REGISTERED NUMBER: 13846008 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

VISIONMP LTD

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DIRECTORS:

R N Crothers

C Cadman

M St John

R Hayward

REGISTERED OFFICE:

The Stables

23b Lenten Street

Alton

Hampshire

GU34 1HG

REGISTERED NUMBER:

13846008 (England and Wales)

ACCOUNTANTS:

LFM

Chartered Certified Accountants

The Stables

23b Lenten Street

Alton

Hampshire

GU34 1HG

The directors present their report with the financial statements of the company for the year ended 31 March 2026.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of business and domestic software development.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2025 to the date of this report.

R N Crothers

C Cadman

M St John

R Hayward

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

R N Crothers - Director

2 June 2026

TURNOVER

347,780

196,326

Cost of sales

48,332

37,865

GROSS PROFIT

299,448

158,461

Administrative expenses

258,768

134,456

OPERATING PROFIT

4

40,680

24,005

Interest receivable and similar income

646

442

PROFIT BEFORE TAXATION

41,326

24,447

Tax on profit

9,291

2,286

PROFIT FOR THE FINANCIAL YEAR

32,035

22,161

FIXED ASSETS

Intangible assets

5

215,298

143,005

Tangible assets

6

4,110

2,561

219,408

145,566

CURRENT ASSETS

Debtors

7

113,722

63,022

Cash at bank

102,288

67,603

216,010

130,625

CREDITORS

Amounts falling due within one year

8

287,941

160,749

NET CURRENT LIABILITIES

(71,931

)

(30,124

)

TOTAL ASSETS LESS CURRENT LIABILITIES

147,477

115,442

CAPITAL AND RESERVES

Called up share capital

200

200

Share premium

86,562

86,562

Retained earnings

60,715

28,680

SHAREHOLDERS' FUNDS

147,477

115,442

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 2 June 2026 and were signed on its behalf by:

R N Crothers - Director

1.	STATUTORY INFORMATION

VISIONMP Ltd 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.

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

-

33% straight line

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.

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 (2025 - 4 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

2026

2025

£

£

Depreciation - owned assets

1,541

763

Development costs amortisation

20,108

16,020

5.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2025

177,627

Additions

92,401

At 31 March 2026

270,028

AMORTISATION

At 1 April 2025

34,622

Charge for year

20,108

At 31 March 2026

54,730

NET BOOK VALUE

At 31 March 2026

215,298

At 31 March 2025

143,005

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

3,509

Additions

3,090

At 31 March 2026

6,599

DEPRECIATION

At 1 April 2025

948

Charge for year

1,541

At 31 March 2026

2,489

NET BOOK VALUE

At 31 March 2026

4,110

At 31 March 2025

2,561

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

82,646

58,240

Other debtors

31,076

4,782

113,722

63,022

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

15,111

14,293

Taxation and social security

43,712

14,079

Other creditors

229,118

132,377

287,941

160,749

9.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.