Company No: 04341788 (England and Wales)

Contents

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

DIRECTORS	C E Waterton
	P Waterton

SECRETARY

C E Waterton

REGISTERED OFFICE	Behren House Tang Road
	Felliscliffe
	Harrogate
	HG3 2JX
	United Kingdom

COMPANY NUMBER

04341788 (England and Wales)

ACCOUNTANT	S&W Partners (Leeds) Limited
	3rd Floor, 56 Wellington Street
	Leeds
	LS1 2EE

BANKERS	National Westminister
	PO Box 959
	96 Brighton Road
	Coulsdon
	Surrey
	CR5 2YS

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	0		6,892
Investments		2,731,716		2,654,923
		2,731,716		2,661,815
Current assets
Debtors	4	1,360,276		2,369,518
Cash at bank and in hand	5	1,006,616		20,223
		2,366,892		2,389,741
Creditors: amounts falling due within one year	6	( 100,160)		( 99,539)
Net current assets		2,266,732		2,290,202
Total assets less current liabilities		4,998,448		4,952,017
Provision for liabilities		( 519,026)		( 505,230)
Net assets		4,479,422		4,446,787
Capital and reserves
Called-up share capital		2,000		2,000
Profit and loss account		4,477,422		4,444,787
Total shareholders' funds		4,479,422		4,446,787

For the financial 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 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 Vision Supplies Limited (registered number: 04341788) were approved and authorised for issue by the Board of Directors on 24 June 2026. They were signed on its behalf by:

P Waterton 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

Vision Supplies 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 Behren House Tang Road, Felliscliffe, Harrogate, HG3 2JX, 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 Vision Supplies 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

Given the current economic climate the Directors are considering future options for the company and its trade.

Basis of consolidation

The financial statements contain information about Vision Supplies Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on enacted or substantively enacted tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

10 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

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 credited or charged to profit or loss.

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.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	5		5

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 January 2025	178,137		178,137
Additions	798		798
Disposals	( 178,935)		( 178,935)
At 31 December 2025	0		0
Accumulated depreciation
At 01 January 2025	171,245		171,245
Charge for the financial year	2,537		2,537
Disposals	( 173,782)		( 173,782)
At 31 December 2025	0		0
Net book value
At 31 December 2025	0		0
At 31 December 2024	6,892		6,892

4. Debtors

	2025		2024
	£		£
Amounts owed by Group undertakings	13,500		13,500
Other debtors	1,346,776		2,356,018
	1,360,276		2,369,518

5. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	1,006,616		20,223

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	80,613		78,200
Amounts owed to Group undertakings	2,000		0
Taxation and social security	12,347		18,139
Other creditors	5,200		3,200
	100,160		99,539