REGISTERED NUMBER: 04814173 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

GRAPHIC VISION APPLICATION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

5

DIRECTORS:

Mr S Butler

Mrs D Butler

SECRETARY:

Mrs D Butler

REGISTERED OFFICE:

21 Queen Elizabeth Close

Shefford

Bedfordshire

SG17 5LE

REGISTERED NUMBER:

04814173 (England and Wales)

ACCOUNTANTS:

TC Group

Baird House

Seebeck Place

Knowlhill

Milton Keynes

Buckinghamshire

MK5 8FR

FIXED ASSETS

Tangible assets

4

1,609

13,220

CURRENT ASSETS

Stocks

400

550

Debtors

5

29,358

30,976

Cash at bank

7,546

15,062

37,304

46,588

CREDITORS

Amounts falling due within one year

6

12,024

20,963

NET CURRENT ASSETS

25,280

25,625

TOTAL ASSETS LESS CURRENT LIABILITIES

26,889

38,845

PROVISIONS FOR LIABILITIES

7

306

2,512

NET ASSETS

26,583

36,333

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

26,581

36,331

SHAREHOLDERS' FUNDS

26,583

36,333

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 October 2025 and were signed on its behalf by:

Mr S Butler - Director

1.	STATUTORY INFORMATION

Graphic Vision Application 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.

There were no material departures from that standard.

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.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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 Statement of Income and Retained Earnings, 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.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 July 2024

4,700

6,254

34,995

45,949

Disposals

-

-

(34,995

)

(34,995

)

At 30 June 2025

4,700

6,254

-

10,954

DEPRECIATION

At 1 July 2024

4,278

4,529

23,922

32,729

Charge for year

106

432

1,846

2,384

Eliminated on disposal

-

-

(25,768

)

(25,768

)

At 30 June 2025

4,384

4,961

-

9,345

NET BOOK VALUE

At 30 June 2025

316

1,293

-

1,609

At 30 June 2024

422

1,725

11,073

13,220

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

25,325

27,515

Other debtors

2,100

2,100

Prepayments

1,933

1,361

29,358

30,976

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,075

4,992

Taxation and social security

9,234

14,493

Other creditors

1,715

1,478

12,024

20,963

7.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

306

2,512

Deferred

tax

£

Balance at 1 July 2024

2,512

Provided during year

(2,206

)

Balance at 30 June 2025

306

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The directors of the company operated loan accounts during the year which had a year end credit balance owed to them of £265 (2024: £28). The directors' loan accounts are interest free, unsecured and repayable on demand.

10.	ULTIMATE CONTROLLING PARTY

The directors hold the controlling interest.