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REGISTERED NUMBER: SC635678 (Scotland)
















Unaudited Financial Statements

for the Year Ended 31 July 2024

for

Viberta Ltd.

Viberta Ltd. (Registered number: SC635678)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Viberta Ltd.

Company Information
for the Year Ended 31 July 2024







DIRECTORS: Mr N Clitheroe
Mrs D Clitheroe





REGISTERED OFFICE: Westburn Business Centre
Mcnee Road
Prestwick
KA9 2PB





REGISTERED NUMBER: SC635678 (Scotland)

Viberta Ltd. (Registered number: SC635678)

Balance Sheet
31 July 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 123,000 123,000
Cash at bank and in hand 1,172 1,172
124,172 124,172
CREDITORS
Amounts falling due within one year 5 3,219 3,219
NET CURRENT ASSETS 120,953 120,953
TOTAL ASSETS LESS CURRENT
LIABILITIES

120,953

120,953

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 120,853 120,853
SHAREHOLDERS' FUNDS 120,953 120,953

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 December 2024 and were signed on its behalf by:





Mr N Clitheroe - Director


Viberta Ltd. (Registered number: SC635678)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Viberta Ltd. is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Going concern
The company was dormant throughout the current and previous period.

The financial statements have been prepared on a going concern basis while the directors decide the future use of the company.

Financial instruments
Financial assets and liabilities are recognised when the company becomes a party to the contractual provisions of the instrument and are classified in accordance with their underlying economic reality.

The company has two main categories of financial instruments, which are loans and other receivables and other financial liabilities:

Loans and other receivables
Loans and other receivables are non-derivative financial assets with fixed or determinable payments that are not quoted in an active market. Upon recognition, these assets are measured at fair value less directly related transaction expenses. In successive periods these are measured at amortised cost, and any differences between acquisition cost and redemption value is accounted for over the borrowing period by using the effective interest method. If transaction costs are immaterial and the credit period is short, amortised cost is equal to the nominal value less any allowance for credit losses.

Other financial liabilities
Other financial liabilities are recognised initially at fair value, net of transaction costs incurred. In successive periods these are measured at amortised cost. Any differences between acquisition cost and redemption value is accounted for over the borrowing period by using the effective interest method. If transaction costs are immaterial and the credit period is short, amortised cost is equal to the nominal value.

Impairment of financial instruments
A provision for impairment is established when there is objective evidence that, as a result of one or more events that occurred after the initial recognition, the estimated future cash flows have been impacted.

Cash and cash equivalents
Cash and cash equivalents comprise cash held by the company and short term bank deposits with an original maturity of three months or less from inception and are subject to insignificant risk of changes in value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Viberta Ltd. (Registered number: SC635678)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by associates 123,000 123,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 3,219 3,219

6. RELATED PARTY DISCLOSURES

The company operates a loan account with Viberta Properties Ltd, a company controlled by the directors. At the year end, the balance due to the company was £123,000 (2023: £123,000). This loan is unsecured, interest fee and has no fixed repayment terms.

Directors' Loan Account
The company also operates a loan account with the directors. At the year end, the balance due to the directors was £3,219 (2023: £3,219). This loan is unsecured, interest free and has no fixed repayment terms.

7. ULTIMATE CONTROLLING PARTY

The company is under the control of one of the directors by virtue of his 85% shareholding in the company.