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REGISTERED NUMBER: 08839547 (England and Wales)














ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

VIRAIL LTD

VIRAIL LTD (REGISTERED NUMBER: 08839547)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


VIRAIL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Ms Patricia Ann Petrou AICB CB.Cert PM
Mr Dario Guarascio





REGISTERED OFFICE: C/o Michael Filiou Ltd
81 High Street
Potters Bar
Hertfordshire
EN6 5AS





REGISTERED NUMBER: 08839547 (England and Wales)





ACCOUNTANTS: Michael Filiou Ltd
Chartered Certified Accountants
www.michaelfiliou.com
Salisbury House
81 High Street
Potters Bar
Hertfordshire
EN6 5AS

VIRAIL LTD (REGISTERED NUMBER: 08839547)

ABRIDGED STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2024

2024 2023
Notes €    €    €    €   
FIXED ASSETS
Investments 5 25,000 25,000

CURRENT ASSETS
Debtors 33,040 38,440
Cash at bank and in hand 2,009 3,469
35,049 41,909
CREDITORS
Amounts falling due within one year 3,130 3,731
NET CURRENT ASSETS 31,919 38,178
TOTAL ASSETS LESS CURRENT
LIABILITIES

56,919

63,178

CAPITAL AND RESERVES
Called up share capital 6 1,000 1,000
Retained earnings 55,919 62,178
SHAREHOLDERS' FUNDS 56,919 63,178

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.

VIRAIL LTD (REGISTERED NUMBER: 08839547)

ABRIDGED STATEMENT OF FINANCIAL POSITION - 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 4 August 2025 and were signed on its behalf by:





Mr Dario Guarascio - Director


VIRAIL LTD (REGISTERED NUMBER: 08839547)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

Virail 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.

The presentation currency of the financial statements is the Euro (€).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Virail Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 have been enacted or substantively enacted by the statement of financial position date.

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

4. EMPLOYEES AND DIRECTORS

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

VIRAIL LTD (REGISTERED NUMBER: 08839547)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
€   
COST
At 1 January 2024
and 31 December 2024 25,000
NET BOOK VALUE
At 31 December 2024 25,000
At 31 December 2023 25,000

The company's investments at the Statement of Financial Position date in the share capital of companies include the following:

Virail GmbH
Registered office: Winsstrabe 15, 10405 Berlin, Germany
Nature of business: Developing websites and sale of software
%
Class of shares: holding
Ordinary 100.00

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: €    €   
1,000 Ordinary €1 1,000 1,000

7. ULTIMATE CONTROLLING PARTY

The company does not have one single ultimate controlling party.