REGISTERED NUMBER: 01584278 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

Victor Investments & Securities Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Linton

J M Linton

SECRETARY:

R Linton

REGISTERED OFFICE:

18 Sandmoor Drive

Leeds

LS17 7DG

REGISTERED NUMBER:

01584278 (England and Wales)

ACCOUNTANTS:

Malcolm Jones & Co LLP

Accountants and Business Advisors

West Hill House

Allerton Hill

Chapel Allerton

Leeds

LS7 3QB

FIXED ASSETS

Tangible assets

4

999

104,280

Investments

5

1,922,821

1,571,649

Investment property

6

6,712,600

7,130,000

8,636,420

8,805,929

CURRENT ASSETS

Debtors

7

222,300

193,796

Cash at bank

199,637

136,688

421,937

330,484

CREDITORS

Amounts falling due within one year

8

294,276

205,447

NET CURRENT ASSETS

127,661

125,037

TOTAL ASSETS LESS CURRENT LIABILITIES

8,764,081

8,930,966

CREDITORS

Amounts falling due after more than one year

9

(4,586,880

)

(4,586,880

)

PROVISIONS FOR LIABILITIES

(55,951

)

(128,426

)

NET ASSETS

4,121,250

4,215,660

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Revaluation reserve

11

25,566

317,573

Retained earnings

4,094,684

3,897,087

SHAREHOLDERS' FUNDS

4,121,250

4,215,660

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 January 2026 and were signed on its behalf by:

R Linton - Director

1.	STATUTORY INFORMATION

Victor Investments & Securities 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.	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 as modified by the revaluation of certain assets.

Turnover

Turnover comprises the value of rents charged exclusive of value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

Investment property

Certain of the company's properties are held for long term investment. Investment properties are accounted for as follows:

No depreciation is provided in respect of investment properties and they are revalued annually. The surplus or deficit on revaluation is recognised in the Statement of Comprehensive Income, and is then transferred to the revaluation reserve.

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.

Listed investments

Listed investments are valued at mid-market prices at each financial year end.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

121,007

Additions

312

Disposals

(117,453

)

At 30 April 2025

3,866

DEPRECIATION

At 1 May 2024

16,727

Charge for year

572

Eliminated on disposal

(14,432

)

At 30 April 2025

2,867

NET BOOK VALUE

At 30 April 2025

999

At 30 April 2024

104,280

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 May 2024

1,571,649

Additions

1,584,210

Disposals

(1,248,246

)

Share of profit/(loss)

15,208

At 30 April 2025

1,922,821

NET BOOK VALUE

At 30 April 2025

1,922,821

At 30 April 2024

1,571,649

6.	INVESTMENT PROPERTY

Land and buildings are shown at the directors valuations.

Please note that the valuation shown below at 2008 is the accumulation of valuations to that date and all valuations are net of properties subsequently disposed of.

Fair value at 30 April 2025 is represented by:

£

Valuation in 2014

396,363

Valuation in 2017

98,761

Valuation in 2018

200,687

Valuation in 2019

3,455

Valuation in 2021

(116,300

)

Valuation in 2022

(270,000

)

Valuation in 2024

(287,400

)

Cost

6,687,034

6,712,600

If investment properties had not been revalued they would have been included at the following historical cost:

30.4.25

30.4.24

£

£

Cost

6,687,034

6,777,616

Investment properties were valued on an open market basis on 30 April 2025 by the directors .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

24,685

22,482

Other debtors

197,615

171,314

222,300

193,796

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade creditors

16,858

21,192

Taxation and social security

132,828

40,109

Other creditors

144,590

144,146

294,276

205,447

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans

3,136,980

3,136,980

Other creditors

1,449,900

1,449,900

4,586,880

4,586,880

10.	SECURED DEBTS

The following secured debts are included within creditors:

30.4.25

30.4.24

£

£

Bank loans

3,136,980

3,136,980

11.

RESERVES

Revaluation

reserve

£

At 1 May 2024

317,573

Revaluation reserve transfer

(292,007

)

At 30 April 2025

25,566

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2025 and 30 April 2024:

30.4.25

30.4.24

£

£

R Linton

Balance outstanding at start of year

54,746

46,555

Amounts advanced

10,035

8,191

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

64,781

54,746

J M Linton

Balance outstanding at start of year

54,746

46,555

Amounts advanced

10,035

8,191

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

64,781

54,746