REGISTERED NUMBER: 07152505 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2026

FOR

VAINCE PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ahmed Zahir

Adil Zahir

Sarmad Nasir

REGISTERED OFFICE:

21 Greenheys Place

Woking

Surrey

GU22 7JD

REGISTERED NUMBER:

07152505 (England and Wales)

ACCOUNTANTS:

Stan Lee Accountancy Ltd

T/A: The Stan Lee

Chartered Certified Accountants

Level 18, 40 Bank Street

Canary Wharf

London

E14 5NR

FIXED ASSETS

Tangible assets

4

2,057

2,489

Investment property

5

540,000

540,000

542,057

542,489

CURRENT ASSETS

Debtors

6

-

15,110

Cash at bank

18,725

1,595

18,725

16,705

CREDITORS

Amounts falling due within one year

7

221,969

228,400

NET CURRENT LIABILITIES

(203,244

)

(211,695

)

TOTAL ASSETS LESS CURRENT LIABILITIES

338,813

330,794

CREDITORS

Amounts falling due after more than one year

8

(165,730

)

(178,025

)

PROVISIONS FOR LIABILITIES

10

(15,781

)

(15,781

)

NET ASSETS

157,302

136,988

CAPITAL AND RESERVES

Called up share capital

11

100

100

Fair value reserve

12

83,060

83,060

Retained earnings

12

74,142

53,828

SHAREHOLDERS' FUNDS

157,302

136,988

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2026 and were signed on its behalf by:

Ahmed Zahir - Director

1.	STATUTORY INFORMATION

Vaince Properties 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 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.

Tangible fixed assets

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

Motor vehicles

-

20% on reducing balance

Computer equipment

-

15% on reducing balance

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 Statement of Income and Retained Earnings, 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.

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 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 June 2025

and 31 May 2026

4,500

1,714

6,214

DEPRECIATION

At 1 June 2025

3,320

405

3,725

Charge for year

236

196

432

At 31 May 2026

3,556

601

4,157

NET BOOK VALUE

At 31 May 2026

944

1,113

2,057

At 31 May 2025

1,180

1,309

2,489

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2025

and 31 May 2026

540,000

NET BOOK VALUE

At 31 May 2026

540,000

At 31 May 2025

540,000

Fair value at 31 May 2026 is represented by:

£

Valuation in 2026

540,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

-

15,110

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts (see note 9)

14,600

18,440

Tax

4,866

4,755

VAT

3,417

2,600

Other creditors

21,000

12,000

Net wages

-

938

Directors' current accounts

175,926

187,598

Accrued expenses

2,160

2,069

221,969

228,400

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans (see note 9)

165,730

178,025

Amounts falling due in more than five years:

Repayable by instalments

Mortgage loan

165,730

178,025

9.

LOANS

An analysis of the maturity of loans is given below:

2026

2025

£

£

Amounts falling due within one year or on demand:

Mortgage loan

14,600

18,440

Amounts falling due in more than five years:

Repayable by instalments

Mortgage loan

165,730

178,025

10.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

15,781

15,781

Deferred

tax

£

Balance at 1 June 2025

15,781

Balance at 31 May 2026

15,781

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100

12.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 June 2025

53,828

83,060

136,888

Profit for the year

20,314

20,314

At 31 May 2026

74,142

83,060

157,202

13.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at the balance sheet date, the amount due from the Company to its directors was £175,926 (2025: £187,598). The loan is interest-free and repayable in full on demand at short notice.

14.	ULTIMATE CONTROLLING PARTY

R Zahir has controlled the Company throughout the current and preceding financial years through her majority ownership of its issued share capital.