REGISTERED NUMBER: 06828091 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Viavi Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr S Donnai

C I Jessop

J D Wreaves

T M Walker

SECRETARY:

Dr S Donnai

REGISTERED OFFICE:

9 Devonshire Place

London

W1G 6HP

REGISTERED NUMBER:

06828091 (England and Wales)

ACCOUNTANTS:

RAA Gilroy & Brookes Accountants Ltd

Suite 15

The Enterprise Centre

Coxbridge Business Park

Farnham

Surrey

GU10 5EH

Fixed assets

Intangible assets

4

486,409

266,999

Tangible assets

5

71,811

35,028

558,220

302,027

Current assets

Debtors

6

597,915

545,827

Cash at bank

403,637

668,247

1,001,552

1,214,074

Creditors

Amounts falling due within one year

7

(281,576

)

(262,466

)

Net current assets

719,976

951,608

Total assets less current liabilities

1,278,196

1,253,635

Provisions for liabilities

8

(105,977

)

(67,282

)

Accruals and deferred income

(397,002

)

(330,306

)

Net assets

775,217

856,047

Capital and reserves

Called up share capital

9

10

10

Share premium

(5,000

)

(5,000

)

Retained earnings

780,207

861,037

Shareholders' funds

775,217

856,047

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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:

Dr S Donnai - Director

1.	STATUTORY INFORMATION

Viavi Limited 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.

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 ten 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

-

20% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

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 balance sheet date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 13 (2024 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2025

314,776

Additions

262,998

At 31 December 2025

577,774

AMORTISATION

At 1 January 2025

47,777

Charge for year

43,588

At 31 December 2025

91,365

NET BOOK VALUE

At 31 December 2025

486,409

At 31 December 2024

266,999

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2025

97,149

32,494

27,527

157,170

Additions

51,478

-

-

51,478

At 31 December 2025

148,627

32,494

27,527

208,648

DEPRECIATION

At 1 January 2025

63,085

31,530

27,527

122,142

Charge for year

14,453

242

-

14,695

At 31 December 2025

77,538

31,772

27,527

136,837

NET BOOK VALUE

At 31 December 2025

71,089

722

-

71,811

At 31 December 2024

34,064

964

-

35,028

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

36,369

57,033

Wages control account

-

984

Tax under S455

101,423

86,960

Directors' current accounts

321,964

275,051

Prepayments and accrued income

138,159

125,799

597,915

545,827

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

198,366

215,763

Tax

14,462

8,416

PAYE/NI liability

62,980

26,925

Pension liability

2,833

2,594

VAT

430

376

Accruals and deferred income

2,505

8,392

281,576

262,466

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

105,977

57,282

Bad Debts Provision

-

10,000

105,977

67,282

Deferred

tax

£

Balance at 1 January 2025

57,282

Provided during year

48,695

Balance at 31 December 2025

105,977

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal value(£

)

31.12.25£

31.12.24£

750

Ordinary shares A

0.01

7.50

7.50

237

Ordinary shares B

0.01

2.37

2.37

Total

9.87

9.87

10.	ULTIMATE CONTROLLING PARTY

The company is under the control of Dr S Donnai who owns more than 75% of the issued share capital of the company and also a director of the company.