Vip Hearing Solutions Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 10909082

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		47,423		60,894
Investments	5		70,000		70,000

			117,423		130,894
CURRENT ASSETS
Stocks	6	2,560		3,650
Debtors	7	174,864		124,303
Cash at bank and in hand		89,087		127,972

		266,511		255,925
Creditors: Amounts Falling Due Within One Year	8	(355,971 )		(374,776 )

NET CURRENT ASSETS (LIABILITIES)			(89,460 )		(118,851 )

TOTAL ASSETS LESS CURRENT LIABILITIES			27,963		12,043

Creditors: Amounts Falling Due After More Than One Year	9		(4,154 )		(4,154 )

NET ASSETS			23,809		7,889

CAPITAL AND RESERVES
Called up share capital	10		4		4
Profit and Loss Account			23,805		7,885

SHAREHOLDERS' FUNDS			23,809		7,889

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Vip Hearing Solutions Ltd

Balance Sheet (continued)

As At 31 October 2025

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

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

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

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Mohammad Khan Director	Mr Nicholas Clive Director
08/04/2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Vip Hearing Solutions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10909082 . The registered office is 57A Wimple Street, London, W1G 8YP.

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. 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:

Leasehold	20% on Cost
Plant & Machinery	20% on Reducing Balance
Fixtures & Fittings	20% on Reducing Balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Vip Hearing Solutions Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2024: 10)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 November 2024	37,691	60,342	35,202	133,235
Additions	-	2,486	234	2,720

As at 31 October 2025	37,691	62,828	35,436	135,955

Depreciation
As at 1 November 2024	17,344	28,704	26,293	72,341
Provided during the period	7,538	6,825	1,828	16,191

As at 31 October 2025	24,882	35,529	28,121	88,532

Net Book Value
As at 31 October 2025	12,809	27,299	7,315	47,423

As at 1 November 2024	20,347	31,638	8,909	60,894

5. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 November 2024	70,000

As at 31 October 2025	70,000

Provision
As at 1 November 2024	-

As at 31 October 2025	-

Net Book Value
As at 31 October 2025	70,000

As at 1 November 2024	70,000

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Vip Hearing Solutions Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

6. Stocks

	2025	2024
	£	£
Materials	2,560	3,650

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	2,247	6,340
Prepayments and accrued income	17,500	17,500
VAT	117	5,463
Amounts owed by group undertakings	60,000	-

	79,864	29,303
Due after more than one year
Other debtors	95,000	95,000

	174,864	124,303

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	81,193	116,184
Bank loans and overdrafts	36,644	48,772
Other loans	75,444	117,929
Corporation tax	56,174	18,653
Other taxes and social security	4,467	8,164
Net wages	546	-
Other creditors	1,740	2,041
Other creditors (1)	13,630	13,630
Accruals and deferred income	26,310	15,570
Directors' loan accounts	16,432	6,692
Amounts owed to group undertakings	43,391	27,141

	355,971	374,776

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	4,154	4,154

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	4	4

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Vip Hearing Solutions Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

11. Dividends

	2025	2024
	£	£
On equity shares:
Final dividend paid	200,000	-

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