REGISTERED NUMBER: 05149597 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Veritas International Consultancy

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S A Rowland

N L Strang

SECRETARY:

S A Rowland

REGISTERED OFFICE:

11 Old Bond Street

Mayfair

London

W1S 4PN

REGISTERED NUMBER:

05149597 (England and Wales)

ACCOUNTANT:

Richard Allen & Associates

21 Church Road

Parkstone

Poole

Dorset

BH14 8UF

FIXED ASSETS

Intangible assets

4

191,120

79,642

Tangible assets

5

40,533

21,788

Investments

6

1,814,923

1,516,561

2,046,576

1,617,991

CURRENT ASSETS

Stocks

-

302,332

Debtors

7

309,944

51,102

Investments

8

15,390

10,500

Cash at bank

253,925

456,963

579,259

820,897

CREDITORS

Amounts falling due within one year

9

782,043

713,209

NET CURRENT (LIABILITIES)/ASSETS

(202,784

)

107,688

TOTAL ASSETS LESS CURRENT LIABILITIES

1,843,792

1,725,679

CREDITORS

Amounts falling due after more than one year

10

-

(16,000

)

PROVISIONS FOR LIABILITIES

(109,338

)

(134,528

)

NET ASSETS

1,734,454

1,575,151

CAPITAL AND RESERVES

Called up share capital

3

3

Revaluation reserve

11

314,477

543,904

Retained earnings

1,419,974

1,031,244

SHAREHOLDERS' FUNDS

1,734,454

1,575,151

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 22 June 2026 and were signed on its behalf by:

N L Strang - Director

1.	STATUTORY INFORMATION

Veritas International Consultancy Limited 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Cryptocurrency

Amortisation is recognised on cryptocurrency at cost less impairment basis.

Development costs

Amortisation is recognised on development costs at 33% reducing balance basis.

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 reducing balance, 25% on cost and 25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST OR VALUATION

At 1 October 2024

176,570

Additions

1,049

Revaluations

111,417

At 30 September 2025

289,036

AMORTISATION

At 1 October 2024

96,928

Charge for year

988

At 30 September 2025

97,916

NET BOOK VALUE

At 30 September 2025

191,120

At 30 September 2024

79,642

Cost or valuation at 30 September 2025 is represented by:

Other

intangible

assets

£

Valuation in 2021

(16,110

)

Valuation in 2022

(26,420

)

Valuation in 2023

10,179

Valuation in 2024

25,891

Valuation in 2025

111,416

Cost

184,080

289,036

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2024

724,191

Additions

37,046

At 30 September 2025

761,237

DEPRECIATION

At 1 October 2024

702,403

Charge for year

18,301

At 30 September 2025

720,704

NET BOOK VALUE

At 30 September 2025

40,533

At 30 September 2024

21,788

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 October 2024

1,516,561

Additions

1,366,685

Disposals

(1,365,368

)

Revaluations

297,045

At 30 September 2025

1,814,923

NET BOOK VALUE

At 30 September 2025

1,814,923

At 30 September 2024

1,516,561

Cost or valuation at 30 September 2025 is represented by:

Other

investments

£

Valuation in 2020

12,683

Valuation in 2021

123,832

Valuation in 2022

(108,853

)

Valuation in 2023

42,878

Valuation in 2024

473,364

Valuation in 2025

(229,427

)

Cost

1,500,446

1,814,923

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

246,204

38,592

Amounts owed by group undertakings

16,366

5,541

Other debtors

47,374

6,969

309,944

51,102

8.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Unlisted investments

15,390

10,500

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

16,000

24,000

Trade creditors

36,689

40,980

Amounts owed to group undertakings

508,173

516,863

Taxation and social security

188,216

50,086

Other creditors

32,965

81,280

782,043

713,209

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

16,000

11.

RESERVES

Revaluation

reserve

£

At 1 October 2024

543,904

Increase / (decrease) in revaluation

299,466

Reclassification/transfer

(528,893

)

At 30 September 2025

314,477

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2025 and 30 September 2024:

2025

2024

£

£

S A Rowland

Balance outstanding at start of year

-

-

Amounts advanced

150,439

-

Amounts repaid

(119,109

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

31,330

-