Vickery Holman Limited 02953188 false 2024-07-01 2025-06-30 2025-06-30 The principal activity of the company is that of property consulting. Digita Accounts Production Advanced 6.30.9574.0 true 02953188 2024-07-01 2025-06-30 02953188 2025-06-30 02953188 bus:OrdinaryShareClass1 bus:OtherShareType 2025-06-30 02953188 core:CurrentFinancialInstruments 2025-06-30 02953188 core:CurrentFinancialInstruments core:WithinOneYear 2025-06-30 02953188 core:Non-currentFinancialInstruments core:AfterOneYear 2025-06-30 02953188 core:PatentsTrademarksLicencesConcessionsSimilar 2025-06-30 02953188 core:LandBuildings core:LongLeaseholdAssets 2025-06-30 02953188 core:PlantMachinery 2025-06-30 02953188 bus:SmallEntities 2024-07-01 2025-06-30 02953188 bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 02953188 bus:FilletedAccounts 2024-07-01 2025-06-30 02953188 bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 02953188 bus:RegisteredOffice 2024-07-01 2025-06-30 02953188 bus:Director1 2024-07-01 2025-06-30 02953188 bus:OrdinaryShareClass1 bus:OtherShareType 2024-07-01 2025-06-30 02953188 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 02953188 core:ComputerSoftware 2024-07-01 2025-06-30 02953188 core:PatentsTrademarksLicencesConcessionsSimilar 2024-07-01 2025-06-30 02953188 core:ComputerEquipment 2024-07-01 2025-06-30 02953188 core:FurnitureFittings 2024-07-01 2025-06-30 02953188 core:LandBuildings core:LongLeaseholdAssets 2024-07-01 2025-06-30 02953188 core:LeaseholdImprovements 2024-07-01 2025-06-30 02953188 core:OfficeEquipment 2024-07-01 2025-06-30 02953188 core:PlantMachinery 2024-07-01 2025-06-30 02953188 countries:EnglandWales 2024-07-01 2025-06-30 02953188 2024-06-30 02953188 core:PatentsTrademarksLicencesConcessionsSimilar 2024-06-30 02953188 core:LandBuildings core:LongLeaseholdAssets 2024-06-30 02953188 core:PlantMachinery 2024-06-30 02953188 2023-07-01 2024-06-30 02953188 2024-06-30 02953188 bus:OrdinaryShareClass1 bus:OtherShareType 2024-06-30 02953188 core:CurrentFinancialInstruments 2024-06-30 02953188 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 02953188 core:Non-currentFinancialInstruments core:AfterOneYear 2024-06-30 02953188 core:PatentsTrademarksLicencesConcessionsSimilar 2024-06-30 02953188 core:LandBuildings core:LongLeaseholdAssets 2024-06-30 02953188 core:PlantMachinery 2024-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 02953188

Vickery Holman Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 June 2025

Vickery Holman Limited

Contents

Statement of Financial Position | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 9

Vickery Holman Limited

(Registration number: 02953188)
Statement of Financial Position as at 30 June 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 21,583 | 9,662
Tangible assets | 5 | 121,678 | 116,792
|  | 143,261 | 126,454
Current assets |  |  |
Stocks | 6 | 327,956 | 288,113
Debtors | 7 | 876,604 | 1,002,393
Cash at bank and in hand |  | 303,908 | 148,299
|  | 1,508,468 | 1,438,805
Creditors: Amounts falling due within one year | 8 | (781,729) | (554,434)
Net current assets |  | 726,739 | 884,371
Total assets less current liabilities |  | 870,000 | 1,010,825
Creditors: Amounts falling due after more than one year | 8 | (7,002) | (49,022)
Provisions for liabilities |  | (33,971) | (33,971)
Net assets |  | 829,027 | 927,832
Capital and reserves |  |  |
Called up share capital | 9 | 102,943 | 105,915
Share premium reserve |  | 8,127 | 20,163
Capital redemption reserve |  | 10,788 | 10,788
Profit and loss account |  | 707,169 | 790,966
Shareholders' funds |  | 829,027 | 927,832

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Vickery Holman Limited

(Registration number: 02953188)
Statement of Financial Position as at 30 June 2025 (continued)

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the Board on 4 November 2025 and signed on its behalf by:

M A Pellow Director

Vickery Holman Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Plym House
3 Longbridge Road
Plymouth
Marsh Mills
Devon
PL6 8LT

Principal activity

The principal activity of the company is that of property consulting.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

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

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.

