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REGISTERED NUMBER: 07246689 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

VIRTUSALES INTERNATIONAL LIMITED

VIRTUSALES INTERNATIONAL LIMITED (REGISTERED NUMBER: 07246689)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


VIRTUSALES INTERNATIONAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: P Turner
C D Meek





SECRETARY: P Turner





REGISTERED OFFICE: The Old Casino
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ





REGISTERED NUMBER: 07246689 (England and Wales)





ACCOUNTANTS: Galloways Accounting (Hove) Limited
The Old Casino
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ

VIRTUSALES INTERNATIONAL LIMITED (REGISTERED NUMBER: 07246689)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 715,854 499,969
Cash at bank 2,760,069 2,967,116
3,475,923 3,467,085
CREDITORS
Amounts falling due within one year 5 3,356,989 3,272,021
NET CURRENT ASSETS 118,934 195,064
TOTAL ASSETS LESS CURRENT
LIABILITIES

118,934

195,064

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 6 118,932 195,062
SHAREHOLDERS' FUNDS 118,934 195,064

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 January 2025 and were signed on its behalf by:





P Turner - Director


VIRTUSALES INTERNATIONAL LIMITED (REGISTERED NUMBER: 07246689)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

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

Turnover
Turnover represents sales of services. Turnover is recognised at the point the customer is entitled to consideration.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 438,247 419,846
Other debtors 268,799 71,478
Prepayments 8,808 8,645
715,854 499,969

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 47,354 -
Tax 309,740 122,378
Other creditors 129,311 65,316
Directors' current accounts 12,482 12,482
Accruals and deferred income 2,858,102 3,071,845
3,356,989 3,272,021

6. RESERVES
Retained
earnings
£   

At 1 May 2023 195,062
Profit for the year 923,870
Dividends (1,000,000 )
At 30 April 2024 118,932

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, Mr P Turner maintained his loan to the company. As at 30th April 2024, the company owed him £6,366 (2023: £6,366). This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

During the year, Mr C Meek maintained his loan to the company. As at 30th April 2024, the company owed him £6,116 (2023: £6,116). This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

VIRTUSALES INTERNATIONAL LIMITED (REGISTERED NUMBER: 07246689)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

8. ULTIMATE CONTROLLING PARTY

The controlling party is C D Meek & P Turner.

This was by virtue of their 100% holding of the issued share capital.