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REGISTERED NUMBER: 13036136 (England and Wales)















VIG INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024






VIG INVESTMENTS LIMITED (REGISTERED NUMBER: 13036136)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 NOVEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


VIG INVESTMENTS LIMITED

COMPANY INFORMATION
For The Year Ended 30 NOVEMBER 2024







DIRECTORS: I Green
Mrs V Green





REGISTERED OFFICE: Finchers Farm
Birchwood Road
Suckley
Worcestershire
WR6 5DT





REGISTERED NUMBER: 13036136 (England and Wales)





ACCOUNTANTS: Charles Lovell & Co Limited
Chartered Certified Accountants
and Statutory Auditors
8 Church Green East
Redditch
Worcestershire
B98 8BP

VIG INVESTMENTS LIMITED (REGISTERED NUMBER: 13036136)

BALANCE SHEET
30 NOVEMBER 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 861,410 776,395

CURRENT ASSETS
Cash at bank 2,040 3,487

CREDITORS
Amounts falling due within one year 5 180,734 215,922
NET CURRENT LIABILITIES (178,694 ) (212,435 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

682,716

563,960

CREDITORS
Amounts falling due after more than one
year

6

(493,909

)

(454,743

)

PROVISIONS FOR LIABILITIES (40,376 ) (29,086 )
NET ASSETS 148,431 80,131

CAPITAL AND RESERVES
Called up share capital 50 50
Fair value reserve 8 170,255 101,405
Retained earnings (21,874 ) (21,324 )
SHAREHOLDERS' FUNDS 148,431 80,131

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 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.

VIG INVESTMENTS LIMITED (REGISTERED NUMBER: 13036136)

BALANCE SHEET - continued
30 NOVEMBER 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 August 2025 and were signed on its behalf by:




I Green - Director



Mrs V Green - Director


VIG INVESTMENTS LIMITED (REGISTERED NUMBER: 13036136)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 NOVEMBER 2024


1. STATUTORY INFORMATION

VIG Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - 2% on cost
Improvements to Property - 2% on cost
Fixtures and fittings - 15% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

VIG INVESTMENTS LIMITED (REGISTERED NUMBER: 13036136)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 NOVEMBER 2024


4. TANGIBLE FIXED ASSETS
Improvements Fixtures
Long to and
leasehold Property fittings Totals
£    £    £    £   
COST OR VALUATION
At 1 December 2023 755,000 14,247 8,940 778,187
Additions - - 1,931 1,931
Revaluations 85,000 - - 85,000
At 30 November 2024 840,000 14,247 10,871 865,118
DEPRECIATION
At 1 December 2023 - 193 1,599 1,792
Charge for year - 285 1,631 1,916
At 30 November 2024 - 478 3,230 3,708
NET BOOK VALUE
At 30 November 2024 840,000 13,769 7,641 861,410
At 30 November 2023 755,000 14,054 7,341 776,395

Cost or valuation at 30 November 2024 is represented by:

Improvements Fixtures
Long to and
leasehold Property fittings Totals
£    £    £    £   
Valuation in 2022 104,859 - - 104,859
Valuation in 2023 20,000 - - 20,000
Valuation in 2024 85,000 - - 85,000
Cost 630,141 14,247 10,871 655,259
840,000 14,247 10,871 865,118

If long leasehold properties had not been revalued they would have been included at the following historical cost:

30.11.24 30.11.23
£    £   
Cost 630,141 630,141
Aggregate depreciation 36,468 23,866

Long leasehold properties were valued on a fair value basis on 30 November 2024 by I Green and Mrs V Green, directors .

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Taxation and social security 99 331
Other creditors 180,635 215,591
180,734 215,922

VIG INVESTMENTS LIMITED (REGISTERED NUMBER: 13036136)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 NOVEMBER 2024


6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans 493,909 454,743

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 493,909 454,743

7. SECURED DEBTS

The following secured debts are included within creditors:

30.11.24 30.11.23
£    £   
Bank loans 493,909 454,743

A charge was created on 29 November 2021 in favour of Paratus Amc Limited over the property known as 82A Worcester Road, Malvern.

A charge was created on 4 March 2022 in favour of Paragon Bank Plc over the property known as 1A Lygon Bank, Malvern.

A charge was created on 31 May 2022 in favour of Fleet Mortgages Limited over the property known as 1 Lygon Bank, Malvern.

A charge was created on 3 June 2024 in favour of Paragon Bank Plc over the property known as 1A Lygon Bank, Malvern.

8. RESERVES
Fair
value
reserve
£   
At 1 December 2023 101,405
Transfer between reserves 68,850

At 30 November 2024 170,255