Modvic Group of Companies Ltd

Modvic Group of Companies Ltd
Contents Page
For the year ended 31 March 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

Modvic Group of Companies Ltd Accountants' Report For the year ended 31 March 2025
In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the accounts of Modvic Group of Companies Ltd for the year ended 31 March 2025 which comprise the Statement of Comprehensive Income, the Statement of Financial Position, the Statement of Changes in Equity, the Statement of Cash Flows and related notes from the company's accounting records and from information and explanations you have given us. As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com. This report is made solely to the member of Modvic Group of Companies Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Modvic Group of Companies Ltd and state those matters that we have agreed to state to the Board of Modvic Group of Companies Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants and as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Modvic Group of Companies Ltd and its members as a body for our work or for this report. It is your duty to ensure that Modvic Group of Companies Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and Profit of Modvic Group of Companies Ltd. You consider that Modvic Group of Companies Ltd is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Modvic Group of Companies Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts. .................................................... ROSAM INVESTMENTS LTD 2 Fairfield Drive Broxbourne. Hertfordshire EN10 6DX 07 November 2025 1

Modvic Group of Companies Ltd
Accountants' Report
For the year ended 31 March 2025

In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the accounts of Modvic Group of Companies Ltd for the year ended 31 March 2025 which comprise the Statement of Comprehensive Income, the Statement of Financial Position, the Statement of Changes in Equity, the Statement of Cash Flows and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the member of Modvic Group of Companies Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Modvic Group of Companies Ltd and state those matters that we have agreed to state to the Board of Modvic Group of Companies Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants and as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Modvic Group of Companies Ltd and its members as a body for our work or for this report.

It is your duty to ensure that Modvic Group of Companies Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and Profit of Modvic Group of Companies Ltd. You consider that Modvic Group of Companies Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Modvic Group of Companies Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

....................................................

ROSAM INVESTMENTS LTD
2 Fairfield Drive
Broxbourne.
Hertfordshire
EN10 6DX
07 November 2025

1

Modvic Group of Companies Ltd
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	83,824	12,985
		83,824	12,985
Current assets
Cash at bank and in hand		154,669	182,444
Creditors: amount falling due within one year		(6,383)	(8,241)
Net current assets		148,286	174,203

Total assets less current liabilities		232,110	187,188
Creditors: amount falling due after more than one year		(20,071)	(21,215)
Net assets		212,039	165,973

Capital and reserves
Called up share capital	4	10,000	10,000
Profit and loss account		202,039	155,973
Shareholders' funds		212,039	165,973

For the year ended 31 March 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 year 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 07 November 2025 and were signed by:

-------------------------------
Idris A. ADETAYO
Director

2

Modvic Group of Companies Ltd
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

Modvic Group of Companies Ltd is a private company, limited by shares, registered in England and Wales, registration number 07585276, registration address 19 TALLOW CLOSE, DAGENHAM, ESSEX, RM9 6EF.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – 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.

Turnover

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

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:

Plant and Machinery	25 Straight Line
Motor Vehicles	18 Reducing Balance

2.	Average number of employees Average number of employees during the year was 3 (2024 : 3).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
At 01 April 2024	3,782	48,212	3,559	55,553
Additions	-	73,225	-	73,225
Disposals	-	-	-	-
At 31 March 2025	3,782	121,437	3,559	128,778
Depreciation
At 01 April 2024	3,572	35,594	3,402	42,568
Charge for year	52	2,271	63	2,386
On disposals	-	-	-	-
At 31 March 2025	3,624	37,865	3,465	44,954
Net book values
Closing balance as at 31 March 2025	158	83,572	94	83,824
Opening balance as at 01 April 2024	210	12,618	157	12,985

4.

Share Capital

Authorised
5,000 Class A shares of £2.00 each

Allotted, called up and fully paid	2025 £		2024 £
5,000 Class A shares of £2.00 each	10,000		10,000
	10,000		10,000

3

Registered Number: 07585276
England and Wales
MODVIC GROUP OF COMPANIES LTD

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025