REGISTERED NUMBER: 04058897 (England and Wales)

VICTORIA CREST ESTATES LTD

Unaudited Financial Statements

for the Year Ended 30 April 2026

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

8

Director:

Mr S P McLester

Secretary:

Mrs L J McLester

Registered office:

Artisans House

7 Queensbridge

Northampton

Northamptonshire

NN4 7BF

Registered number:

04058897 (England and Wales)

Accountants:

Cobley Desborough

Chartered Certified Accountants

Chartered Tax Advisers

Artisans' House

7 Queensbridge

Northampton

Northamptonshire

NN4 7BF

FIXED ASSETS

Intangible assets

4

5,342

5,675

Tangible assets

5

15,165

20,220

Investments

6

200

200

Investment property

7

3,085,000

2,935,000

3,105,707

2,961,095

CURRENT ASSETS

Stocks

428,069

494,532

Debtors

8

482,769

100,000

Cash at bank

53,286

185,416

964,124

779,948

CREDITORS

Amounts falling due within one year

9

211,153

83,092

NET CURRENT ASSETS

752,971

696,856

TOTAL ASSETS LESS CURRENT LIABILITIES

3,858,678

3,657,951

PROVISIONS FOR LIABILITIES

339,205

301,705

NET ASSETS

3,519,473

3,356,246

CAPITAL AND RESERVES

Called up share capital

200

200

Undistributable reserves

1,017,616

905,116

Retained earnings

2,501,657

2,450,930

SHAREHOLDERS' FUNDS

3,519,473

3,356,246

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 10 September 2026 and were signed by:

Mr S P McLester - Director

1.	STATUTORY INFORMATION

Victoria Crest Estates Ltd 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 as modified by the revaluation of certain assets.

Turnover

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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of twenty years.

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

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Investments

Investments held as fixed assets are shown at cost less provision for impairment. Where shares are issued as part of the consideration for a subsidiary and the relevant Companies Act requirements for merger relief are met, no premium is recognised on the value of shares acquired.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

Cost

At 1 May 2025

and 30 April 2026

6,677

Amortisation

At 1 May 2025

1,002

Charge for year

333

At 30 April 2026

1,335

Net book value

At 30 April 2026

5,342

At 30 April 2025

5,675

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

Cost

At 1 May 2025

and 30 April 2026

48,950

Depreciation

At 1 May 2025

28,730

Charge for year

5,055

At 30 April 2026

33,785

Net book value

At 30 April 2026

15,165

At 30 April 2025

20,220

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

Cost

At 1 May 2025

and 30 April 2026

200

Net book value

At 30 April 2026

200

At 30 April 2025

200

7.	INVESTMENT PROPERTY

Total

£

Fair value

At 1 May 2025

2,935,000

Revaluations

150,000

At 30 April 2026

3,085,000

Net book value

At 30 April 2026

3,085,000

At 30 April 2025

2,935,000

Fair value at 30 April 2026 is represented by:

£

Valuation in 2018

(66,274

)

Valuation in 2020

100,000

Valuation in 2021

262,962

Valuation in 2022

910,134

Valuation in 2026

150,000

Cost

1,728,178

3,085,000

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

402,769

-

Other debtors

80,000

100,000

482,769

100,000

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

159,360

360

Taxation and social security

22,592

20,922

Other creditors

29,201

61,810

211,153

83,092