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Company Registration No. 07825818 (England and Wales)
T VEND LIMITED Unaudited accounts for the year ended 31 October 2023
T VEND LIMITED Unaudited accounts Contents
Page
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T VEND LIMITED Company Information for the year ended 31 October 2023
Director
James Smith
Company Number
07825818 (England and Wales)
Registered Office
2 FERNFIELD BUSINESS PARK WHADDON ROAD LITTLE HORWOOD MILTON KEYNES BUCKINGHAMSHIRE MK17 0PR ENGLAND
Accountants
Tax Ninja Limited 39 Mullein Road Bicester Oxfordshire OX26 3WF
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T VEND LIMITED Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
41,825 
51,662 
Current assets
Inventories
11,456 
2,471 
Debtors
1,045 
220 
Cash at bank and in hand
(9,012)
3,011 
3,489 
5,702 
Creditors: amounts falling due within one year
(41,839)
(33,990)
Net current liabilities
(38,350)
(28,288)
Total assets less current liabilities
3,475 
23,374 
Creditors: amounts falling due after more than one year
- 
(17,691)
Net assets
3,475 
5,683 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
3,474 
5,682 
Shareholders' funds
3,475 
5,683 
For the year ending 31 October 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 2 November 2023 and were signed on its behalf by
James Smith Director Company Registration No. 07825818
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T VEND LIMITED Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
T VEND LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07825818. The registered office is 2 FERNFIELD BUSINESS PARK WHADDON ROAD, LITTLE HORWOOD, MILTON KEYNES, BUCKINGHAMSHIRE, MK17 0PR, ENGLAND.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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T VEND LIMITED Notes to the Accounts for the year ended 31 October 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 November 2022
9,948 
19,508 
53,149 
2,813 
85,418 
Additions
11,096 
11,450 
- 
- 
22,546 
Disposals
- 
(10,995)
- 
- 
(10,995)
At 31 October 2023
21,044 
19,963 
53,149 
2,813 
96,969 
Depreciation
At 1 November 2022
3,320 
10,783 
19,060 
593 
33,756 
Charge for the year
7,969 
7,481 
12,172 
1,095 
28,717 
On disposals
- 
(7,329)
- 
- 
(7,329)
At 31 October 2023
11,289 
10,935 
31,232 
1,688 
55,144 
Net book value
At 31 October 2023
9,755 
9,028 
21,917 
1,125 
41,825 
At 31 October 2022
6,628 
8,725 
34,089 
2,220 
51,662 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
325 
238 
Trade debtors
720 
(18)
1,045 
220 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
1,701 
868 
Trade creditors
13,047 
12,152 
Taxes and social security
(290)
(461)
Other creditors
2,113 
14,057 
Loans from directors
25,268 
7,374 
41,839 
33,990 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
- 
17,691 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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