REGISTERED NUMBER: SC667257 (Scotland)

Vienga Limited

Financial Statements For The Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Murray

S D Maycock

A E Long

A Kunze

I G Hobday

REGISTERED OFFICE:

1 Sir John's Square

Thurso

Caithness

KW14 7AN

REGISTERED NUMBER:

SC667257 (Scotland)

ACCOUNTANTS:

The Long Partnership

Chartered Accountants

Chartered Tax Advisers

1 Sir John's Square

Thurso

Caithness

KW14 7AN

CURRENT ASSETS

Debtors

4

8,063

53

Cash at bank

1,351

11,002

9,414

11,055

CREDITORS

Amounts falling due within one year

5

10,848

2,908

NET CURRENT (LIABILITIES)/ASSETS

(1,434

)

8,147

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,434

)

8,147

CAPITAL AND RESERVES

Called up share capital

6

17,640

10,500

Retained earnings

7

(19,074

)

(2,353

)

SHAREHOLDERS' FUNDS

(1,434

)

8,147

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 31 December 2025 and were signed on its behalf by:

A Murray - Director

1.	STATUTORY INFORMATION

Vienga Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

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

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 or 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

7,140

-

VAT

923

53

8,063

53

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

7,940

-

Sundry creditors

60

60

Directors' current accounts

2,848

2,848

10,848

2,908

6.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1,764,000

Share capital 1

1p

17,640

10,500

714,000 Ordinary shares of 1p each were allotted at par during the year.

On 20 May 2024, each Ordinary £1 share in the company was converted into 100 1p Ordinary shares.

On 21 May 2024, 714,000 shares were allotted between Alistair Murray (director), The Long Partnership (a company controlled by Alan Long, a director) and Augeo Consulting Limited ( a company controlled by Simon Maycock, a director, and his associate).

7.

RESERVES

Retained

earnings

£

At 1 April 2024

(2,353

)

Deficit for the year

(16,721

)

At 31 March 2025

(19,074

)

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

On 21 May 2024, the directors and associates were allotted 714,000 new Ordinary 1p Shares at par on which no call has been made for payment..

9.	ULTIMATE CONTROLLING PARTY

The company is controlled by its directors, who together beneficially own the majority of the issued Ordinary Share Capital in the company. No single director or shareholder has control.