VESTOL LIMITED

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04563185

		2025		2024
	Notes	€	€	€	€
FIXED ASSETS
Investments	4		3,170,896		2,912,896

			3,170,896		2,912,896
CURRENT ASSETS
Cash at bank and in hand		43,196		202,423

		43,196		202,423
Creditors: Amounts Falling Due Within One Year	5	(7,436 )		(43,996 )

NET CURRENT ASSETS (LIABILITIES)			35,760		158,427

TOTAL ASSETS LESS CURRENT LIABILITIES			3,206,656		3,071,323

Creditors: Amounts Falling Due After More Than One Year	6		(3,613,995 )		(3,471,171 )

NET LIABILITIES			(407,339 )		(399,848 )

CAPITAL AND RESERVES
Called up share capital	7		158		158
Profit and Loss Account			(407,497 )		(400,006 )

SHAREHOLDERS' FUNDS			(407,339)		(399,848)

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VESTOL LIMITED

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 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 director acknowledges her 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

Ms Chiara Mensi

Director

16/09/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

VESTOL LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 04563185 . The registered office is Birchin Court, 20 Birchin Lane, London, EC3V 9DJ.

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 financial statements are prepared on the going concern basis, which assumes that the company will be inoperational existence for the foreseeable future. This depends upon the continued support of the shareholders whohave undertaken to provide such support to enable the company to meet its debts as and when they fall due. Thefinancial statements do not include any adjustments that would result if such support was withdrawn.

2.3. Financial Instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'OtherFinancial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomesparty to the contractual provisions of the instrument.

Financial assets and liabilities are offset , with the net amounts presented in the financial statements , when thereis alegally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or torealise the asset and settle the liability simultaneously.

2.4. Foreign Currencies

Assets and liabilities in foreign currencies are translated into Euro at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into Euro at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2.5. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to theextent 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 orsubstantively enacted by the balance sheet date.

2.6. Preparation of consolidated financial statements

The financial statements contain information about VESTOL LIMITED as an individual company anddo not

contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A)of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

The company and its subsidiary undertaking comprise a small-sized group.

2.7. Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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VESTOL LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.8. Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual

arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of thecompany after deducting all of its liabilities.

Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group

companies and preference shares that are classified as debt, are initially recognised at transaction price unless thearrangement constitutes a financing transaction, where the debt instrument is measured at the present value of thefuture receipts discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course ofbusiness from suppliers. Accounts payable are classified as current liabilities if payment is due within one year orless. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction priceand subsequently measured at amortised cost using the effective interest method.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Investments

	Subsidiaries	Joint Ventures	Total
	€	€	€
Cost or Valuation
As at 1 January 2025	3,155	2,909,741	2,912,896
Disposals	-	258,000	258,000

As at 31 December 2025	3,155	3,167,741	3,170,896

Provision
As at 1 January 2025	-	-	-

As at 31 December 2025	-	-	-

Net Book Value
As at 31 December 2025	3,155	3,167,741	3,170,896

As at 1 January 2025	3,155	2,909,741	2,912,896

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Gestiones Immobiliares Solciones Canaries SL

Registered office: Spain

Nature of business: Real Estate

Class of shares: % holding

Ordinary 100.00

31.12.25 31.12.24

€ €

Aggregate capital and reserves 1,079,587 1,118,455

Profit/(Loss) for the year (38,761) (103,989)

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	€	€
Trade creditors	-	42,809
Accruals and deferred income	7,436	1,187

	7,436	43,996

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VESTOL LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

6. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	€	€
Shareholder Loan	2,913,995	2,871,171
Loan to Third Party	700,000	600,000

	3,613,995	3,471,171

8. Ultimate Controlling Party

The company's ultimate controlling party is Mr Stefano Serafino Bruno Camponovo.

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