REGISTERED NUMBER: 07723957 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

VVUK (SOLEBAY) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

6

DIRECTORS:

C A Veness

J C Veness

S L Veness

SECRETARY:

C A Veness

REGISTERED OFFICE:

13 Solebay Street

London

E1 4PN

REGISTERED NUMBER:

07723957 (England and Wales)

ACCOUNTANTS:

BSR Bespoke Chartered Accountants

Linden House

Linden Close

Tunbridge Wells

Kent

TN4 8HH

FIXED ASSETS

Investment property

4

2,800,000

1,340,000

CURRENT ASSETS

Cash at bank

60

6,000

CREDITORS

Amounts falling due within one year

5

117,490

122,520

NET CURRENT LIABILITIES

(117,430

)

(116,520

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,682,570

1,223,480

PROVISIONS FOR LIABILITIES

666,711

301,711

NET ASSETS

2,015,859

921,769

CAPITAL AND RESERVES

Called up share capital

1

1

Fair value reserve

6

2,018,208

923,208

Retained earnings

(2,350

)

(1,440

)

2,015,859

921,769

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 11 June 2026 and were signed on its behalf by:

J C Veness - Director

1.	STATUTORY INFORMATION

VVUK (Solebay) 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.

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 as modified by the revaluation of certain assets.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Other operating income

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

1,340,000

Revaluations

1,460,000

At 31 December 2025

2,800,000

NET BOOK VALUE

At 31 December 2025

2,800,000

At 31 December 2024

1,340,000

Investment property comprises freehold buildings. The fair value of the investment property has been arrived at on the basis of a valuation carried out at 12 January 2026 by Glennleigh Commercial Chartered Surveyors, who are not connected with the company. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

Fair value at 31 December 2025 is represented by:

£

Valuation in 2018

1,224,919

Valuation in 2025

1,460,000

Cost

115,081

2,800,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Amounts owed to group undertakings

20,990

25,470

Other creditors

96,500

97,050

117,490

122,520

6.

RESERVES

Fair

value

reserve

£

At 1 January 2025

923,208

Impact of deferred tax

(365,000

)

Revaluation

1,460,000

At 31 December 2025

2,018,208

The fair value reserve represents unrealised gains on investment property, less the estimated deferred tax arising from those gains.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of VVUK (Solebay) Limited for the year ended 31 December 2025 which comprise the Statement of Comprehensive Income, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of VVUK (Solebay) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of VVUK (Solebay) Limited and state those matters that we have agreed to state to the Board of Directors of VVUK (Solebay) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than VVUK (Solebay) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that VVUK (Solebay) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of VVUK (Solebay) Limited. You consider that VVUK (Solebay) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of VVUK (Solebay) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

BSR Bespoke Chartered Accountants

Linden House

Linden Close

Tunbridge Wells

Kent

TN4 8HH

12 June 2026