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Company Registration No. 10389548 (England and Wales)
Viking Road Runners Limited Unaudited accounts for the period from 29 February 2024 to 28 February 2025
Viking Road Runners Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Viking Road Runners Limited Company Information for the period from 29 February 2024 to 28 February 2025
Director
William Albert Ballantyne
Secretary
Paul Graham Keeping
Company Number
10389548 (England and Wales)
Registered Office
63 FOUNDRY LANE SHIRLEY SOUTHAMPTON SO15 3FX United Kingdom
Accountants
TBT Accountancy Ltd Kingfisher House Rownhams Lane North Baddesley Southampton Hampshire SO52 9LP
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Viking Road Runners Limited Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1
1,804
Current assets
Debtors
5
53,768
53,009
Cash at bank and in hand
6,734
-
60,502
53,009
Creditors: amounts falling due within one year
6
(108,123)
(81,320)
Net current liabilities
(47,621)
(28,311)
Total assets less current liabilities
(47,620)
(26,507)
Creditors: amounts falling due after more than one year
7
(1,171)
(6,171)
Provisions for liabilities
Deferred tax
(58)
(343)
Net liabilities
(48,849)
(33,021)
Capital and reserves
Called up share capital
1
1
Profit and loss account
(48,850)
(33,022)
Shareholders' funds
(48,849)
(33,021)
For the period ending 28 February 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 14 November 2025 and were signed on its behalf by
William Albert Ballantyne Director Company Registration No. 10389548
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Viking Road Runners Limited Notes to the Accounts for the period from 29 February 2024 to 28 February 2025
1
Statutory information
Viking Road Runners Limited is a private company, limited by shares, registered in England and Wales, registration number 10389548. The registered office is 63 FOUNDRY LANE, SHIRLEY, SOUTHAMPTON, SO15 3FX, 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 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Motor vehicles
25% Straight Line
Computer equipment
25% Straight Line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Viking Road Runners Limited Notes to the Accounts for the period from 29 February 2024 to 28 February 2025
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 29 February 2024
21,595
1,228
22,823
At 28 February 2025
21,595
1,228
22,823
Depreciation
At 29 February 2024
19,791
1,228
21,019
Charge for the period
1,803
-
1,803
At 28 February 2025
21,594
1,228
22,822
Net book value
At 28 February 2025
1
-
1
At 28 February 2024
1,804
-
1,804
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
8,420
12,762
Other debtors
45,348
40,247
53,768
53,009
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
5,000
18,184
VAT
97,012
50,631
Obligations under finance leases and hire purchase contracts
1,851
4,759
Trade creditors
-
5,487
Taxes and social security
3,933
1,932
Accruals
327
327
108,123
81,320
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
1,171
6,171
8
Average number of employees
During the period the average number of employees was 1 (2024: 1).
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