Company registration number 05250758 (England and Wales)
Charity registration number 1107951 (England and Wales)
VISYON LIMITED
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
VISYON LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr A Brabban-Brown
Ms H Butters
Mr J G Clay
Mr A J Dean
Mr B K Brennan
Miss S A Conlon
Miss Lisa Cormack
Mrs C D Mckay
(Appointed 22 October 2025)
Mr N M Chrobok
(Appointed 22 October 2025)
Secretary
Miss T E Pass
Country of incorporation
United Kingdom
05250758
(England and Wales)
Charity registration
England and Wales
1107951
Registered office
Fellowship House
Park Road
Congleton
Cheshire
England
CW12 1DP
Auditor
Hammond McNulty LLP
Bank House
Market Square
Congleton
Cheshire
United Kingdom
CW12 1ET
VISYON LIMITED
CONTENTS
Page
Chairman's statement
1
Trustees report
2 - 9
Statement of Trustees responsibilities
10
Independent auditor's report
11 - 14
Statement of financial activities
15
Summary income and expenditure account
16
Balance sheet
17
Statement of cash flows
18
Notes to the financial statements
19 - 37
VISYON LIMITED
CHAIRMAN'S STATEMENT
FOR THE YEAR ENDED 31 MARCH 2026
- 1 -

Visyon continues with its energy and commitment to deliver services supporting the mental health of young people in our community: counselling, mentoring, working with schools and engaging with families. As ever I am immensely proud of the team that deliver these services and the regard with which Visyon is held. This is only possible because of the dedication of the staff and volunteers.

Behind the successful delivery there is a continuous effort to ensure Visyon is properly funded to deliver the services and their outcomes. As you can see from the detail of this annual report we are pleased to have broken even this year thanks to the relentless effort of our fund-raising team and the generous support of our benefactors. It is obvious to everyone in the charity sector that it gets harder and harder each year to secure funding as more and more charities look to benefit from the same constrained funding. To help our longer-term financial planning Visyon took the step this year to set out a budgetary framework for the next 5 years, whilst this does not magically give us funding for 5 years it sets out clearly for all of us what we need to achieve and is a step more funding plans that look beyond just the current financial year.

A particular challenge this year was re-securing our funding from the NHS Cheshire and Merseyside Integrated Care Board. We have had a rolling contract with the ICB for several years, however, this year due their re-organisation and streamlining, all their contracts were reviewed with termination for those not renewed. In response, Visyon prepared a detailed impact statement demonstrating our tangible impact on the community, we were pro-active engaging with ICB and I am glad to report we were successful in securing funding for the next year. However, the strain and workload this imposed on the team inevitably impacts our focus on service delivery; we continue to put the case to the ICB for multiple year contracts that reduce this burden.

We welcome the increased focus on the local community as part of the Government policy on Neighbourhood health where Visyon can play a strong role; but once again this will place demands on the senior leadership team as these plans develop.

I am proud to share that Visyon came through an audit by Cheshire East of our Healthy Young Minds service delivery with flying colours. The audit took significant effort but it was a good process to go through and gave us confidence in the consistency of our approach to service delivery.

As I reported last year, securing a better foundation for our lease on Fellowship House has been an issue for a long time; impacting our ability to secure grants to maintain the building. Although this remains an incredibly slow process, following an approach to Sarah Russell MP, we are at last engaged constructively on a possible way forward with Congleton Town Council supporting us. We anticipate it may take another year before we see a real solution in place.

We took several actions last year to test and continue to strengthen the governance of Visyon. At an operational level we revisited and revised our business continuity plan to ensure we have considered scenarios that could impact our ability to deliver services and we have plans ready. We also completed a Charity Governance Code Assessment, a self-assessment against the code which provides rigorous guidance on best practice for charities. The board was reassured by the assessment with some areas of improvement identified.

Can I express my personal thanks to the members of our Board of Trustees. They demonstrate their commitment to the responsible governance of Visyon on an on-going basis. During the last year Sidra Ali stepped down from the Board and I would like to thank her for her contribution. Since the last AGM Chris Trask has been co-opted onto the board bring his skills as a chartered accountant. I look forward to him being nominated and formally recognized as trustee at this year’s AGM.

Finally, thanks to those who contribute to Visyon: the volunteers, the fund raisers and our benefactors. Your generosity of time and money ensures Visyon can remain focused on the support we bring to the young people who need our services.

Mr A Brabban-Brown
Chairman
Date: 21 July 2026
VISYON LIMITED
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 MARCH 2026
- 2 -

The trustees present their annual report and financial statements for the year ended 31 March 2026.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)".

Objectives and activities

About Visyon

Visyon promotes and improves the emotional health and wellbeing of children and young people and their families through the provision of a range of services, including individual therapy, group work, mentoring, creative activities and support for parents and families. Visyon is based in Congleton, Cheshire and delivers services to children and young people in Cheshire. Visyon was established in 1994 by a group of volunteers whose experiences identified the need for a community based, flexible and easily accessible service for young people and families experiencing emotional distress and in need of support. In 2004 Visyon became a charitable company limited by guarantee.

The objects of the charity are:

The preservation and protection of good health and in particular good mental health of children, young people and adults.

The advancement of education of the public so as to increase their awareness of mental health and the associated issues and related problems.

To relieve the hardship, sickness and distress arising therefrom.

Visyon Descriptor

Visyon is a safe place you can come when you need help. We are really good at helping children and young people work out what is troubling them and what they can do about it. Whether you are confused, upset, worried, feeling hurt or angry about anything, there is somebody at Visyon who will listen and help you decide what you want to do next.

