Company registration number 05868986 (England and Wales)
VURO LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 JULY 2025
PAGES FOR FILING WITH REGISTRAR
3 Acorn Business Centre
Northarbour Road
Cosham
Portsmouth
Hampshire
PO6 3TH
VURO LIMITED
CONTENTS
Page
Company information
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 8
VURO LIMITED
COMPANY INFORMATION
- 1 -
Director
Mr. C Bush
Company number
05868986
Registered office
3 Acorn Business Centre
Northarbour Road
Cosham
Portsmouth
Hampshire
PO6 3TH
Accountants
TC Group
3 Acorn Business Centre
Northarbour Road
Cosham
Portsmouth
Hampshire
PO6 3TH
VURO LIMITED
BALANCE SHEET
AS AT
31 JULY 2025
31 July 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
14,674
16,927
Current assets
Debtors
4
22,296
22,940
Cash at bank and in hand
6,788
752
29,084
23,692
Creditors: amounts falling due within one year
5
(37,074)
(28,391)
Net current liabilities
(7,990)
(4,699)
Total assets less current liabilities
6,684
12,228
Provisions for liabilities
6
(3,668)
(4,232)
Net assets
3,016
7,996
Capital and reserves
Called up share capital
7
1
1
Profit and loss reserves
3,015
7,995
Total equity
3,016
7,996
VURO LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 JULY 2025
31 July 2025
- 3 -

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 18 February 2026
Mr. C Bush
Director
Company Registration No. 05868986
The notes on pages 4 to 8 form part of these financial statements
VURO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
- 4 -
1
Accounting policies
Company information

Vuro Limited (05868986) is a private company limited by shares incorporated in England and Wales. The registered office is 3 Acorn Business Centre, Northarbour Road, Portsmouth, England, PO6 3TH.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

At the balance sheet date the company had net current liabilities. The company is dependent on the support of its director, who ha true s confirmed he will continue to provide such support. Therefore the director feel s it appropriate to prepare the financial statement on the going concern basis.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery
25% reducing balance
Computer equipment
25% reducing balance
Motor vehicles
20% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

VURO LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
1
Accounting policies
(Continued)
- 5 -
1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.6
Cash and cash equivalents

Cash at bank and in hand are basic financial assets and include cash in hand.

1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

VURO LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
1
Accounting policies
(Continued)
- 6 -
1.9
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
VURO LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
- 7 -
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 August 2024
31,496
Additions
1,657
At 31 July 2025
33,153
Depreciation and impairment
At 1 August 2024
14,567
Depreciation charged in the year
3,912
At 31 July 2025
18,479
Carrying amount
At 31 July 2025
14,674
At 31 July 2024
16,927
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
21,362
21,786
Other debtors
934
1,154
22,296
22,940
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
346
580
Taxation and social security
23,838
21,394
Other creditors
12,890
6,417
37,074
28,391
VURO LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
- 8 -
6
Provisions for liabilities
2025
2024
£
£
Deferred tax liabilities
3,668
4,232
7
Called up share capital
2025
2024
£
£
Ordinary share capital
Issued and fully paid
50 Ordinary A shares of 1p each
1
1
50 Ordinary B shares of 1p each
1
1
1
1
2025-07-31 2024-08-01 false false false CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr. C Bush 05868986 2024-08-01 2025-07-31 05868986 bus:Director1 2024-08-01 2025-07-31 05868986 bus:RegisteredOffice 2024-08-01 2025-07-31 05868986 2025-07-31 05868986 2024-07-31 05868986 core:OtherPropertyPlantEquipment 2025-07-31 05868986 core:OtherPropertyPlantEquipment 2024-07-31 05868986 core:CurrentFinancialInstruments core:WithinOneYear 2025-07-31 05868986 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 05868986 core:CurrentFinancialInstruments 2025-07-31 05868986 core:CurrentFinancialInstruments 2024-07-31 05868986 core:ShareCapital 2025-07-31 05868986 core:ShareCapital 2024-07-31 05868986 core:RetainedEarningsAccumulatedLosses 2025-07-31 05868986 core:RetainedEarningsAccumulatedLosses 2024-07-31 05868986 core:ShareCapitalOrdinaryShareClass2 2025-07-31 05868986 core:ShareCapitalOrdinaryShareClass2 2024-07-31 05868986 core:ShareCapitalOrdinaryShares 2025-07-31 05868986 core:ShareCapitalOrdinaryShares 2024-07-31 05868986 core:PlantMachinery 2024-08-01 2025-07-31 05868986 core:ComputerEquipment 2024-08-01 2025-07-31 05868986 core:MotorVehicles 2024-08-01 2025-07-31 05868986 2023-08-01 2024-07-31 05868986 core:OtherPropertyPlantEquipment 2024-07-31 05868986 core:OtherPropertyPlantEquipment 2024-08-01 2025-07-31 05868986 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 05868986 bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 05868986 bus:FRS102 2024-08-01 2025-07-31 05868986 bus:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 05868986 bus:FullAccounts 2024-08-01 2025-07-31 xbrli:pure xbrli:shares iso4217:GBP