VIVID HEALTHCARE SEARCH LIMITED


Directors	Jacob Jayson
	Christian Karikos


Registered Address	214 Grangewood House 43 Oakwood Hill
	Loughton
	IG10 3TZ


Registered Number	11870150 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		144,089		169,085
Tangible assets	4		7,351		14,951
			151,440		184,036
Current assets
Debtors	5	413,549		1,073,812
Cash at bank and on hand		26,291		8,847
		439,840		1,082,659
Creditors amounts falling due within one year	6	(577,574)		(1,240,102)
Net current assets (liabilities)			(137,734)		(157,443)
Total assets less current liabilities			13,706		26,593
Creditors amounts falling due after one year	7		(12,712)		(22,881)
Net assets			994		3,712
Capital and reserves
Called up share capital			100		100
Profit and loss account			894		3,612
Shareholders' funds			994		3,712

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 30 October 2025, and are signed on its behalf by:

Jacob Jayson
Director
Registered Company No. 11870150

VIVID HEALTHCARE SEARCH LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

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 policy
	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.

Turnover policy

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.

	Current 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.

Current 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.

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

	Tangible fixed assets and depreciation
	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:


		Straight line (years)
	Vehicles	4
	Office Equipment	4

	Trade and other 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.

Trade and other 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.

	Trade and other 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.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	12		23

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 April 24	175,334	175,334
At 31 March 25	175,334	175,334
Amortisation and impairment
At 01 April 24	6,249	6,249
Charge for year	24,996	24,996
At 31 March 25	31,245	31,245
Net book value
At 31 March 25	144,089	144,089
At 31 March 24	169,085	169,085

4.	Tangible fixed assets

	Vehicles	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 April 24	8,324	22,079	30,403
At 31 March 25	8,324	22,079	30,403
Depreciation and impairment
At 01 April 24	2,832	12,620	15,452
Charge for year	2,830	4,770	7,600
At 31 March 25	5,662	17,390	23,052
Net book value
At 31 March 25	2,662	4,689	7,351
At 31 March 24	5,492	9,459	14,951

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	336,619	856,614
Other debtors	65,004	217,198
Prepayments and accrued income	11,926	-
Total	413,549	1,073,812

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	7,471	84,970
Bank borrowings and overdrafts	375,926	874,803
Taxation and social security	158,683	92,113
Other creditors	35,494	188,216
Total	577,574	1,240,102

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	12,712	22,881
Total	12,712	22,881