REGISTERED NUMBER: 12110750 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

Vision Electrical Contracting Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D A Biggs

REGISTERED OFFICE:

The Old Stables

Sutton Manor Farm

Bishop's Sutton

Alresford

Hampshire

SO24 0AA

REGISTERED NUMBER:

12110750 (England and Wales)

ACCOUNTANTS:

Butler & Co Alresford Limited

Chartered Accountants

The Old Stables

Sutton Manor Farm

Bishops Sutton

Alresford

Hampshire

SO24 0AA

FIXED ASSETS

Tangible assets

4

6,710

9,458

CURRENT ASSETS

Stocks

7,597

6,973

Debtors

5

1,440

7,742

Cash at bank

2,020

7,041

11,057

21,756

CREDITORS

Amounts falling due within one year

6

15,490

17,660

NET CURRENT (LIABILITIES)/ASSETS

(4,433

)

4,096

TOTAL ASSETS LESS CURRENT LIABILITIES

2,277

13,554

CREDITORS

Amounts falling due after more than one year

7

(5,096

)

(9,560

)

PROVISIONS FOR LIABILITIES

8

(98

)

(1,375

)

NET (LIABILITIES)/ASSETS

(2,917

)

2,619

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

(3,017

)

2,519

SHAREHOLDERS' FUNDS

(2,917

)

2,619

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 28 April 2026 and were signed by:

D A Biggs - Director

1.	STATUTORY INFORMATION

Vision Electrical Contracting 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Going Concern

The financial statements for the period ended 31 July 2025 have been prepared on a going concern basis. The director has considered a period of twelve months from the date of approval of these financial statements. On this basis, the director believes that it is appropriate to prepare the accounts on a going concern basis.

If this assumption proves inappropriate, then adjustments may have to be made to adjust the assets to their recoverable amounts and to provide for any further liabilities which may arise.

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% reducing balance basis

Motor vehicles

-

25% reducing balance basis

Computer equipment

-

33% on cost

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 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

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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 August 2024

582

22,125

2,073

24,780

Additions

-

-

203

203

At 31 July 2025

582

22,125

2,276

24,983

DEPRECIATION

At 1 August 2024

398

13,542

1,382

15,322

Charge for year

46

2,146

759

2,951

At 31 July 2025

444

15,688

2,141

18,273

NET BOOK VALUE

At 31 July 2025

138

6,437

135

6,710

At 31 July 2024

184

8,583

691

9,458

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

980

219

Other debtors

460

6,280

Tax

-

466

Prepayments

-

777

1,440

7,742

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

8,179

7,989

Trade creditors

2,120

2,404

Tax

-

466

Social security and other taxes

-

384

VAT

843

1,928

Other creditors

2,897

2,158

Directors' current accounts

1

1,001

Accrued expenses

1,450

1,330

15,490

17,660

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

5,096

9,560

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

98

1,375

Deferred

tax

£

Balance at 1 August 2024

1,375

Accelerated capital allowances

(522

)

On unused tax losses

(755

)

Balance at 31 July 2025

98

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

1

100

100

10.	RELATED PARTY DISCLOSURES

During the year, £nil dividends were paid (2024: £4,000 of dividends were reversed due to there being a disclosure error in the financial statements the year before. This was amended to correct the profit and loss in the prior year)

At the balance sheet date the company owed its director Mr D A Biggs £1 (2024: £1,001). This balance is given interest free and is unsecured.

11.	ULTIMATE CONTROLLING PARTY

Mr D A Biggs, the director, is the ultimate controlling party by virtue of his controlling 100% shareholding