Vivasoft Limited Company accounts

COMPANY REGISTRATION NUMBER: 06974541

Vivasoft Limited

Unaudited Financial Statements

31 December 2025

Vivasoft Limited

Financial Statements

Year ended 31 December 2025

Contents	Page

Directors' report	1

Statement of income and retained earnings	2

Statement of financial position	3

Notes to the financial statements	4

The following pages do not form part of the financial statements

Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements	9

Vivasoft Limited

Directors' Report

Year ended 31 December 2025

The directors present their report and the unaudited financial statements of the company for the year ended 31 December 2025 .

Directors

The directors who served the company during the year were as follows:

Mr M R Thomas
Mr P D Lofting

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 19 August 2026 and signed on behalf of the board by:

Mr M R Thomas

Director

Registered office:

4th Floor

58-59 Great Marlborough Street

London

W1F 7JY

Vivasoft Limited

Statement of Income and Retained Earnings

Year ended 31 December 2025

	2025	2024
Note	£	£
Turnover	201,722	123,072

	---------	---------
Gross profit	201,722	123,072

Administrative expenses	54,491	46,864
	---------	---------
Operating profit	147,231	76,208

Other interest receivable and similar income		1,321	1,423
		---------	---------
Profit before taxation	5	148,552	77,631

Tax on profit	6	35,908	16,853
		---------	--------
Profit for the financial year and total comprehensive income		112,644	60,778
		---------	--------

Dividends paid and payable	( 94,000)	( 79,000)

Retained earnings at the start of the year	50,620	68,842
	--------	--------
Retained earnings at the end of the year	69,264	50,620
	--------	--------

All the activities of the company are from continuing operations.

Vivasoft Limited

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	7		2,355	3,054

Current assets

Cash at bank and in hand	108,211		69,951

Creditors: amounts falling due within one year	8	40,709		21,819
		---------		--------
Net current assets			67,502	48,132
			--------	--------
Total assets less current liabilities			69,857	51,186

Provisions

Taxation including deferred tax	589	562
	--------	--------
Net assets	69,268	50,624
	--------	--------

Capital and reserves

Called up share capital	4	4
Profit and loss account	69,264	50,620
	--------	--------
Shareholders funds	69,268	50,624
	--------	--------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 19 August 2026 , and are signed on behalf of the board by:

Mr M R Thomas

Director

Company registration number: 06974541

Vivasoft Limited

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 4th Floor, 58-59 Great Marlborough Street, London, W1F 7JY.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

The turnover shown in the profit and loss account represents amounts invoiced during the period, exclusive of Value Added Tax in respect of consulting and maintenance services. Software sales are recognised at point of sale irrespective of the forward maintenance period covered within the contract. This is due to the robust nature of the software and low servicing costs.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

IT server	-	33% straight line
Equipment	-	20 % reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2024: 3 ).

5. Profit before taxation

Profit before taxation is stated after charging:

	2025	2024
	£	£
Depreciation of tangible assets	699	835
	----	----

6. Tax on profit

Major components of tax expense

	2025	2024
	£	£

Current tax:

UK current tax expense	35,881	16,930

Deferred tax:

Origination and reversal of timing differences	27	( 77)
	--------	--------
Tax on profit	35,908	16,853
	--------	--------

Reconciliation of tax expense

The tax assessed on the profit on ordinary activities for the year is higher than (2024: higher than) the standard rate of corporation tax in the UK of 23.99 % (2024: 21.69 %).

	2025	2024
	£	£
Profit on ordinary activities before taxation	148,552	77,631
	---------	--------
Profit on ordinary activities by rate of tax	35,641	16,842
Effect of expenses not deductible for tax purposes	240	203
Effect of capital allowances and depreciation	–	( 115)
Other tax adjustment to increase/(decrease) tax liability	27	(77)
	---------	--------
Tax on profit	35,908	16,853
	---------	--------

7. Tangible assets

	Plant and machinery	Equipment	Total
	£	£	£
Cost
At 1 January 2025 and 31 December 2025	1,300	8,730	10,030
	-------	-------	--------
Depreciation
At 1 January 2025	634	6,342	6,976
Charge for the year	222	477	699
	-------	-------	--------
At 31 December 2025	856	6,819	7,675
	-------	-------	--------
Carrying amount
At 31 December 2025	444	1,911	2,355
	-------	-------	--------
At 31 December 2024	666	2,388	3,054
	-------	-------	--------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	35,880	16,929
Social security and other taxes	3,271	3,315
Other creditors	1,558	1,575
	--------	--------
	40,709	21,819
	--------	--------

9. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions	589	562
	----	----

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Provisions	589	562
	----	----

10. Related party transactions

No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.

Vivasoft Limited

Management Information

Year ended 31 December 2025

The following pages do not form part of the financial statements.

Vivasoft Limited

Chartered Accountant's Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Vivasoft Limited

Year ended 31 December 2025

As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the year ended 31 December 2025, which comprise the statement of income and retained earnings, statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

HIGGINS FAIRBAIRN & CO Chartered accountants

4th Floor 58-59 Great Marlborough Street London W1F 7JY