Social Impact

Visyon provides its services within the charitable objects for which it was established, these being the preservation and protection of good health and in particular good mental health of children, young people and adults, plus the advancement of education of the public in matters relating to mental health. These objects are addressed through the provision of a broad range of therapeutic activities to children, young people, their parents and families.

Visyon's activities are designed to achieve outcomes that are positive not only for the individual child or young person but also impact on families and the wider communities of Cheshire. The cost to society of supporting lifelong mental health challenges is significant and can be ameliorated by providing effective interventions for children and young people such as those offered by Visyon.

Visyon's services are free to the children, young people and families who access them. All services are paid for by grants, donations and fundraised income. The organisation accommodates the requirements of children and young people, by using community locations wherever there is a demand and where funding allows. Currently, the organisation is working in the geographic area of Cheshire East Council, with some services also available in areas of Cheshire West and Chester Council.

Public benefit

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

VISYON LIMITED
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 3 -
Achievements and performance
Significant activities and achievements against objectives

We continue to see an increase in demand for our services and a significant increase in the complexity of the challenges young people are presenting with, often at a younger age than we have previously witnessed.

In 202 4 Visyon launched a new five year strategy and achieved the following progress:

Theme 1 - Building Resilience

This year saw strides in strengthening early intervention and evidence-based support. We successfully launched our Resilience Programme in schools, and all school sessions are fully booked. Staff training was prioritised, with psychoeducation materials, workshops, and CPD courses rolled out. Continuous evaluation and improved safeguarding systems through our Customer database upgrades have ensured our services remain responsive and impactful. Positive feedback was received from Healthy Young Minds following an extensive audit.

Theme 2 - Leading the Way in Local Thinking Around Young People's Mental Health and Emotional Wellbeing

We continue to build on community partnerships through co-created initiatives with schools, families and local organisations, and attending community events. Our Visyon youth led-programme helped shape resources and workshops, while wider partnerships strengthened our reach into underrepresented communities. Digital innovation was embraced with updates to our website, online delivery of parent workshops and the development of a CYP course platform which is now up and running. Our training offer is expanding to include bespoke to include bespoke packages for professionals and our social media presence grew through targeted campaigns.

Theme 3 - Sustainability

Visyon continued to embed sustainability across operations. We secured multi-year funding aligned with our five-year strategy. Internal collaboration improved through cross-team working and skill-sharing while external partnerships enhanced external service delivery and enabled skill sharing across sectors. Our commercial offer progressed with the development of accredited training courses and volunteer recruitment was strengthened with improved induction and succession planning. Placement opportunities have been promoted at local colleges and Keele university with fantastic feedback. Environmentally, we promoted greener practices and explored infrastructure improvements to reduce our carbon footprint.

Significant factors

Visyon aims to use as much of its financial and other resources as possible for the purpose of meeting the charities objectives. All of the programmes and activities undertaken by the charity aim to support children and young people to improve and maintain their mental health. Our work with families and public awareness campaigns assist us to achieve greater awareness and understanding by the public of issues surrounding mental health and wellbeing and how these impact on children, young people and society.

All our services are provided free of charge to our beneficiaries, allowing for greater access to early assistance, advice and support. Across Cheshire East we aim to offer a range of interventions, choice of venue and opening hours that improves efficacy and accessibility irrespective of the individual circumstances of the beneficiary.

The voluntary sector experiences increasingly challenging times with more charities competing for less funding, reporting criteria becoming increasingly complex in some areas, and hard decisions to be made regarding which particular pot of money to vie for. Each financial year starts with an element of calculated uncertainty, and often focus has to be placed on bringing in funding for the current financial year, rather than looking forward to the next two - five years, focusing attention on longer term planning and sustainability. This is the situation that Visyon has been in for a number of years, but is something that the new strategy and leadership structure plan to address over the next two years.

VISYON LIMITED
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 4 -
Fundraising practices

Visyon is very grateful to the organisations and individuals who have supported the charity during the year through donations, fundraising activities, gifts-in-kind and volunteering.

2025/26 Gift In Kind donations equated to the value of £2,346.

2025/26 Events and Corporate volunteering equated to 149 hours.

We would like to thank the following for their support during 2025/26:

Grants

The National Lottery

Cheshire Community Fund

Forte Charitable Trust (Trusthouse Foundation)

Awards for All

Steve Morgan Foundation

Ann Rylands Small Donations Programme

D G Lowe Trust

Julia Rausing Trust

John Holford Charitable Trust

Big Give - Reed Foundation

The Clarke Charitable Settlement

Company support

Starbucks, Congleton & Crewe (Cafe Fortune)

