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Company Registration No. 08553549 (England and Wales)
Vapable Ltd Unaudited accounts for the year ended 30 June 2023
Vapable Ltd Unaudited accounts Contents
Page
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Vapable Ltd Company Information for the year ended 30 June 2023
Director
Mr M Halsall
Company Number
08553549 (England and Wales)
Registered Office
Unit 19 Dalweb Industrial Estate Southport PR9 8DE
Accountants
My Accountancy Hub Level One, Basecamp Liverpool 49 Jamaica Street Liverpool L1 0AH
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Vapable Ltd Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
220 
220 
Tangible assets
36,024 
42,381 
36,244 
42,601 
Current assets
Inventories
555,168 
650,661 
Debtors
250,727 
164,280 
Cash at bank and in hand
504,589 
634,872 
1,310,484 
1,449,813 
Creditors: amounts falling due within one year
(124,838)
(267,884)
Net current assets
1,185,646 
1,181,929 
Net assets
1,221,890 
1,224,530 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
1,221,889 
1,224,529 
Shareholders' funds
1,221,890 
1,224,530 
For the year ending 30 June 2023 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 his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 October 2023 and were signed on its behalf by
Mr M Halsall Director Company Registration No. 08553549
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Vapable Ltd Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
Vapable Ltd is a private company, limited by shares, registered in England and Wales, registration number 08553549. The registered office is Unit 19 Dalweb Industrial Estate, Southport, PR9 8DE .
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 July 2022
220 
At 30 June 2023
220 
Amortisation
At 1 July 2022
- 
At 30 June 2023
- 
Net book value
At 30 June 2023
220 
At 30 June 2022
220 
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Vapable Ltd Notes to the Accounts for the year ended 30 June 2023
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 July 2022
78,309 
At 30 June 2023
78,309 
Depreciation
At 1 July 2022
35,928 
Charge for the year
6,357 
At 30 June 2023
42,285 
Net book value
At 30 June 2023
36,024 
At 30 June 2022
42,381 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
150,667 
114,280 
Other debtors
100,060 
50,000 
250,727 
164,280 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
43,689 
58,406 
Trade creditors
13,464 
101,528 
Taxes and social security
18,703 
18,562 
Loans from directors
48,982 
89,388 
124,838 
267,884 
8
Average number of employees
During the year the average number of employees was 17 (2022: 17).
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