IRIS Accounts Production v25.2.0.378 14074875 Board of Directors Board of Directors Board of Directors Board of Directors 1.4.24 31.3.25 31.3.25 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh140748752024-03-31140748752025-03-31140748752024-04-012025-03-31140748752023-03-31140748752023-04-012024-03-31140748752024-03-3114074875ns15:EnglandWales2024-04-012025-03-3114074875ns14:PoundSterling2024-04-012025-03-3114074875ns10:Director12024-04-012025-03-3114074875ns10:Director22024-04-012025-03-3114074875ns10:Director32024-04-012025-03-3114074875ns10:Director42024-04-012025-03-3114074875ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3114074875ns10:SmallEntities2024-04-012025-03-3114074875ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3114074875ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3114074875ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3114074875ns10:FullAccounts2024-04-012025-03-3114074875ns10:RegisteredOffice2024-04-012025-03-3114074875ns5:CurrentFinancialInstruments2025-03-3114074875ns5:CurrentFinancialInstruments2024-03-3114074875ns5:Non-currentFinancialInstruments2025-03-3114074875ns5:Non-currentFinancialInstruments2024-03-3114074875ns5:ShareCapital2025-03-3114074875ns5:ShareCapital2024-03-3114074875ns5:RevaluationReserve2025-03-3114074875ns5:RevaluationReserve2024-03-3114074875ns5:RetainedEarningsAccumulatedLosses2025-03-3114074875ns5:RetainedEarningsAccumulatedLosses2024-03-3114074875ns5:PlantMachinery2024-04-012025-03-3114074875ns5:FurnitureFittings2024-04-012025-03-3114074875ns5:PlantMachinery2024-03-3114074875ns5:FurnitureFittings2024-03-3114074875ns5:PlantMachinery2025-03-3114074875ns5:FurnitureFittings2025-03-3114074875ns5:PlantMachinery2024-03-3114074875ns5:FurnitureFittings2024-03-3114074875ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3114074875ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3114074875ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2025-03-3114074875ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-03-3114074875ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2025-03-3114074875ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-03-3114074875ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2025-03-3114074875ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-03-3114074875ns5:Secured2025-03-3114074875ns5:Secured2024-03-31140748751ns10:Director12024-03-31140748751ns10:Director12023-03-31140748751ns10:Director12024-04-012025-03-31140748751ns10:Director12023-04-012024-03-31140748751ns10:Director12025-03-31140748751ns10:Director12024-03-3114074875ns10:Director222024-03-3114074875ns10:Director222023-03-3114074875ns10:Director222024-04-012025-03-3114074875ns10:Director222023-04-012024-03-3114074875ns10:Director222025-03-3114074875ns10:Director222024-03-31140748753ns10:Director32024-03-31140748753ns10:Director32023-03-31140748753ns10:Director32024-04-012025-03-31140748753ns10:Director32023-04-012024-03-31140748753ns10:Director32025-03-31140748753ns10:Director32024-03-31140748754ns10:Director42024-03-31140748754ns10:Director42023-03-31140748754ns10:Director42024-04-012025-03-31140748754ns10:Director42023-04-012024-03-31140748754ns10:Director42025-03-31140748754ns10:Director42024-03-31
REGISTERED NUMBER: 14074875 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

VANTAGE POINT INVESTMENTS LTD

VANTAGE POINT INVESTMENTS LTD (REGISTERED NUMBER: 14074875)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


VANTAGE POINT INVESTMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Mr S J Marsland
Mr Z Nash
Mr N J Murphy
Mr D L Peterson



REGISTERED OFFICE: Vantage Point House
Silverhills Road
Decoy Industrial Estate
Newton Abbot
Devon
TQ12 5ND



REGISTERED NUMBER: 14074875 (England and Wales)



ACCOUNTANTS: Marsland Nash Associates
Chartered Tax Advisers, Accountants
and Business Consultants
Vantage Point House
Silverhills Road
Decoy Industrial Estate
Newton Abbot
Devon
TQ12 5ND



BANKERS: Natwest Plc
15 Victoria Street
Paignton
Devon
TQ4 5DE



SOLICITORS: Scott Richards Solicitors
Newfoundland House
4 Regent Street
Teignmouth
Devon
TQ14 8SL

VANTAGE POINT INVESTMENTS LTD (REGISTERED NUMBER: 14074875)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 37,116 7,805
Investment property 5 1,100,000 1,050,100
1,137,116 1,057,905

