| VCHRIS LIMITED |
| Directors' Report for the Year Ended 30 April 2025 |
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| The directors present their report and the financial statements for the year ended 30 April 2025. |
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| Directors of the company |
| The directors who held office during the year were as follows: |
| Mr Victor Cole - Company secretary and director |
| Mrs Ayomide Cole |
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| Principal activity |
| The principal activity of the company is to provide media based relations and IT consultancy services in the UK, Europe, Middle East and Africa. |
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| Small companies provision statement |
| This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. |
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| Approved and authorised by the Board on 10 January 2026 and signed on its behalf by: |
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Mr Victor Cole |
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Company secretary and director |
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VCHRIS LIMITED |
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Balance Sheet as at 30 April 2025 |
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2025 |
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2024 |
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£ |
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£ |
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Note |
| Current Assets |
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Debtors |
5 |
0 |
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0 |
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Cash at bank and in hand |
399 |
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1798 |
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399 |
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1,798 |
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| Creditors |
Amount falling due in 1yr |
6 |
( 10,916) |
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( 11,132) |
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| Net Liabilities |
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( 10,517) |
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( 9,334) |
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| Capital and reserves |
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Called up share capital |
7 |
100 |
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100 |
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Retained earnings |
( 10,617) |
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( 9,434) |
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Shareholders' deficit |
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| Total funds |
( 10,517) |
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( 9,334) |
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| For the financial year ending 30 April 2025, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. |
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| Directors' 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; and |
| • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
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| These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. |
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| Approved and authorised by the Board on 10 January 2026 and signed on its behalf by: |
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Mr. Victor Cole |
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Company secretary and director |
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The notes on pages 6 to 10 form an integral part of these financial statement |
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| VCHRIS LIMITED |
| Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025 |
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| General information |
| The company is a private company limited by share capital, incorporated in England & Wales. |
| The address of its registered office is: |
| Tylers |
| 38a Sherfield Ave |
| Rickmansworth |
| WD3 1NL |
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| These financial statements were authorised for issue by the Board on 10 January 2026. |
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| Accounting policies |
| Summary of significant accounting policies and key accounting estimates |
| The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. |
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| Statement of compliance |
| These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' |
| and the Companies Act 2006 (as applicable to companies subject to the small companies' regime). |
| Basis of preparation |
| These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. |
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| Revenue recognition |
| Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax and discounts. |
| The company recognises revenue when: |
| The amount of revenue can be reliably measured; |
| it is probable that future economic benefits will flow to the entity; |
| and specific criteria have been met for each of the company's activities. |
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| Foreign currency transactions and balances |
| Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. |
| Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. |
| Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured. |
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| Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated. |
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| Tax |
| The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income. |
| The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income. |
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| VCHRIS LIMITED |
| Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025 |
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| The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income. |
| Tangible assets |
| Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. |
| The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. |
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| Depreciation |
| Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows: |
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| Asset class Depreciation method and rate |
| Fixtures, Fittings and Equipment 20% Straight Line |
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| Cash and cash equivalents |
| Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. |
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| Trade debtors |
| Trade debtors are amounts due from customers for services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at cost less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables. |
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| Trade creditors |
| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised and measured at the transaction price. |
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| Share capital |
| Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. |
| 3/. Employees |
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The average number of employees by the company (including directors) during the year, was:
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VCHRIS LIMITED |
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Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025 |
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| 4/. Tangible assets |
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Furniture, fittings |
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and equipment |
Total |
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£ |
£ |
| Cost or valuation |
46,203 |
46,203 |
| At 30 May 2023 |
46,203 |
46,203 |
| At 30 April 2024 |
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| Depreciation |
| At 1 May 2023 |
46,203 |
46,203 |
| At 30 April 2024 |
46,203 |
46,203 |
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| Carrying amount |
- |
- |
| At 30 April 2024 - - |
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| 5/. Debtors |
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2025 |
2024 |
| Current |
£ |
£ |
| Other debtors |
- |
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121 |
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| 6/. Creditors |
| Creditors: amounts falling due within one year |
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2025 |
2024 |
| Due within one year |
£ |
£ |
| Taxation and social security |
949 |
949 |
| Accruals and deferred income |
1368 |
1800 |
| Other creditors |
8599 |
8383 |
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10,916 |
11,132 |
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| 7/. Share capital |
| Allotted, called up and fully paid shares |
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2025 |
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2024 |
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No. |
£ |
No. |
£ |
| Ordinary shares of £1 each |
100 |
100 |
100 |
100 |
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| 8/. Dividends |
2025 |
2024 |
| Final dividends paid |
£ |
£ |
| Final dividend of £Nil per each Ordinary Share |
-- |
-- |
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| 9/. Related party transactions |
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| Directors Renumeration for the year was as follows |
2025 |
2024 |
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£ |
£ |
| Renumeration |
0 |
0 |