1 August 2023 v2025.57.1 micro_entity_frs_105_v1_1_2 filingSoftwarefalsetruetruetruefalseNo description of principal activitytruexbrli:purexbrli:sharesiso4217:GBP142115062023-08-012024-07-31142115062024-07-31142115062023-07-3114211506core:WithinOneYear2024-07-3114211506core:WithinOneYear2023-07-3114211506bus:RegisteredOffice2023-08-012024-07-31142115062022-07-042023-07-3114211506bus:Director12023-08-012024-07-311421150612023-08-012024-07-3114211506countries:EnglandWales2023-08-012024-07-3114211506bus:AuditExempt-NoAccountantsReport2023-08-012024-07-3114211506bus:PrivateLimitedCompanyLtd2023-08-012024-07-3114211506bus:Micro-entities2023-08-012024-07-3114211506bus:FullAccounts2023-08-012024-07-31
Company registration number:
14211506
Visual Bag Limited
Unaudited Filleted Financial Statements for the year ended
31 July 2024
Visual Bag Limited
Statement of Financial Position
31 July 2024
20242023
££
Fixed assets
316
 
475
 
   
Current assets
79,493
 
67,846
 
Prepayments and accrued income
4,750
  -  
Creditors: amounts falling due within one year
(26,825
)
(27,843
)
Net current assets
57,418
 
40,003
 
Total assets less current liabilities
57,734
 
40,478
 
Accruals and deferred income
(1,144
)
(943
)
Net assets
56,590
 
39,535
 
   
Capital and reserves
56,590
 
39,535
 

Notes to the Financial Statements

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
C/O Thandi Nicholls Ltd Creative Industries Centre
,
Glaisher Drive
,
Wolverhampton
,
WV10 9TG
, United Kingdom.
The principal activity of the company in the year under review was video editing.
These financial statements are presented in GBP, which is the Company’s functional currency. All amounts have been rounded to the nearest pound, unless otherwise indicated.

2 Average number of employees

The average number of persons employed by the company during the year was
1
(2023:
1.00
).

3 Director's advances, credit and guarantees

The company owed £13,273 (£18,717 - 2023) to its director as at 31st July 2024
For the year ending
31 July 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • 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;
  • The director acknowledges 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 in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
26 August 2025
, and are signed on behalf of the board by:
C Thomas-Mckay
Director
Company registration number:
14211506