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REGISTERED NUMBER: 10767278 (England and Wales)

| FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MAY 2025 |

| FOR |

| VESTGROVE LIMITED |

VESTGROVE LIMITED (REGISTERED NUMBER: 10767278)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

Page |

Company Information | 1 |

Chartered Accountants' Report | 2 |

Balance Sheet | 3 |

Notes to the Financial Statements | 5 |

VESTGROVE LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MAY 2025

| DIRECTOR: | Mr S Sehgal

| REGISTERED OFFICE: | 505 Pinner Road

| Harrow

| Middlesex

| HA2 6EH

| REGISTERED NUMBER: | 10767278 (England and Wales)

| ACCOUNTANTS: | Sterling Accounting & Bookkeeping Services Limited

| t/a Sterling

| Chartered Accountants

| 505 Pinner Road

| Harrow

| Middlesex

| HA2 6EH

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR

ON THE UNAUDITED FINANCIAL STATEMENTS OF

VESTGROVE LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Vestgrove Limited for the year ended 31 May 2025 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Vestgrove Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Vestgrove Limited and state those matters that we have agreed to state to the director of Vestgrove Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Vestgrove Limited and its director for our work or for this report.

It is your duty to ensure that Vestgrove Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Vestgrove Limited. You consider that Vestgrove Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Vestgrove Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Sterling Accounting & Bookkeeping Services Limited

t/a Sterling

Chartered Accountants

505 Pinner Road

Harrow

Middlesex

HA2 6EH

2 September 2025

VESTGROVE LIMITED (REGISTERED NUMBER: 10767278)

BALANCE SHEET

31 MAY 2025

| 2025 | 2024 |

| Notes | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 53,568 |  | 66,960 |  |

Investment property | 5 | 2,150,000 |  | 2,150,000 |  |

2,203,568 |  | 2,216,960 |  |

CURRENT ASSETS

Debtors | 6 | 111,262 |  | 9,381 |  |

Cash at bank and in hand | 7,806 |  | 4,258 |  |

119,068 |  | 13,639 |  |

CREDITORS

Amounts falling due within one year | 7 | 1,193,609 |  | 1,090,539 |  |

NET CURRENT LIABILITIES | (1,074,541 | ) | (1,076,900 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,129,027 |  | 1,140,060 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (959,299 | ) | (981,316 | ) |

PROVISIONS FOR LIABILITIES | 10 | (43,792 | ) | (61,852 | ) |

NET ASSETS | 125,936 |  | 96,892 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 11 | 125,836 |  | 96,792 |  |

125,936 |  | 96,892 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

VESTGROVE LIMITED (REGISTERED NUMBER: 10767278)

BALANCE SHEET - continued

31 MAY 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 September 2025 and were signed by:

Mr S Sehgal - Director

VESTGROVE LIMITED (REGISTERED NUMBER: 10767278)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

1. | STATUTORY INFORMATION

| Vestgrove 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 represents rent receivable, net of value added tax.

| Turnover is recognised when the company has a right to consideration.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Motor Vehicle - 20% on reducing balance

| Investment property

| Investment properties are properties which are held either to earn rental income or for capital appreciation or for both. Investment properties are recognised initially at cost.

| Subsequent to initial recognition:

| Investment properties whose fair value can be measured reliably without undue cost or effort are held at fair value. Any gains or losses arising from changes in the fair value are recognised in profit or loss in the period that they arise.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

VESTGROVE LIMITED (REGISTERED NUMBER: 10767278)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2025

2. | ACCOUNTING POLICIES - continued

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| Interest receivable and interest payable

| Interest receivable and interest payable are recognised in profit or loss as they accrue, using the effective interest method.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

4. | TANGIBLE FIXED ASSETS

| Motor

| vehicles

£ |

| COST

| At 1 June 2024

| and 31 May 2025 | 74,400 |  |

| DEPRECIATION

| At 1 June 2024 | 7,440 |  |

| Charge for year | 13,392 |  |

| At 31 May 2025 | 20,832 |  |

| NET BOOK VALUE

| At 31 May 2025 | 53,568 |  |

| At 31 May 2024 | 66,960 |  |

VESTGROVE LIMITED (REGISTERED NUMBER: 10767278)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2025

4. | TANGIBLE FIXED ASSETS - continued

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Motor

| vehicles

£ |

| COST

| At 1 June 2024

| and 31 May 2025 | 74,400 |  |

| DEPRECIATION

| At 1 June 2024 | 7,440 |  |

| Charge for year | 13,392 |  |

| At 31 May 2025 | 20,832 |  |

| NET BOOK VALUE

| At 31 May 2025 | 53,568 |  |

| At 31 May 2024 | 66,960 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 June 2024

| and 31 May 2025 | 2,150,000 |  |

| NET BOOK VALUE

| At 31 May 2025 | 2,150,000 |  |

| At 31 May 2024 | 2,150,000 |  |

| During the year the valuations for the investment properties were updated by the directors based on advice from their property agent and their knowledge of the local property and rental markets.

| Fair value at 31 May 2025 is represented by:

£ |

| Valuation in 2023 | 236,820 |  |

| Cost | 1,913,180 |  |

2,150,000 |  |

VESTGROVE LIMITED (REGISTERED NUMBER: 10767278)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2025

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | - |  | 6,667 |  |

| Amounts owed by associates | 108,485 |  | - |  |

| Other debtors | 2,777 |  | 2,714 |  |

111,262 |  | 9,381 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 13,025 |  | 10,744 |  |

| Hire purchase contracts | 8,768 |  | 8,768 |  |

| Trade creditors | - |  | 240 |  |

| Amounts owed to associates | 1,068,388 |  | 1,068,388 |  |

| Other creditors | 103,428 |  | 2,399 |  |

1,193,609 |  | 1,090,539 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | 910,538 |  | 925,067 |  |

| Hire purchase contracts | 48,761 |  | 56,249 |  |

959,299 |  | 981,316 |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | 923,175 |  | 935,811 |  |

| The company has secured bank loans against the company's freehold investment property. The loans are repayable within 5 years with an interest rate ranging from 3.95% to 4.15% per annum.

10. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax | 43,792 |  | 61,852 |  |

VESTGROVE LIMITED (REGISTERED NUMBER: 10767278)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2025

10. | PROVISIONS FOR LIABILITIES - continued

| Deferred |

| tax |

£ |

| Balance at 1 June 2024 | 61,852 |  |

| Movement for the year | (18,060 | ) |

| Balance at 31 May 2025 | 43,792 |  |

11. | RESERVES

| Retained earnings is made of undistributable profit and loss reserves of £191,708 (2024: £191,708).

12. | RELATED PARTY DISCLOSURES

| Other creditors include amounts due to Sehgal Property Partnership £1,068,388 (2024 : £1,068,388) the business in which one of the directors has a beneficial interest. The amounts due are interest-free and payable on demand.

| Other debtors include amounts due by Coco Leisure Ltd £7,385 (2024 : £Nil) the business in which one of the directors has a beneficial interest. The amounts due are interest-free and payable on demand.

| Other debtors include amounts due by Coco gardens ltd £101,100 (2024 : £Nil) the business in which one of the directors has a beneficial interest. The amounts due are interest-free and payable on demand.