REGISTERED NUMBER: 13195914 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

Netvio Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

D Hulbert

J F J Meredith

REGISTERED OFFICE:

Venture House

Calne Road

Lyneham

Chippenham

SN15 4PP

BUSINESS ADDRESS:

315 Whispering Palms Lane

Bradenton

Florida

34212

REGISTERED NUMBER:

13195914 (England and Wales)

ACCOUNTANTS:

Venture

Chartered Accountants

Venture House

Calne Road

Lyneham

Chippenham

SN15 4PP

FIXED ASSETS

Intangible assets

4

368,267

316,087

Tangible assets

5

3,388

1,138

371,655

317,225

CURRENT ASSETS

Stocks

89,747

118,185

Debtors

6

152,954

376,169

Cash at bank

12,330

24,721

255,031

519,075

CREDITORS

Amounts falling due within one year

7

833,481

856,899

NET CURRENT LIABILITIES

(578,450

)

(337,824

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(206,795

)

(20,599

)

CAPITAL AND RESERVES

Called up share capital

8

292,001

292,001

Capital redemption reserve

42,000

42,000

Retained earnings

(540,796

)

(354,600

)

SHAREHOLDERS' FUNDS

(206,795

)

(20,599

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 28 July 2026 and were signed on its behalf by:

D Hulbert - Director

1.	STATUTORY INFORMATION

Netvio Ltd 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.

Significant judgements and estimates

The directors have revised the amortisation rate of intangible assets. This change is based on their current market knowledge which could change over time. The directors will continue to keep this accounting estimate under review.

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.

Development costs are being amortised evenly over their estimated useful life of forty years.

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 cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 August 2024

330,788

Additions

62,000

At 31 July 2025

392,788

AMORTISATION

At 1 August 2024

14,701

Charge for year

9,820

At 31 July 2025

24,521

NET BOOK VALUE

At 31 July 2025

368,267

At 31 July 2024

316,087

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2024

1,707

Additions

4,229

At 31 July 2025

5,936

DEPRECIATION

At 1 August 2024

569

Charge for year

1,979

At 31 July 2025

2,548

NET BOOK VALUE

At 31 July 2025

3,388

At 31 July 2024

1,138

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

111,542

310,380

Other debtors

41,412

65,789

152,954

376,169

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade creditors

725,851

746,584

Taxation and social security

11,628

24,026

Other creditors

96,002

86,289

833,481

856,899

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

£

1

Ordinary A

1

1

1

Allotted and issued:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

£

29,200

Redeemable shares

£10

292,000

292,000

9.	GOING CONCERN

The latest financial results are inline with expectations as Netvio continues to invest in it's core products and software platform. Market share will continue to increase along with expected improvements in all financial criteria. Shareholders and key creditors fully support Netvio through it's early start-up phase.