REGISTERED NUMBER: 08743817 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

VNM Wood Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A Stylianou

SECRETARY:

Ms M Papadopoulos

REGISTERED OFFICE:

Freedman House

Christopher Wren Yard

117 High Street

Croydon

Surrey

CR0 1QG

REGISTERED NUMBER:

08743817 (England and Wales)

ACCOUNTANTS:

CWF & Partners Ltd

Chartered Accountants

Freedman House

Christopher Wren Yard

117 High Street

Croydon

Surrey

CR0 1QG

FIXED ASSETS

Investments

5

892,732

892,732

CURRENT ASSETS

Debtors

6

808,216

808,216

CREDITORS

Amounts falling due within one year

7

1,854,295

1,855,658

NET CURRENT LIABILITIES

(1,046,079

)

(1,047,442

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(153,347

)

(154,710

)

CAPITAL AND RESERVES

Called up share capital

8

1,613

1,613

Retained earnings

9

(154,960

)

(156,323

)

SHAREHOLDERS' FUNDS

(153,347

)

(154,710

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 26 September 2025 and were signed by:

A Stylianou - Director

1.	STATUTORY INFORMATION

VNM Wood Company 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.

The presentation currency of the financial statements is the US Dollar ($).

The company maintains a place of business in Cyprus at Renatou Kartesiou, 17 Agios Athanasios, 4105, Limassol, Cyprus.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the recognition of certain financial assets and liabilities measured at fair value.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Foreign currencies

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

4.	EMPLOYEES AND DIRECTORS

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

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

$

COST

At 1 January 2024

and 31 December 2024

892,732

NET BOOK VALUE

At 31 December 2024

892,732

At 31 December 2023

892,732

The company's investments at the Balance Sheet date in the share capital of companies include the following:

LLC Agroderev

Registered office: Ukraine

Nature of business: Wood processing

%

Class of shares:

holding

Ordinary

95.50

31.12.24

31.12.23

$

$

Aggregate capital and reserves

906,435

997,473

Profit for the year

81,388

99,460

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

$

$

Other debtors

808,216

808,216

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

$

$

Amounts owed to group undertakings

1,841,316

1,850,771

Other creditors

12,979

4,887

1,854,295

1,855,658

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

$

$

1,000

Ordinary

£1

1,613

1,613

9.

RESERVES

Retained

earnings

$

At 1 January 2024

(156,323

)

Profit for the year

1,363

At 31 December 2024

(154,960

)