Company Registration No. 14754772 (England and Wales)
VISION CREATIVE LABS LIMITED
Unaudited accounts
for the year ended 31 March 2026
VISION CREATIVE LABS LIMITED
Unaudited accounts
Contents
VISION CREATIVE LABS LIMITED
Company Information
for the year ended 31 March 2026
Directors
Roger John Hirst
Damian Ryan Horner
Company Number
14754772 (England and Wales)
Registered Office
31 Warren Hill Road
Woodbridge
Suffolk
IP12 4DY
England
Accountants
Tanners Tax Accountants
Steward House
14 Commercial Way
Woking
Surrey
GU21 6ET
VISION CREATIVE LABS LIMITED
Statement of financial position
as at 31 March 2026
Tangible assets
4,657
4,821
Cash at bank and in hand
242,446
75,710
Creditors: amounts falling due within one year
(29,446)
(99,441)
Net current assets
271,000
13,032
Called up share capital
200
2
Profit and loss account
16,430
17,851
Shareholders' funds
275,657
17,853
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 June 2026 and were signed on its behalf by
Roger John Hirst
Director
Company Registration No. 14754772
VISION CREATIVE LABS LIMITED
Notes to the Accounts
for the year ended 31 March 2026
VISION CREATIVE LABS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14754772. The registered office is 31 Warren Hill Road, Woodbridge, Suffolk, IP12 4DY, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on reducing balance
Computer equipment
33% on cost
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
VISION CREATIVE LABS LIMITED
Notes to the Accounts
for the year ended 31 March 2026
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2025
5,016
525
5,541
At 31 March 2026
5,016
1,843
6,859
At 1 April 2025
472
248
720
Charge for the year
1,136
346
1,482
At 31 March 2026
1,608
594
2,202
At 31 March 2026
3,408
1,249
4,657
At 31 March 2025
4,544
277
4,821
Amounts falling due within one year
Trade debtors
20,353
31,882
Accrued income and prepayments
16,903
-
Other debtors
19,148
4,881
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
19,000
11,747
Loans from directors
7,793
19,036
VISION CREATIVE LABS LIMITED
Notes to the Accounts
for the year ended 31 March 2026
Allotted, called up and fully paid:
- Ordinary shares of £1 each
-
2
170 Ordinary A shares of £1 each
170
-
20 Ordinary B shares of £1 each
20
-
10 Ordinary C shares of £1 each
10
-
Shares issued during the period:
170 Ordinary A shares of £1 each
170
20 Ordinary B shares of £1 each
20
10 Ordinary C shares of £1 each
10
8
Average number of employees
During the year the average number of employees was 5 (2025: 3).