REGISTERED NUMBER: 12809800 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Vivat Publishing Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Z Glibbery

P Gregory

SECRETARY:

Z Glibbery

REGISTERED OFFICE:

The Byre

Hartside

Durham

Co Durham

DH1 5RJ

REGISTERED NUMBER:

12809800 (England and Wales)

ACCOUNTANTS:

Clive Owen LLP

Chartered Accountants

Great North House

20 Allington Way

DARLINGTON

Co Durham

DL1 4QB

FIXED ASSETS

Tangible assets

4

2,742

4,430

CURRENT ASSETS

Debtors

5

120,417

103,357

Investments

6

1,113,412

-

Cash at bank

1,862,817

2,522,062

3,096,646

2,625,419

CREDITORS

Amounts falling due within one year

7

(574,423

)

(736,870

)

NET CURRENT ASSETS

2,522,223

1,888,549

TOTAL ASSETS LESS CURRENT LIABILITIES

2,524,965

1,892,979

PROVISIONS FOR LIABILITIES

8

(686

)

(1,108

)

NET ASSETS

2,524,279

1,891,871

CAPITAL AND RESERVES

Called up share capital

9

20

20

Retained earnings

2,524,259

1,891,851

SHAREHOLDERS' FUNDS

2,524,279

1,891,871

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 11 September 2026 and were signed on its behalf by:

Z Glibbery - Director

1.	STATUTORY INFORMATION

Vivat Publishing 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

There were no material departures from that standard.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts

Turnover

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

Income recognition

New book income is recognised when the company has fulfilled its contractual obligations to ensure manuscript delivery and acceptance, and thereafter as payments are received.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Financial instruments

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Foreign currencies

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

The company hedges against foreign currency exchange rate movement through the use of forward exchange contracts. The fair value of any open contracts are assessed at the end of the period and differences to contract price are recognised through the profit and loss account

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 January 2025

and 31 December 2025

5,587

3,353

8,940

DEPRECIATION

At 1 January 2025

1,939

2,571

4,510

Charge for year

1,117

571

1,688

At 31 December 2025

3,056

3,142

6,198

NET BOOK VALUE

At 31 December 2025

2,531

211

2,742

At 31 December 2024

3,648

782

4,430

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

470

-

Other debtors

1,664

11,289

Owed from associated companies

84,272

44,047

Directors' current accounts

34,011

217

Prepayments and accrued income

-

47,804

120,417

103,357

6.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Unlisted investments

1,113,412

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

2,040

-

Taxation and social security

291,036

110,541

Accruals and deferred income

281,347

626,329

574,423

736,870

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

686

1,108

Deferred

tax

£

Balance at 1 January 2025

1,108

Credit to Statement of Income and Retained Earnings during year

(422

)

Accelerated capital allowance

Balance at 31 December 2025

686

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1100

Ordinary

£0.01

11

11

200

Ordinary A

£0.01

2

2

200

Ordinary B

£0.01

2

2

200

Ordinary C

£0.01

2

2

200

Ordinary D

£0.01

2

2

100

Ordinary E

£0.01

1

1

20

20

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

P Gregory

Balance outstanding at start of year

217

37,093

Amounts advanced

59,769

11,842

Amounts repaid

(25,975

)

(48,718

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

34,011

217