REGISTERED NUMBER: 03011382 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 DECEMBER 2025

FOR

VISIONBASE SOFTWARE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr P A Oxley

REGISTERED OFFICE:

61 Baslow Road

Totley

Sheffield

South Yorkshire

S17 4DL

REGISTERED NUMBER:

03011382 (England and Wales)

ACCOUNTANTS:

Sutton McGrath Hartley Limited

5 Westbrook Court

Sharrowvale Road

Sheffield

S11 8YZ

FIXED ASSETS

Tangible assets

4

50,979

66,156

CURRENT ASSETS

Debtors

5

70,000

201,620

Cash at bank

47,830

54,213

117,830

255,833

CREDITORS

Amounts falling due within one year

6

90,220

99,072

NET CURRENT ASSETS

27,610

156,761

TOTAL ASSETS LESS CURRENT LIABILITIES

78,589

222,917

CREDITORS

Amounts falling due after more than one year

7

(40,993

)

(47,864

)

PROVISIONS FOR LIABILITIES

(2,580

)

(3,590

)

NET ASSETS

35,016

171,463

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

34,916

171,363

SHAREHOLDERS' FUNDS

35,016

171,463

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 23 April 2026 and were signed by:

Mr P A Oxley - Director

1.	STATUTORY INFORMATION

Visionbase Software 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

15% on reducing balance

Office equipment

-

25% on reducing balance

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 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Office

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 31 December 2024

11,777

77,032

41,146

129,955

Disposals

(3,366

)

-

(833

)

(4,199

)

At 30 December 2025

8,411

77,032

40,313

125,756

DEPRECIATION

At 31 December 2024

7,745

21,586

34,468

63,799

Charge for year

605

11,089

1,670

13,364

Eliminated on disposal

(1,636

)

-

(750

)

(2,386

)

At 30 December 2025

6,714

32,675

35,388

74,777

NET BOOK VALUE

At 30 December 2025

1,697

44,357

4,925

50,979

At 30 December 2024

4,032

55,446

6,678

66,156

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 31 December 2024

and 30 December 2025

77,032

DEPRECIATION

At 31 December 2024

21,586

Charge for year

11,089

At 30 December 2025

32,675

NET BOOK VALUE

At 30 December 2025

44,357

At 30 December 2024

55,446

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

15,337

12,474

Other debtors

46,511

46,494

Directors' loan accounts

4,116

138,604

Prepayments

4,036

4,048

70,000

201,620

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 8)

6,871

6,871

Trade creditors

10,167

10,715

Tax

(8,974

)

19,564

Social security and other taxes

559

103

VAT

10,425

11,200

Other creditors

12,908

15,710

Accruals and deferred income

58,264

34,909

90,220

99,072

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 8)

40,993

47,864

8.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2025

2024

£

£

Net obligations repayable:

Within one year

6,871

6,871

Between one and five years

40,993

47,864

47,864

54,735

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 December 2025 and 30 December 2024:

2025

2024

£

£

Mr P A Oxley

Balance outstanding at start of year

138,604

134,811

Amounts advanced

55,648

64,829

Amounts repaid

(190,136

)

(61,036

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

4,116

138,604

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr P A Oxley.