VIDMED SERVICES UK LTD

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—4

Registered number: 08215923

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	5,000		10,000
Debtors	5	11,208		11,208
Cash at bank and in hand		161		1

		16,369		21,209
Creditors: Amounts Falling Due Within One Year	6	(203,938 )		(181,588 )

NET CURRENT ASSETS (LIABILITIES)			(187,569 )		(160,379 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(187,569 )		(160,379 )

Creditors: Amounts Falling Due After More Than One Year	7		(363,938 )		(363,323 )

NET LIABILITIES			(551,507 )		(523,702 )

CAPITAL AND RESERVES
Called up share capital	8		1,100		1,100
Share premium account			19,000		19,000
Income Statement			(571,607 )		(543,802 )

SHAREHOLDERS' FUNDS			(551,507)		(523,702)

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VIDMED SERVICES UK LTD

Statement of Financial Position (continued)

As At 31 December 2025

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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement.

On behalf of the board

Mr David Dwek

Director

24/09/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

VIDMED SERVICES UK LTD is a private company, limited by shares, incorporated in England & Wales, registered number 08215923 . The registered office is 59a Kingston Road, London, SW19 1JN.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

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. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Stocks

	2025	2024
	£	£
Finished goods	5,000	10,000

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	11,208	11,208

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	123,791	111,791
Other creditors	79,947	69,797
Taxation and social security	200	-

	203,938	181,588

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VIDMED SERVICES UK LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other creditors	363,938	363,323

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,100	1,100

9. Related Party Transactions

The parent undertaking of Vidmed Services UK Ltd is Vidmed Services Cyprus Ltd, a company registered in Cyprus.

The beneficial owner and ultimate controlling party is Mr Duncan Barclay, company director.

At the year end, the company owed £279,929 (2024: £279,929) to the beneficial owner. The loan is interest free and repayable after more than 1 year.

Amounts due to/from companies controlled by the director, at the year end, were as follows:

Amount due to Subsea Infrastructure Ltd: £84,009 (2024: £83,394)

Amount owed by Vidmed Cyprus Ltd : £11,208 (2024 : £11,208)

Amount due to Dwek Corporate Finance Ltd: £199,200 (2024: 176,800)

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