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REGISTERED NUMBER: 03242106 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Vision XS Limited

Vision XS Limited (Registered number: 03242106)

Contents of the Financial Statements

for the Year Ended 31 August 2025

Page |

Company Information | 1 |

Chartered Certified Accountants' Report | 2 |

Balance Sheet | 4 |

Notes to the Financial Statements | 6 |

Vision XS Limited

Company Information

for the Year Ended 31 August 2025

| DIRECTORS: | A Sefton

| D Margarido

| REGISTERED OFFICE: | 30 Bankside Court

| Stationfields

| Kidlington

| Oxford

| OX5 1JE

| REGISTERED NUMBER: | 03242106 (England and Wales)

| ACCOUNTANTS: | Chapman Robinson and Moore Limited

| 30 Bankside Court

| Stationfields

| Kidlington

| Oxford

| OX5 1JE

Chartered Certified Accountants' Report to the Board of Directors

on the Unaudited Financial Statements of

Vision XS Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Profit and Loss Account and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Vision XS Limited for the year ended 31 August 2025 which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Vision XS Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Vision XS Limited and state those matters that we have agreed to state to the Board of Directors of Vision XS Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Vision XS Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Vision XS Limited. You consider that Vision XS Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Vision XS Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Chapman Robinson and Moore Limited

30 Bankside Court

Stationfields

Kidlington

Oxford

OX5 1JE

Chartered Certified Accountants' Report to the Board of Directors

on the Unaudited Financial Statements of

Vision XS Limited

18 March 2026

Vision XS Limited (Registered number: 03242106)

Balance Sheet

31 August 2025

| 31/8/25 |  | 31/8/24

| Notes | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 5,526 |  | 10,281 |  |

Investments | 6 | 160,664 |  | 152,945 |  |

Investment property | 7 | 969,885 |  | 899,885 |  |

1,136,075 |  | 1,063,111 |  |

CURRENT ASSETS

Debtors | 8 | 380,044 |  | 414,224 |  |

Cash at bank | 108,830 |  | 64,697 |  |

488,874 |  | 478,921 |  |

CREDITORS

Amounts falling due within one year | 9 | (508,905 | ) | (650,913 | ) |

NET CURRENT LIABILITIES | (20,031 | ) | (171,992 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,116,044 |  | 891,119 |  |

CREDITORS

Amounts falling due after more than one year | 10 | (392,406 | ) | (171,823 | ) |

NET ASSETS | 723,638 |  | 719,296 |  |

Vision XS Limited (Registered number: 03242106)

Balance Sheet - continued

31 August 2025

| 31/8/25 |  | 31/8/24

| Notes | £ | £ |

CAPITAL AND RESERVES

Called up share capital | 174,012 |  | 174,012 |  |

Share premium | 375,468 |  | 375,468 |  |

Revaluation reserve | 12 | 129,954 |  | 83,650 |  |

Retained earnings | 44,204 |  | 86,166 |  |

723,638 |  | 719,296 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 March 2026 and were signed on its behalf by:

A Sefton - Director

Vision XS Limited (Registered number: 03242106)

Notes to the Financial Statements

for the Year Ended 31 August 2025

1. | STATUTORY INFORMATION

| Vision XS 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 as modified by the revaluation of certain assets.

| Turnover

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

| 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.

| Development costs are being amortised evenly over their estimated useful life of ten years.

| 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 etc | - | 25% on cost and 25% on reducing balance

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Vision XS Limited (Registered number: 03242106)

Notes to the Financial Statements - continued

for the Year Ended 31 August 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| 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 8 (2024 - 10 ) .

4. | INTANGIBLE FIXED ASSETS

| Other

| intangible

| assets

£ |

| COST

| At 1 September 2024

| and 31 August 2025 | 90,000 |  |

| AMORTISATION

| At 1 September 2024

| and 31 August 2025 | 90,000 |  |

| NET BOOK VALUE

| At 31 August 2025 | - |  |

| At 31 August 2024 | - |  |

Vision XS Limited (Registered number: 03242106)

Notes to the Financial Statements - continued

for the Year Ended 31 August 2025

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 September 2024 | 113,512 |  |

| Additions | 2,422 |  |

| Disposals | (40,121 | ) |

| At 31 August 2025 | 75,813 |  |

| DEPRECIATION

| At 1 September 2024 | 103,231 |  |

| Charge for year | 7,177 |  |

| Eliminated on disposal | (40,121 | ) |

| At 31 August 2025 | 70,287 |  |

| NET BOOK VALUE

| At 31 August 2025 | 5,526 |  |

| At 31 August 2024 | 10,281 |  |

6. | FIXED ASSET INVESTMENTS

| Other

| investments

£ |

| COST

| At 1 September 2024 | 152,945 |  |

| Additions | 7,719 |  |

| At 31 August 2025 | 160,664 |  |

| NET BOOK VALUE

| At 31 August 2025 | 160,664 |  |

| At 31 August 2024 | 152,945 |  |

Vision XS Limited (Registered number: 03242106)

Notes to the Financial Statements - continued

for the Year Ended 31 August 2025

7. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 September 2024 | 899,885 |  |

| Revaluations | 70,000 |  |

| At 31 August 2025 | 969,885 |  |

| NET BOOK VALUE

| At 31 August 2025 | 969,885 |  |

| At 31 August 2024 | 899,885 |  |

| Fair value at 31 August 2025 is represented by:

£ |

| Valuation in 2017 | 103,272 |  |

| Valuation in 2025 | 70,000 |  |

| Cost | 796,613 |  |

969,885 |  |

8. | DEBTORS

| 31/8/25 |  | 31/8/24

£ | £ |

| Amounts falling due within one year:

| Trade debtors | 64,087 |  | 119,675 |  |

| Other debtors | 315,957 |  | 276,216 |  |

380,044 |  | 395,891 |  |

| Amounts falling due after more than one year:

| Other debtors | - |  | 18,333 |  |

| Aggregate amounts | 380,044 |  | 414,224 |  |

Vision XS Limited (Registered number: 03242106)

Notes to the Financial Statements - continued

for the Year Ended 31 August 2025

9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31/8/25 |  | 31/8/24

£ | £ |

| Bank loans and overdrafts (see note 11) | 45,662 |  | 29,951 |  |

| Trade creditors | 80,321 |  | 139,874 |  |

| Taxation and social security | 40,207 |  | 87,624 |  |

| Other creditors | 342,715 |  | 393,464 |  |

508,905 |  | 650,913 |  |

10. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31/8/25 |  | 31/8/24

£ | £ |

| Bank loans (see note 11) | 392,406 |  | 171,823 |  |

11. | LOANS

| Loans of £438,068 (2024 £201,474) are secured against the investment property.

12. | RESERVES

| Revaluation

| reserve

£ |

| At 1 September 2024 | 83,650 |  |

| At 1 September 2019 | 46,304 |  |

| At 31 August 2025 | 129,954 |  |