Viralwave Ltd - Accounts

Viralwave Ltd
Statement of Financial Position
As at 28 February 2025

	2025
	£	£
Fixed assets		3,452
Current assets	7,744
Creditors: amount falling due within one year	(3,011)
Net current assets		4,733
Total assets less current liabilities		8,185
Net assets		8,185


Capital and reserves		8,185

NOTES TO THE ACCOUNTS

General Information

Viralwave Ltd is a private company, limited by shares, registered in England and Wales, registration number 15535841, registration address 20 Wenlock Road, London, N1 7GU.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Website cost

Planning and operating costs for the company's website are charged to the income statement as incurred.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

3 years Straight Line

Tangible fixed assets

Cost or valuation	Computer Equipment	Total
	£	£
At 02 March 2024	-	-
Additions	1,251	1,251
Disposals	-	-
At 28 February 2025	1,251	1,251
Depreciation
At 02 March 2024	-	-
Charge for period	417	417
On disposals	-	-
At 28 February 2025	417	417
Net book values
Closing balance as at 28 February 2025	834	834
Opening balance as at 02 March 2024	-	-

3.	Average number of employees Average number of employees during the period was 0.

For the period ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:
The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.

The financial statements were approved by the director on 25 September 2025 and were signed by:

--------------------------------
Tomasz Piatkowski
Director

Registered Number: 15535841
England and Wales
VIRALWAVE LTD

Abridged Accounts

Period of accounts Start date: 02 March 2024 End date: 28 February 2025