Fujitsu

St James Place Foundation

Castle Green Homes

Bespak

BNI Saltline members

Kanga Health

Majestical

Waitrose, Sandbach

Chimp Management

High Peak Comps

Hornbeam Sports and Social

Carden Park Hotel & Spa

Tesco Stronger Starts

Reubens

Recognise Media

Orso Lounge

West End Agri

Jaguar Land Rover

Individual Support

Family and friends of the late Luke Maddocks

Family and friends of the late Dave Kenny

Family and friends of the late Owen Pointon, Gaza Szakal, Keith Simpson

Shaun Conway

Sean Nolan

Mayor Rob Brittain

April Wild

Claire Stalburg

Laetitia Bridge

Laurie Carter

Snowdon at Night Trekkers 2025

2025 skydive team

Our new and committed regular donors each making donations each month

VISYON LIMITED
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 5 -

Community Support

The Georgia Leigh Ogden Foundation

Be More Louis

Friendly Faces Nursery

Congleton Park Run

Mossley CE Primary School

Holmes Chapel Primary School

Underwood West Academy

Knutsford Lions Club

Trinity Methodist Church

Rood Lane Methodist Church

Adelaide School

Military Arms, Sandbach

Styal Running Club

Clonter Opera

George & Dragon, Holmes Chapel

Congleton Santa Collection

Chapel Centre, Mossley

Bins of Congleton

Wilmslow Running Festival and our 2026 running team

Siddington Syndicate

The Academy Restaurant & Gourment Dining Experience guests

Congleton Tangent

Kings School

St Lawrence Church, Biddulph

We had no 'on behalf of' activities carried out. Where 'in aid of' fundraisers registered their activities with the charity they were supported with advice to ensure their fundraising activities were safe and legal to comply with fundraising regulations. Where activities are carried out by 'third parties' and promoted to our supporters, the Fundraising Team carefully select suppliers and request documentation, such as PLI risk assessments and licenses required, as part of the process.

No complaints were made to Visyon following fundraising activities. We request feedback after our events and there is opportunity for the general public to report concerns on our website at any time.

Ensured all individuals carrying out the activities are aware of their obligations to all members of the public, and where the activity is organised by a third party, ensured the third party has a strong reputation at supporting both the participants and the wider public whilst these events are taking place.

Investment performance

Investment Powers

The Trust Deed authorises the Trustees to make and hold investments using the general funds of the charity but no such investments are currently held.

Financial review

Financial Review and Results for the Year

The total income for the year ending 31 March 202 6 was £780,906 (202 5 - £993,601), the total expenditure was £780,693 (202 5 - £761,567) and the net result for the year was £213 (202 5 - £232,034). The net asset position at the year end was £601,160 (202 5 - £600,947), of which £307,485 (202 5 - £268,344) is unrestricted and £63,675 (202 5 - £102,603) is restricted and £230,000 is an endowment fund.

The main income for the year came from donations, grants and charitable activities as per notes 3,4 and 5 of the accounts which enables the charity to achieve their main objectives as detailed in the Trustee Report.

VISYON LIMITED
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 6 -
Reserves policy

The reserves are held in a low-risk account, with immediate access, attracting the best rates from the "High Street Institutions". Reserves are built up from balances of funds (restricted and/or unrestricted). The level at which the reserve fund is to be maintained is agreed between Visyon management and Trustees during annual budgeting based on a number of defined factors including an assessment of known risks. It may also include items of known but currently unquantifiable risk. The level of reserve fund should not normally exceed that required for six months operating.

Investment policy

Investment Policy

All amounts in the current account over £500 are transferred daily to an interest-bearing savings account. All investments by the charity will be in ethically acceptable funds to be agreed by the Board.

Grant-making Policy

Under normal circumstances, the charity does not make grants. There may be small grants made from specific projects for supporting clients. The funding body concerned will specify the conditions of the grant.

Structure, governance and management

The charity is a company limited by guarantee. The charity is controlled by its governing document and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

It is governed by the Memorandum and Articles of Association dated 5 October 2004 and amended on 25 March 2010. Visyon is registered with the Charity Commission and Companies House. Anyone over the age of 18 years can become a member of the charity. At 31 March 202 6 there were 39 members.

The administration is carried out by the directors who together are known as the Board of Trustees. The Board of Trustees has delegated the day-to-day running of the organisation to the Chief Executive Office (Theresa Pass), who reports into the Board on a quarterly cycle.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mr A Brabban-Brown
Ms H Butters
Mr J G Clay
Mr A J Dean
Mr B K Brennan
Miss S A Conlon
Miss Lisa Cormack
Dr S Ali
(Resigned 30 April 2025)
Mrs C D Mckay
(Appointed 22 October 2025)
Mr N M Chrobok
(Appointed 22 October 2025)
Recruitment and appointment of trustees

None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £10 in the event of a winding up.

VISYON LIMITED
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 7 -
Organisational structure

Role of the Board of Trustees

The Board of Trustees is the governing body of the charity. The Board's duties are to:

- Take ultimate responsibility that the charity is run properly

- Ensure compliance - with the law & charitable objects

- Act with integrity

- Ensure that the charity is and stays solvent

- Use charity funds reasonably

- Avoid undue risk

- Ensure the charity is well run and efficient

- Consider getting external advice when needed, particularly if the Board/Trustees are in breach of duties

Sub-Group Structure

Three sub-groups have been appointed with delegated responsibility for scrutiny in three areas:

- Financial Sustainability

- Internal Governance

- Service Effectiveness

Each group is chaired by a Trustee and is attended by a further Trustee, the CEO and relevant members of the management team.

Structure of Board of Trustees

Board meetings are held quarterly.

Sub-groups meet on a monthly/bi-monthly basis and have delegated responsibilities as outlined in the sub-group Terms of Reference.

Attendance of trustees at meetings of the Board

Trustees are required to attend formal meetings regularly and not to miss more than three meetings in succession. During 202 5/2 6 the Trustees attendance was as follows:

Trustee | Date of Meetings
| 2 June 2025 | 1 September 2025 | 2 December 2025 | 23 February 2026
Andrew Brabban-Brown | Yes | Yes | Yes | Yes
Jonathan Clay | Yes | Yes | Yes | Yes
Barry Brennan | Yes | Yes | Yes | No
Helen Butters | Yes | Yes | No | Yes
Sharon Conlon | Yes | No | No | No
Lisa Cormack | Yes | No | Yes | Yes
Adrian Dean | Yes | Yes | Yes | No
Dr Sidra Ali | N/A | N/A | N/A | N/A
Nathan Chrobok | N/A | N/A | Yes | Yes
Cheryl Mackay | N/A | N/A | Yes | Yes

President

The Board appointed Brian Davey as the new president of Visyon Limited on 14th September 2020, following the untimely death of Visyon's President, our founder, Elizabeth Pugh. in January 2020. Brian has been involved with Visyon from the beginning and previously served as Chair of the Board.

