Company Registration No. 11275106 (England and Wales)
Vision Installations Ltd
Filleted accounts
for the year ended 31 March 2025
Vision Installations Ltd
Filleted accounts
Contents
Vision Installations Ltd
Company Information
for the year ended 31 March 2025
Director
Joseph John Kalsi
Company Number
11275106 (England and Wales)
Registered Office
Goods Inwards
Wymeswold Industrial Estate
Loughborough
LE12 5TY
Accountants
YP Finance
Hawthorne House
17A Hawthorne Drive
Leicester
Leicestershire
LE5 6DL
Vision Installations Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
155,961
193,919
Cash at bank and in hand
541,116
294,271
Creditors: amounts falling due within one year
(346,994)
(184,544)
Net current assets
354,269
259,300
Total assets less current liabilities
510,230
453,219
Creditors: amounts falling due after more than one year
(35,658)
(85,098)
Provisions for liabilities
Net assets
471,199
368,121
Called up share capital
1
1
Profit and loss account
471,198
368,120
Shareholders' funds
471,199
368,121
For the year ending 31 March 2025 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 30 December 2025 and were signed on its behalf by
Joseph John Kalsi
Director
Company Registration No. 11275106
Vision Installations Ltd
Notes to the Accounts
for the year ended 31 March 2025
Vision Installations Ltd is a private company, limited by shares, registered in England and Wales, registration number 11275106. The registered office is Goods Inwards, Wymeswold Industrial Estate, Loughborough, LE12 5TY.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
33% Reducing Balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Vision Installations Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 April 2024
795
16,666
245,024
11,449
2,550
276,484
Additions
-
-
-
-
1,164
1,164
At 31 March 2025
795
16,666
245,024
11,449
3,714
277,648
At 1 April 2024
72
4,323
74,122
2,138
1,910
82,565
Charge for the year
16
2,469
34,180
1,862
595
39,122
At 31 March 2025
88
6,792
108,302
4,000
2,505
121,687
At 31 March 2025
707
9,874
136,722
7,449
1,209
155,961
At 31 March 2024
723
12,343
170,902
9,311
640
193,919
Amounts falling due within one year
Trade debtors
156,974
146,400
Accrued income and prepayments
3,173
3,173
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,014
-
Trade creditors
121,152
71,790
Taxes and social security
72,959
32,910
Loans from directors
35,180
19,025
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
31,495
60,907
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Vision Installations Ltd
Notes to the Accounts
for the year ended 31 March 2025
9
Average number of employees
During the year the average number of employees was 3 (2024: 3).