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REGISTERED NUMBER: 06838597 (England and Wales)









Unaudited Financial Statements

for the Year Ended

31 December 2023

for

VBC Group Ltd

VBC Group Ltd (Registered number: 06838597)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Balance Sheet 1

Notes to the Financial Statements 2


VBC Group Ltd (Registered number: 06838597)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 2,165,679 2,165,679

CREDITORS
Amounts falling due within one year 5 57 57
NET CURRENT LIABILITIES (57 ) (57 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,165,622

2,165,622

CAPITAL AND RESERVES
Called up share capital 6 1,000 1,000
Retained earnings 2,164,622 2,164,622
SHAREHOLDERS' FUNDS 2,165,622 2,165,622

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 July 2024 and were signed on its behalf by:





D W Talbot - Director


VBC Group Ltd (Registered number: 06838597)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. COMPANY INFORMATION

VBC Group Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 06838597

Registered office: 12 Pavillion Way
Castle Business Park
Loughborough
Leicestershire
LE11 5GW

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 UK and Republic of Ireland" and the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about VBC Group Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Investments held as fixed assets are stated at cost less any provision for impairment.

Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

VBC Group Ltd (Registered number: 06838597)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 1 January 2023
and 31 December 2023 2,165,679
NET BOOK VALUE
At 31 December 2023 2,165,679
At 31 December 2022 2,165,679

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 57 57

6. CALLED UP SHARE CAPITAL

2021 2020
£ £
Allotted, issued and fully paid 1,000 1,000