VISYON LIMITED
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 8 -
Induction and training of trustees

Recruitment, selection and training of the Board of Trustees

The Trustees are elected by the members, the number being decided at the Annual General Meeting. The Trustees have the power to co-opt up to 7 further Trustees. When co-opting Trustees, the Board has regard to the requirement for any specialist skills. Trustee application and induction processes have been established, through which training requirements are identified and addressed. In addition, training opportunities are taken up when offered by third parties.

The balance of Trustees' skills and experience has been reviewed on an ongoing basis during 2025-2026 and the Board is satisfied that it has an optimum broad range of skills. Trustees have experience that covers the following areas:

- Clinical expertise

- Child & adolescent mental health

- Healthcare management

- Business management

- Voluntary sector fundraising

- Health & Safety consultancy

- Finance

- Law

- Education

- Risk management

- Safeguarding

Other matters

Risk Management

The organisation has Strategic and Operational Risk Registers, a Business Continuity Plan and a Risk Management Policy. This ensures the following:

- Constant monitoring of the financial position and cash flow to ensure that the charity remains solvent.

- Health and safety monitoring. This is carried out by the CEO and Health and Safety Officer, in conjunction with a nominated Trustee with health and safety expertise.

- Risk assessment of new and ongoing activities, including new locations for project activities, with a view to the safeguarding of staff, volunteers and clients.

- Management of the liabilities and reserves policies which are included in the charity's financial controls documentation.

- Other specific areas of risk as may be identified by the Board.

Risks that have been mitigated this year have included:

- Impact of inappropriate referrals

- Ensuring financial procedures remain relevant and robust

- Ensuring safe and appropriate premises in Crewe

- Continuity of contract with Cheshire East

Staffing & Volunteers

Visyon is able to offer the level of service that it does due to the dedication and professionalism of its staff and volunteer team. At the end of March 2026, Visyon had 24 members of staff, 3 of which were employed on a full-time basis, with the other 2 1 working in part-time roles. Visyon also had 5 self employed counsellors, 3 placement counsellors and one volunteer counsellor. Visyon has a team of volunteers who provide invaluable contributions to the work of the charity by carrying out a range of roles including trustees, therapists, administrators, fundraisers, and a handyman.

Declaration of interests

Trustees are required to declare interests that are relevant and material and declarations are requested at each meeting. A record is maintained of all relevant and material interests by the Company Secretary and this record is available on request. Staff are also required to inform the organisation where an outside commitment, e.g. membership of a school governing body, may potentially give rise to a conflict of interest.

VISYON LIMITED
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 9 -
Auditor

In accordance with the company's articles, a resolution proposing that Hammond McNulty LLP be reappointed as auditor of the company will be put at a General Meeting.

Administrative Information

Charity name: Visyon Limited

Working title: Visyon

Registered charity number: 1107951

Registered company number: 5250758

Company registered in England and Wales

Registered Company and operational address: Fellowship House, Park Road, Congleton, Cheshire. CW12 1DP

Board of Trustees

The following people served as Trustees during this year:

Andrew Brabban-Brown

Adrian Dean

Helen Butters

Jonathan Clay

Barry Brennan

Sharon Conlon

Lisa Cormack

Sidra Ali

Nathan Chrobok

Cheryl Mackay

The Directors of the charitable company are Trustees for the purpose of charity law and are known collectively as the Board of Trustees

Company Secretary - Theresa Pass

Chief Executive Officer - Theresa Pass

Auditors - Hammond McNulty, Bank House, Market Square, Congleton, Cheshire. CW12 1ET

Bankers - NatWest Bank Plc, 46 High Street, Congleton, Cheshire CW12 1BE

Disclosure of information to auditor

Each of the trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information.

The Trustees r eport was approved by the Board of Trustees.

Mr A Brabban-Brown
21 July 2026
VISYON LIMITED
STATEMENT OF TRUSTEES RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2026
- 10 -

The trustees, who are also the directors of Visyon Limited for the purpose of company law, are responsible for preparing the Trustees Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the trustees are required to:

- select suitable accounting policies and then apply them consistently;

- observe the methods and principles in the Charities SORP;

- make judgements and estimates that are reasonable and prudent;

- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

VISYON LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF VISYON LIMITED
- 11 -

Opinion

We have audited the financial statements of Visyon Limited (the ‘charity’) for the year ended 31 March 2026 which comprise the statement of financial activities, the summary income and expenditure account, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

-

give a true and fair view of the state of the charitable company's affairs as at 31 March 2026 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;

-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-

have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Trustees use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

-

the information given in the Trustees r eport for the financial year for which the financial statements are prepared, which includes the d irectors' r eport prepared for the purposes of company law, is consistent with the financial statements; and

-

the d irectors' r eport included within the Trustees r eport has been prepared in accordance with applicable legal requirements.

VISYON LIMITED
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF VISYON LIMITED
- 12 -
Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the d irectors' r eport included within the Trustees r eport.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

-

adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

-

the financial statements are not in agreement with the accounting records and returns; or

-

certain disclosures of trustees' remuneration specified by law are not made; or

-

we have not received all the information and explanations we require for our audit; or

-

the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the Trustees report and from the requirement to prepare a strategic report.

