VRX Motion Technologies Ltd

	Page
Company Information	1
Director's Report	2—3
Abridged Profit and Loss Account	4
Abridged Balance Sheet	5—6
Statement of Changes in Equity	7
Notes to the Abridged Financial Statements	8—10

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Company No. 14836557

Director's Report For The Year Ended 31 May 2025

Director's Report

The director presents his report and the financial statements for the year ended 31 May 2025.

Principal Activity

The principal activity of the company during the year was the design, development and operation of high-performance racing simulation systems and immersive technology experiences.

The company also provides bespoke simulation hardware, custom-built computing systems, and experiential services for commercial, entertainment and professional training applications.

Review of the Business

The year under review represents a significant period of continued investment and development for the company as it focused on building proprietary systems, technology and infrastructure.

The company has continued to design and develop high-performance racing simulation systems, integrating custom-built hardware, software and computing solutions not readily available within the standard commercial market. This is in preparation for a rollout of stable, automated simulation experiences that aim to reduce staff overhead and resources required to deploy a simulation session. This will in turn increase profit margins and provide stability in an operationally flawed industry.

In addition, substantial investment has been made into the development and fit-out of the company’s headquarters to support these advanced systems and to enable immersive, large-scale simulation experiences.

Turnover for the year totalled £9,737 (2024: £1,300), reflecting early-stage commercial activity. Sales were primarily hardware (gaming computers, sim hardware and private experiential sessions).

The company reported a loss for the year of £12,504 (2024: £5,262 loss), primarily driven by strategic expenditure on research and development, premises, marketing and technology.

A significant proportion of these costs relate to the development of proprietary intellectual property and systems, which the directors expect to underpin future revenue generation and scalability.

The directors consider these investments to be essential in establishing a differentiated market position and long-term growth platform.

Future Developments

The company intends to continue expanding its operations through the development of additional simulation systems, completion its physical venue, and official launch of its venue.

The directors have finalised commercial partnerships, secured manufacturer agreements and have a solid sales and marketing strategy to disrupt the market effectively.

The company is exploring opportunities to scale the business through partnerships, events, and national activation projects, alongside continued investment in proprietary technology and infrastructure.

The company expects revenue growth in future periods as these initiatives mature.

Financial Instruments

The company’s financial instruments consist primarily of cash at bank, trade debtors and trade creditors.

The directors consider that the company is not exposed to significant credit, liquidity or market risk.

Directors

The director who held office during the year were as follows:

Mr Courell Watson

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VRX Motion Technologies Ltd

Director's Report (continued)

For The Year Ended 31 May 2025

Statement of Director's Responsibilities

The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the director is required to:

select suitable accounting policies and then apply them consistently;
make judgments and accounting estimates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Small Company Rules

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.

On behalf of the board

Mr Courell Watson

Director

12/05/2026

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VRX Motion Technologies Ltd

Abridged Profit and Loss Account

For The Year Ended 31 May 2025

Abridged Profit and Loss Account

		31 May 2025	31 May 2024
	Notes	£	£
GROSS LOSS		(12,207 )	(5,262 )

Administrative expenses		(297 )	-

OPERATING LOSS AND LOSS FOR THE FINANCIAL YEAR		(12,504 )	(5,262 )

The loss for the year reflects continued investment in infrastructure, marketing and development activities as the company positions itself for future growth.

The notes on pages 8 to 10 form part of these financial statements.

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VRX Motion Technologies Ltd

Abridged Balance Sheet

As At 31 May 2025

Abridged Balance Sheet

		31 May 2025		31 May 2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		11,300		14,800
Tangible Assets	5		26,429		29,099

			37,729		43,899
CURRENT ASSETS
Debtors	6	-		7,000
Cash at bank and in hand		1,000		1,000

		1,000		8,000
NET CURRENT ASSETS (LIABILITIES)			1,000		8,000

TOTAL ASSETS LESS CURRENT LIABILITIES			38,729		51,899

Creditors: Amounts Falling Due After More Than One Year			(15,535 )		(10,661 )

NET ASSETS			23,194		41,238

CAPITAL AND RESERVES
Called up share capital	7		1		1
Other reserves			35,697		41,237
Profit and Loss Account			(12,504 )		-

SHAREHOLDERS' FUNDS			23,194		41,238

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VRX Motion Technologies Ltd

Abridged Balance Sheet (continued)

As At 31 May 2025

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

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 May 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Courell Watson

Director

12/05/2026

The notes on pages 8 to 10 form part of these financial statements.

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VRX Motion Technologies Ltd

Statement of Changes in Equity

For The Year Ended 31 May 2025

Statement of Changes in Equity

	Share Capital	Other reserves	Profit and Loss Account	Total
	£	£	£	£
As at 1 May 2023	1	-	5,262	5,263
Loss for the period and total comprehensive income	-	-	(5,262 )	(5,262)

Movements in other reserves	-	41,237	-	41,237

As at 31 May 2024 and 1 June 2024	1	41,237	-	41,238


Loss for the year and total comprehensive income	-	-	(12,504 )	(12,504)

Transfer to/from Profit & Loss Account	-	(5,540 )	-	(5,540)

As at 31 May 2025	1	35,697	(12,504 )	23,194

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VRX Motion Technologies Ltd

Notes to the Abridged Financial Statements

For The Year Ended 31 May 2025

Notes to the Abridged Financial Statements

1. General Information

VRX Motion Technologies Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14836557 . The registered office is 128 City Road, London, EC1V 2NX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets comprise software licences, branding assets, a customer database, and domain names that were gifted to the company by the director during the period. These are recognised at fair value at the date of contribution.

The assets are amortised to the profit and loss account over their estimated useful lives as follows:

- VR simulation software licence: 5 years (straight-line)

- Trademark and branding: 5 years (straight-line)

- Customer database: 3 years (straight-line)

- Domain names: Not amortised, but subject to annual impairment review

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20%
Computer Equipment	20%

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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VRX Motion Technologies Ltd

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 May 2025

4. Intangible Assets

	Total
	£
Cost
As at 1 June 2024	14,800

As at 31 May 2025	14,800

Amortisation
As at 1 June 2024	-
Provided during the period	3,500

As at 31 May 2025	3,500

Net Book Value
As at 31 May 2025	11,300

As at 1 June 2024	14,800

5. Tangible Assets

	Total
	£
Cost
As at 1 June 2024	29,099
Additions	3,500

As at 31 May 2025	32,599

Depreciation
As at 1 June 2024	-
Provided during the period	6,170

As at 31 May 2025	6,170

Net Book Value
As at 31 May 2025	26,429

As at 1 June 2024	29,099

6. Debtors

	31 May 2025	31 May 2024
	£	£
Due after more than one year

7. Share Capital

	31 May 2025	31 May 2024
	£	£
Allotted, Called up and fully paid	1	1

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VRX Motion Technologies Ltd

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 May 2025

8. Reserves

The company’s reserves consist of retained earnings and capital contributions.

The movement in reserves during the year reflects the loss incurred in the period, which has been transferred to retained earnings.

The loss for the year arises primarily from continued investment in research and development, proprietary system design, and infrastructure, including the development and fit-out of the company’s premises.

The directors consider these investments to be necessary to support the company’s long-term growth and the development of its technology-led offering.

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Director	Mr Courell Watson

Secretary	Mr Courell Watson

Company Number	14836557

Registered Office	128 City Road
	London
	EC1V 2NX

Accountants	Main Office
	52 Spencer Street
	Jewellery Quarter
	Birmingham
	West Midlands
	B18 6DS