CURRENT ASSETS
Debtors 6 24,915 41,359
Cash at bank 43,704 33,068
68,619 74,427
CREDITORS
Amounts falling due within one year 7 416,433 399,738
NET CURRENT LIABILITIES (347,814 ) (325,311 )
TOTAL ASSETS LESS CURRENT LIABILITIES 789,302 732,594

CREDITORS
Amounts falling due after more than one
year

8

(678,542

)

(703,632

)

PROVISIONS FOR LIABILITIES (20,402 ) (1,951 )
NET ASSETS 90,358 27,011

CAPITAL AND RESERVES
Called up share capital 60 60
Revaluation reserve 10 33,370 -
Retained earnings 56,928 26,951
SHAREHOLDERS' FUNDS 90,358 27,011

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

VANTAGE POINT INVESTMENTS LTD (REGISTERED NUMBER: 14074875)

BALANCE SHEET - continued
31 MARCH 2025


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 25 July 2025 and were signed on its behalf by:




Mr S J Marsland - Director Mr Z Nash - Director




Mr N J Murphy - Director Mr D L Peterson - Director


VANTAGE POINT INVESTMENTS LTD (REGISTERED NUMBER: 14074875)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Vantage Point Investments Ltd 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.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance

Government grants
During the year, the company received the following Government Grants:-

Teignbridge Green Business Grant £12,961.

Grants are recognised under the Performance model.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

VANTAGE POINT INVESTMENTS LTD (REGISTERED NUMBER: 14074875)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 April 2024 429 9,333 9,762
Additions - 35,882 35,882
At 31 March 2025 429 45,215 45,644
DEPRECIATION
At 1 April 2024 86 1,871 1,957
Charge for year 69 6,502 6,571
At 31 March 2025 155 8,373 8,528
NET BOOK VALUE
At 31 March 2025 274 36,842 37,116
At 31 March 2024 343 7,462 7,805

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024 1,050,100
Additions 5,406
Revaluations 44,494
At 31 March 2025 1,100,000
NET BOOK VALUE
At 31 March 2025 1,100,000
At 31 March 2024 1,050,100

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2025 44,494
Cost 1,055,506
1,100,000

VANTAGE POINT INVESTMENTS LTD (REGISTERED NUMBER: 14074875)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


5. INVESTMENT PROPERTY - continued

If the investment property had not been revalued it would have been included at the following historical cost:

2025 2024
£    £   
Cost 1,055,506 -

The investment property was valued on an open market basis basis on 31 March 2025 by the Directors of the company .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 16,485 28,987
Amounts recoverable on contract 8,430 10,145
Directors' current accounts - 2,227
24,915 41,359

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 25,080 24,021
Trade creditors 475 11,740
Tax 2,728 1,370
VAT 6,880 7,716
MNA Ltd Intercompany account 364,672 337,957
Rent in advance 13,737 14,187
Accrued expenses 2,861 2,747
416,433 399,738

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans - 1-2 years 26,452 25,089
Bank loans - 2-5 years 88,291 83,744
Bank loans more 5 yr by instal 563,799 594,799
678,542 703,632

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 563,799 594,799

VANTAGE POINT INVESTMENTS LTD (REGISTERED NUMBER: 14074875)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank loans 703,622 727,653

The bank loan is a mortgage on the freehold property of the company. Term runs to August 2042.

10. RESERVES
Revaluation
reserve
£   
Property revaluation 33,370

At 31 March 2025 33,370

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 2024
£    £   
Mr S J Marsland
Balance outstanding at start of year 567 -
Amounts advanced 636 567
Amounts repaid (1,203 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 567

Mr Z Nash
Balance outstanding at start of year 462 -
Amounts advanced 554 462
Amounts repaid (1,016 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 462

Mr N J Murphy
Balance outstanding at start of year 701 -
Amounts advanced 775 701
Amounts repaid (1,476 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 701

VANTAGE POINT INVESTMENTS LTD (REGISTERED NUMBER: 14074875)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

Mr D L Peterson
Balance outstanding at start of year 497 -
Amounts advanced 551 497
Amounts repaid (1,048 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 497

Loans are unsecured, interest free and repayable on demand.

12. RELATED PARTY DISCLOSURES

During the period the company had a loan from Marsland Nash Associates Ltd, a company Mr S Marsland, Mr Z Nash, Mr N Murphy and Mr D Peterson, Directors, are also Directors of, details as follows:-

Balance outstanding at start of period: £337,957
Amounts advanced: £26,715
Amounts repaid: £NIL
Balance outstanding at end of period: £364,672

The loan is unsecured and repayable on demand. Interest was charged at 0.00% in the year on the credit loan balance.