Responsibilities of trustees

As explained more fully in the s tatement of Trustees r esponsibilities, the trustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

VISYON LIMITED
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF VISYON LIMITED
- 13 -
Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

We obtained an understanding of laws and regulations that affect the company, focusing on those that had a direct effect on the financial statements or that had a fundamental effect on its operations. Key laws and regulations that we identified included the UK Companies Act, tax legislation, and employment legislation.

We enquired of the directors, reviewed correspondence with HMRC and reviewed legal fees for evidence of non-compliance with relevant laws and regulations. We also reviewed controls the directors have in place to ensure compliance.

We gained an understanding of the controls that the directors have in place to prevent and detect fraud. We enquired of the directors about any incidences of fraud that had taken place during the accounting period.

The risk of fraud and non-compliance with laws and regulations and fraud was discussed within the audit team and tests were planned and performed to address these risks. We identified the potential for fraud in the following areas:

related party transactions, revenue recognition and management override.

We reviewed financial statements disclosures and tested to supporting documentation to assess compliance with relevant laws and regulations discussed above.

We enquired of the directors about actual and potential litigation and claims.

We performed analytical procedures at the planning stage to identify any unusual or unexpected relationships that might indicate risks of material misstatement due to fraud.

In addressing the risk of fraud due to management override of internal controls we tested the appropriateness of journal entries and assessed whether the judgements made in making accounting estimates were indicative of a potential bias.

Due to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, as with any audit, there remained a higher risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing fraud or non-compliance laws and regulations and cannot be expected to detect all fraud and non-compliance with laws and regulations.

The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of P art 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

VISYON LIMITED
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF VISYON LIMITED
- 14 -
Marie Ann Shenton FCCA (Senior Statutory Auditor)
For and on behalf of Hammond McNulty LLP, Statutory Auditor
Chartered Certified Accountants
Bank House
Market Square
Congleton
Cheshire
CW12 1ET
United Kingdom
22 July 2026
VISYON LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2026
- 15 -
Unrestricted
Restricted
Endowment
Total
Unrestricted
Restricted
Endowment
Total
funds
funds
funds
funds
funds
funds
2026
2026
2026
2026
2025
2025
2025
2025
Notes
£
£
£
£
£
£
£
£
Income from:
Donations and legacies
3
110,558
67,194
-
177,752
85,063
28,479
230,000
343,542
Charitable activities
4
-
593,407
-
593,407
26,785
609,373
-
636,158
Other trading activities
5
27
-
-
27
3,656
-
-
3,656
Investments
6
9,720
-
-
9,720
10,245
-
-
10,245
Total income and endowments
120,305
660,601
-
780,906
125,749
637,852
230,000
993,601
Expenditure on:
Raising funds
7
-
-
-
-
2,625
-
-
2,625
Charitable activities
8
83,430
697,263
-
780,693
212,691
546,251
-
758,942
Total expenditure
83,430
697,263
-
780,693
215,316
546,251
-
761,567
Net income/(expenditure)
36,875
(36,662)
-
213
(89,567)
91,601
230,000
232,034
Transfers between funds
2,266
(2,266)
-
-
248,720
(248,720)
-
-
Net movement in funds
10
39,141
(38,928)
-
213
159,153
(157,119)
230,000
232,034
Reconciliation of funds:
Fund balances at 1 April 2025
268,344
102,603
230,000
600,947
109,191
259,722
-
368,913
Fund balances at 31 March 2026
307,485
63,675
230,000
601,160
268,344
102,603
230,000
600,947

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

VISYON LIMITED
SUMMARY INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2026
- 16 -
All income funds
2026
2025
£
£
Gross income
780,906
763,601
Total expenditure from income funds
780,693
761,567
Net income for the year
213
2,034
VISYON LIMITED
BALANCE SHEET
AS AT 31 MARCH 2026
31 March 2026
- 17 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
14
16,652
16,567
Current assets
Debtors
15
69,902
30,713
Cash at bank and in hand
619,373
652,604
689,275
683,317
Creditors: amounts falling due within one year
16
(104,767)
(98,937)
Net current assets
584,508
584,380
Total assets less current liabilities
601,160
600,947
The funds of the charity
Endowment funds
19
230,000
230,000
Restricted income funds
20
63,675
102,603
Unrestricted funds
21
307,485
268,344
601,160
600,947
The financial statements were approved by the trustees on 21 July 2026
Mr A Brabban-Brown
VISYON LIMITED
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2026
- 18 -
2026
2025
Notes
£
£
£
£
Cash flows from operating activities
Cash (absorbed by)/generated from operations
25
(37,491)
246,021
Investing activities
Purchase of tangible fixed assets
(5,460)
(4,810)
Investment income received
9,720
10,245
Net cash generated from investing activities
4,260
5,435
Net cash generated from financing activities
-
-
Net (decrease)/increase in cash and cash equivalents
(33,231)
251,456
Cash and cash equivalents at beginning of year
652,604
401,148
Cash and cash equivalents at end of year
619,373
652,604
VISYON LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 19 -
1
Accounting policies
Charity information

Visyon Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is Fellowship House, Park Road, Congleton, Cheshire, CW12 1DP, England.

1.1
Basis of preparation

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)". The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4
Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Income is only deferred when:

- The donor specifies that the grant or donation must only be used in future accounting period; or

- the don o r has imposed conditions which must be met before the charity has unconditional entitlement.

Investment income is recognised on a receivable basis.

