The company owns 80% of the issued ordinary share capital of Value For Money S L, a company registered in Spain. At 31 October 2024 the aggregate of its capital and reserves was £270,146 (2023: £205,997). In the year ended 31 October 2024 it made a profit of £84,257 (2023: £45,139). Under the provision of section 398 of the Companies Act 2006 the company is exempt from preparing consolidated accounts and has not done so, therefore the accounts show information about the company as an individual entity.
The company owns 50% of the issued ordinary share capital of SAS VFM Associates France, a company
registered in France. At 30 September 2024 the aggregate of its capital and reserves was £45,643 (2023: £74,412). In the year ended 30 September 2024 it made a loss of £9,483 (2023: loss of £27,003). Under the provision of section 398 of the Companies Act 2006 the company is exempt from preparing consolidated accounts and has not done so, therefore the accounts show information about the company as an individual entity.