REGISTERED NUMBER: 15452863 (England and Wales)

Financial Statements

for the Period

30 January 2024 to 31 March 2025

for

Vale Group 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:

15452863 (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

1,346,780

Investment property

5

7,201,850

8,548,630

CURRENT ASSETS

Debtors

6

29,334

Cash at bank

2,409,618

2,438,952

CREDITORS

Amounts falling due within one year

7

10,710,796

NET CURRENT LIABILITIES

(8,271,844

)

TOTAL ASSETS LESS CURRENT LIABILITIES

276,786

PROVISIONS FOR LIABILITIES

8

337,787

NET LIABILITIES

(61,001

)

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

(61,101

)

SHAREHOLDERS' FUNDS

(61,001

)

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 Group Investment 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 presentational 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 as modified by the revaluation of certain assets.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 period 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 period 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.

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.

Investments

Investments are shown at the lower of cost or net realisable value and any impairment of value will be recognised in the income statement. The difference between the fair value of the investments and their cost is not considered material.

Going concern

The accounts have been prepared on a going concern basis which assumes that the director(s) and ultimate parent company will continue to support the company. If this support was not to continue, then this basis may not be appropriate.

As at 31 March 2025, the company's net current liabilities exceeded its net current assets by £8,271,844.

Should the company then not be able to continue trading, adjustments to the value of assets would be needed to provide for any further liabilities which might arise and to reclassify fixed assets and long term liabilities as current assets and liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	FIXED ASSET INVESTMENTS

Listed

investments

£

COST OR VALUATION

Additions

1,444,846

Disposals

(6,779

)

Revaluations

(91,287

)

At 31 March 2025

1,346,780

NET BOOK VALUE

At 31 March 2025

1,346,780

Cost or valuation at 31 March 2025 is represented by:

Listed

investments

£

Valuation in 2025

(91,287

)

Cost

1,438,067

1,346,780

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

7,136,141

Revaluations

65,709

At 31 March 2025

7,201,850

NET BOOK VALUE

At 31 March 2025

7,201,850

Fair value at 31 March 2025 is represented by:

£

Valuation in 2025

65,709

Cost

7,136,141

7,201,850

The investment properties held by the company at the reporting date have been measured at fair value in accordance with Section 16 of FRS 102.

Winkworth has valued the investment properties on an open market basis where the firm has relevant professional qualifications and recent experience in the location and category of the investment property.

Bickford Limited has valued the investment properties on an open market basis where the individual has no relevant professional qualification but has recent and long term experience of the geographical location where the properties are held and in the type of properties held.

Just Lettings has valued the investment properties on an open market basis where the firm has relevant professional qualifications and recent experience in the location and category of the investment property.

Poyntons has valued the investment properties on an open market basis where the firm has relevant professional qualifications and recent experience in the location and category of the investment property.

The valuation of one of the investment properties were performed by the directors using market data and comparable property transactions, with reference to external sources where available. No independent valuation was obtained. The directors consider that the fair value reflects the current market conditions and the characteristics of the property.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

263

Amounts owed by group undertakings

2,950

Other debtors

26,121

29,334

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

57,982

Amounts owed to group undertakings

10,636,141

Taxation and social security

3,181

Other creditors

13,492

10,710,796

8.	PROVISIONS FOR LIABILITIES

£

Deferred tax

337,787

Deferred

tax

£

Transfer from group companies

322,515

Property valuation

15,272

Balance at 31 March 2025

337,787

During the year, deferred tax liabilities amounting to £322,515 were transferred to Vale Investment Group 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

value:

£

100

Ordinary voting

£1

100

100 Ordinary voting shares of £1 each were allotted and fully paid for cash at par during the period.

10.	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

11.	ULTIMATE CONTROLLING PARTY