Alvius Ltd - Filleted accounts

Registered number

08721054

Alvius Ltd

Unaudited Filleted Accounts

31 July 2025

Alvius Ltd
Registered number:		08721054
Balance Sheet
as at 31 July 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		595,350			595,350

Current assets
Debtors	4	36,023			55,453
Cash at bank and in hand		125,954			23,238
		161,977			78,691

Creditors: amounts falling due within one year	5	(198,345)			(29,271)

Net current (liabilities)/assets			(36,368)			49,420

Net assets			558,982			644,770

Capital and reserves
Called up share capital			6			6
Share premium			1,241,008			1,241,008
Profit and loss account			(682,032)			(596,244)

Shareholders' funds			558,982			644,770

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



Mr. T J M Davenport
Director
Approved by the board on 17 September 2025

Alvius Ltd
Notes to the Accounts
for the year ended 31 July 2025


1	Accounting policies

	Basis of preparation
	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.

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less cumulative amortisation and any cumulative impairment losses.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

	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.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Research and development
	Expenditure on research and development is written off in the year in which it is incurred.


2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	5		5


3	Intangible fixed assets			£
	ATS/VMS:

	Cost
	At 1 August 2024			595,350
	At 31 July 2025			595,350

	Amortisation
	At 31 July 2025			-

	Net book value
	At 31 July 2025			595,350
	At 31 July 2024			595,350

	These are the cost of development and no amortisation is applied as the intangible asset will hold its value and is more likely to appreciate in future. When they cease to be commercially relevant, the assets will be written off.


4	Debtors	2025		2024
£			£

	Trade debtors	30,341		38,113
	Other debtors	5,682		17,340
		36,023		55,453


5	Creditors: amounts falling due within one year	2025		2024
£			£

	Trade creditors	1,050		-
	Other taxes and social security costs	19,332		24,720
	Other creditors	177,963		4,551
		198,345		29,271


6	Other information

	Alvius Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	2 Hinksey Court
	Church Way
	Botley
	Oxfordshire
	OX2 9SX