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REGISTERED NUMBER: 04812548 (England and Wales)
























VODEX LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022






VODEX LIMITED (REGISTERED NUMBER: 04812548)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


VODEX LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2022







DIRECTORS: P Riddick
Mrs P Taylor-Riddick





SECRETARY: Mrs P Taylor-Riddick





REGISTERED OFFICE: Unit 9 Claylands Park
Claylands Road
Bishops Waltham
Southampton
Hampshire
SO32 1QD





REGISTERED NUMBER: 04812548 (England and Wales)





ACCOUNTANTS: The Accounting Bureau Ltd
87 North Road
Poole
Dorset
BH14 0LT

VODEX LIMITED (REGISTERED NUMBER: 04812548)

BALANCE SHEET
31 December 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 36,753 14,449
36,753 14,449

CURRENT ASSETS
Stocks 124,645 174,648
Debtors 6 197,752 150,108
Cash at bank and in hand 183,120 331,125
505,517 655,881
CREDITORS
Amounts falling due within one year 7 393,984 591,757
NET CURRENT ASSETS 111,533 64,124
TOTAL ASSETS LESS CURRENT
LIABILITIES

148,286

78,573

PROVISIONS FOR LIABILITIES 3,463 3,463
NET ASSETS 144,823 75,110

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 144,723 75,010
144,823 75,110

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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.

VODEX LIMITED (REGISTERED NUMBER: 04812548)

BALANCE SHEET - continued
31 December 2022


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 Board of Directors and authorised for issue on 25 September 2023 and were signed on its behalf by:





P Riddick - Director


VODEX LIMITED (REGISTERED NUMBER: 04812548)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2022

1. STATUTORY INFORMATION

Vodex 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.

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.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

VODEX LIMITED (REGISTERED NUMBER: 04812548)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2022

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 10 (2021 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2022
and 31 December 2022 22,881
AMORTISATION
At 1 January 2022
and 31 December 2022 22,881
NET BOOK VALUE
At 31 December 2022 -
At 31 December 2021 -

VODEX LIMITED (REGISTERED NUMBER: 04812548)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2022

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2022 71,059
Additions 35,011
Disposals (19,195 )
At 31 December 2022 86,875
DEPRECIATION
At 1 January 2022 56,610
Charge for year 9,840
Eliminated on disposal (16,328 )
At 31 December 2022 50,122
NET BOOK VALUE
At 31 December 2022 36,753
At 31 December 2021 14,449

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 January 2022 15,995
Disposals (15,995 )
At 31 December 2022 -
DEPRECIATION
At 1 January 2022 11,996
Eliminated on disposal (11,996 )
At 31 December 2022 -
NET BOOK VALUE
At 31 December 2022 -
At 31 December 2021 3,999

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 102,670 80,793
Other debtors 95,082 69,315
197,752 150,108

VODEX LIMITED (REGISTERED NUMBER: 04812548)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2022

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 209,699 250,000
Hire purchase contracts 10,938 8,346
Trade creditors 159,374 183,321
Taxation and social security 11,210 23,555
Other creditors 2,763 126,535
393,984 591,757