REGISTERED NUMBER: 09288479 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

Vale Finance and Investment Group

Limited

Previously known as

Vale Property Investment

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S A C Morton

Ms L C Morton

C J Shelbourne

REGISTERED OFFICE:

Belton Park

Londonthorpe Road

Grantham

Lincolnshire

NG31 9SJ

REGISTERED NUMBER:

09288479 (England and Wales)

SENIOR STATUTORY AUDITOR:

Matthew Chadwick BA (Hons) FCA

AUDITORS:

Wright Vigar Limited

Statutory Auditors

Chartered Accountants & Business Advisers

15 Newland

Lincoln

Lincolnshire

LN1 1XG

FIXED ASSETS

Investments

4

13,733,319

-

Investment property

5

-

3,079,661

13,733,319

3,079,661

CURRENT ASSETS

Debtors

6

-

235,002

Cash at bank

14,355

67,333

14,355

302,335

CREDITORS

Amounts falling due within one year

7

9,264

2,683,685

NET CURRENT ASSETS/(LIABILITIES)

5,091

(2,381,350

)

TOTAL ASSETS LESS CURRENT LIABILITIES

13,738,410

698,311

PROVISIONS FOR LIABILITIES

8

-

123,438

NET ASSETS

13,738,410

574,873

CAPITAL AND RESERVES

Called up share capital

9

13,733,219

100

Retained earnings

- undistributable

10

-

413,800

Retained earnings

10

5,191

160,973

SHAREHOLDERS' FUNDS

13,738,410

574,873

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 27 October 2025 and were signed on its behalf by:

S A C Morton - Director

1.	STATUTORY INFORMATION

Vale Finance and Investment Group 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 Pound Sterling (£).

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.

Preparation of consolidated financial statements

The financial statements contain information about Vale Finance and Investment Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents rents charged to tenants, turnover is recognised based on the period it related to.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Financial instruments

Only basic financial instruments as defined in FRS 102 are held. Financial assets and financial liabilities are

recognised in the accounts only when the entity becomes party to the contractual provisions of the instrument and their measurement basis is as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments.

Cash at bank is classified as a basic financial instrument and is measured at transaction price.

Financial liabilities - trade creditors, accruals and other creditors are basic financial instruments, and are measured at amortised cost. Where a financial liability constitutes a financing transaction it is initially and subsequently measured at the present value of future payments, discounted at a market rate of interest.

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. Furthermore, timing differences also include expected chargeable gains on revalued investment property.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

13,733,319

At 31 March 2025

13,733,319

NET BOOK VALUE

At 31 March 2025

13,733,319

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

3,079,661

Disposals

(3,079,661

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

3,079,661

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

300

Other debtors

-

234,702

-

235,002

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1

4,380

Amounts owed to group undertakings

2,950

-

Taxation and social security

6,313

716

Other creditors

-

2,678,589

9,264

2,683,685

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax on fair value

adjustment

-

123,438

-

123,438

Deferred

tax

£

Balance at 1 April 2024

123,438

Transferred to group company

(119,604

)

Released to profit and loss

(3,834

)

Balance at 31 March 2025

-

During the year, deferred tax liabilities amounting to £119,604 were transferred to Vale Group Investment Limited. These transfers were effected as part of an internal group restructuring and reflects the reallocation of tax attributes in line with the revised operational structure.

The transfers have been accounted for in accordance with FRS 102, and no gain or loss has been recognised in the consolidated financial statements. The deferred tax balances transferred relate primarily to property revaluations.

The transactions do not affect the Group's overall tax position due to the common control exemption under the Corporation Tax Act 2010 (CTA 2010).

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

13,733,219

Ordinary

£1

13,733,219

100

13,733,119 Ordinary shares of £1 each were allotted and fully paid for cash at par during the year.

10.

RESERVES

Retained

Retained

earnings

earnings

- undistributable

Totals

£

£

£

At 1 April 2024

160,973

413,800

574,773

Profit for the year

87,569

87,569

Dividends

(657,151

)

(657,151

)

Transfer revaluation

413,800

(413,800

)

-

At 31 March 2025

5,191

-

5,191

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Matthew Chadwick BA (Hons) FCA (Senior Statutory Auditor)

for and on behalf of Wright Vigar Limited

12.	ULTIMATE CONTROLLING PARTY