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REGISTERED NUMBER: 12485831 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2025

FOR

THE FIRST V.I.C. PROPERTY UK LTD

THE FIRST V.I.C. PROPERTY UK LTD (REGISTERED NUMBER: 12485831) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

| Company Information | 1 |

| Abridged Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| THE FIRST V.I.C. PROPERTY UK LTD |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTOR: | Mr R Suvorau

| REGISTERED OFFICE: | 27 Old Gloucester Street

| London

| WC1N 3AX

| REGISTERED NUMBER: | 12485831 (England and Wales)

| ACCOUNTANTS: | Workwell People Solutions Limited

| 4th Floor

| Radius House

| 51 Clarendon Road

| Watford

| Hertfordshire

| WD17 1HP

THE FIRST V.I.C. PROPERTY UK LTD (REGISTERED NUMBER: 12485831) |

ABRIDGED BALANCE SHEET

31 MARCH 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investment property | 5 | 223,000 |  | 199,000 |  |

CURRENT ASSETS

Debtors | 463 |  | 1,246 |  |

Cash at bank | 1,585 |  | 4,855 |  |

2,048 |  | 6,101 |  |

CREDITORS

Amounts falling due within one year | 223,971 |  | 221,490 |  |

NET CURRENT LIABILITIES | (221,923 | ) | (215,389 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,077 |  | (16,389 | ) |

PROVISIONS FOR LIABILITIES | 4,079 |  | - |  |

NET LIABILITIES | (3,002 | ) | (16,389 | ) |

CAPITAL AND RESERVES

Called up share capital | 10,000 |  | 10,000 |  |

Fair value reserve | 17,387 |  | (2,534 | ) |

Retained earnings | (30,389 | ) | (23,855 | ) |

SHAREHOLDERS' FUNDS | (3,002 | ) | (16,389 | ) |

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 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 FIRST V.I.C. PROPERTY UK LTD (REGISTERED NUMBER: 12485831) |

ABRIDGED BALANCE SHEET - continued

31 MARCH 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 December 2025 and were signed by:

Mr R Suvorau - Director

THE FIRST V.I.C. PROPERTY UK LTD (REGISTERED NUMBER: 12485831) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| The First V.i.c. Property Uk Ltd 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. | 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

| At the balance sheet date, the company's liabilities exceed its assets. The company has received assurances from its shareholders that they will continue to give full financial support to the company for the next twelve months.

| 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.

4. | EMPLOYEES AND DIRECTORS

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

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 April 2024 | 199,000 |  |

| Revaluations | 24,000 |  |

| At 31 March 2025 | 223,000 |  |

| NET BOOK VALUE

| At 31 March 2025 | 223,000 |  |

| At 31 March 2024 | 199,000 |  |

THE FIRST V.I.C. PROPERTY UK LTD (REGISTERED NUMBER: 12485831) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

5. | INVESTMENT PROPERTY - continued

| Fair value at 31 March 2025 is represented by:

£ |

| Valuation in 2024 | (2,534 | ) |

| Valuation in 2025 | 24,000 |  |

| Cost | 201,534 |  |

223,000 |  |

6. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 | 2024 |

£ | £ |

| Mr S Pikker

| Balance outstanding at start of year | (259 | ) | (1,662 | ) |

| Amounts advanced | 764 |  | 2,959 |  |

| Amounts repaid | (936 | ) | (1,556 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (431 | ) | (259 | ) |

7. | RELATED PARTY DISCLOSURES

| A company in which Mr S Pikker is the Director and the Shareholder, Esteemed Estate Ltd, is paid management fees of £964.17 during the year.