Victoria Warehouse Group Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10748245

Victoria Warehouse Group Limited

Filleted Unaudited Financial Statements

31 May 2025

Victoria Warehouse Group Limited

Financial Statements

Year ended 31 May 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Victoria Warehouse Group Limited

Statement of Financial Position

31 May 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	4	1,500	1,500
Investments	5	290,451	290,551
		---------	---------
		291,951	292,051

Current assets

Debtors	6	5,162,907		3,034,684

Creditors: amounts falling due within one year	7	3,598,194		2,874,361
		------------		------------
Net current assets			1,564,713		160,323
			------------		---------
Total assets less current liabilities			1,856,664		452,374

Creditors: amounts falling due after more than one year	8	1,072,530	318,140
		------------	---------
Net assets		784,134	134,234
		------------	---------

Capital and reserves

Called up share capital	10,000	10,000
Profit and loss account	774,134	124,234
	---------	---------
Shareholders funds	784,134	134,234
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Victoria Warehouse Group Limited

Statement of Financial Position (continued)

31 May 2025

These financial statements were approved by the board of directors and authorised for issue on 30 September 2025 , and are signed on behalf of the board by:

Mr J. Cohen
Director

Company registration number: 10748245

Victoria Warehouse Group Limited

Notes to the Financial Statements

Year ended 31 May 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Trafford Wharf Road, Stretford, Manchester, M17 1AB, UK.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Investments in associates

Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.

Investments in joint ventures

Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venture arising before or after the date of acquisition.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

4. Tangible assets

	Fixtures and fittings
	£
Cost
At 1 June 2024 and 31 May 2025	1,500
	-------
Depreciation
At 1 June 2024 and 31 May 2025	–
	-------
Carrying amount
At 31 May 2025	1,500
	-------
At 31 May 2024	1,500
	-------

5. Investments

	Shares in group undertakings
	£
Cost
At 1 June 2024	290,551
Shares in group undertakings	1,454,668
Disposals	( 1,454,768)
	------------
At 31 May 2025	290,451
	------------
Impairment
At 1 June 2024 and 31 May 2025	–
	------------

Carrying amount
At 31 May 2025	290,451
	------------
At 31 May 2024	290,551
	------------

The company owns 100% of the issued share capital of following companies;

VW Music Limited

VW Corporate Limited

Grape and Grain Catering Limited

VW Hotel Limited

Raw Training and Security Limited

Security Master London Limited

Inquest Canine Detection & Security Limited

All seven companies were incorporated in the United Kingdom.

6. Debtors

	2025	2024
	£	£
Trade debtors	–	( 14,983)
Amounts owed by group undertakings and undertakings in which the company has a participating interest	3,043,239	2,973,219
Other debtors	2,119,668	76,448
	------------	------------
	5,162,907	3,034,684
	------------	------------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	1,559,078	1,187,409
Trade creditors	1,359	31,183
Amounts owed to group undertakings and undertakings in which the company has a participating interest	1,751,308	1,627,879
Social security and other taxes	4,598	–
Other creditors	281,851	27,890
	------------	------------
	3,598,194	2,874,361
	------------	------------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	672,530	318,140
Other creditors	400,000	–
	------------	---------
	1,072,530	318,140
	------------	---------