Vello Limited - Filleted accounts

Registered number

08167291

Vello Limited

Filleted Accounts

31 August 2025

Vello Limited
Registered number:		08167291
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		2,603,777			340,401
Investments	4		62			62
			2,603,839			340,463

Current assets
Stocks		7,614,309			6,199,343
Debtors	5	7,230,569			4,225,707
Cash at bank and in hand		272,886			2,402,399
		15,117,764			12,827,449

Creditors: amounts falling due within one year	6	(5,306,061)			(2,179,878)

Net current assets			9,811,703			10,647,571

Total assets less current liabilities			12,415,542			10,988,034


Provisions for liabilities			(42,848)			(27,864)


Net assets			12,372,694			10,960,170

Capital and reserves
Called up share capital			2			2
Profit and loss account			12,372,692			10,960,168

Shareholders' funds			12,372,694			10,960,170

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.





Mrs L.Jones
Director





A.Jones
Director
Approved by the board on 27 May 2026

Vello Limited
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Consolidation
	In the opinion of the directors, the company and its subsidiary undertaking comprise a small group. The company has therefore taken advantage of the exemption provided by Section 398 of the Companies Act 2006 not to prepare group accounts.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than investment property, at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows:
	Plant and machinery			15-33% reducing balance
	Motor Vehicles			25% reducing balance

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					4		4


3	Tangible fixed assets
		Investment Property		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 September 2024	228,944		73,653		83,501		386,098
	Additions	2,203,438		71,647		53,040		2,328,125
	Disposals	-		-		(50,500)		(50,500)
	At 31 August 2025	2,432,382		145,300		86,041		2,663,723

	Depreciation
	At 1 September 2024	-		17,783		27,914		45,697
	Charge for the year	-		15,460		15,359		30,819
	On disposals	-		-		(16,570)		(16,570)
	At 31 August 2025	-		33,243		26,703		59,946

	Net book value
	At 31 August 2025	2,432,382		112,057		59,338		2,603,777
	At 31 August 2024	228,944		55,870		55,587		340,401


4	Investments
Investments in
subsidiary					Other
undertakings					investments		Total
£					£		£
	Cost
	At 1 September 2024			2		60		62

	At 31 August 2025			2		60		62


5	Debtors					2025		2024
£							£

	Trade debtors					12,900		-
	Other debtors					7,217,669		4,225,707
						7,230,569		4,225,707

	Amounts due after more than one year included above					5,031,355		3,760,932


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					246,864		116,976
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					1,064,407		1,064,441
	Taxation and social security costs					175,060		4,462
	Other creditors					3,819,730		993,999
						5,306,061		2,179,878


7	Related party transactions
	Within creditors due within one year are amounts due to companies of which A.Jones and Mrs L.Jones are directors. No interest is charged on outstanding balances
						2025		2024
	M.A.Property (Norfolk) Limited					894,663		894,663
	East Anglian Property Limited					2,798,142		(99,478)

8	Controlling party

	In the opinion of the directors the ultimate controlling party is M. A. Jones.


9	Other information

	Vello Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Dykebeck Hall Farm
	Dykebeck
	Wymondham
	Norfolk
	NR18 9PL