Abbreviated Company Accounts - VISUAL INSIGHT (MIDLANDS) LIMITED

VISUAL INSIGHT (MIDLANDS) LIMITED - Company Information

04565207 VISUAL INSIGHT (MIDLANDS) LIMITED 2013-10-31 false 2012-11-01 2013-10-31 true 04565207 2012-11-01 2013-10-31 04565207 2013-10-31 04565207 2012-10-31 04565207 uk-gaap-cd-bus:Director1 2012-11-01 2013-10-31 04565207 uk-gaap-cd-bus:Director2 2012-11-01 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-11-01 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-10-31 iso4217:GBP shares

Registered Number 04565207

VISUAL INSIGHT (MIDLANDS) LIMITED

Abbreviated Accounts

31 October 2013

VISUAL INSIGHT (MIDLANDS) LIMITED Registered Number 04565207

Abbreviated Balance Sheet as at 31 October 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	982	982
		982	982
Current assets
Debtors		63,271	86,636
Cash at bank and in hand		434	16
		63,705	86,652
Creditors: amounts falling due within one year		(10,387)	(14,568)
Net current assets (liabilities)		53,318	72,084
Total assets less current liabilities		54,300	73,066
Creditors: amounts falling due after more than one year		(40,486)	(57,057)
Total net assets (liabilities)		13,814	16,009
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		13,812	16,007
Shareholders' funds		13,814	16,009

For the year ending 31 October 2013 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 July 2014

And signed on their behalf by:
Mr S Wood, Director

VISUAL INSIGHT (MIDLANDS) LIMITED Registered Number 04565207

Notes to the Abbreviated Accounts for the period ended 31 October 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
In respect of long term contracts and contracts for on going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long term contracts and contracts for on going services is recognised by reference to the stage of completion.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Plant & Machinery 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
Office Equipment 25% Reducing Balance

2Tangible fixed assets

	£
Cost
At 1 November 2012	13,116
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2013	13,116
Depreciation
At 1 November 2012	12,134
Charge for the year	-
On disposals	-
At 31 October 2013	12,134
Net book values
At 31 October 2013	982
At 31 October 2012	982

3Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
2 Ordinary shares of £1 each	2	2