REGISTERED NUMBER: NI605636 (Northern Ireland)

VISIONCALL IRELAND LIMITED

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Fergus Bain

Louis Murray

REGISTERED OFFICE:

28 Northland Row

Dungannon

Co. Tyrone

BT71 6AP

REGISTERED NUMBER:

NI605636 (Northern Ireland)

ACCOUNTANTS:

Cooper Parry Advisory Limited

36-38 Northland Row

Dungannon

Co. Tyrone

BT71 6AP

NON-CURRENT ASSETS

Intangible assets

5

-

-

Property, plant and equipment

6

69,874

62,365

69,874

62,365

CURRENT ASSETS

Inventories

2,275

2,511

Receivables

7

140,739

118,017

Cash at bank and in hand

65,381

84,988

208,395

205,516

PAYABLES

Amounts falling due within one year

8

(289,988

)

(315,470

)

NET CURRENT LIABILITIES

(81,593

)

(109,954

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(11,719

)

(47,589

)

PAYABLES

Amounts falling due after more than one year

9

(8,664

)

(19,586

)

NET LIABILITIES

(20,383

)

(67,175

)

CAPITAL AND RESERVES

Called up share capital

100

100

Income Statement

(20,483

)

(67,275

)

(20,383

)

(67,175

)

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.

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 26 September 2025 and were signed on its behalf by:

Fergus Bain - Director

1.	STATUTORY INFORMATION

Visioncall Ireland Limited is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The accounts are prepared under the historical cost convention modified when necessary to include the revaluation of certain fixed assets.

Revenue

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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.

Computer software is being amortised evenly over its estimated useful life of nil years.

Property, plant and equipment

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% reducing balance

Motor vehicles

-

25% reducing balance

Inventories

Stocks are valued at the lower of cost and net realisable value. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

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 tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Cash flow statement

The company has availed of the exemption in FRS 102 Section 1A from the requirement to prepare a Statement of Cash Flows because it is classified as a small company.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 23 ) .

5.	INTANGIBLE FIXED ASSETS

Computer

Goodwill

software

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

400,000

4,000

404,000

AMORTISATION

At 1 April 2024

and 31 March 2025

400,000

4,000

404,000

NET BOOK VALUE

At 31 March 2025

-

-

-

At 31 March 2024

-

-

-

6.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

4,867

24,013

92,675

11,957

133,512

Additions

2,750

574

27,995

-

31,319

At 31 March 2025

7,617

24,587

120,670

11,957

164,831

DEPRECIATION

At 1 April 2024

797

20,548

46,987

2,815

71,147

Charge for year

1,412

988

18,420

2,990

23,810

At 31 March 2025

2,209

21,536

65,407

5,805

94,957

NET BOOK VALUE

At 31 March 2025

5,408

3,051

55,263

6,152

69,874

At 31 March 2024

4,070

3,465

45,688

9,142

62,365

7.	RECEIVABLES

2025

2024

£

£

Trade receivables

117,603

68,474

Amounts owed by group undertakings

-

19,500

Other receivables

23,136

30,043

140,739

118,017

8.	PAYABLES DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,666

10,666

Hire purchase contracts

15,499

5,992

Trade payables

33,965

17,907

Amounts owed to group undertakings

219,157

230,772

Taxation and social security

5,597

46,255

Other payables

5,104

3,878

289,988

315,470

9.

PAYABLES: AMOUNTS FALLING DUE AFTER ONE YEAR

2025

2024

£

£

Bank loans

2,415

12,616

Hire purchase contracts

6,249

6,970

8,664

19,586