Voltrig Inc Ltd - Filleted accounts

Registered number

11243059

Voltrig Inc Ltd

Filleted Accounts

31 March 2025

Voltrig Inc Ltd
Registered number:		11243059
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		2,376			2,587
Investments	4		23,202			23,757
			25,578			26,344

Current assets
Debtors	5	768,782			551,732
Cash at bank and in hand		192,472			404,675
		961,254			956,407

Creditors: amounts falling due within one year	6	(671,862)			(688,468)

Net current assets			289,392			267,939

Total assets less current liabilities			314,970			294,283

Creditors: amounts falling due after more than one year	7		(921)			(10,201)



Net assets			314,049			284,082

Capital and reserves
Called up share capital			100			100
Profit and loss account			313,949			283,982

Shareholder's funds			314,049			284,082

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
The company has 3 outstanding charges as at 31 March 2024 with Barclays Security Trustee Limited.



Omer Khalifa Dugha
Director
Approved by the board on 23 December 2025

Voltrig Inc Ltd
Notes to the Accounts
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
	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.

	Tangible fixed assets
	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:

	Plant and machinery	20% reducing balance

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	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.

	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.

	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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		1		2


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 April 2024				5,321
	Additions				383
	At 31 March 2025				5,704

	Depreciation
	At 1 April 2024				2,734
	Charge for the year				594
	At 31 March 2025				3,328

	Net book value
	At 31 March 2025				2,376
	At 31 March 2024				2,587


4	Investments

Other
investments
£
	Cost
	At 1 April 2024				23,757
	Revaluation				(555)

	At 31 March 2025				23,202


5	Debtors		2025		2024
£				£

	Trade debtors		733,536		481,820
	Other debtors		35,246		69,912
			768,782		551,732


6	Creditors: amounts falling due within one year		2025		2024
£				£

	Bank loans and overdrafts		10,427		25,957
	Trade creditors		-		16,440
	Taxation and social security costs		81,615		96,954
	Other creditors		579,820		549,117
			671,862		688,468


7	Creditors: amounts falling due after one year		2025		2024
£				£

	Bank loans		921		10,201


8	Controlling party

	The ultimate controlling party is Omer Dugha, who owns 100% of the shareholding in the company.


9	Other information

	Voltrig Inc Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	71-75 Shelton Street
	Covent Garden
	London
	WC2H 9JQ