REGISTERED NUMBER: 06318441 (England and Wales)

VTM (UK) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

6,413

9,890

Investments

5

500

-

6,913

9,890

CURRENT ASSETS

Stocks

365,952

298,751

Debtors

6

375,913

350,076

Cash at bank

59,558

84,192

801,423

733,019

CREDITORS

Amounts falling due within one year

7

374,599

338,623

NET CURRENT ASSETS

426,824

394,396

TOTAL ASSETS LESS CURRENT LIABILITIES

433,737

404,286

CREDITORS

Amounts falling due after more than one year

8

-

(36,667

)

PROVISIONS FOR LIABILITIES

(903

)

(1,494

)

NET ASSETS

432,834

366,125

CAPITAL AND RESERVES

Called up share capital

99

99

Retained earnings

432,735

366,026

SHAREHOLDERS' FUNDS

432,834

366,125

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 May 2026 and were signed on its behalf by:

J T Barford - Director

1.	STATUTORY INFORMATION

VTM (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

06318441

Registered office:

Unit 6 Nash Hall

The Street

High Ongar

Essex

CM5 9NL

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Going concern

The directors have a reasonable expectation that the company will continue to operate for the foreseeable future and so these financial statements are prepared on the going concern basis.

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.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Director's opinion, there are no significant judgements or key sources of estimation uncertainty.

Turnover

Turnover is derived from sales of electronics and telecommunications equipment and parts and is recognised when the goods are delivered to the customer. Turnover is recorded at the fair value of the consideration received or receivable, and excludes value added tax and rebates

Tangible fixed assets

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

Improvements to property

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Foreign currencies

Transactions in foreign currencies are recorded at the rate ruling the date of the transaction. Monetary assets and liabilities denominated in foreign currencies translated at exchange rate ruling at the balance sheet date. All differences are taken to the profit and loss account.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Government grants

Government grants have been accounted for under the accrual model, recognised as other income against the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 August 2024

and 31 July 2025

2,143

71,490

12,995

76,413

163,041

DEPRECIATION

At 1 August 2024

2,095

70,345

8,493

72,218

153,151

Charge for year

48

287

1,126

2,016

3,477

At 31 July 2025

2,143

70,632

9,619

74,234

156,628

NET BOOK VALUE

At 31 July 2025

-

858

3,376

2,179

6,413

At 31 July 2024

48

1,145

4,502

4,195

9,890

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

500

At 31 July 2025

500

NET BOOK VALUE

At 31 July 2025

500

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Trade debtors

72,991

95,613

Amounts owed by group undertakings

254,172

206,750

Other debtors

48,750

47,713

375,913

350,076

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Bank loans and overdrafts

36,667

40,000

Trade creditors

306,817

238,894

Taxation and social security

3,649

1,941

Other creditors

27,466

57,788

374,599

338,623

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

as restated

£

£

Bank loans

-

36,667

9.	ULTIMATE PARENT COMPANY

The ultimate parent company of VTM (UK) Limited is VTM Aventura Limited which is incorporated in England and Wales.

The registered office of the ultimate parent company is Unit 6 Nash Hall, The Street, High Ongar, Essex, England, CM5 9NL.

The parent company, VTM Aventura Limited has not prepared group accounts as it is exempted from the requirement to do so by Section 398 of the Companies Act 2006. The company meets the qualifying conditions for a small sized group as laid down in section 398 of the Act.