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COMPANY REGISTRATION NUMBER: 3704000

Vision Profiles Ltd

Filleted Unaudited Financial Statements

31 December 2025

Vision Profiles Ltd

Statement of Financial Position

31 December 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Tangible assets | 5 | 1,013,017 | 1,164,473

Current assets

Stocks | 1,646,360 | 1,558,021
Debtors | 6 | 1,444,333 | 1,056,991
Cash at bank and in hand | 671,979 | 570,965
| ------------ | ------------
| 3,762,672 | 3,185,977

Creditors: amounts falling due within one year | 7 | 1,725,433 | 1,367,714
| ------------ | ------------
Net current assets | 2,037,239 | 1,818,263
| ------------ | ------------
Total assets less current liabilities | 3,050,256 | 2,982,736

Provisions

Taxation including deferred tax | 233,535 | 261,284
| ------------ | ------------
Net assets | 2,816,721 | 2,721,452
| ------------ | ------------

Capital and reserves

Called up share capital | 8 | 29,600 | 29,600
Capital redemption reserve | 33,967 | 33,967
Profit and loss account | 2,753,154 | 2,657,885
| ------------ | ------------
Shareholders funds | 2,816,721 | 2,721,452
| ------------ | ------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 December 2025 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 year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Vision Profiles Ltd

Statement of Financial Position (continued)

31 December 2025
These financial statements were approved by the board of directors and authorised for issue on 13 July 2026 , and are signed on behalf of the board by:

Mr A C Grady
Director

Company registration number: 3704000

Vision Profiles Ltd

Notes to the Financial Statements

Year ended 31 December 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit K, Quedgeley West Business Park, Bristol Road, Gloucestershire, GL2 4PA.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Buildings | - | 2% straight line
| Plant and machinery | - | 10% straight line
| Fixtures and fittings | - | 20% straight line
| Motor vehicles | - | 25% straight line

| Equipment | - | 33% straight line

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 42 (2024: 41 ).
5. Tangible assets

| Freehold property | Plant and machinery | Fixtures and fittings | Motor vehicles | Equipment | Total
| £ | £ | £ | £ | £ | £
Cost |  |  |  |  |  |
At 1 Jan 2025 | 26,276 | 1,864,408 | 78,685 | 396,940 | 136,315 | 2,502,624
Additions | – | 108,936 | – | – | 14,602 | 123,538
Disposals | – | – | – | ( 124,070) | ( 46,265) | ( 170,335)
| -------- | ------------ | -------- | --------- | --------- | ------------
At 31 Dec 2025 | 26,276 | 1,973,344 | 78,685 | 272,870 | 104,652 | 2,455,827
| -------- | ------------ | -------- | --------- | --------- | ------------
Depreciation |  |  |  |  |  |
At 1 Jan 2025 | 3,000 | 1,018,305 | 58,323 | 136,250 | 122,273 | 1,338,151
Charge for the year | 1,800 | 120,915 | 5,576 | 83,770 | 15,963 | 228,024
Disposals | – | – | – | ( 77,100) | ( 46,265) | ( 123,365)
| -------- | ------------ | -------- | --------- | --------- | ------------
At 31 Dec 2025 | 4,800 | 1,139,220 | 63,899 | 142,920 | 91,971 | 1,442,810
| -------- | ------------ | -------- | --------- | --------- | ------------
Carrying amount |  |  |  |  |  |
At 31 Dec 2025 | 21,476 | 834,124 | 14,786 | 129,950 | 12,681 | 1,013,017
| -------- | ------------ | -------- | --------- | --------- | ------------
At 31 Dec 2024 | 23,276 | 846,103 | 20,362 | 260,690 | 14,042 | 1,164,473
| -------- | ------------ | -------- | --------- | --------- | ------------

6. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 1,283,440 | 851,185
Prepayments and accrued income | 112,150 | 118,990
Directors loan account | 47,908 | 86,681
Other debtors | 835 | 135
| ------------ | ------------
| 1,444,333 | 1,056,991
| ------------ | ------------

7. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Payments received on account | – | 22,677
Trade creditors | 1,236,243 | 1,011,030
Accruals and deferred income | 15,952 | 10,586
Corporation tax | 132,060 | 83,714
Social security and other taxes | 330,802 | 231,346
Other creditors | 10,376 | 8,361
| ------------ | ------------
| 1,725,433 | 1,367,714
| ------------ | ------------

8. Called up share capital
Issued, called up and fully paid

| 2025 | 2024
| No. | £ | No. | £
Ordinary 'A' shares of £ 1 each | 29,400 | 29,400 | 29,400 | 29,400
Ordinary 'B' shares of £ 1 each | 100 | 100 | 100 | 100
Ordinary 'D' shares of £ 1 each | 100 | 100 | 100 | 100
| -------- | -------- | -------- | --------
| 29,600 | 29,600 | 29,600 | 29,600
| -------- | -------- | -------- | --------

9. Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:

| 2025 | 2024
| £ | £
Not later than 1 year | 281,643 | 298,233
Later than 1 year and not later than 5 years | 1,113,300 | 1,116,618
Later than 5 years | 579,612 | 857,937
| ------------ | ------------
| 1,974,555 | 2,272,788
| ------------ | ------------

10. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:

| 2025
|  | Balance brought forward | Advances/ (credits) to the directors | Balance outstanding
|  | £ | £ | £
| Mr A C Grady | 86,681 | ( 38,773) | 47,908
|  | -------- | -------- | --------

| 2024
|  | Balance brought forward | Advances/ (credits) to the directors | Balance outstanding
|  | £ | £ | £
| Mr A C Grady | ( 587) | 87,268 | 86,681
|  | ---- | -------- | --------

The director's loan is repayable on demand and interest is payable at HMRC's 'official rate' of interest. The director's loan was repaid in full on 31 January 2026.