Company registration number: 13312586
Annual report and unaudited financial statements
for the year ended 31 December 2025
for
Virtus Financial Planning Limited
Pages for filing with the Registrar
Company registration number: 13312586
Virtus Financial Planning Limited
Balance sheet
as at 31 December 2025
31 Dec 25 31 Dec 24
Note £ £ £ £
Fixed assets
Intangible assets 4 2,185,406 1,206,562
Tangible assets 5 9,648 4,335
Investments 6 10,443 10,000
2,205,497 1,220,897
Current assets
Debtors 68,264 57,702
Cash at bank and in hand 278,671 207,476
346,935 265,178
Creditors: amounts falling due within one year
(479,233) (341,428)
Net current liabilities (132,298) (76,250)
Total assets less current liabilities 2,073,199 1,144,647
Creditors: Amounts falling due after more than one year
(1,979,723) (1,114,054)
NET ASSETS 93,476 30,593
Capital and reserves
Called up share capital 20 20
Profit and loss account 93,456 30,573
TOTAL EQUITY 93,476 30,593
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 13312586
Virtus Financial Planning Limited
Balance sheet - continued
as at 31 December 2025
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr R Phillips, Director
8 June 2026
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Virtus Financial Planning Limited
Notes to the financial statements
for the year ended 31 December 2025
1 Company information
Virtus Financial Planning Limited is a private company registered in England and Wales. Its registered number is 13312586. The company is limited by shares. Its registered office is 85 Great Portland Street, London, W1W 7LT.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Book of clients - 10% straight line
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery:
Office Furniture - 25% reducing balance
Computer equipment - 25% straight line
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Virtus Financial Planning Limited
Notes to the financial statements - continued
for the year ended 31 December 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 6 (2024 - 5).
4 Intangible assets
Book of clients
£
Cost
At 1 January 2025 1,746,317
Additions 1,158,456
At 31 December 2025 2,904,773
Amortisation
At 1 January 2025 539,755
Charge for year 179,612
At 31 December 2025 719,367
Net book value
At 31 December 2025 2,185,406
At 31 December 2024 1,206,562
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Virtus Financial Planning Limited
Notes to the financial statements - continued
for the year ended 31 December 2025
5 Tangible fixed assets
Plant and machinery
£
Cost
At 1 January 2025 10,562
Additions 7,547
At 31 December 2025 18,109
Depreciation
At 1 January 2025 6,227
Charge for year 2,234
At 31 December 2025 8,461
Net book value
At 31 December 2025 9,648
At 31 December 2024 4,335
6 Fixed asset investments
Investments other than loans
Other investments other than loans


£
Cost
At 1 January 2025 10,000
Additions 100
Disposals (2,211)
Revaluations 2,554
At 31 December 2025 10,443
Net book value
At 31 December 2025 10,443
At 31 December 2024 10,000
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Virtus Financial Planning Limited
Notes to the financial statements - continued
for the year ended 31 December 2025
7 Advances, credit and guarantees granted to directors
The following advances and credits to a director subsisted during the periods ended 31 December 2025 and 31 December 2024.
31 Dec 25 31 Dec 24
£ £
Balance outstanding at start of year 60 100,000
Amounts advanced - 60
Amounts repaid (60) (100,000)
Balance outstanding at end of year - 60
8 Period of Account
The comparative figures are not directly comparable due to differing lengths of time. This period of account covers 12 months whereas the prior period was 8 months and 25 days long.
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