REGISTERED NUMBER: 08246684 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2025

FOR

VIRTUALLY HEALTH SYSTEMS LTD.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Dr M M Koya

SECRETARIES:

Dr M M Koya

Ms A Hudson

REGISTERED OFFICE:

Northern Health Centre

580 Holloway Road,

London

N7 6LB

REGISTERED NUMBER:

08246684 (England and Wales)

FIXED ASSETS

Intangible assets

4

1

1

Tangible assets

5

548

1

549

2

CURRENT ASSETS

Debtors

6

221,010

217,932

Cash at bank and in hand

152,632

8,213

373,642

226,145

CREDITORS

Amounts falling due within one year

7

69,064

55,611

NET CURRENT ASSETS

304,578

170,534

TOTAL ASSETS LESS CURRENT LIABILITIES

305,127

170,536

CREDITORS

Amounts falling due after more than one year

8

-

5,000

NET ASSETS

305,127

165,536

CAPITAL AND RESERVES

Called up share capital

10

2,700

2,700

Retained earnings

302,427

162,836

SHAREHOLDERS' FUNDS

305,127

165,536

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

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

The director acknowledges his 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 director and authorised for issue on 15th January 2026 and were signed by:

Dr M M Koya - Director

1.	STATUTORY INFORMATION

Virtually Health Systems Ltd. is a private company, limited by shares , registered in England and Wales. 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Web site costs are being amortised evenly over their estimated useful life of one years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - NIL ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1st November 2024

and 31st October 2025

19,323

AMORTISATION

At 1st November 2024

and 31st October 2025

19,322

NET BOOK VALUE

At 31st October 2025

1

At 31st October 2024

1

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st November 2024

2,046

Additions

820

At 31st October 2025

2,866

DEPRECIATION

At 1st November 2024

2,045

Charge for year

273

At 31st October 2025

2,318

NET BOOK VALUE

At 31st October 2025

548

At 31st October 2024

1

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

212,000

212,000

Other debtors

9,010

5,932

221,010

217,932

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,000

6,000

Taxation and social security

45,180

30,227

Other creditors

18,884

19,384

69,064

55,611

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

5,000

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

5,000

11,000

The bank loan is secured by the UK Government under the Bounce Back Loan Scheme.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

9,000

Ordinary

.3

2,700

2,700

11.	RELATED PARTY DISCLOSURES

Archway Medical Centre a partnership (the "Partnership") in which Dr M M Koya, the sole Director, is also a partner, has provided a limited guarantee of £400,000 to Care Quality Commission on behalf of the Company.

During the year the partnership provided a grant of £469,000 and as at the year-end, an amount of £212,000 was due from the Partnership.

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Dr M M Koya.