Vickery Holman Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

2 | Accounting policies (continued)

Revenue recognition

Turnover represents amounts chargeable to clients for professional services provided during the year, including recoverable disbursements incurred on client assignments and excluding value added tax.
Turnover is recognised when a right to consideration has been obtained through performance under each contract, and in certain instances accrues as contract activity progresses by reference to the value of work performed. In respect of transactional business, turnover is recognised where a performance condition has been met, for instance on unconditional exchange.
Turnover is not recognised where the right to receive payment is contingent on events outside of the control of the company.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Leasehold improvements | Straight line over the life of the lease
Furniture | 15% of net book value
Computer equipment | 25% straight line
Library | Nil

Vickery Holman Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

2 | Accounting policies (continued)

Impairment

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.

Intangible assets

Software costs and licenses have a finite useful life and are carried at cost less accumulated amortisation and any accumulated impairment losses.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Software | 25% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. In the statement of financial position, bank overdrafts are shown within borrowing or current liabilities

Stocks

Work in progress is the value of unbilled management and professional time deemed to be recoverable and is stated at the lower of cost less ageing provision, and net realisable value.
Cost comprises of direct staff costs.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the statement of comprehensive income over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Vickery Holman Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

2 | Accounting policies (continued)

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Recognition and measurement
A financial asset or a financial liability is recognised only when the company becomes party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 79 (2024 - 74).

4 | Intangible assets

| Software £ | Total £
Cost or valuation
At 1 July 2024 | 30,432 | 30,432
Additions acquired separately | 26,284 | 26,284
At 30 June 2025 | 56,716 | 56,716
Amortisation
At 1 July 2024 | 20,770 | 20,770
Amortisation charge | 14,363 | 14,363
At 30 June 2025 | 35,133 | 35,133
Carrying amount
At 30 June 2025 | 21,583 | 21,583
At 30 June 2024 | 9,662 | 9,662

Vickery Holman Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

5 | Tangible assets

| Land and buildings £ | Furniture and computer costs £ | Total £
Cost or valuation
At 1 July 2024 | 99,003 | 157,408 | 256,411
Additions | 11,405 | 26,646 | 38,051
At 30 June 2025 | 110,408 | 184,054 | 294,462
Depreciation
At 1 July 2024 | 47,269 | 92,350 | 139,619
Charge for the year | - | 33,165 | 33,165
At 30 June 2025 | 47,269 | 125,515 | 172,784
Carrying amount
At 30 June 2025 | 63,139 | 58,539 | 121,678
At 30 June 2024 | 51,734 | 65,058 | 116,792

Included within the net book value of land and buildings above is £63,139 (2024 - £51,734) in respect of long leasehold land and buildings.

6 | Stocks

| 2025 £ | 2024 £
Work in progress | 327,956 | 288,113

7 | Debtors

| 2025 £ | 2024 £
Trade debtors | 506,032 | 623,320
Other debtors | 14,457 | 4,579
Prepayments | 356,115 | 374,494
| 876,604 | 1,002,393

Vickery Holman Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

8 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Loans and borrowings | 42,000 | 42,000
Trade creditors | 205,044 | 57,766
Taxation and social security | 298,224 | 281,717
Accruals and deferred income | 130,181 | 155,751
Other creditors | 106,280 | 17,200
| 781,729 | 554,434

Creditors: amounts falling due after more than one year

| 2025 £ | 2024 £
Loans and borrowings | 7,002 | 49,022

9 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each of £1 each | 102,943 | 102,943 | 105,915 | 105,915

10 | Reserves

Profit and loss account:
This reserve records retained earnings and accumulated losses.

11 | Dividends

During the year dividends were paid to shareholders totalling £31,487 (2024: £37,088).

Vickery Holman Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

12 | Financial commitments, guarantees and contingencies

Amounts not provided for in the statement of financial position

The total amount of financial commitments not included in the statement of financial position is £374,929 (2024 - £466,282).