REGISTERED NUMBER: 05476050 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

FOR

VORCON LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A J T Scott

D J M Trafford

SECRETARY:

A J T Scott

REGISTERED OFFICE:

Old Halls Barn

Brows Farm Business Park

Farnham Road

Liss

GU33 6JG

REGISTERED NUMBER:

05476050 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Tangible assets

4

114,284

121,250

Investment property

5

3,026,854

2,779,976

3,141,138

2,901,226

CURRENT ASSETS

Debtors

6

108,511

49,309

Cash at bank

64,329

75,026

172,840

124,335

CREDITORS

Amounts falling due within one year

7

2,767,714

2,539,963

NET CURRENT LIABILITIES

(2,594,874

)

(2,415,628

)

TOTAL ASSETS LESS CURRENT LIABILITIES

546,264

485,598

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

546,164

485,498

546,264

485,598

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 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 5th August 2026 and were signed on its behalf by:

A J T Scott - Director

1.	STATUTORY INFORMATION

Vorcon 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

Straight line over 20 years

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Leasehold

improvements

£

COST

At 1st April 2025

and 31st March 2026

139,330

DEPRECIATION

At 1st April 2025

18,080

Charge for year

6,966

At 31st March 2026

25,046

NET BOOK VALUE

At 31st March 2026

114,284

At 31st March 2025

121,250

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2025

2,779,976

Additions

246,878

At 31st March 2026

3,026,854

NET BOOK VALUE

At 31st March 2026

3,026,854

At 31st March 2025

2,779,976

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

18,351

46,062

Other debtors

90,160

3,247

108,511

49,309

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

97,660

32,862

Taxation and social security

20,921

-

Other creditors

2,649,133

2,507,101

2,767,714

2,539,963

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

71,226

71,226

Between one and five years

284,904

284,904

In more than five years

797,154

840,354

1,153,284

1,196,484

9.	RELATED PARTY TRANSACTIONS

Included within note 7, within other creditors, is an interest free loan from JAEF Investments Limited of £2,602,389 (2025: £2,431,148). The directors of the company are also directors of JAEF Investments Limited.

Included within note 8 are leasing agreements with Rotherfield Farms LLP of £1,153,284 (2025: £1,196,484). Arthur Scott, a director and father of W J Scott, and the W J Scott Bare Trust, the shareholder, are partners in Rotherfield Farms LLP.

10.	ULTIMATE CONTROLLING PARTY

The directors consider that the ultimate controlling party is the Trustees of the Wilfred Scott Bare Trust due to its 100% shareholding in the company.