VIKIM INTERNATIONAL LIMITED Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08182919

VIKIM INTERNATIONAL LIMITED

Filleted Unaudited Financial Statements

31 August 2025

VIKIM INTERNATIONAL LIMITED

Statement of Financial Position

31 August 2025

	2025		2024
Note	£	£	£

Current assets

Debtors	5	2,133	1,645
Cash at bank and in hand		1,491	3,262
		-------	-------
		3,624	4,907

Creditors: amounts falling due within one year	6	4,416		4,496
		-------		-------
Net current (liabilities)/assets			( 792)	411
			----	----
Total assets less current liabilities			( 792)	411
			----	----
Net (liabilities)/assets			( 792)	411
			----	----

Capital and reserves

Called up share capital	100	100
Profit and loss account	( 892)	311
	----	----
Shareholders (deficit)/funds	( 792)	411
	----	----

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 21 May 2026 , and are signed on behalf of the board by:

Mr M Newton-Woof

Director

Company registration number: 08182919

VIKIM INTERNATIONAL LIMITED

Notes to the Financial Statements

Year ended 31 August 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 4th Floor, 58-59 Great Marlborough Street, London, W1F 7JY, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

Income tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date

Financial instruments

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 entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4. Tax on (loss)/profit

Major components of tax (income)/expense

	2025	2024
	£	£

Current tax:

UK current tax (income)/expense	( 73)	73

Deferred tax:

Origination and reversal of timing differences	( 209)	71
	----	----
Tax on (loss)/profit	( 282)	144
	----	----

Reconciliation of tax (income)/expense

The tax assessed on the (loss)/profit on ordinary activities for the year is the same as (2024: the same as) the standard rate of corporation tax in the UK of 19 % (2024: 19 %).

	2025	2024
	£	£
(Loss)/profit on ordinary activities before taxation	( 1,485)	754
	-------	----
(Loss)/profit on ordinary activities by rate of tax	( 282)	144
	-------	----

5. Debtors

	2025	2024
	£	£
Other debtors	2,133	1,645
	-------	-------

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	716	682
Corporation tax	–	73
Social security and other taxes	–	86
Other creditors	3,700	3,655
	-------	-------
	4,416	4,496
	-------	-------

7. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in debtors (note 5)	209	–
	----	----

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Unused tax losses	( 209)	–
	----	----

8. Related party transactions

Included in other creditors, there is a balance of £2,805 (2024: £2,805) due to a connected company, Seasons Marine Limited, in which both directors are shareholders and directors. During the year, consultancy fee of £13,750 (2024: £11,750) was paid to Mr.M Newton-Woof who is a director and shareholder of the company. The company also received consultancy income of £23,500 (2024: 40,000) from Ventura UK Limited, a company which has a common director and a shareholder. All charges to related parties are on arm's length basis.