Company No: 00794480 (England and Wales)

Contents

• Company Information
• Statement of Financial Position
• Notes to the Financial Statements

DIRECTORS	J Moore
	S Tustin
	B Vigus
	C Vigus

SECRETARY

S Tustin

REGISTERED OFFICE	Chelsing Farm
	Tonwell
	Ware
	Herts
	SG12 0LA
	United Kingdom

COMPANY NUMBER

00794480 (England and Wales)

ACCOUNTANT	S&W Partners (East) LLP
	Stonecross
	Trumpington High Street
	Cambridge
	CB2 9SU

BANKERS	Lloyds TSB Bank plc
	25 Gresham Street
	Moorgate
	London
	EC2V 7HN

SOLICITORS	Crane & Staples
	Longcroft House
	Fretherne Road
	Welwyn Garden City
	Hertfordshire
	AL8 6TU

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	210,333		231,253
		210,333		231,253
Current assets
Stocks	4	134,768		156,891
Debtors	5	25,925		11,424
Cash at bank and in hand		88,231		95,817
		248,924		264,132
Creditors: amounts falling due within one year	6	( 20,724)		( 8,852)
Net current assets		228,200		255,280
Total assets less current liabilities		438,533		486,533
Provision for liabilities	7	( 11,697)		( 24,847)
Net assets		426,836		461,686
Capital and reserves
Called-up share capital	8	107,000		107,000
Profit and loss account		319,836		354,686
Total shareholders' funds		426,836		461,686

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of C. F. Vigus Limited (registered number: 00794480) were approved and authorised for issue by the Board of Directors on 24 December 2025. They were signed on its behalf by:

C Vigus Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

C. F. Vigus Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Chelsing Farm, Tonwell, Ware, Herts, SG12 0LA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of C. F. Vigus Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

These financial statements are separate financial statements.

Going concern

The financial statements have been prepared on a going concern basis.

The directors have made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Sale of goods:

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
- the company has transferred the significant risks and rewards of ownership to the buyer;
- the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
- the amount of revenue can be measured reliably;
- it is probable that the company will receive the consideration due under the transaction; and
- the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on enacted or substantively enacted tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements	10 years straight line
Vehicles	15 - 30 % reducing balance
Fixtures and fittings	15 % reducing balance
Tools and equipment	15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of overheads. Stocks are valued by an external valuer.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Statement of Financial Position date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	5		5

3. Tangible assets

	Leasehold improve- ments		Vehicles		Fixtures and fittings		Tools and equipment		Total
	£		£		£		£		£
Cost
At 01 April 2024	39,000		441,176		12,847		199,148		692,171
Additions	14,749		0		0		0		14,749
At 31 March 2025	53,749		441,176		12,847		199,148		706,920
Accumulated depreciation
At 01 April 2024	15,763		309,693		5,707		129,755		460,918
Charge for the financial year	3,900		20,290		1,071		10,408		35,669
At 31 March 2025	19,663		329,983		6,778		140,163		496,587
Net book value
At 31 March 2025	34,086		111,193		6,069		58,985		210,333
At 31 March 2024	23,237		131,483		7,140		69,393		231,253

4. Stocks

	2025		2024
	£		£
Work in progress	71,642		77,716
Finished goods	63,126		79,175
	134,768		156,891

5. Debtors

	2025		2024
	£		£
Amounts owed by directors	700		0
Prepayments and accrued income	24,606		9,496
VAT recoverable	619		1,928
	25,925		11,424

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Other taxation and social security	328		737
Other creditors	20,396		8,115
	20,724		8,852

7. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	( 24,847)		( 31,962)
Credited to the Statement of Income and Retained Earnings	13,150		7,115
At the end of financial year	( 11,697)		( 24,847)

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
27,000 Ordinary shares of £ 1.00 each	27,000		27,000
80,000 Preference shares of £ 1.00 each	80,000		80,000
	107,000		107,000

9. Related party transactions

During the year, the Company paid rent of £0 (2024: £5,500), to the directors.