Visual Software Construction Limited - Accounts to registrar - small 17.1

REGISTERED NUMBER: 03212894

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2017

FOR

VISUAL SOFTWARE CONSTRUCTION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M D Sutton

Mrs J Sutton

SECRETARY:

M D Sutton

REGISTERED OFFICE:

7 Cotham Gardens

Cotham

Bristol

BS6 6HD

REGISTERED NUMBER:

03212894

ACCOUNTANTS:

Spring & Co Tax Limited

92 Nore Road

Portishead

Bristol

Avon

BS20 8DX

FIXED ASSETS

Tangible assets

4

1,200

1,600

CURRENT ASSETS

Debtors

5

5,140

10,180

Cash at bank

17,536

20,314

22,676

30,494

CREDITORS

Amounts falling due within one year

6

4,645

17,757

NET CURRENT ASSETS

18,031

12,737

TOTAL ASSETS LESS CURRENT LIABILITIES

19,231

14,337

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

19,229

14,335

SHAREHOLDERS' FUNDS

19,231

14,337

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 25 August 2017 and were signed on its behalf by:

M D Sutton - Director

1.	STATUTORY INFORMATION

Visual Software Construction Limited is a private company, limited by shares , registered in Not specified/Other.

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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover 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.

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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2016

and 31 July 2017

29,037

DEPRECIATION

At 1 August 2016

27,437

Charge for year

400

At 31 July 2017

27,837

NET BOOK VALUE

At 31 July 2017

1,200

At 31 July 2016

1,600

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

5,040

10,080

Other debtors

100

100

5,140

10,180

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

12

13

Taxation and social security

2,892

10,846

Other creditors

1,741

6,898

4,645

17,757