Company No: 10985599 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

M Simmonds

REGISTERED OFFICE	Level 1 Brockbourne House
	77 Mount Ephraim
	Royal Tunbridge Wells
	TN4 8BS
	United Kingdom

COMPANY NUMBER

10985599 (England and Wales)

ACCOUNTANT	S&W Partners (South East) Limited
	Brockbourne House
	77 Mount Ephraim
	Royal Tunbridge Wells
	TN4 8BS

	Note	2025		2024
		£		£
Fixed assets
Investments	3	2,461,716		2,308,169
		2,461,716		2,308,169
Current assets
Cash at bank and in hand		40,766		38,227
		40,766		38,227
Creditors: amounts falling due within one year	4	( 2,108,014)		( 2,066,921)
Net current liabilities		(2,067,248)		(2,028,694)
Total assets less current liabilities		394,468		279,475
Net assets		394,468		279,475
Capital and reserves
Called-up share capital		11		11
Fair value reserve	7	338,299		213,910
Profit and loss account		56,158		65,554
Total shareholder's funds		394,468		279,475

For the financial year ending 30 September 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Virtual Plan Limited (registered number: 10985599) were approved and authorised for issue by the Director on 06 July 2026. They were signed on its behalf by:

M Simmonds Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Virtual Plan Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Level 1 Brockbourne House, 77 Mount Ephraim, Royal Tunbridge Wells, TN4 8BS, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of Virtual Plan Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

These financial statements are separate financial statements.

Going concern

The financial statements have been prepared on a going concern basis.

The director has made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on enacted or substantively enacted tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised.

Fixed asset investments

Investments are recognised initially at fair value or cost which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value or cost through the profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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 Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Fixed asset investments

	Listed investments		Total
	£		£
Cost or valuation before impairment
At 01 October 2024	2,308,169		2,308,169
Additions	959,064		959,064
Disposals	( 929,906)		( 929,906)
Movement in fair value	124,389		124,389
At 30 September 2025	2,461,716		2,461,716
Carrying value at 30 September 2025	2,461,716		2,461,716
Carrying value at 30 September 2024	2,308,169		2,308,169

4. Creditors: amounts falling due within one year

	2025		2024
	£		£
Amounts owed to director	2,037,744		2,032,345
Accruals	5,670		5,420
Deferred tax liability	64,600		29,156
	2,108,014		2,066,921

5. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	( 29,156)		0
Charged to the Profit and Loss Account	( 35,444)		( 29,156)
At the end of financial year	( 64,600)		( 29,156)

The deferred taxation balance is made up as follows:

	2025		2024
	£		£
Capital gains	( 81,464)		( 58,917)
Losses and other deductions	16,864		29,761
	( 64,600)		( 29,156)

6. Related party transactions

At the year end, the Company owed the director £2,037,744 (2024: £2,032,345) and this amount is included within other creditors due within one year. The loan is interest free and repayable on demand.

7. Reserves

Fair value reserve

The fair value reserve represents the change in the fair value of listed investments and any deferred tax provided for on these fair value changes.