Income from charitable activities, which includes income received under contract or where entitlement to grant funding is subject to specific performance conditions, is recognised as earned (as the related goods or services provided). Grant income included in this category provides funding to support performance activities and is recognised where there is entitlement, receipt is probable and the amount can be measured with sufficient reliability.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
VISYON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 20 -
1.5
Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. I t is categorised under the following headings:

- Costs of raising funds are those costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds

- Expenditure on charitable activities consists of resources expended on all of its charitable work in order for it to meet its charitable objectives, which includes all costs relating to providing services to children, young people, and their families.

- Other expenditure represents those items not falling into the categories above.

Support costs allocation

Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office costs, governance costs, and administrative payroll costs. They are incurred directly in support of expenditure on the objects of the charity and include project management carried out at Headquarters. Where support costs cannot be directly attributed to particular headings they have been allocated to cost of raising funds and expenditure on charitable activities on a basis consistent with use of the resources.

Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities.

1.6
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold land and buildings
10% reducing balance
Plant and equipment
25% reducing balance
Fixtures and fittings
25% reducing balance
Computers
33% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7
Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8
Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

VISYON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 21 -
1.9
Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.10
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Judgements and Estimation Uncertainty

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

VISYON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 22 -
3
Income from donations and legacies
Unrestricted
Restricted
Endowment
Total
Unrestricted
Restricted
Endowment
Total
funds
funds
funds
funds
funds
funds
2026
2026
2026
2026
2025
2025
2025
2025
£
£
£
£
£
£
£
£
Donations and gifts
94,464
11,000
-
105,464
83,005
-
-
83,005
Deed of gift
-
-
-
-
-
-
230,000
230,000
Grants
13,884
56,194
-
70,078
-
28,479
-
28,479
Membership fees
2,210
-
-
2,210
2,058
-
-
2,058
110,558
67,194
-
177,752
85,063
28,479
230,000
343,542
Deed of gift
The Edward Gostling Fund
-
-
-
-
-
-
230,000
230,000
-
-
-
-
-
-
230,000
230,000
VISYON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
3
Income from donations and legacies
Unrestricted
Restricted
Endowment
Total
Unrestricted
Restricted
Endowment
Total
funds
funds
funds
funds
funds
funds
2026
2026
2026
2026
2025
2025
2025
2025
£
£
£
£
£
£
£
£
(Continued)
- 23 -
Grants
Congleton Inclosure trust
-
-
-
-
-
25,000
-
25,000
Healthy Neighbourhood
-
3,398
-
3,398
-
3,479
-
3,479
Morrisons
903
-
-
903
-
-
-
-
Cheshire Easy Digital Communities Fund
2,481
-
-
2,481
-
-
-
-
The Clarke Charitable Settlement
500
-
-
500
-
-
-
-
John Holford Charity
10,000
-
-
10,000
-
-
-
-
Julia Rausing
-
7,334
-
7,334
-
-
-
-
The Dome Youth Zone
-
15,156
-
15,156
-
-
-
-
Steve Morgan Foundation
-
30,306
-
30,306
-
-
-
-
13,884
56,194
-
70,078
-
28,479
-
28,479
VISYON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 24 -
4
Income from charitable activities
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2026
2026
2026
2025
2025
2025
£
£
£
£
£
£
Schools
Emotional health and wellbeing
-
13,142
13,142
-
19,966
19,966
NHS
Emotional health and wellbeing
-
157,625
157,625
-
164,140
164,140
Cheshire East
Emotional health and wellbeing
-
301,612
301,612
-
259,169
259,169
The National Lottery
Emotional health and wellbeing
-
65,422
65,422
-
83,124
83,124
Cheshire Community Foundation - Crewe Fund
Emotional health and wellbeing
-
23,490
23,490
-
34,007
34,007
Other
Emotional health and wellbeing
-
32,116
32,116
26,450
48,967
75,417
Charitable rental income
-
-
-
335
-
335
-
593,407
593,407
26,785
609,373
636,158
5
Income from other trading activities
Unrestricted
Unrestricted
funds
funds
2026
2025
£
£
Fundraising events
-
3,350
Other income
27
306
Other trading activities
27
3,656
VISYON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 25 -
6
Income from investments
Unrestricted
Unrestricted
funds
funds
2026
2025
£
£
Interest receivable
9,720
10,245
7
Expenditure on raising funds
Unrestricted
Unrestricted
funds
funds
2026
2025
£
£
Fundraising and publicity
Other fundraising costs
-
2,625
VISYON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 26 -
8
Expenditure on charitable activities
Schools
NHS
Cheshire East
The National Lottery
Cheshire Community Foundation - Crewe Fund
Other
Total
2026
2026
2026
2026
2026
2026
2026
£
£
£
£
£
£
£
Direct costs
Staff costs
8,556
83,343
265,681
48,377
22,613
45,373
473,943
Depreciation and impairment
-
1,040
1,040
82
-
3,213
5,375
Light, heat & water
-
3,713
3,785
2,479
-
1,014
10,991
Insurance
-
2,402
2,450
794
612
4,348
10,606
Telephone
159
1,116
1,715
323
88
2,206
5,607
Postage & stationery
-
514
1,401
16
2
951
2,884
Workshop facilitators
-
-
566
-
5
131
702
Counselling & supervision
-
2,213
2,204
281
180
354
5,232
Subcontract, recruitment & training
-
16,674
13,354
105
110
2,450
32,693
Rent & room hire
-
1,975
3,305
505
-
12,645
18,430
Subscriptions
-
1,995
2,665
219
40
2,881
7,800
Travel & residential costs
164
1,385
900
871
96
533
3,949
Repairs & Renewals
-
3,457
2,355
1,371
-
2,996
10,179
Software & related costs
-
3,972
1,603
3,848
212
16,390
26,025
Refreshment, cleaning & sundries
-
1,899
1,323
299
65
8,832
12,418
8,879
125,698
304,347
59,570
24,023
104,317
626,834
Share of support and governance costs (see note 9)
Support
2,653
15,975
39,403
4,744
1,898
76,694
141,367
Governance
-
1,895
2,997
330
495
6,775
12,492
11,532
143,568
346,747
64,644
26,416
187,786
780,693
VISYON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
8
Expenditure on charitable activities
(Continued)
- 27 -
Analysis by fund
Unrestricted funds
-
-
-
-
-
83,430
83,430
Restricted funds
11,532
143,568
346,747
64,644
26,416
104,356
697,263
11,532
143,568
346,747
64,644
26,416
187,786
780,693
VISYON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
8
Expenditure on charitable activities
(Continued)
- 28 -
Previous year:
Schools
NHS
Cheshire East
The National Lottery
Cheshire Community Foundation - Crewe Fund
Other
Total
2025
2025
2025
2025
2025
2025
2025
£
£
£
£
£
£
£
Direct costs
Staff costs
17,632
86,745
164,094
61,089
38,785
89,159
457,504
Depreciation and impairment
-
1,224
1,488
553
87
896
4,248
Light, heat & water
-
2,209
1,337
2,780
184
1,090
7,600
Insurance
564
3,175
-
463
398
4,528
9,128
Telephone
547
933
2,053
287
148
1,329
5,297
Postage & stationery
162
293
-
247
6
1,225
1,933
Workshop facilitators
12
113
746
118
103
4
1,096
Counselling & supervision
312
2,660
2,174
620
767
316
6,849
Subcontract, recruitment & training
-
193
311
145
138
2,100
2,887
Rent & room hire
-
3,444
4,176
949
177
9,324
18,070
Subscriptions
204
540
204
316
191
23,319
24,774
Travel & residential costs
675
1,759
549
368
166
182
3,699
Repairs & Renewals
-
1,644
1,801
1,055
112
4,832
9,444
Software & related costs
441
2,707
774
3,093
436
9,658
17,109
Refreshment, cleaning & sundries
350
1,440
333
521
121
7,046
9,811
20,899
109,079
180,040
72,604
41,819
155,008
579,449
Share of support and governance costs (see note 9)
Support
3,804
23,681
15,840
6,133
833
117,758
168,049
Governance
540
936
-
3,571
182
6,215
11,444
25,243
133,696
195,880
82,308
42,834
278,981
758,942
VISYON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
8
Expenditure on charitable activities
(Continued)
- 29 -
Analysis by fund
Unrestricted funds
-
-
-
-
-
212,691
212,691
Restricted funds
25,243
133,696
195,880
82,308
42,834
66,290
546,251
25,243
133,696
195,880
82,308
42,834
278,981
758,942
VISYON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 30 -
9
Support costs allocated to activities
2026
2025
£
£
Staff costs
139,527
166,546
Bank Charges
555
491
Online giving charges
1,285
1,012
Governance costs
12,492
11,444
153,859
179,493
Analysed between:
Schools
2,653
4,344
NHS
17,870
24,617
Cheshire East
42,400
15,840
The National Lottery
5,074
9,704
Cheshire Community Foundation - Crewe Fund
2,393
1,015
Other
83,469
123,973
153,859
179,493
10
Net movement in funds
2026
2025
£
£
The net movement in funds is stated after charging/(crediting):
Fees payable for the audit of the charity's financial statements
7,092
5,288
Depreciation of owned tangible fixed assets
5,375
4,248
11
Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. No trustee expenses were reimbursed in the year.

