REGISTERED NUMBER: 02954579 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

VEGA SOLUTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D I Collings

Mrs A M Collings

SECRETARY:

Mrs C H Hyde

REGISTERED OFFICE:

Lyra Stables

Wasing Road

Brimpton

Reading

Berks

RG7 4TG

REGISTERED NUMBER:

02954579 (England and Wales)

ACCOUNTANTS:

C B Heslop & Company Limited

Chartered Accountants

1 High Street

Thatcham

Berks

RG19 3JG

BANKERS:

HSBC

23/24 Paddington House

Festival Place

Basingstoke

Hampshire

RG21 7LJ

FIXED ASSETS

Tangible assets

4

17,350

20,902

CURRENT ASSETS

Debtors

5

369,670

359,970

Cash at bank and in hand

406,852

320,324

776,522

680,294

CREDITORS

Amounts falling due within one year

6

365,590

360,806

NET CURRENT ASSETS

410,932

319,488

TOTAL ASSETS LESS CURRENT LIABILITIES

428,282

340,390

CAPITAL AND RESERVES

Called up share capital

16,000

16,000

Share premium

500

500

Capital redemption reserve

9,000

9,000

Retained earnings

402,782

314,890

428,282

340,390

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 October 2025 and were signed on its behalf by:

Mr D I Collings - Director

1.	STATUTORY INFORMATION

Vega Solutions 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.

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.

Turnover

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

Tangible fixed assets

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

Improvements to property

-

20% on cost

Fixtures and fittings

-

10% on cost

Office equipment

-

33% on cost

Taxation

The company is now non-resident for UK tax purposes and is therefore not liable to UK tax. The company is tax resident in Guernsey.

Pension costs and other post-retirement benefits

The company makes contributions to defined contribution schemes. The amounts paid for the year are charged in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Office

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

50,557

40,330

88,651

179,538

Additions

-

2,050

4,199

6,249

At 31 March 2025

50,557

42,380

92,850

185,787

DEPRECIATION

At 1 April 2024

50,557

29,696

78,383

158,636

Charge for year

-

4,887

4,914

9,801

At 31 March 2025

50,557

34,583

83,297

168,437

NET BOOK VALUE

At 31 March 2025

-

7,797

9,553

17,350

At 31 March 2024

-

10,634

10,268

20,902

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

368,405

354,548

Other debtors

1,265

5,422

369,670

359,970

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

3,222

12,913

Taxation and social security

19,120

15,988

Other creditors

343,248

331,905

365,590

360,806

7.	CONTINGENT LIABILITIES

There were no contingent liabilities at 31 March 2025 or 31 March 2024.

8.	ULTIMATE CONTROLLING PARTY

On 4 November 2021, 100% of the registered share capital was purchased by Vazon Bidco Limited, a Guernsey Registered Company, which is now the controlling party.

9.

DIVIDENDS

Dividends paid during the period amounted to £297,474.