REGISTERED NUMBER: 13652025 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

VIGUS ASSOCIATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs A T Newhouse

A K Newhouse

D J Newhouse

REGISTERED OFFICE:

Chandler House

7 Ferry Road Office Park

Riversway

Preston

Lancashire

PR2 2YH

REGISTERED NUMBER:

13652025 (England and Wales)

ACCOUNTANTS:

Wallwork Nelson & Johnson

Chandler House

7 Ferry Road Office Park

Riversway

Preston

Lancashire

PR2 2YH

FIXED ASSETS

Tangible assets

4

834,998

834,998

CURRENT ASSETS

Debtors

5

255,444

100,547

Cash at bank

92,215

8,813

347,659

109,360

CREDITORS

Amounts falling due within one year

6

666,240

393,661

NET CURRENT LIABILITIES

(318,581

)

(284,301

)

TOTAL ASSETS LESS CURRENT LIABILITIES

516,417

550,697

CREDITORS

Amounts falling due after more than one year

7

-

(191,958

)

PROVISIONS FOR LIABILITIES

(20,900

)

(20,900

)

NET ASSETS

495,517

337,839

CAPITAL AND RESERVES

Called up share capital

300

300

Fair value reserve

8

89,098

89,098

Retained earnings

406,119

248,441

SHAREHOLDERS' FUNDS

495,517

337,839

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 13 October 2025 and were signed on its behalf by:

D J Newhouse - Director

Mrs A T Newhouse - Director

A K Newhouse - Director

1.	STATUTORY INFORMATION

Vigus Associates 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

Amounts in Turnover relate to rents received net of value added tax which are recognised on the accruals basis.

Tangible fixed assets

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

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.

Going concern

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 April 2024

and 31 March 2025

834,998

NET BOOK VALUE

At 31 March 2025

834,998

At 31 March 2024

834,998

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Other debtors

255,444

100,547

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans and overdrafts

32,322

76,279

Amounts owed to group undertakings

598,100

317,215

Taxation and social security

35,818

167

666,240

393,661

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans

-

191,958

8.

RESERVES

Fair

value

reserve

£

At 1 April 2024

and 31 March 2025

89,098

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31/3/25

31/3/24

£

£

Mrs A T Newhouse

Balance outstanding at start of year

29,373

-

Amounts repaid

(29,373

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

47,370

29,373

A K Newhouse

Balance outstanding at start of year

15,434

-

Amounts repaid

(15,434

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

9,178

15,434

D J Newhouse

Balance outstanding at start of year

16,940

-

Amounts repaid

(16,940

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

10,096

16,940

10.	RELATED PARTY DISCLOSURES

At 31 March 2025 the company owed £598,099 (2024: £317,214) to Hunkydory Group Limited.