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Vivid Wisdom Limited
Unaudited Financial Statements
For The Year Ended 30 June 2026
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Company Information
Director Mr Mitul Popat
Company Number 14102602
Registered Office Devonshire House
582 Honeypot Lane
Stanmore
Middlesex
HA7 1JS
Accountants Capitax Financial Ltd
Devonshire House
582 Honeypot Lane
Stanmore
Middlesex
HA7 1JS
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Balance Sheet
Registered number: 14102602
2026 2025
Notes £ £ £ £
FIXED ASSETS
Investments 4 100 100
100 100
CURRENT ASSETS
Debtors 5 983,000 887,003
Investments 6 27,500 27,500
Cash at bank and in hand 1,334 11,654
1,011,834 926,157
Creditors: Amounts Falling Due Within One Year 7 (1,040,665 ) (951,517 )
NET CURRENT ASSETS (LIABILITIES) (28,831 ) (25,360 )
TOTAL ASSETS LESS CURRENT LIABILITIES (28,731 ) (25,260 )
NET LIABILITIES (28,731 ) (25,260 )
CAPITAL AND RESERVES
Called up share capital 200 200
Profit and Loss Account (28,931 ) (25,460 )
SHAREHOLDERS' FUNDS (28,731) (25,260)
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For the year ending 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Mitul Popat
Director
28/08/2026
The notes on pages 4 to 5 form part of these financial statements.
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Page 4
Notes to the Financial Statements
1. General Information
Vivid Wisdom Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14102602 . The registered office is Devonshire House, 582 Honeypot Lane, Stanmore, Middlesex, HA7 1JS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.3. Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2025: NIL)
- -
4. Investments
Subsidiaries
£
Cost or Valuation
As at 1 July 2025 100
As at 30 June 2026 100
Provision
As at 1 July 2025 -
As at 30 June 2026 -
Net Book Value
As at 30 June 2026 100
As at 1 July 2025 100
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5. Debtors
2026 2025
£ £
Due within one year
Other debtors 983,000 887,003
6. Current Asset Investments
2026 2025
£ £
Unlisted investments 27,500 27,500
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Other creditors 1,040,665 951,517
8. Directors Advances, Credits and Guarantees
During the year ended 30 June 2026, Vivid Wisdom Ltd owed £26,945 to its director. This amount is reflected in the director's loan account in credit balance, which is shown as part Other creditors under Creditors due within one year. Please be advised that the director have agreed to provide this loan on an interest free basis and the loan is repayable on demand.
9. Related Party Transactions
During the year ended 30 June 2026, Vivid Wisdom Ltd entered into a loan agreement with a related company, Martini Road Ltd. The loan of £875,000 is provided as an interest free loan and is repayable on demand. Hence the amounts is being reflected accordingly under Debtors due within one year. Additionally, Vivid Wisdom Ltd also received interest free loan of £1,012,220 from its related company, Chamillion Holding BV. This loan is repayable on demand; hence this amount is shown as a of part Other creditors under Creditors due within one year.
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