Vibaweb (UK) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 11894189 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Vibaweb (UK) Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

B V Dixon

M J Perry

Registered office:

C/O Ellis & Co

114-120 Northgate Street

Chester

CH1 2HT

Registered number:

11894189 (England and Wales)

Accountants:

Ellis & Co

Chartered Accountants

114-120 Northgate Street

Chester

CH1 2HT

Fixed assets

Intangible assets

4

-

Tangible assets

5

21,428

24,371

Investments

6

1,100

22,528

25,471

Current assets

Debtors

7

171,000

419,620

Investments

8

4,794

Cash at bank

397,987

63,239

573,781

487,653

Creditors

Amounts falling due within one year

9

87,862

91,249

Net current assets

485,919

396,404

Total assets less current liabilities

508,447

421,875

Provisions for liabilities

10

-

1,015

Net assets

508,447

420,860

Capital and reserves

Called up share capital

11

100

Retained earnings

508,347

420,760

Shareholders' funds

508,447

420,860

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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 August 2026 and were signed on its behalf by:

B V Dixon - Director

1.	Statutory information

Vibaweb (UK) 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

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.

Computer software is being amortised evenly over its 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.

Motor vehicles

-

20% on cost

Computer equipment

-

25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Operating leases

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Other investments

Other investments are stated at cost, less any provision for permanent diminution in value.

3.	Employees and directors

The average number of employees during the year was 2 (2025 - 2 ) .

4.	Intangible fixed assets

Computer

software

£

Cost

At 1 April 2025

and 31 March 2026

70,000

Amortisation

At 1 April 2025

and 31 March 2026

70,000

Net book value

At 31 March 2026

-

At 31 March 2025

-

5.	Tangible fixed assets

Motor

Computer

vehicles

equipment

Totals

£

Cost

At 1 April 2025

35,161

1,725

36,886

Additions

-

4,707

At 31 March 2026

35,161

6,432

41,593

Depreciation

At 1 April 2025

12,084

431

12,515

Charge for year

6,042

1,608

7,650

At 31 March 2026

18,126

2,039

20,165

Net book value

At 31 March 2026

17,035

4,393

21,428

At 31 March 2025

23,077

1,294

24,371

6.	Fixed asset investments

Shares in

subsidiaries

£

Cost

At 1 April 2025

and 31 March 2026

1,100

Net book value

At 31 March 2026

1,100

At 31 March 2025

1,100

7.

Debtors: amounts falling due within one year

31/3/26

31/3/25

£

Other debtors

171,000

419,620

8.	Current asset investments

31/3/26

31/3/25

£

Other

4,794

9.

Creditors: amounts falling due within one year

31/3/26

31/3/25

£

Amounts owed to group undertakings

81,500

Taxation and social security

4,098

2,394

Other creditors

2,264

7,355

87,862

91,249

10.	Provisions for liabilities

31/3/26

31/3/25

£

Deferred tax

-

1,015

Deferred

tax

£

Balance at 1 April 2025

1,015

Provided during year

(1,015

)

Balance at 31 March 2026

-

11.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/26

31/3/25

value:

£

60

A Ordinary shares

£1

60

40

B Ordinary shares

£1

40

100

12.	Directors' 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

£

B V Dixon

Balance outstanding at start of year

403,413

-

Amounts advanced

-

403,725

Amounts repaid

(403,413

)

(312

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

403,413

Amounts repaid include £20,000 on 15 August 2025 and £380,000 on 26 August 2025. The maximum balance outstanding in the period was £403,413.