| INVISION DISPLAY SERVICES LTD |
| Registered number: |
04277871 |
| Balance Sheet |
| as at 31 July 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
|
|
|
|
£ |
|
|
£ |
| FIXED ASSETS |
| Tangible assets |
3 |
|
|
1,113 |
|
|
1,086 |
|
| CURRENT ASSETS |
| Debtors |
4 |
|
11,445 |
|
|
12,075 |
| Cash at bank and in hand |
|
|
40,928 |
|
|
36,449 |
|
|
|
52,373 |
|
|
48,524 |
| CREDITORS: amounts falling due within one year |
5 |
|
(6,098) |
|
|
(6,556) |
|
| NET CURRENT ASSETS |
|
|
|
46,275 |
|
|
41,968 |
|
| NET ASSETS |
|
|
|
£ 47,388 |
|
|
£ 43,054 |
|
|
|
|
|
|
|
|
| CAPITAL AND RESERVES |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
47,288 |
|
|
42,954 |
|
| SHAREHOLDER'S FUNDS |
|
|
|
£ 47,388 |
|
|
£ 43,054 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account is not delivered to Companies House. |
|
|
| Mr B Cramlington-Ranken |
| Director |
| Approved by the board on 29 April 2026 |
|
| INVISION DISPLAY SERVICES LTD |
| Notes to the Accounts |
| for the year ended 31 July 2025 |
|
| 1 |
ACCOUNTING POLICIES |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration receivable, net of discounts and value added taxes. Turnover from the sale of goods is recognised when goods are delivered and legal title has passed. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Office equipment - 20% p.a. on a reducing balance basis |
|
|
Stocks |
|
Stocks are measured at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
|
|
Deferred taxation |
|
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on a non-discounted basis at the tax rates which are expected to apply in the periods when the timing differences are expected to reverse. |
|
|
Foreign currency translation |
|
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit or loss. |
|
|
Leased assets |
|
Rentals applicable to operating leases where substantiallty all of the benefits and risks of ownership remain with the lessor are charged against profits as incurred. |
|
|
Pensions |
|
Contributions to defined contribution plans are charged to the profit and loss account in the period in which they are paid. |
|