REPORT OF THE DIRECTORS AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

 

FOR

 

VIRTUALROUTEZ LIMITED

VIRTUALROUTEZ LIMITED

 

 

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

 

 

Page

 

 

Company Information

3

Report of the Directors

4

Balance Sheet

5 - 6

Notes to the Financial Statements

7 - 11

 

VIRTUALROUTEZ LIMITED

 

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2025

 

DIRECTORS:

Mr M Coetzee

 

Mr D J Pringle

 

Mr H A Ras

 

Mr H Schultz

 

Mr R F Van Zyl

 

 

REGISTERED OFFICE:

Ground Floor Marlborough House

 

298 Regents Park Road

 

London

 

N3 2SZ

 

 

REGISTERED NUMBER:

13132754 (England and Wales)

 

VIRTUALROUTEZ LIMITED

 

REPORT OF THE DIRECTORS

FOR THE YEAR ENDED 31 DECEMBER 2025

 

The directors present their report with the financial statements of the company for the year ended 31 December 2025.

 

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of virtual industry value chain integration.

 

DIRECTORS

The directors shown below have held office during the whole of the period from 1 January 2025 to the date of this report.

 

Mr M Coetzee

Mr D J Pringle

Mr H A Ras

Mr H Schultz

Mr R F Van Zyl

 

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

 

ON BEHALF OF THE BOARD:

 

 

 

……………………………………………………….

Mr H Schultz - Director

 

 

Date: 14 September 2026

 

VIRTUALROUTEZ LIMITED (REGISTERED NUMBER: 13132754)

 

BALANCE SHEET

31 December 2025

 

 

 

31.12.25

31.12.25

31.12.24

31.12.24

 

Notes

$

$

$

$

FIXED ASSETS

 

 

 

 

 

Intangible assets

5

 

6,364

 

12,728

Tangible assets

6

 

912

 

1,829

Investments

7

 

6

 

6

 

 

 

 

 

 

 

 

 

7,283

 

14,563

CURRENT ASSETS

 

 

 

 

 

Debtors

8

20,444

 

21,903

 

Cash at bank

 

1,735

 

207

 

 

 

 

 

 

 

 

 

22,179

 

22,110

 

CREDITORS

 

 

 

 

 

Amounts falling due within one year

9

(192,630)

 

(143,258)

 

 

 

 

 

 

 

NET CURRENT LIABILITIES

 

 

(170,450)

 

(121,148)

 

 

 

 

 

 

TOTAL ASSETS LESS CURRENT LIABILITIES

 

 

(163,168)

 

(106,585)

 

 

 

 

 

 

CAPITAL AND RESERVES

 

 

 

 

 

Called up share capital

10

 

1

 

1

Retained earnings

 

 

(163,169)

 

(106,586)

 

 

 

 

 

 

SHAREHOLDERS' FUNDS

 

 

(163,168)

 

(106,585)

 

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.

 

VIRTUALROUTEZ LIMITED (REGISTERED NUMBER: 13132754)

 

BALANCE SHEET

31 December 2025

 

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 in accordance with the provisions applicable to companies subject to the small companies regime.

 

The financial statements were approved by the Board of Directors and authorised for issue on 14 September 2026 and were signed on its behalf by:

 

 

 

…………………………………………….

Mr H Schultz - Director

 

 

 

 

 

 

 

 

 

 

 

 

 

The notes form part of these financial statements

 

VIRTUALROUTEZ LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

 

1.     STATUTORY INFORMATION

 

Virtualroutez Limited 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 Re public 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.

 

Intangible assets

Intellectual property assets are $31,820. It is amortised to the profit and loss account over its estimated economic life of 5 years.

 

Tangible fixed assets

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

 

Foreign currencies

Assets and liabilitiesin 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.

 

Going concern disclosure

The directors have formed a judgement at the time of approving the Annual Financial Statements, that there is a reasonable expectation that the company has adequate re sources to continue in operational existence for the foreseeable future. For this reason the directors have adopted the going concern basis in preparing the accounts.

 

3.     EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5).

 

VIRTUALROUTEZ LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

 

4.     INTANGIBLE FIXED ASSETS

 

 

Development

 

costs

 

$

 

 

COST

 

At 1 January 2025

 

and 31 December 2025

31,820

 

 

AMORTISATION

 

At 1 January 2025

19,092

Amortisation for year

6,364

 

 

At 31 December 2025

25,456

 

 

NET BOOK VALUE

 

At 31 December 2025

6,364

 

 

At 31 December 2024

12,728

 

VIRTUALROUTEZ LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

 

5.     TANGIBLE FIXED ASSETS

 

 

Computer

 

equipment

 

$

 

 

COST

 

At 1 January 2025

2,753

Additions

0

 

 

At 31 December 2025

2,753

 

 

DEPRECIATION

 

At 1 January 2025

924

Charge for year

918

 

 

At 31 December 2025

1,841

 

 

NET BOOK VALUE

 

At 31 December 2025

912

 

 

At 31 December 2024

1,829

 

6.     FIXED ASSET INVESTMENTS

 

 

Unlisted

 

investments

 

$

 

 

COST

 

At 1 January 2025

 

and 31 December 2025

6

 

 

NET BOOK VALUE

 

At 31 December 2025

6

 

 

At 31 December 2024

6

 

The company's investment at the Statement of Financial Position date is in the share capital of VirtualRouteZ (Pty) Ltd, a company incorporated in South Africa. The company owns 100% of the share capital.

VIRTUALROUTEZ LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

 

7.     DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

 

 

31.12.25

31.12.24

 

$

$

 

 

 

Trade debtors

04,294

Amounts owed by group undertakings

20,44417,609

 

 

 

 

20,44421,903

 

8.     CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

 

 

31.12.25

31.12.24

 

$

$

 

 

 

Trade creditors

1,4080

Amounts owed to group undertakings

80,47938,888

Other creditors

110,742102,055

Accruals and deferred income

02,315

 

 

 

 

192,630143,258

 

9.     CALLED UP SHARE CAPITAL

 

Allotted, issued and fully paid:

 

 

 

 

Number:

Class:

Nominal

31.12.25

31.12.24

 

 

value

$

$

 

 

 

 

 

1

Ordinary £1

£1

11

 

VIRTUALROUTEZ LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

 

10.     RELATED PARTY DISCLOSURES

 

VirtualRouteZ Limited owns 100% of the share capital of VirtualRouteZ (Pty) Ltd.

 

VirtualRouteZ (Pty) Ltd

At the balance sheet date, included creditors, is an amount of $13,579 (2024: $11,960) owed to VirtualrouteZ (Pty) Ltd. This loan is interest free, of no fixed term and repayable on demand.

 

At the balance sheet date, included under debtors, is an amount of $20,444 (2024: $17,609) owed from VirtualRouteZ (Pty) Ltd. This loan has interest charged at a rate of LIBOR + 2% and BOE + 2% from July 2023 and is repayable on demand.

 

VirtualRouteZ Holdings Loan

At the balance sheet date, included under creditors, is an amount of $66,900 (2024: $26,928 amount owed) owed to VirtualRouteZ Holdings Ltd.