REGISTERED NUMBER: 06177810 (England and Wales)

Financial Statements for the Year Ended 31 March 2026

for

Vision Specialist Contracting Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mr M Fairman

Mrs K Fairman

Mr M Hart

REGISTERED OFFICE:

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

REGISTERED NUMBER:

06177810 (England and Wales)

ACCOUNTANTS:

Nordens

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

FIXED ASSETS

Property, plant and equipment

4

30,579

40,116

CURRENT ASSETS

Inventories

24,997

60,760

Debtors

5

124,594

10,233

Cash at bank and in hand

101,566

66,083

251,157

137,076

CREDITORS

Amounts falling due within one year

6

205,271

135,168

NET CURRENT ASSETS

45,886

1,908

TOTAL ASSETS LESS CURRENT LIABILITIES

76,465

42,024

CREDITORS

Amounts falling due after more than one year

7

6,261

1,200

NET ASSETS

70,204

40,824

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

70,201

40,821

SHAREHOLDERS' FUNDS

70,204

40,824

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 July 2026 and were signed on its behalf by:

Mr M Fairman - Director

Mrs K Fairman - Director

Mr M Hart - Director

1.	STATUTORY INFORMATION

Vision Specialist Contracting 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.

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.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 5 (2025 - 5 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

34,000

37,259

5,325

76,584

Additions

-

-

2,106

2,106

Disposals

-

(11,200

)

-

(11,200

)

At 31 March 2026

34,000

26,059

7,431

67,490

DEPRECIATION

At 1 April 2025

9,435

24,289

2,744

36,468

Charge for year

3,685

2,061

1,172

6,918

Eliminated on disposal

-

(6,475

)

-

(6,475

)

At 31 March 2026

13,120

19,875

3,916

36,911

NET BOOK VALUE

At 31 March 2026

20,880

6,184

3,515

30,579

At 31 March 2025

24,565

12,970

2,581

40,116

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2025

and 31 March 2026

26,059

DEPRECIATION

At 1 April 2025

17,814

Charge for year

2,061

At 31 March 2026

19,875

NET BOOK VALUE

At 31 March 2026

6,184

At 31 March 2025

8,245

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

76,593

-

Amounts owed by associates

3,562

3,562

Other debtors

44,439

6,671

124,594

10,233

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

39,369

8,059

Hire purchase contracts

9,578

-

Trade creditors

55,535

65,951

Taxation and social security

99,907

59,425

Other creditors

882

1,733

205,271

135,168

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

-

1,200

Hire purchase contracts

6,261

-

6,261

1,200

8.	RELATED PARTY DISCLOSURES

The Directors Mr M Fairman and Mrs K Fairman are considered to be they key management personnel.