12
Employees

The average monthly number of employees during the year was:

2026
2025
Number
Number
24
25
VISYON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
12
Employees
(Continued)
- 31 -
Employment costs
2026
2025
£
£
Wages and salaries
559,538
582,540
Social security costs
41,950
29,702
Other pension costs
11,982
11,808
613,470
624,050
There were no employees whose annual remuneration was more than £60,000.
Remuneration of key management personnel

The remuneration of key management personnel was £55,569 (2025 £53,002).

13
Taxation

The charity is exempt from tax ation on its activities because all its income is applied for charitable purposes.

14
Tangible fixed assets
Leasehold land and buildings
Plant and equipment
Fixtures and fittings
Computers
Total
£
£
£
£
£
Cost
At 1 April 2025
59,627
5,054
1,417
27,830
93,928
Additions
-
840
-
4,620
5,460
At 31 March 2026
59,627
5,894
1,417
32,450
99,388
Depreciation and impairment
At 1 April 2025
55,820
3,149
1,237
17,155
77,361
Depreciation charged in the year
381
545
45
4,404
5,375
At 31 March 2026
56,201
3,694
1,282
21,559
82,736
Carrying amount
At 31 March 2026
3,426
2,200
135
10,891
16,652
At 31 March 2025
3,807
1,905
180
10,675
16,567
VISYON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 32 -
15
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
60,591
22,123
Prepayments and accrued income
9,311
8,590
69,902
30,713
16
Creditors: amounts falling due within one year
2026
2025
Notes
£
£
Deferred income
17
45,366
64,617
Payments received on account
23,406
15,222
Trade creditors
12,027
2,051
Other creditors
17,368
11,007
Accruals
6,600
6,040
104,767
98,937
17
Deferred income
2026
2025
£
£
Other deferred income
45,366
49,150

Deferred income is included in the financial statements as follows:

2026
2025
£
£
Deferred income is included within:
Current liabilities
45,366
64,617
Movements in the year:
Deferred income at 1 April 2025
64,617
49,150
Released from previous periods
-64,617
-49,150
Resources deferred in the year
45,366
64,617
Deferred income at 31 March 2026
45,366
64,617
18
Retirement benefit schemes
2026
2025
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
11,982
11,808

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

VISYON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 33 -
19
Endowment funds

Income arising on the endowment funds can be used in accordance with the objects of the charity and is included as unrestricted income.

