VH Projects Ltd

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

Registered number: 15996369

		31 October 2025
	Notes	£	£
CURRENT ASSETS
Stocks	4	514,907
Debtors	5	57,992
Cash at bank and in hand		8,365

		581,264
Creditors: Amounts Falling Due Within One Year	6	(605,250 )

NET CURRENT ASSETS (LIABILITIES)			(23,986 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(23,986 )

NET LIABILITIES			(23,986 )

CAPITAL AND RESERVES
Called up share capital	7		100
Profit and Loss Account			(24,086 )

SHAREHOLDERS' FUNDS			(23,986)

For the period ending 31 October 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

A Burns

Director

30th June 2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

VH Projects Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15996369 . The registered office is Parkhouse, Forest Road , Sutton-In-Ashfield , Nottinghamshire , NG17 3BL.

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. Going Concern Disclosure

The company is reliant upon the financial support of its owners and the owners have confirmed that financial support will be provided as and when necessary. The directors have, at the time of approving the financial statements, confirmed that the company has access to adequate resources and has thus chosen to prepare the accounts on a going concern basis.

2.3. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Financial Instruments

Debtors and creditors with no stated interest rate, and repayable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit or loss account within overheads.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 1

4. Stocks

	31 October 2025
	£
Work in progress	514,907

Page 2

Page 3

VH Projects Ltd

Notes to the Financial Statements (continued)

For the Period 3 October 2024 to 31 October 2025

5. Debtors

	31 October 2025
	£
Due within one year
Prepayments and accrued income	49,667
VAT	8,225
Amounts owed by group undertakings	100

	57,992

6. Creditors: Amounts Falling Due Within One Year

	31 October 2025
	£
Trade creditors	21,260
Amounts owed to group undertakings	571,809
Other creditors	3,855
Taxation and social security	8,326

	605,250

7. Share Capital

	31 October 2025
	£
Allotted, Called up and fully paid	100

8. Related Party Transactions

During the year the company provided refurbishment and construction services to a fellow group undertaking. Charges of £514,105 were made in respect of these services. These transactions were undertaken on terms that were not equivalent to normal market terms.

At 31 October 2025, the company owed the fellow group undertaking £571,809.

Included within Other Creditors are loans from related parties amounting to £23. These loans are unsecured, interest free and repayable on demand.

9. Accounting Period

The financial statements are the company's first since incorporation. The reporting period is 3rd October 2024 to 31st October 2025, a period of more than a year.

Page 3