Acorah Software Products - Accounts Production 19.4.300 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 07867495 Mr Georgi Aleksandrov Mr Georgi Aleksandrov iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07867495 2024-12-31 07867495 2025-12-31 07867495 2025-01-01 2025-12-31 07867495 frs-core:CurrentFinancialInstruments 2025-12-31 07867495 frs-core:ComputerEquipment 2025-12-31 07867495 frs-core:ComputerEquipment 2025-01-01 2025-12-31 07867495 frs-core:ComputerEquipment 2024-12-31 07867495 frs-core:FurnitureFittings 2025-12-31 07867495 frs-core:FurnitureFittings 2025-01-01 2025-12-31 07867495 frs-core:FurnitureFittings 2024-12-31 07867495 frs-core:PlantMachinery 2025-12-31 07867495 frs-core:PlantMachinery 2025-01-01 2025-12-31 07867495 frs-core:PlantMachinery 2024-12-31 07867495 frs-core:ShareCapital 2025-12-31 07867495 frs-core:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 07867495 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-12-31 07867495 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 07867495 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 07867495 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 07867495 frs-bus:SmallEntities 2025-01-01 2025-12-31 07867495 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 07867495 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 07867495 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-12-31 07867495 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-12-31 07867495 frs-core:ListedExchangeTraded 2025-12-31 07867495 frs-core:ListedExchangeTraded 2024-12-31 07867495 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-12-31 07867495 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2025-12-31 07867495 frs-core:DisposalsRepaymentsInvestments frs-core:ListedExchangeTraded 2025-12-31 07867495 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2025-12-31 07867495 frs-core:CostValuation frs-core:ListedExchangeTraded 2025-12-31 07867495 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-12-31 07867495 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2025-12-31 07867495 frs-bus:Director1 2025-01-01 2025-12-31 07867495 frs-bus:Director1 2024-12-31 07867495 frs-bus:Director1 2025-12-31 07867495 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 07867495 frs-countries:EnglandWales 2025-01-01 2025-12-31 07867495 2023-12-31 07867495 2024-12-31 07867495 2024-01-01 2024-12-31 07867495 frs-core:CurrentFinancialInstruments 2024-12-31 07867495 frs-core:ShareCapital 2024-12-31 07867495 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 07867495 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-12-31
Registered number: 07867495
VirtualG Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07867495
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 374 987
Investments 5 16,484 13,802
16,858 14,789
CURRENT ASSETS
Debtors 6 21,395 17,780
Cash at bank and in hand 182,365 130,454
203,760 148,234
Creditors: Amounts Falling Due Within One Year 7 (30,050 ) (23,789 )
NET CURRENT ASSETS (LIABILITIES) 173,710 124,445
TOTAL ASSETS LESS CURRENT LIABILITIES 190,568 139,234
NET ASSETS 190,568 139,234
CAPITAL AND RESERVES
Called up share capital 8 10 10
Fair value reserve 10 753 1,444
Profit and Loss Account 189,805 137,780
SHAREHOLDERS' FUNDS 190,568 139,234
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Page 2
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.
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 Georgi Aleksandrov
Director
16/09/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
VirtualG Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07867495 . The registered office is Belmont Suite, Paragon Business Park, Chorley New Road, Horwich, Bolton, BL6 6HG.
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. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 33% Straight Line
Fixtures & Fittings 33% Straight Line
Computer Equipment 33% Straight Line
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. 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.
...CONTINUED
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2.5. Taxation - continued
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2025 1,938 274 11,720 13,932
As at 31 December 2025 1,938 274 11,720 13,932
Depreciation
As at 1 January 2025 1,444 141 11,360 12,945
Provided during the period 341 92 180 613
As at 31 December 2025 1,785 233 11,540 13,558
Net Book Value
As at 31 December 2025 153 41 180 374
As at 1 January 2025 494 133 360 987
5. Investments
Listed
£
Cost or Valuation
As at 1 January 2025 13,802
Additions 91,162
Disposals (87,789 )
Revaluations (691 )
As at 31 December 2025 16,484
Provision
As at 1 January 2025 -
As at 31 December 2025 -
Net Book Value
As at 31 December 2025 16,484
As at 1 January 2025 13,802
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Page 5
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 11,340 7,800
Prepayments and accrued income 561 6
Director's loan account 9,494 9,974
21,395 17,780
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - 3
Corporation tax 22,237 16,826
Other taxes and social security 255 -
VAT 7,558 6,960
30,050 23,789
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 10 10
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2025 Amounts advanced Amounts repaid Amounts written off As at 31 December 2025
£ £ £ £ £
Mr Georgi Aleksandrov 9,941 10,000 9,941 - 10,000
The above loan is unsecured, interest free and repayable on demand.
10. Reserves
Fair value reserve Profit and Loss Account
£ £
As at 1 January 2025 1,444 137,780
Profit for the year and total comprehensive income - 82,025
Dividends paid - (30,000)
Movements in fair value reserve (691) -
As at 31 December 2025 753 189,805
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