VISIONMP Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of VISIONMP Ltd. You consider that VISIONMP Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of VISIONMP Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






LFM
Chartered Certified Accountants
The Stables
23b Lenten Street
Alton
Hampshire
GU34 1HG


12 June 2025