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Company Registration No. 11899346 (England and Wales)
VIGA INVESTMENT LIMITED Unaudited accounts for the year ended 31 March 2026
VIGA INVESTMENT LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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VIGA INVESTMENT LIMITED Company Information for the year ended 31 March 2026
Directors
Victor Afolabi Adetutu Ibironke Afolabi
Company Number
11899346 (England and Wales)
Registered Office
C/O 35 BALFE STREET BALFE STREET LONDON N1 9EB UNITED KINGDOM
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VIGA INVESTMENT LIMITED Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
6,716,025
1,776,315
Current assets
Cash at bank and in hand
125,416
359,850
Creditors: amounts falling due within one year
5
-
(1,446)
Net current assets
125,416
358,404
Total assets less current liabilities
6,841,441
2,134,719
Creditors: amounts falling due after more than one year
6
(7,154,428)
(2,295,418)
Net liabilities
(312,987)
(160,699)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(313,087)
(160,799)
Shareholders' funds
(312,987)
(160,699)
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 July 2026 and were signed on its behalf by
Victor Afolabi Director Company Registration No. 11899346
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VIGA INVESTMENT LIMITED Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
VIGA INVESTMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11899346. The registered office is C/O 35 BALFE STREET, BALFE STREET, LONDON, N1 9EB, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 April 2025
1,806,486
Additions
4,973,459
At 31 March 2026
6,779,945
Depreciation
At 1 April 2025
30,171
Charge for the year
33,749
At 31 March 2026
63,920
Net book value
At 31 March 2026
6,716,025
At 31 March 2025
1,776,315
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VIGA INVESTMENT LIMITED Notes to the Accounts for the year ended 31 March 2026
5
Creditors: amounts falling due within one year
2026
2025
£
£
Taxes and social security
-
1,446
6
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans
1,683,428
1,215,500
Other creditors
5,471,000
1,079,918
7,154,428
2,295,418
7
Average number of employees
During the year the average number of employees was 0 (2025: 0).
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