REGISTERED NUMBER: 10553969 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

VMEC LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Stuart James Vincent

SECRETARY:

Mrs Lucy Jane Vincent

REGISTERED OFFICE:

15 Langcliffe Avenue

Harrogate

North Yorkshire

HG2 8JQ

REGISTERED NUMBER:

10553969 (England and Wales)

ACCOUNTANTS:

Syers McGill

9 Kerry Street

Horsforth

Leeds

West Yorkshire

LS18 4AW

FIXED ASSETS

Tangible assets

4

17,908

26,482

CURRENT ASSETS

Stocks

1,050

1,000

Debtors

5

363,827

437,793

Cash at bank

195,705

157,337

560,582

596,130

CREDITORS

Amounts falling due within one year

6

332,509

329,362

NET CURRENT ASSETS

228,073

266,768

TOTAL ASSETS LESS CURRENT LIABILITIES

245,981

293,250

CREDITORS

Amounts falling due after more than one year

7

-

(2,051

)

PROVISIONS FOR LIABILITIES

8

(4,457

)

(6,517

)

NET ASSETS

241,524

284,682

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

10

241,522

284,680

SHAREHOLDERS' FUNDS

241,524

284,682

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 8 October 2026 and were signed by:

Mr Stuart James Vincent - Director

1.	STATUTORY INFORMATION

VMEC 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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

-

25% on reducing balance

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

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 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

1,245

45,749

7,639

54,633

Additions

152

-

415

567

At 31 March 2026

1,397

45,749

8,054

55,200

DEPRECIATION

At 1 April 2025

1,245

21,113

5,793

28,151

Charge for year

38

8,157

946

9,141

At 31 March 2026

1,283

29,270

6,739

37,292

NET BOOK VALUE

At 31 March 2026

114

16,479

1,315

17,908

At 31 March 2025

-

24,636

1,846

26,482

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

239,651

286,394

VAT

-

14,939

Amounts owed by group undertakings

100,564

73,620

Prepayments and accrued income

23,612

62,840

363,827

437,793

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Loan creditor

2,500

10,450

Trade creditors

265,372

247,616

Tax

47,635

49,588

Social security and other taxes

3,890

8,903

Accrued expenses

13,112

12,805

332,509

329,362

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Loan creditor

-

2,051

The loan creditor represents a loan under HM Government Coronavirus Business Bounce Back Loan Scheme. The loan carries an interest rate of 2.5% per annum and is repayable in accordance with the rules of the scheme.

8.	PROVISIONS FOR LIABILITIES

31.3.26

31.3.25

£

£

Deferred tax

4,457

6,517

Deferred

tax

£

Balance at 1 April 2025

6,517

Credit to Income Statement during year

(2,060

)

Balance at 31 March 2026

4,457

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

1

Ordinary

1

1

1

1

Ordinary A

1

1

1

2

2

10.

RESERVES

Retained

earnings

£

At 1 April 2025

284,680

Profit for the year

136,842

Dividends

(180,000

)

At 31 March 2026

241,522

11.	RELATED PARTY DISCLOSURES

VMEC Holdings Limited owns 100% of the share capital in the company.

At 31 March 2026, VMEC Holdings Limited owed the company £100,564 (2025: £73,620).

12.	ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of VMEC Holdings Limited.