VISION PRO SOFTWARE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S W Aldridge

J Horsfall

REGISTERED OFFICE:

The Lookout

4 Bull Close Road

Nottingham

NG7 2UL

REGISTERED NUMBER:

14507434 (England and Wales)

ACCOUNTANTS:

Sibbalds Limited

Chartered Accountants and Business Advisers

Sixth Floor

Cavendish Building

1 Agard Street

Derby

Derbyshire

DE1 1DZ

FIXED ASSETS

Intangible assets

4

250,535

202,232

Tangible assets

5

4,110

5,086

254,645

207,318

CURRENT ASSETS

Debtors

6

42,670

20,750

Cash at bank and in hand

12,660

33,037

55,330

53,787

CREDITORS

Amounts falling due within one year

7

204,612

169,299

NET CURRENT LIABILITIES

(149,282

)

(115,512

)

TOTAL ASSETS LESS CURRENT LIABILITIES

105,363

91,806

PROVISIONS FOR LIABILITIES

8

1,000

1,300

NET ASSETS

104,363

90,506

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

104,263

90,406

SHAREHOLDERS' FUNDS

104,363

90,506

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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2026 and were signed on its behalf by:

S W Aldridge - Director

1.	STATUTORY INFORMATION

Vision Pro Software 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.

Changes in accounting policies

During the year, the directors reviewed the estimated useful economic life of software development costs.

Following this review, the directors concluded that the software is expected to generate economic benefits over a period of five years rather than ten years as previously estimated. Accordingly, with effect from 1st April 2025, software development costs are amortised on a straight-line basis over five years.

The revision has been accounted for as a change in accounting estimate in accordance with FRS 102 and has been applied prospectively from the date of the reassessment. The effect of the change has been to increase the amortisation charge recognised in the current year by £27,199 compared with the amount that would have been recognised under the previous estimate.

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.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 6 (2025 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1 April 2025

224,250

Additions

102,701

At 31 March 2026

326,951

AMORTISATION

At 1 April 2025

22,018

Amortisation for year

54,398

At 31 March 2026

76,416

NET BOOK VALUE

At 31 March 2026

250,535

At 31 March 2025

202,232

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2025

6,056

Additions

374

At 31 March 2026

6,430

DEPRECIATION

At 1 April 2025

970

Charge for year

1,350

At 31 March 2026

2,320

NET BOOK VALUE

At 31 March 2026

4,110

At 31 March 2025

5,086

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

-

3,200

Other debtors

42,670

17,550

42,670

20,750

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

507

212

Taxation and social security

10,277

16,247

Other creditors

193,828

152,840

204,612

169,299

8.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

1,000

1,300

Deferred

tax

£

Balance at 1 April 2025

1,300

Provided during year

(300

)

Balance at 31 March 2026

1,000

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary Shares

£1

100

100