VICWAY LIMITED

Company Registration Number:
01229241 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

VICWAY LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

VICWAY LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 36,619 38,167
Investments: 4 2,123,446 2,083,749
Total fixed assets: 2,160,065 2,121,916
Current assets
Stocks: 187,800 180,827
Debtors:   333,216 279,994
Cash at bank and in hand: 943,502 1,021,406
Total current assets: 1,464,518 1,482,227
Creditors: amounts falling due within one year: 5 (198,037) (246,681)
Net current assets (liabilities): 1,266,481 1,235,546
Total assets less current liabilities: 3,426,546 3,357,462
Total net assets (liabilities): 3,426,546 3,357,462
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 3,426,446 3,357,362
Shareholders funds: 3,426,546 3,357,462

The notes form part of these financial statements

VICWAY LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

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

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 & loss account.

This report was approved by the board of directors on 30 September 2025
and signed on behalf of the board by:

Name: P R Mehta
Status: Director

The notes form part of these financial statements

VICWAY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Land and buildings - 2% on cost Plant and machinery etc - 25% on reducing balance

Valuation and information policy

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Other accounting policies

Taxation Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current and deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

VICWAY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

VICWAY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 72,014
At 31 December 2024 72,014
Depreciation
At 01 January 2024 33,847
Charge for year 1,548
At 31 December 2024 35,395
Net book value
At 31 December 2024 36,619
At 31 December 2023 38,167

VICWAY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Fixed investments

Investments £2,123,446

VICWAY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

Trade creditors - £105,843 Taxation and social security - £27,350 Other creditors - £64,844