Company Registration No. 13697877 (England and Wales)
Visual Coatings Ltd
Unaudited accounts
for the year ended 31 October 2024
Visual Coatings Ltd
Unaudited accounts
Contents
Visual Coatings Ltd
Company Information
for the year ended 31 October 2024
Company Number
13697877 (England and Wales)
Registered Office
12 Hurland Road
Truro
Cornwall
TR1 2BU
England
Accountants
KMK Accounting Ltd
12 Hurland Road
Truro
TR1 2BU
Visual Coatings Ltd
Statement of financial position
as at 31 October 2024
Tangible assets
3,200
4,800
Cash at bank and in hand
5,986
9,493
Creditors: amounts falling due within one year
(2,471)
(21,214)
Net current assets/(liabilities)
3,515
(11,721)
Net assets/(liabilities)
6,715
(6,921)
Called up share capital
100
100
Profit and loss account
6,615
(7,021)
Shareholders' funds
6,715
(6,921)
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. 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 15 July 2025 and were signed on its behalf by
Ryan Samoluk
Director
Company Registration No. 13697877
Visual Coatings Ltd
Notes to the Accounts
for the year ended 31 October 2024
Visual Coatings Ltd is a private company, limited by shares, registered in England and Wales, registration number 13697877. The registered office is 12 Hurland Road, Truro, Cornwall, TR1 2BU, England.
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:
4
Tangible fixed assets
Plant & machinery
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
325
9,360
Loans from directors
1,646
11,854
Visual Coatings Ltd
Notes to the Accounts
for the year ended 31 October 2024
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).