REGISTERED NUMBER: 11770417 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2025

for

VICTORIAN INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

Mr V V Le Vesconte

Registered office:

3rd Floor

86-90 Paul Street

London

EC2A 4NE

Registered number:

11770417 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Tangible assets

4

-

-

Investments

5

60

60

60

60

Current assets

Debtors

6

1,400,838

1,427,005

Investments

7

7,399,124

6,711,951

Cash at bank

14,862

155,533

8,814,824

8,294,489

Creditors

Amounts falling due within one year

8

5,765,110

5,952,196

Net current assets

3,049,714

2,342,293

Total assets less current liabilities

3,049,774

2,342,353

Provisions for liabilities

550,847

421,668

Net assets

2,498,927

1,920,685

Capital and reserves

Called up share capital

10

100

100

Retained earnings

2,498,827

1,920,585

Shareholders' funds

2,498,927

1,920,685

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 October 2025 and were signed by:

Mr V V Le Vesconte - Director

1.	Statutory information

Victorian Investments 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 Victorian Investments 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.

Key source of estimation, uncertainty and judgement

The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

There is estimation uncertainty in calculating deferred tax. A full line by line review of deferred tax is carried out by management regularly. Whilst every attempt is made to ensure that the deferred tax is as accurate as possible, there remains a risk that the provisions do not match the actual tax liability when asset is disposed of.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

Straight line over 3 years

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Investments

Listed investments are shown at fair value. Gains and losses on revaluation are recognised in the profit and loss account.

3.	Employees and directors

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

4.	Tangible fixed assets

Computer

equipment

£

Cost

At 1 February 2024

and 31 January 2025

3,029

Depreciation

At 1 February 2024

and 31 January 2025

3,029

Net book value

At 31 January 2025

-

At 31 January 2024

-

5.	Fixed asset investments

Shares in

group

undertakings

£

Cost

At 1 February 2024

and 31 January 2025

60

Net book value

At 31 January 2025

60

At 31 January 2024

60

6.

Debtors: amounts falling due within one year

2025

2024

£

£

Amounts owed by group undertakings

509,211

499,914

Other debtors

888,479

924,606

Prepayments and accrued income

3,148

2,485

1,400,838

1,427,005

7.	Current asset investments

2025

2024

£

£

Listed investments

7,399,124

6,711,951

8.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

1,105,995

953,968

Tax

37,880

27,913

Directors' current accounts

4,603,158

4,953,879

Accrued expenses

18,077

16,436

5,765,110

5,952,196

9.	Secured debts

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdrafts

1,105,995

953,968

The loan referred to above is secured by a fixed charge and contains a negative pledge.

10.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

11.	Director's advances, credits and guarantees

At the year-end, the company owed the director £4,603,158 (2024: £4,953,879). The loan is interest free and repayable on demand.

12.	Related party disclosures