VICTORIA CAPITAL (UK) LIMITED

Company Registration Number:
04988876 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

VICTORIA CAPITAL (UK) LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

VICTORIA CAPITAL (UK) LIMITED

Company Information

for the Period Ended 31 December 2023




Director: Phillip Russell
Secretary: Zara Fram
Registered office: 9
Sunte Avenue
Lindfield
Haywards Heath
England
RH16 2AB
Company Registration Number: 04988876 (England and Wales)

VICTORIA CAPITAL (UK) LIMITED

Directors' Report Period Ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal Activities

Acting as an investment manager to open ended investment companies and independent segregated investment portfolios for sophisticated HNWIs. Also advisory work, including expert opinion in disputes.

Directors

The directors shown below have held office during the whole of the period from 01 January 2023 to 31 December 2023
Phillip Russell

Secretary
Zara Fram

This report was approved by the board of directors on 23 April 2024
And Signed On Behalf Of The Board By:

Name: Phillip Russell
Status: Director

VICTORIA CAPITAL (UK) LIMITED

Profit and Loss Account

for the Period Ended 31 December 2023


Notes

2023
£

2022
£
Turnover 198,318 196,991
Cost of sales ( 4,033 ) ( 0 )
Gross Profit or (Loss) 194,285 196,991
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 180,747 ) ( 173,572 )
Other operating income 0 0
Operating Profit or (Loss) 13,538 23,419
Interest Receivable and Similar Income 1,801 6,193
Interest Payable and Similar Charges ( 1,806 ) ( 1,638 )
Profit or (Loss) Before Tax 13,533 27,974
Tax on Profit ( 93 ) ( 0 )
Profit or (Loss) for Period 13,440 27,974

The notes form part of these financial statements

VICTORIA CAPITAL (UK) LIMITED

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 3 3
Tangible assets: 5 22 671
Total fixed assets: 25 674
Current assets
Stocks: 0 0
Debtors: 6 375,473 401,430
Cash at bank and in hand: 213,802 149,427
Total current assets: 589,275 550,857
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 7 ( 58,126 ) ( 33,797 )
Net current assets (liabilities): 531,149 517,060
Total assets less current liabilities: 531,174 517,734
Creditors: amounts falling due after more than one year: 8 ( 0 ) ( 0 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 531,174 517,734

The notes form part of these financial statements

VICTORIA CAPITAL (UK) LIMITED

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1,761,672 1,761,672
Revaluation reserve: 9 22,997 22,997
Profit and loss account: ( 1,253,495 ) ( 1,266,935 )
Shareholders funds: 531,174 517,734

For the year ending 31 December 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 23 April 2024
And Signed On Behalf Of The Board By:

Name: Phillip Russell
Status: Director

The notes form part of these financial statements

VICTORIA CAPITAL (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

VICTORIA CAPITAL (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 3 3

VICTORIA CAPITAL (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

VICTORIA CAPITAL (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Intangible assets

Other Total
Cost £ £
At 01 January 2023 3 3
Additions 0 0
Disposals ( 0 ) ( 0 )
Revaluations 0 0
Transfers 0 0
At 31 December 2023 3 3
Amortisation
Amortisation at 01 January 2023 0 0
Charge for year 0 0
On disposals ( 0 ) ( 0 )
Other adjustments 0 0
Amortisation at 31 December 2023 0 0
Net book value
Net book value at 31 December 2023 3 3
Net book value at 31 December 2022 3 3

VICTORIA CAPITAL (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Tangible assets

Fixtures & fittings Office equipment Total
Cost £ £ £
At 01 January 2023 18,777 136,831 155,608
Additions - - -
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 December 2023 18,777 136,831 155,608
Depreciation
At 01 January 2023 18,777 136,160 154,937
Charge for year - 649 649
On disposals - - -
Other adjustments - - -
At 31 December 2023 18,777 136,809 155,586
Net book value
At 31 December 2023 0 22 22
At 31 December 2022 0 671 671

VICTORIA CAPITAL (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Debtors


2023
£

2022
£
Trade debtors 41,217 37,801
Prepayments and accrued income 22,308 45,936
Other debtors 311,948 317,693
Total 375,473 401,430
Debtors due after more than one year: 0 0

VICTORIA CAPITAL (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

7.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 26,020 402
Taxation and social security 3,940 7,522
Accruals and deferred income 28,166 25,873
Other creditors 0 0
Total 58,126 33,797

VICTORIA CAPITAL (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

8.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 0 0
Total 0 0

VICTORIA CAPITAL (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

9. Revaluation reserve


2023
£
Balance at 01 January 2023 22,997
Surplus or deficit after revaluation 0
Balance at 31 December 2023 22,997