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REGISTERED NUMBER: SC537294 (Scotland)















Unaudited Financial Statements for the Year Ended 30 June 2025

for

Viswanathan Ltd

Viswanathan Ltd (Registered number: SC537294)






Contents of the Financial Statements
for the Year Ended 30 June 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Viswanathan Ltd

Company Information
for the Year Ended 30 June 2025







DIRECTORS: Dr S Viswanathan
Mrs Alexis A Viswanathan





REGISTERED OFFICE: 58b Cleveden Drive
Glasgow
G12 0NX





REGISTERED NUMBER: SC537294 (Scotland)





ACCOUNTANTS: Stevenson & Kyles
Chartered Accountants
25 Sandyford Place
Glasgow
G3 7NG

Viswanathan Ltd (Registered number: SC537294)

Balance Sheet
30 June 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,479 7,149
Investments 5 67,046 -
71,525 7,149

CURRENT ASSETS
Debtors 6 43,359 26,425
Cash at bank 30,950 99,329
74,309 125,754
CREDITORS
Amounts falling due within one year 7 10,788 8,030
NET CURRENT ASSETS 63,521 117,724
TOTAL ASSETS LESS CURRENT
LIABILITIES

135,046

124,873

PROVISIONS FOR LIABILITIES 8 851 1,358
NET ASSETS 134,195 123,515

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 134,095 123,415
SHAREHOLDERS' FUNDS 134,195 123,515

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 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.

Viswanathan Ltd (Registered number: SC537294)

Balance Sheet - continued
30 June 2025


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 11 August 2025 and were signed on its behalf by:





Dr S Viswanathan - Director


Viswanathan Ltd (Registered number: SC537294)

Notes to the Financial Statements
for the Year Ended 30 June 2025

1. STATUTORY INFORMATION

Viswanathan 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fittings and equipment - 25% on cost

Financial instruments
Basic financial instruments, including debtors and creditors with no stated interest rate and receivable or payable within one year, are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.

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.

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.

Viswanathan Ltd (Registered number: SC537294)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2025

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Grant income
Where applicable, grants from the government are recognised at their fair value where there is a reasonable assurance that the grant will be received and that the company will comply with all attached conditions. Where the grant income relates to a particular expense item, the grant income is recognised in the profit and loss account over the same period as the expense it is intended to compensate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fittings
and Computer
equipment equipment Totals
£    £    £   
COST
At 1 July 2024 21,175 1,608 22,783
Additions - 2,398 2,398
At 30 June 2025 21,175 4,006 25,181
DEPRECIATION
At 1 July 2024 14,026 1,608 15,634
Charge for year 4,268 800 5,068
At 30 June 2025 18,294 2,408 20,702
NET BOOK VALUE
At 30 June 2025 2,881 1,598 4,479
At 30 June 2024 7,149 - 7,149

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2025 2024
£    £   
Additions 67,046 -

Viswanathan Ltd (Registered number: SC537294)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 29,600 20,620
Other debtors 13,759 5,805
43,359 26,425

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 8,930 4,460
Other creditors 1,858 3,570
10,788 8,030

8. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 851 1,358

Deferred
tax
£   
Balance at 1 July 2024 1,358
Provided during year (507 )
Balance at 30 June 2025 851

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
50 A Ordinary £1 50 50
50 B Ordinary £1 50 50
100 100