At 1 April 2025
Incoming resources
At 31 March 2026
£
£
£
Expendable endowments
230,000
-
230,000
Previous year:
At 1 April 2024
Incoming resources
At 31 March 2025
£
£
£
Expendable endowments
-
230,000
230,000

The endowment fund included in the accounts is from The Edward Gostling Fund.

VISYON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 34 -
20
Restricted funds

The restricted funds of the charity compri se the unexpended balances of donations, grants and other income held on trust subject to specific conditions by donors as to how they may be use d.

At 1 April 2025
Incoming resources
Resources expended
Transfers
At 31 March 2026
£
£
£
£
£
Assura
-
9,412
(9,412)
-
-
CCF
723
14,740
(15,463)
-
-
NHS
30,442
157,625
(143,568)
-
44,499
National Lottery
-
58,789
(57,226)
-
1,563
Schools
-
13,142
(11,532)
-
1,610
Trusthouse
1,155
16,596
(17,751)
-
-
Fixed Assets
7,468
-
-
(2,342)
5,126
Awards for All
785
6,633
(7,418)
-
-
CCF Fund it Forward
2,201
8,750
(10,953)
2
-
Cheshire East HYM
45,134
301,612
(346,747)
1
-
Clothworkers
-
6,108
(6,108)
-
-
Healthy Neighbourhoods
110
3,398
(2,741)
-
767
Congleton Inclosure Trust
14,585
-
(14,585)
-
-
Steve Morgan
-
30,306
(30,306)
-
-
The Dome Youth Zone
-
15,156
(15,229)
73
-
Julia Rausing
-
7,334
(6,659)
-
675
St James Place
-
10,000
(1,565)
-
8,435
Castle Green Homes
-
1,000
-
-
1,000
102,603
660,601
(697,263)
(2,266)
63,675
VISYON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
20
Restricted funds
(Continued)
- 35 -
Previous year:
At 1 April 2024
Incoming resources
Resources expended
Transfers
At 31 March 2025
£
£
£
£
£
Assura
-
15,589
(17,245)
1,656
-
CCF
-
34,007
(33,284)
-
723
NHS
-
164,140
(133,698)
-
30,442
National Lottery
-
69,857
(69,825)
(32)
-
Schools
-
19,965
(21,875)
1,910
-
Trusthouse
-
15,383
(14,228)
-
1,155
Operating costs
250,000
-
-
(250,000)
-
Fixed Assets
9,722
-
-
(2,254)
7,468
Awards for All
-
13,268
(12,483)
-
785
CCF Fund it Forward
-
11,750
(9,549)
-
2,201
Cheshire East HYM
-
260,363
(215,229)
-
45,134
Clothworkers
-
5,052
(5,052)
-
-
Healthy Neighbourhoods
-
3,478
(3,368)
-
110
Congleton Inclosure Trust
-
25,000
(10,415)
-
14,585
259,722
637,852
(546,251)
(248,720)
102,603
21
Unrestricted funds

The unrestricted funds of the charity compri se the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be use d. The se include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 April 2025
Incoming resources
Resources expended
Transfers
At 31 March 2026
£
£
£
£
£
Unrestricted funds
2,454
120,305
(75,509)
2,266
49,516
The Leathersellers
15,890
-
(7,921)
-
7,969
Designated fund - operating costs
250,000
-
-
-
250,000
268,344
120,305
(83,430)
2,266
307,485
Previous year:
At 1 April 2024
Incoming resources
Resources expended
Transfers
At 31 March 2025
£
£
£
£
£
Unrestricted funds
109,191
99,499
(204,956)
(1,280)
2,454
The Leathersellers
-
26,250
(10,360)
-
15,890
Designated fund - operating costs
-
-
-
250,000
250,000
109,191
125,749
(215,316)
248,720
268,344
VISYON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 36 -
22
Analysis of net assets between funds
Unrestricted
Restricted
Endowment
Total
funds
funds
funds
2026
2026
2026
2026
£
£
£
£
At 31 March 2026:
Tangible assets
11,526
5,126
-
16,652
Current assets/(liabilities)
295,959
58,549
230,000
584,508
307,485
63,675
230,000
601,160
Unrestricted
Restricted
Endowment
Total
funds
funds
funds
2025
2025
2025
2025
£
£
£
£
At 31 March 2025:
Tangible assets
9,099
7,468
-
16,567
Current assets/(liabilities)
259,245
95,135
230,000
584,380
268,344
102,603
230,000
600,947
23
Operating lease commitments
Lessee

At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

2026
2025
£
£
Within one year
19,625
18,301
Between two and five years
30,338
30,303
49,963
48,604
24
Related party transactions
Transactions with related parties

During the year the charity had no related parties transactions.

VISYON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 37 -
25
Cash (absorbed by)/generated from operations
2026
2025
£
£
Surplus for the year
213
232,034
Adjustments for:
Investment income recognised in statement of financial activities
(9,720)
(10,245)
Depreciation and impairment of tangible fixed assets
5,375
4,248
Movements in working capital:
(Increase) in debtors
(39,189)
(11,866)
Increase/(decrease) in creditors
25,081
(32,767)
(Decrease)/increase in deferred income
(19,251)
64,617
Cash (absorbed by)/generated from operations
(37,491)
246,021
26
Analysis of changes in net funds

The charity had no material debt during the year.

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