REGISTERED NUMBER: 15120311 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30th September 2025

for

Vitelli Newman Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Certified Accountants' Report

6

DIRECTORS:

Mrs V M Taylor

Mr P W Taylor

REGISTERED OFFICE:

48 Harcourt Road

Bristol

BS6 7RE

REGISTERED NUMBER:

15120311 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

FIXED ASSETS

Investments

4

43,639

43,639

Investment property

5

316,219

316,219

359,858

359,858

CURRENT ASSETS

Debtors

6

-

3,754

Cash at bank

270,595

228,190

270,595

231,944

CREDITORS

Amounts falling due within one year

7

75,085

74,054

NET CURRENT ASSETS

195,510

157,890

TOTAL ASSETS LESS CURRENT LIABILITIES

555,368

517,748

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

10

555,366

517,746

SHAREHOLDERS' FUNDS

555,368

517,748

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 13th May 2026 and were signed on its behalf by:

Mr P W Taylor - Director

1.	STATUTORY INFORMATION

Vitelli Newman 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.

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.

Critical judgements & key estimates

The directors do not consider that there are any critical judgements or key sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover

Turnover represents rental income receivable from the letting of investment properties in the UK and is measured at the fair value of the consideration received or receivable, net of value added tax and other sales-related taxes.

Rental income is recognised on a straight-line basis over the term of the lease, regardless of the timing of cash receipts, so as to reflect the pattern in which the economic benefits from the leased assets are consumed.

The company also receives dividend income from fixed asset investments, which is recognised when the right to receive payment is established.

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.

Functional and presentation currency

The financial statements are presented in £ sterling, which is the company's functional and presentation currency.

Going concern

The company is reliant on the support of its director and shareholders and having made appropriate enquiries, the director has considered the future cashflow of the company and is not aware of any reason why the company will not be able to meet its liabilities as they fall due for the foreseeable future. As a result the director has continued to adopt the going concern basis.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1st October 2024

and 30th September 2025

43,639

NET BOOK VALUE

At 30th September 2025

43,639

At 30th September 2024

43,639

The above unlisted investment is in a related party, Hive Protect Group Limited, and is valued at cost.

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st October 2024

and 30th September 2025

316,219

NET BOOK VALUE

At 30th September 2025

316,219

At 30th September 2024

316,219

The investment property was not revalued during the year. The directors consider that the carrying value of £316,219 represents a reasonable approximation of fair value at the balance sheet date

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Other debtors

-

724

Prepayments

-

3,030

-

3,754

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade creditors

2

3,829

Directors' current accounts

73,823

65,039

Accrued expenses

1,260

5,186

75,085

74,054

8.	LEASING AGREEMENTS

The company did not have any finance or operating lease arrangements during the period, and no lease commitments existed at the balance sheet date.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.25

30.9.24

value:

£

£

2

Ordinary

£1

2

2

10.

RESERVES

Retained

earnings

£

At 1st October 2024

517,746

Profit for the year

137,620

Dividends

(100,000

)

At 30th September 2025

555,366

11.	CONTINGENT LIABILITIES

The company had no contingent liabilities or capital commitments at the balance sheet date.

12.	RELATED PARTY DISCLOSURES

Related parties are defined as those parties having control or significant influence over the company, or those entities under common control.

During the year, Vitelli Newman Limited received dividends totalling £175,000 from Hive Protect Group Limited, a company under common control and therefore a related party.

The transaction was carried out in the normal course of business. No guarantees were given or received in respect of this transaction.

There were no amounts outstanding between the companies as at the balance sheet date, nor were any balances outstanding at any point other than settled in the normal course of business.

At the balance sheet date, amounts due to directors of £73,823 (2024: £65,039) were included within creditors. These balances are unsecured, interest-free and repayable on demand.

13.	POST BALANCE SHEET EVENTS

There were no adjusting or non-adjusting events after the reporting period.

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 Income Statement 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 Vitelli Newman Limited for the year ended 30th September 2025 which comprise the Income Statement, 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Vitelli Newman 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 Vitelli Newman Limited and state those matters that we have agreed to state to the Board of Directors of Vitelli Newman Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Vitelli Newman 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 Vitelli Newman Limited. You consider that Vitelli Newman 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 Vitelli Newman 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.

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

13th May 2026