Virtue Facilities Management Services Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 11984562

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		41,586		32,080

			41,586		32,080
CURRENT ASSETS
Debtors	5	419,029		209,038
Cash at bank and in hand		320,285		252,687

		739,314		461,725
Creditors: Amounts Falling Due Within One Year	6	(416,973 )		(237,445 )

NET CURRENT ASSETS (LIABILITIES)			322,341		224,280

TOTAL ASSETS LESS CURRENT LIABILITIES			363,927		256,360

Creditors: Amounts Falling Due After More Than One Year	7		(18,223 )		(20,636 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	9		(5,330 )		(2,987 )

NET ASSETS			340,374		232,737

CAPITAL AND RESERVES
Called up share capital	10		2		2
Profit and Loss Account			340,372		232,735

SHAREHOLDERS' FUNDS			340,374		232,737

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Virtue Facilities Management Services Ltd

Balance Sheet (continued)

As At 31 May 2026

For the year ending 31 May 2026 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 Profit and Loss Account.

On behalf of the board

Mr Daniel Hewitt

Director

22/10/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Virtue Facilities Management Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11984562 . The registered office is Staple House , 5 Eleanors Cross, Dunstable, LU6 1SU.

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. Going Concern Disclosure

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existance for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

2.3. 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.

2.4. 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	25% reducing balance
Motor Vehicles	25% reducing balance

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

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Virtue Facilities Management Services Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2026

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.8. Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

2.9. Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 7 (2025: 5)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 June 2025	22,398	31,328	53,726
Additions	2,798	15,490	18,288

As at 31 May 2026	25,196	46,818	72,014

Depreciation
As at 1 June 2025	11,876	9,770	21,646
Provided during the period	2,748	6,034	8,782

As at 31 May 2026	14,624	15,804	30,428

Net Book Value
As at 31 May 2026	10,572	31,014	41,586

As at 1 June 2025	10,522	21,558	32,080

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	333,918	121,093
Amounts owed by participating interests	77,208	87,945
Other debtors	7,903	-

	419,029	209,038

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Virtue Facilities Management Services Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2026

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	2,460	2,507
Trade creditors	310,389	112,508
Other creditors	15,184	92,370
Taxation and social security	88,940	30,060

	416,973	237,445

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

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	18,223	20,636

8. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	2,460	2,507
Later than one year and not later than five years	18,223	20,636

	20,683	23,143

	20,683	23,143

9. Deferred Taxation

The provision for deferred tax is made up as follows:

	2026	2025
	£	£
Other timing differences	5,330	2,987

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	2	2

11. Related Party Transactions

At the balance sheet date, and included in debtors are amounts due to associate companies of £77,208 (2025: £87,945).

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