2024-05-012025-04-302025-04-30false14786973VIRTUS PROJECT SERVICES 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VIRTUS PROJECT SERVICES LTD

Registered Number
14786973
(England and Wales)

Unaudited Financial Statements for the Year ended
30 April 2025

VIRTUS PROJECT SERVICES LTD
Company Information
for the year from 1 May 2024 to 30 April 2025

Director

MCEVILLY, Joseph Richard

Registered Address

Office 105 The Bridgewater Complex
Bootle
Liverpool
L20 8AH

Registered Number

14786973 (England and Wales)
VIRTUS PROJECT SERVICES LTD
Balance Sheet as at
30 April 2025

Notes

2025

2024

£

£

£

£

Current assets
Debtors7,08983,777
Cash at bank and on hand255,570105,207
262,659188,984
Creditors amounts falling due within one year(124,054)(135,143)
Net current assets (liabilities)138,60553,841
Total assets less current liabilities138,60553,841
Net assets138,60553,841
Capital and reserves
Called up share capital11
Profit and loss account138,60453,840
Shareholders' funds138,60553,841
The financial statements were approved and authorised for issue by the Director on 13 May 2025, and are signed on its behalf by:
MCEVILLY, Joseph Richard
Director
Registered Company No. 14786973
VIRTUS PROJECT SERVICES LTD
Notes to the Financial Statements
for the year ended 30 April 2025

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2.Average number of employees

20252024
Average number of employees during the year21
3.Related party transactions
As at the year end the company owed the Director a total of £3,595 (2024 - £22,951) which is repayable on demand and interest free.