COMPANY REGISTRATION NUMBER:
03272183
|
Virtual Office Services Limited |
|
|
Filleted Unaudited Financial Statements |
|
|
Virtual Office Services Limited |
|
|
Statement of Financial Position |
|
30 November 2025
Current assets
|
Creditors: amounts falling due within one year |
6 |
73,208 |
82,182 |
|
-------- |
-------- |
|
Net current liabilities |
19,337 |
29,771 |
|
-------- |
-------- |
|
Total assets less current liabilities |
(
19,337) |
(
29,771) |
|
-------- |
-------- |
|
Net liabilities |
(
19,337) |
(
29,771) |
|
-------- |
-------- |
|
|
|
|
Capital and reserves
|
Called up share capital |
2 |
2 |
|
Profit and loss account |
(
19,339) |
(
29,773) |
|
-------- |
-------- |
|
Shareholder deficit |
(
19,337) |
(
29,771) |
|
-------- |
-------- |
|
|
|
These financial statements have been prepared and delivered 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'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The director acknowledges his 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:
Company registration number:
03272183
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Virtual Office Services Limited |
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Notes to the Financial Statements |
|
Year ended 30 November 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, 49 St James's Street, London, SW1A 1AH.
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.
Going concern
The director has confirmed that they will continue to support the company through the next 12 months, therefore the accounts have been prepared on a going concert basis.
Judgements and key sources of estimation uncertainty
The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period. There is estimation uncertainty in calculating bad debt provisions. A full line by line review of trade and other debtors is carried out regularly. Whilst every attempt is made to ensure that the bad debt provisions are as accurate as possible, there remains a risk that the provisions do not match the level of debts which ultimately prove to be uncollectable.
Revenue recognition
Turnover comprises revenue recognised by the company in respect of services supplied during the year, exclusive of Value Added Tax and trade discounts. Turnover is recognised when the services have been provided.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Defined contribution plans
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.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
5
(2024:
5
).
5.
Debtors
|
2025 |
2024 |
|
£ |
£ |
|
Trade debtors |
15,590 |
25,433 |
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
36,747 |
25,137 |
|
Other debtors |
1,534 |
1,841 |
|
-------- |
-------- |
|
53,871 |
52,411 |
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-------- |
-------- |
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|
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6.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
|
Trade creditors |
1,662 |
1,925 |
|
Social security and other taxes |
86 |
– |
|
Other creditors |
71,460 |
80,257 |
|
-------- |
-------- |
|
73,208 |
82,182 |
|
-------- |
-------- |
|
|
|
7.
Related party transactions
Included within other debtors due within one year is an amount of £36,747 (2024 - £25,137) due from companies in which the director has a material interest.
8.
Controlling party
The company's ultimate parent undertaking is The Virtual Office Group Limited, a company incorporated in England and Wales.