1 February 2024 false No description of principal activity Taxfiler 2024.6 13828076business:PrivateLimitedCompanyLtd2024-02-012025-01-31 138280762024-01-31 138280762024-02-012025-01-31 13828076business:AuditExempt-NoAccountantsReport2024-02-012025-01-31 13828076business:FilletedAccounts2024-02-012025-01-31 138280762025-01-31 138280762024-01-31 13828076core:WithinOneYear2025-01-31 13828076core:WithinOneYear2024-01-31 13828076core:ShareCapitalcore:PreviouslyStatedAmount2025-01-31 13828076core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 13828076core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-01-31 13828076core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 13828076core:PreviouslyStatedAmount2025-01-31 13828076core:PreviouslyStatedAmount2024-01-31 13828076business:SmallEntities2024-02-012025-01-31 13828076business:Director12024-02-012025-01-31 13828076countries:EnglandWales2024-02-012025-01-31 13828076business:RegisteredOffice2024-02-012025-01-31 13828076core:ComputerEquipment2024-02-012025-01-31 13828076core:ComputerEquipment2024-01-31 13828076core:ComputerEquipment2025-01-31 138280762023-02-012024-01-31 iso4217:GBP xbrli:pure
Company Registration No. 13828076 (England and Wales)
1st Visa International Limited Unaudited accounts for the year ended 31 January 2025
1st Visa International Limited Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
- 2 -
1st Visa International Limited Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
353 
707 
Investments
5
100,000 
100,000 
100,353 
100,707 
Current assets
Debtors
6
4,000 
- 
Cash at bank and in hand
19,332 
112,821 
23,332 
112,821 
Creditors: amounts falling due within one year
7
(17,202)
(27,640)
Net current assets
6,130 
85,181 
Net assets
106,483 
185,888 
Capital and reserves
Called up share capital
240,000 
240,000 
Profit and loss account
(133,517)
(54,112)
Shareholders' funds
106,483 
185,888 
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 September 2025 and were signed on its behalf by
Sung OK Kim Director Company Registration No. 13828076
- 3 -
1st Visa International Limited Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
1st Visa International Limited is a private company, limited by shares, registered in England and Wales, registration number 13828076. The registered office is 30-33 Minories, 8th Floor, St Clare House, London, EC3N 1DD, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 February 2024
1,061 
At 31 January 2025
1,061 
Depreciation
At 1 February 2024
354 
Charge for the year
354 
At 31 January 2025
708 
Net book value
At 31 January 2025
353 
At 31 January 2024
707 
5
Investments
Other investments 
£ 
Valuation at 1 February 2024
100,000 
Valuation at 31 January 2025
100,000 
- 4 -
1st Visa International Limited Notes to the Accounts for the year ended 31 January 2025
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
4,000 
- 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
3,439 
- 
Taxes and social security
1,585 
4,952 
Other creditors
12,178 
16,688 
Accruals
- 
6,000 
17,202 
27,640 
8
Average number of employees
During the year the average number of employees was 4 (2024: 4).
- 5 -