REGISTERED NUMBER: 08353057 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

VIENNA KANG ADVOCATES LTD

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTOR:

I S Kang

REGISTERED OFFICE:

3120 Park Square Solihull Parkway

Birmingham Business Park

Birmingham

West Midlands

B37 7YN

REGISTERED NUMBER:

08353057 (England and Wales)

ACCOUNTANTS:

Poole Waterfield Limited

Ground Floor

Custom House

Waterfront East

Brierley Hill

West Midlands

DY5 1XH

FIXED ASSETS

Tangible assets

4

115,595

158,339

CURRENT ASSETS

Debtors

5

3,205,247

2,119,048

Cash at bank

384

273

3,205,631

2,119,321

CREDITORS

Amounts falling due within one year

6

1,868,788

2,031,188

NET CURRENT ASSETS

1,336,843

88,133

TOTAL ASSETS LESS CURRENT LIABILITIES

1,452,438

246,472

CREDITORS

Amounts falling due after more than one year

7

(636,415

)

(2,005

)

PROVISIONS FOR LIABILITIES

10

(19,056

)

(23,655

)

NET ASSETS

796,967

220,812

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

796,867

220,712

SHAREHOLDERS' FUNDS

796,967

220,812

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 12 August 2026 and were signed by:

I S Kang - Director

1.	STATUTORY INFORMATION

Vienna Kang Advocates 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.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax, adjusted for movements in work in progress.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

Straight line over 5 years

Fixtures and fittings

-

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 39 (2025 - 37 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

leasehold

fittings

Totals

£

£

£

COST

At 1 April 2025

264,805

238,515

503,320

Additions

3,010

21,332

24,342

Disposals

-

(42,870

)

(42,870

)

At 31 March 2026

267,815

216,977

484,792

DEPRECIATION

At 1 April 2025

113,320

231,661

344,981

Charge for year

53,563

13,523

67,086

Eliminated on disposal

-

(42,870

)

(42,870

)

At 31 March 2026

166,883

202,314

369,197

NET BOOK VALUE

At 31 March 2026

100,932

14,663

115,595

At 31 March 2025

151,485

6,854

158,339

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

551,090

158,429

Other debtors

2,654,157

1,960,619

3,205,247

2,119,048

Included in the above balance 'Other debtors' is an amount of £400,492 (2025:£405,526) due from related companies. The companies are related by way of common directorship.

Also included in the above is an amount relating to work in progress of £1,140,181 (2025:£423,344).

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

589,209

172,190

Trade creditors

139,187

374,758

Taxation and social security

845,580

1,229,961

Other creditors

294,812

254,279

1,868,788

2,031,188

Shortly after the year end an amount of £196,073 was paid in relation to the 'Taxation and social security' balance above.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

636,415

2,005

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.26

31.3.25

£

£

Within one year

90,000

90,000

Between one and five years

360,000

360,000

In more than five years

-

90,000

450,000

540,000

The amount above relates to a property lease.

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Bank loans

1,225,624

-

Loans are secured by way of a fixed and floating charge over all assets.

10.	PROVISIONS FOR LIABILITIES

31.3.26

31.3.25

£

£

Deferred tax

19,056

23,655

Deferred

tax

£

Balance at 1 April 2025

23,655

Provided during year

(4,599

)

Balance at 31 March 2026

19,056

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

100

Ordinary

£1

100

100

12.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

£

I S Kang

Balance outstanding at start of year

802,889

722,815

Amounts advanced

346,422

437,738

Amounts repaid

(246,353

)

(357,664

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

902,958

802,889

Interest was charged on the above balance at a rate of 3.75% per annum. The amount is unsecured.