Company No: 08898913 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Michael John Pilsworth
	Christopher Norman Wright

REGISTERED OFFICE	1st Floor Suite
	181b Kensington High Street
	London
	W8 6SH
	United Kingdom

COMPANY NUMBER

08898913 (England and Wales)

ACCOUNTANT	S&W Partners LLP
	45 Gresham Street
	London
	EC2V 7BG

	Note	2026		2025
		£		£
Current assets
Debtors	3	9,477		10,415
Cash at bank and in hand	4	1,651		951
		11,128		11,366
Creditors: amounts falling due within one year	5	( 83,766)		( 66,620)
Net current liabilities		(72,638)		(55,254)
Total assets less current liabilities		(72,638)		(55,254)
Creditors: amounts falling due after more than one year	6	0		( 10,126)
Net liabilities		( 72,638)		( 65,380)
Capital and reserves
Called-up share capital	7	4,388		4,388
Share premium account		1,681,736		1,681,736
Other reserves		289,266		289,266
Profit and loss account		( 2,048,028 )		( 2,040,770 )
Total shareholders' deficit		( 72,638)		( 65,380)

For the financial year ending 28 February 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Chrysalis Vision Limited (registered number: 08898913) were approved and authorised for issue by the Board of Directors on 30 July 2026. They were signed on its behalf by:

Christopher Norman Wright Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Chrysalis Vision Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 1st Floor Suite, 181b Kensington High Street, London, W8 6SH, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of Chrysalis Vision Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

These financial statements are separate financial statements.

Going concern

The Company made a loss in the year and has net liabilities of £72,638 (2025: net liabilities of £65,380). The directors have assessed the Balance Sheet and forecasted cash flows covering a period of 12 months from the date of approval of these financial statements. The Company is supported through loans from the directors. The directors have confirmed that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the directors will continue to support the Company. Based on this ongoing financial support, the director believes that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Debtors

	2026		2025
	£		£
VAT recoverable	21		959
Other debtors	9,456		9,456
	9,477		10,415

4. Cash and cash equivalents

	2026		2025
	£		£
Cash at bank and in hand	1,651		951

5. Creditors: amounts falling due within one year

	2026		2025
	£		£
Bank loans	10,126		10,126
Trade creditors	0		6,094
Accruals	5,040		4,800
Other creditors	68,600		45,600
	83,766		66,620

6. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Bank loans	0		10,126

7. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
4,000 Ordinary A shares of £ 1.00 each	4,000		4,000
2,762,182 Ordinary B shares of £ 0.0001 each	276		276
1,120,000 Ordinary C shares of £ 0.0001 each	112		112
	4,388		4,388

8. Related party transactions

Transactions with the entity's directors

	2026		2025
	£		£
Directors Loan	68,600		45,600

During the year, the director loaned the company £23,000 (2025: £12,400) and at the balance sheet date £68,600 (2025: £45,600) remain outstanding. No interest is charged on this loan, and it is repayable on demand.

The controlling party is Christopher Wright, by virtue of share ownership.