REGISTERED NUMBER: 01905770 (England and Wales)

VIPAN CARPENTER & CO LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTOR:

Mr C D Carpenter

SECRETARY:

Company Secretaries (South) Limited

REGISTERED OFFICE:

Landgate Chambers

24 Landgate

Rye

East Sussex

TN31 7LJ

REGISTERED NUMBER:

01905770 (England and Wales)

ACCOUNTANTS:

Gibbons Mannington & Phipps LLP

Chartered Accountants

Landgate Chambers

24 Landgate

Rye

East Sussex

TN31 7LJ

FIXED ASSETS

Tangible assets

4

6,735

6,224

Investments

5

1,155,132

1,182,827

1,161,867

1,189,051

CURRENT ASSETS

Debtors

6

178,332

177,176

Cash at bank

42,601

8,945

220,933

186,121

CREDITORS

Amounts falling due within one year

7

8,210

7,874

NET CURRENT ASSETS

212,723

178,247

TOTAL ASSETS LESS CURRENT LIABILITIES

1,374,590

1,367,298

PROVISIONS FOR LIABILITIES

19,080

21,066

NET ASSETS

1,355,510

1,346,232

CAPITAL AND RESERVES

Called up share capital

8

441,000

441,000

Revaluation reserve

94,125

104,650

Retained earnings

820,385

800,582

SHAREHOLDERS' FUNDS

1,355,510

1,346,232

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

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

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 director and authorised for issue on 1 September 2025 and were signed by:

Mr C D Carpenter - Director

1.	STATUTORY INFORMATION

Vipan Carpenter & Co 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.

Fixtures and fittings

-

15% on reducing balance

INVESTMENTS IN SUBSIDIARIES

Investments in subsidiary undertakings are recognised at 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.

FOREIGN CURRENCIES

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 July 2024

11,890

Additions

1,699

At 30 June 2025

13,589

DEPRECIATION

At 1 July 2024

5,666

Charge for year

1,188

At 30 June 2025

6,854

NET BOOK VALUE

At 30 June 2025

6,735

At 30 June 2024

6,224

5.	FIXED ASSET INVESTMENTS

Other

investmen

£

COST OR VALUATION

At 1 July 2024

1,182,827

Additions

94,367

Disposals

(127,975

)

Revaluations

5,913

At 30 June 2025

1,155,132

NET BOOK VALUE

At 30 June 2025

1,155,132

At 30 June 2024

1,182,827

Cost or valuation at 30 June 2025 is represented by:

Other

investmen

£

Valuation in 2018

(24,363

)

Valuation in 2019

(4,069

)

Valuation in 2020

(7,383

)

Valuation in 2021

(15,682

)

Valuation in 2022

(32,205

)

Valuation in 2023

(47,094

)

Valuation in 2024

119,698

Valuation in 2025

63,687

Cost

1,102,543

1,155,132

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

1,102,543

1,222,415

Fixed asset investments were valued on an open market basis on 30 June 2025 by the director .

Should the listed investments be sold for their market value, corporation tax of approximately £900 would be due.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,000

-

Other debtors

177,332

177,176

178,332

177,176

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

6,023

4,353

Taxation and social security

-

1,049

Other creditors

2,187

2,472

8,210

7,874

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

441,000

Ordinary

£1

441,000

441,000

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2025 and 30 June 2024:

2025

2024

£

£

Mr C D Carpenter

Balance outstanding at start of year

(312

)

(312

)

Amounts advanced

9,676

312

Amounts repaid

(9,390

)

(312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(26

)

(312

)