REGISTERED NUMBER: 12154754 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

VIP Investments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D T W Andrews

W D T Andrews

REGISTERED OFFICE:

Unit 7 Invicta Park

New Hythe Lane

Larkfield

Aylesford

Kent

ME20 7FG

REGISTERED NUMBER:

12154754 (England and Wales)

ACCOUNTANTS:

CWF & Partners Ltd

Chartered Accountants

Freedman House

Christopher Wren Yard

117 High Street

Croydon

Surrey

CR0 1QG

FIXED ASSETS

Tangible assets

5

-

501,000

Investment property

6

5,683,997

5,683,997

5,683,997

6,184,997

CURRENT ASSETS

Debtors

7

3,646,342

2,447,301

Cash at bank

446,823

407,053

4,093,165

2,854,354

CREDITORS

Amounts falling due within one year

8

5,273,549

4,780,514

NET CURRENT LIABILITIES

(1,180,384

)

(1,926,160

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,503,613

4,258,837

CREDITORS

Amounts falling due after more than one year

9

-

(40,006

)

PROVISIONS FOR LIABILITIES

-

(162,825

)

NET ASSETS

4,503,613

4,056,006

CAPITAL AND RESERVES

Called up share capital

6

6

Retained earnings

4,503,607

4,056,000

SHAREHOLDERS' FUNDS

4,503,613

4,056,006

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 December 2025 and were signed on its behalf by:

D T W Andrews - Director

1.	STATUTORY INFORMATION

VIP 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance

Investment property

The investment properties are stated at cost, which is a departure from FRS 102. The directors consider that there is inevitably a degree of judgement in valuing properties of this nature. This can only be reliably measured when tested in the market itself as there is an absence of local market evidence. For this reason the directors consider the adoption of the cost model as the best method to provide a reliable measure and to provide true and fair view for the financial statements.

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.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

668,000

Disposals

(668,000

)

At 31 March 2025

-

DEPRECIATION

At 1 April 2024

167,000

Charge for year

169,309

Eliminated on disposal

(336,309

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

501,000

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2024

350,000

Disposals

(350,000

)

At 31 March 2025

-

DEPRECIATION

At 1 April 2024

87,500

Charge for year

130,809

Eliminated on disposal

(218,309

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

262,500

6.	INVESTMENT PROPERTY

Total

£

COST

At 1 April 2024

and 31 March 2025

5,683,997

NET BOOK VALUE

At 31 March 2025

5,683,997

At 31 March 2024

5,683,997

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

3,646,342

2,447,301

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

-

152,865

Trade creditors

111,810

33,556

Taxation and social security

406,748

589,028

Other creditors

4,754,991

4,005,065

5,273,549

4,780,514

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

-

40,006

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Hire purchase contracts

-

192,871