Company Registration No. 08553549 (England and Wales)
Vapable Ltd
Unaudited accounts
for the year ended 30 June 2023
Vapable Ltd
Unaudited accounts
Contents
Vapable Ltd
Company Information
for the year ended 30 June 2023
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
Vapable Ltd
Statement of financial position
as at 30 June 2023
Tangible assets
36,024
42,381
Inventories
555,168
650,661
Cash at bank and in hand
504,589
634,872
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
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
Vapable Ltd
Notes to the Accounts
for the year ended 30 June 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 (including purchased goodwill and patents) are included at cost.
4
Intangible fixed assets
Other
Vapable Ltd
Notes to the Accounts
for the year ended 30 June 2023
5
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Trade debtors
150,667
114,280
Other debtors
100,060
50,000
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
13,464
101,528
Taxes and social security
18,703
18,562
Loans from directors
48,982
89,388
8
Average number of employees
During the year the average number of employees was 17 (2022: 17).