VFCore Holding Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 13337882

		30 September 2025		30 April 2024
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		287,942		287,942

			287,942		287,942
CURRENT ASSETS
Debtors	5	836,218		364,000
Cash at bank and in hand		1,102,774		465,561

		1,938,992		829,561
Creditors: Amounts Falling Due Within One Year	6	(181,792 )		(208,392 )

NET CURRENT ASSETS (LIABILITIES)			1,757,200		621,169

TOTAL ASSETS LESS CURRENT LIABILITIES			2,045,142		909,111

NET ASSETS			2,045,142		909,111

CAPITAL AND RESERVES
Called up share capital			400		400
Profit and Loss Account			2,044,742		908,711

SHAREHOLDERS' FUNDS			2,045,142		909,111

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VFCore Holding Ltd

Balance Sheet (continued)

As At 30 September 2025

For the period ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Mikhail Vinogradov

Director

22 June 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

VFCore Holding Ltd is a private company, limited by shares and incorporated in England & Wales. The registered company number is 13337882 . The registered office is Tuition House, 27-37 St. Georges Road, London, England, SW19 4EU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Financial Instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade debtors and creditors are classified as basic financial instruments and are recognised at transaction price less any impairment. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Other debtors and creditors are measured at amortised cost using the effective interest rate method.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with 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. Equity instruments issued by the company are recorded at the proceeds received.

2.3. Foreign Currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.4. Taxation

The taxation expense represents the sum of the tax currently payable and deferred tax. Current or deferred tax for the period is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Current tax

The tax currently payable is based on taxable profit for the period. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax

Deferred tax has not been recognised as it is not material to the financial statements. The director will review this annually.

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VFCore Holding Ltd

Notes to the Financial Statements (continued)

For the Period 1 May 2024 to 30 September 2025

2.5. Investments

All investments are carried at cost. They are not revalued unless there is an active market in which a valuation can be reliably determined.

Investment in subsidiary

Interests in subsidiaries, associates and jointly controlled entities are initially measure at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

3. Average Number of Employees

	30 September 2025	30 April 2024
Average number of employees, including directors, during the year	1	1

	1	1

4. Investments

	Other
	£
Cost or Valuation
As at 1 May 2024	287,942

As at 30 September 2025	287,942

Provision
As at 1 May 2024	-

As at 30 September 2025	-

Net Book Value
As at 30 September 2025	287,942

As at 1 May 2024	287,942

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VFCore Holding Ltd

Notes to the Financial Statements (continued)

For the Period 1 May 2024 to 30 September 2025

5. Debtors

	30 September 2025	30 April 2024
	£	£
Due within one year
Amounts owed by participating interests	447,178	364,000
Other debtors	389,040	-

	836,218	364,000

6. Creditors: Amounts Falling Due Within One Year

	30 September 2025	30 April 2024
	£	£
Bank loans and overdrafts	2,955	2,955
Amounts owed to group undertakings	178,837	178,837
Other creditors	-	26,600

	181,792	208,392

7. Directors Advances, Credits and Guarantees

Included within Debtors is a loan made to a director. The balance at the year end was £389,040 (2024: £26,600 Cr).

Interest was charged on the loan at a rate of 2.25% and 3.75%, and the loan is repayable on demand.

8. Related Party Transactions

The amount due from related parties at the year end was £447,178 (2024 : £364,000).

The amount due to the group underaking at the year end was £178,837 (2024 : £178,837).

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