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REGISTERED NUMBER: 12809800 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Vivat Publishing Ltd

Vivat Publishing Ltd (Registered number: 12809800)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Vivat Publishing Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Z Glibbery
P Gregory





SECRETARY: Z Glibbery





REGISTERED OFFICE: The Byre
Hartside
Durham
Co Durham
DH1 5RJ





REGISTERED NUMBER: 12809800 (England and Wales)





ACCOUNTANTS: Clive Owen LLP
Chartered Accountants
140 Coniscliffe Road
DARLINGTON
Co Durham
DL3 7RT

Vivat Publishing Ltd (Registered number: 12809800)

Balance Sheet
31 December 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 4,430 6,218

CURRENT ASSETS
Debtors 5 103,357 98,394
Cash at bank 2,522,062 1,646,507
2,625,419 1,744,901
CREDITORS
Amounts falling due within one year 6 (736,870 ) (202,775 )
NET CURRENT ASSETS 1,888,549 1,542,126
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,892,979

1,548,344

PROVISIONS FOR LIABILITIES 7 (1,108 ) (1,555 )
NET ASSETS 1,891,871 1,546,789

CAPITAL AND RESERVES
Called up share capital 8 20 20
Retained earnings 1,891,851 1,546,769
SHAREHOLDERS' FUNDS 1,891,871 1,546,789

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Vivat Publishing Ltd (Registered number: 12809800)

Balance Sheet - continued
31 December 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 May 2025 and were signed on its behalf by:





P Gregory - Director


Vivat Publishing Ltd (Registered number: 12809800)

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

1. STATUTORY INFORMATION

Vivat Publishing Ltd 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 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.

There were no material departures from that standard.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts

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

Income recognition

New book income is recognised when the company has fulfilled its contractual obligations to ensure manuscript delivery and acceptance, and thereafter as payments are received.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Financial instruments
Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.


Vivat Publishing Ltd (Registered number: 12809800)

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

2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

The company hedges against foreign currency exchange rate movement through the use of forward exchange contracts. The fair value of any open contracts are assessed at the end of the period and differences to contract price are recognised through the profit and loss account

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 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 January 2024
and 31 December 2024 5,587 3,353 8,940
DEPRECIATION
At 1 January 2024 822 1,900 2,722
Charge for year 1,117 671 1,788
At 31 December 2024 1,939 2,571 4,510
NET BOOK VALUE
At 31 December 2024 3,648 782 4,430
At 31 December 2023 4,765 1,453 6,218

Vivat Publishing Ltd (Registered number: 12809800)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 2,552
Other debtors 11,289 9,300
Owed from associated companies 44,047 44,765
Directors' current accounts 217 37,093
Prepayments and accrued income 47,804 4,684
103,357 98,394

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 110,541 191,575
Accruals and deferred income 626,329 11,200
736,870 202,775

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 1,108 1,555

Deferred
tax
£   
Balance at 1 January 2024 1,555
Provided during year (447 )
Accelerated capital allowance
Balance at 31 December 2024 1,108

8. CALLED UP SHARE CAPITAL

Allotted Issued and fully paid Nominal 2024 2023
Number: Class: Value: £ £
1100 Ordinary £0.01 each 11 11
200 Ordinary A £0.01 each 2 2
200 Ordinary B £0.01 each 2 2
200 Ordinary C £0.01 each 2 2
200 Ordinary D £0.01 each 2 2
100 Ordinary E £0.01 each 1 1
20 20

The above shares all have the following prescribed particulars:

All rights attached, each share is entitled to one vote in any circumstances, is entitled to dividend payments or any other distribution and is entitled to participate in a distribution arising from a winding up of the company.

Vivat Publishing Ltd (Registered number: 12809800)

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

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 December 2023 and the year ended 31 December 2024.

20242023
££
Director - P Gregory
Balance outstanding at start of year37,093740,172
Amounts advanced11,84215,266
Amounts repaid(48,719)(718,345)
Amounts written off--
Amounts waived--
Balance outstanding at the end of year21737,093