| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 DECEMBER 2025 |
| FOR |
| VECTIS HOLDINGS LIMITED |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 DECEMBER 2025 |
| FOR |
| VECTIS HOLDINGS LIMITED |
| VECTIS HOLDINGS LIMITED (REGISTERED NUMBER: 01552172) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 DECEMBER 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 | to | 3 |
| Notes to the Financial Statements | 4 | to | 6 |
| VECTIS HOLDINGS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 DECEMBER 2025 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Exchange House |
| St. Cross Lane |
| Newport |
| Isle of Wight |
| PO30 5BZ |
| VECTIS HOLDINGS LIMITED (REGISTERED NUMBER: 01552172) |
| BALANCE SHEET |
| 30 DECEMBER 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| Investments | 6 |
| CURRENT ASSETS |
| Debtors | 7 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Capital redemption reserve |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| VECTIS HOLDINGS LIMITED (REGISTERED NUMBER: 01552172) |
| BALANCE SHEET - continued |
| 30 DECEMBER 2025 |
| The financial statements were approved by the director and authorised for issue on |
| VECTIS HOLDINGS LIMITED (REGISTERED NUMBER: 01552172) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 DECEMBER 2025 |
| 1. | STATUTORY INFORMATION |
| Vectis Holdings Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The director has made an assessment in preparing these financial statements as to whether the company remains a going concern. |
| During 2025, following the Robin Hill site sale the remaining debts have been refinanced from Funding Circle to Lloyds during the year. |
| A Dabell, director and owner of the Group has also introduced funds to provide working capital to allow the Group to continue and this loan remains in place at the year end and has confirmed no intention to seek repayment until such time as the business can sustain repayment. |
| The sale and refinance has allowed the director to focus on the remaining park, Blackgang Chine which the director believes is a profitable and viable business. |
| With the sale and debt restructuring above, the director has produced revised cash flow forecasts for the Group, which together with an agreed overdraft facility from Lloyds of £250,000 demonstrate that there are sufficient cash resources available to the Group and Parent Company to ensure they can meet their financial obligations as they fall due for the foreseeable future, this being the period covering at least twelve months from the date of approval of these financial statements. For these reasons, they continue to adopt the going concern basis of accounting in preparing the financial statements. |
| Preparation of consolidated financial statements |
| The financial statements contain information about Vectis Holdings Limited as an individual company and do 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. |
| 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. |
| Tangible fixed assets |
| Depreciation is provided on the following annual rates in order to write off each asset over its estimated useful life. |
| Land and buildings - 2% on cost |
| Plant and machinery - written off over their useful economic lives |
| The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. |
| Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss. |
| VECTIS HOLDINGS LIMITED (REGISTERED NUMBER: 01552172) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 DECEMBER 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2024 - NIL). |
| 4. | INTANGIBLE FIXED ASSETS |
| Other |
| intangible |
| assets |
| £ |
| COST |
| At 31 December 2024 |
| and 30 December 2025 |
| NET BOOK VALUE |
| At 30 December 2025 |
| At 30 December 2024 |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST |
| At 31 December 2024 |
| and 30 December 2025 |
| DEPRECIATION |
| At 31 December 2024 |
| Charge for year |
| At 30 December 2025 |
| NET BOOK VALUE |
| At 30 December 2025 |
| At 30 December 2024 |
| VECTIS HOLDINGS LIMITED (REGISTERED NUMBER: 01552172) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 DECEMBER 2025 |
| 6. | FIXED ASSET INVESTMENTS |
| Other |
| investments |
| £ |
| COST |
| At 31 December 2024 |
| and 30 December 2025 |
| NET BOOK VALUE |
| At 30 December 2025 |
| At 30 December 2024 |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Amounts owed by group undertakings |
| Other debtors |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Amounts owed to group undertakings |
| Other creditors |
| 9. | RELATED PARTY DISCLOSURES |
| Amounts owed by related parties |
| No guarantee have been given or received. |
| During the year a loan was received from a director, at the year end there was a balance due to the director of £90,240 (2024: £90,240). |
| 10. | ULTIMATE CONTROLLING PARTY |
| The controlling party is A W Dabell. |
| The ultimate controlling party is |