Registered number
04996795
Vyver Limited
Filleted Accounts
31 December 2024
Vyver Limited
Registered number: 04996795
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 721,096 865,137
Tangible assets 4 474,496 653,748
1,195,592 1,518,885
Current assets
Debtors 5 1,023,997 595,719
Investments held as current assets 6 164,862 164,862
Cash at bank and in hand 804,161 767,817
1,993,020 1,528,398
Creditors: amounts falling due within one year 7 (1,007,815) (929,176)
Net current assets 985,205 599,222
Total assets less current liabilities 2,180,797 2,118,107
Creditors: amounts falling due after more than one year 8 (170,243) (226,586)
Net assets 2,010,554 1,891,521
Capital and reserves
Called up share capital 100 100
Profit and loss account 2,010,454 1,891,421
Shareholder's funds 2,010,554 1,891,521
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.
M Van De Vyver
Director
Approved by the board on 1 October 2025
Vyver Limited
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 4 years
Motor vehicles over 4 years
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
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. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated 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.
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.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 27 25
3 Intangible fixed assets £
Goodwill:
Cost
At 1 January 2024 1,141,339
Adjusted consideration (33,230)
At 31 December 2024 1,108,109
Amortisation
At 1 January 2024 276,202
Provided during the year 110,811
At 31 December 2024 387,013
Net book value
At 31 December 2024 721,096
At 31 December 2023 865,137
Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.
4 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 January 2024 787,581 551,124 1,338,705
Additions 16,118 20,665 36,783
Disposals (313,474) (77,144) (390,618)
At 31 December 2024 490,225 494,645 984,870
Depreciation
At 1 January 2024 422,651 262,306 684,957
Charge for the year 122,383 93,652 216,035
On disposals (313,474) (77,144) (390,618)
At 31 December 2024 231,560 278,814 510,374
Net book value
At 31 December 2024 258,665 215,831 474,496
At 31 December 2023 364,930 288,818 653,748
5 Debtors 2024 2023
£ £
Trade debtors 282,238 233,417
Prepayments 34,739 18,910
Director's loan 407,000 -
Other debtors 300,020 343,392
1,023,997 595,719
Amounts due after more than one year included above 14,740 19,500
6 Investments held as current assets 2024 2023
£ £
Fair value
Unlisted investments 164,862 164,862
7 Creditors: amounts falling due within one year 2024 2023
£ £
Obligations under finance lease and hire purchase contracts 82,595 87,295
Trade creditors 71,248 120,105
Taxation and social security costs 373,113 228,472
Deferred consideration - 60,000
Deferred income 430,758 392,842
Other creditors 50,101 40,462
1,007,815 929,176
8 Creditors: amounts falling due after one year 2024 2023
£ £
Obligations under finance lease and hire purchase contracts 170,243 226,586
9 Events after the reporting date
There are no post balance sheet events to report.
10 Related party transactions
As at 31 December 2024 the director M Van De Vyver owed £407,000 (2023 - £0) to the company. This is shown in debtors. This loan was repaid in full by February 2025.

Lillie Bridge Limited is a company in which the director holds 100% interest. At the year end Lillie Bridge Limited owed £104,412 (2023 - £134,803) to the company and this is included in other debtors.

Ryderson LLP is an entity in which the director holds a 50% interest. At the year end, Ryderson LLP owed £163,219 (2023 - £171,238) to the company and this is included in other debtors.

SWL Property Group Ltd is the holding company of Vyver Ltd and in which the director M Van De Vyver holds 100% interest. At the year end SWL Property Group Ltd owed £9,000 (2023 - £9,000) to the company and this is included in other debtors.

No interest is charged on these loans and there is no set repayment date.
11 Controlling party
The company is controlled by SWL Property Group Ltd.

This is a company in which the director M Van De Vyver is the sole director and 100% shareholder.
12 Other information
Vyver Limited is a private company limited by shares and incorporated in England. Its registered office is:
Suite 1 Old Court Mews
311 Chase Road
London
N14 6JS
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