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Registered number: 08960860
Viraltrend Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—6
Page 1
Statement of Financial Position
Registered number: 08960860
2026 2025
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 2,741 3,124
Tangible Assets 5 4,107 24,479
6,848 27,603
CURRENT ASSETS
Debtors 6 142,948 94,531
Investments 7 - 373,548
Cash at bank and in hand 1,639,924 1,290,034
1,782,872 1,758,113
Creditors: Amounts Falling Due Within One Year 8 (24,392 ) (5,821 )
NET CURRENT ASSETS (LIABILITIES) 1,758,480 1,752,292
TOTAL ASSETS LESS CURRENT LIABILITIES 1,765,328 1,779,895
PROVISIONS FOR LIABILITIES
Deferred Taxation (923 ) (2,083 )
NET ASSETS 1,764,405 1,777,812
CAPITAL AND RESERVES
Called up share capital 9 2 2
Income Statement 1,764,403 1,777,810
SHAREHOLDERS' FUNDS 1,764,405 1,777,812
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Page 2
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Income Statement.
On behalf of the board
J Harris
Director
20 June 2027
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Viraltrend Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08960860 . The registered office is 15 Furzehall Avenue, Fareham, Hampshire, PO16 8UD.
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.
Presentation currency
The accounts are presented in £ sterling.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets include rights to a number plate for advertising. It is amortised to the income statement over it's estimated economic life of 10 years.
2.4. 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:
Motor Vehicles 25% Reducing balance
Computer Equipment 25% Reducing balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income statement as incurred.
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2.6. 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.
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.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2025: 1)
1 1
4. Intangible Assets
Other
£
Cost
As at 1 April 2025 3,825
As at 31 March 2026 3,825
Amortisation
As at 1 April 2025 701
Provided during the period 383
As at 31 March 2026 1,084
Net Book Value
As at 31 March 2026 2,741
As at 1 April 2025 3,124
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5. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 April 2025 64,484 12,665 77,149
Additions - 744 744
Disposals (61,990 ) (1,740 ) (63,730 )
As at 31 March 2026 2,494 11,669 14,163
Depreciation
As at 1 April 2025 43,818 8,852 52,670
Provided during the period 1,897 978 2,875
Disposals (44,010 ) (1,479 ) (45,489 )
As at 31 March 2026 1,705 8,351 10,056
Net Book Value
As at 31 March 2026 789 3,318 4,107
As at 1 April 2025 20,666 3,813 24,479
6. Debtors
2026 2025
£ £
Due within one year
Prepayments and accrued income 141,620 28,622
Other debtors - 64,310
VAT 171 -
Other taxes and social security 1,157 1,599
142,948 94,531
7. Current Asset Investments
2026 2025
£ £
Listed investments - 373,548
8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Corporation tax 20,823 953
VAT - 4,868
Director's loan account 3,569 -
24,392 5,821
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9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 2 2
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2026 2025
£ £
Not later than one year 6,759 -
Later than one year and not later than five years 32,289 -
39,048 -
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