1 January 2024 false No description of principal activity Taxfiler 2024.6 14564553business:PrivateLimitedCompanyLtd2024-01-012025-01-31 145645532023-12-31 145645532024-01-012025-01-31 14564553business:AuditExemptWithAccountantsReport2024-01-012025-01-31 14564553business:FilletedAccounts2024-01-012025-01-31 145645532025-01-31 14564553business:Director12024-01-012025-01-31 14564553business:RegisteredOffice2024-01-012025-01-31 14564553core:WithinOneYear2025-01-31 14564553core:AfterOneYear2025-01-31 14564553core:ShareCapitalcore:PreviouslyStatedAmount2025-01-31 14564553core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-01-31 14564553core:PreviouslyStatedAmount2025-01-31 14564553business:SmallEntities2024-01-012025-01-31 14564553countries:EnglandWales2024-01-012025-01-31 14564553core:LandBuildings2023-12-31 14564553core:FurnitureFittings2023-12-31 14564553core:LandBuildings2024-01-012025-01-31 14564553core:FurnitureFittings2024-01-012025-01-31 14564553core:LandBuildings2025-01-31 14564553core:FurnitureFittings2025-01-31 iso4217:GBP xbrli:pure
Company Registration No. 14564553 (England and Wales)
VIRTUOUS RETAIL LTD Unaudited accounts for the period from 1 January 2024 to 31 January 2025
VIRTUOUS RETAIL LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
VIRTUOUS RETAIL LTD Company Information for the period from 1 January 2024 to 31 January 2025
Director
Mr Janaka Krishantha Watowita
Company Number
14564553 (England and Wales)
Registered Office
119 Richborough Drive Dudley DY1 3PZ England
Accountants
RES ACCOUNTANTS 4A All Saints Road Kings Heath Birmingham West Midlands B14 7LL
- 3 -
VIRTUOUS RETAIL LTD Statement of financial position as at 31 January 2025
2025 
Notes
£ 
Fixed assets
Tangible assets
4
455,291 
Current assets
Inventories
78,542 
Cash at bank and in hand
81,245 
159,787 
Creditors: amounts falling due within one year
5
(298,677)
Net current liabilities
(138,890)
Total assets less current liabilities
316,401 
Creditors: amounts falling due after more than one year
6
(303,346)
Net assets
13,055 
Capital and reserves
Called up share capital
100 
Profit and loss account
12,955 
Shareholders' funds
13,055 
For the period 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 his 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 1 October 2025 and were signed on its behalf by
Mr Janaka Krishantha Watowita Director Company Registration No. 14564553
- 4 -
VIRTUOUS RETAIL LTD Notes to the Accounts for the period from 1 January 2024 to 31 January 2025
1
Statutory information
VIRTUOUS RETAIL LTD is a private company, limited by shares, registered in England and Wales, registration number 14564553. The registered office is 119 , Richborough Drive, Dudley, DY1 3PZ, England.
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 period, 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:
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
- 
- 
- 
Additions
450,000 
5,291 
455,291 
At 31 January 2025
450,000 
5,291 
455,291 
Depreciation
At 31 January 2025
- 
- 
- 
Net book value
At 31 January 2025
450,000 
5,291 
455,291 
5
Creditors: amounts falling due within one year
2025 
£ 
VAT
1,001 
Trade creditors
84,202 
Taxes and social security
2,914 
Loans from directors
210,560 
298,677 
- 5 -
VIRTUOUS RETAIL LTD Notes to the Accounts for the period from 1 January 2024 to 31 January 2025
6
Creditors: amounts falling due after more than one year
2025 
£ 
Bank loans
303,346 
7
Average number of employees
During the period the average number of employees was 5.
- 6 -