Vibrant Vegan Yogi Ltd 13070137 false 2022-01-01 2022-12-31 2022-12-31 The principal activity of the company is 96040 - Physical well-being activities Digita Accounts Production Advanced 6.30.9574.0 true true 13070137 2022-01-01 2022-12-31 13070137 2022-12-31 13070137 bus:OrdinaryShareClass1 2022-12-31 13070137 core:RetainedEarningsAccumulatedLosses 2022-12-31 13070137 core:ShareCapital 2022-12-31 13070137 core:CurrentFinancialInstruments 2022-12-31 13070137 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 13070137 bus:SmallEntities 2022-01-01 2022-12-31 13070137 bus:AuditExemptWithAccountantsReport 2022-01-01 2022-12-31 13070137 bus:FullAccounts 2022-01-01 2022-12-31 13070137 bus:SmallCompaniesRegimeForAccounts 2022-01-01 2022-12-31 13070137 bus:RegisteredOffice 2022-01-01 2022-12-31 13070137 bus:Director1 2022-01-01 2022-12-31 13070137 bus:OrdinaryShareClass1 2022-01-01 2022-12-31 13070137 bus:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 13070137 core:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 13070137 core:ShareCapital 2022-01-01 2022-12-31 13070137 countries:AllCountries 2022-01-01 2022-12-31 13070137 2021-12-31 13070137 core:RetainedEarningsAccumulatedLosses 2021-12-31 13070137 core:ShareCapital 2021-12-31 13070137 2020-12-08 2021-12-31 13070137 2021-12-31 13070137 bus:OrdinaryShareClass1 2021-12-31 13070137 core:ShareCapital 2021-12-31 13070137 core:CurrentFinancialInstruments 2021-12-31 13070137 core:CurrentFinancialInstruments core:WithinOneYear 2021-12-31 13070137 core:ShareCapital 2020-12-08 2021-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 13070137

Vibrant Vegan Yogi Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2022

 

Vibrant Vegan Yogi Ltd

Contents

Company Information

1

Balance Sheet

2

Statement of Changes in Equity

3

Notes to the Unaudited Financial Statements

4 to 5

 

Vibrant Vegan Yogi Ltd

Company Information

Director

Mrs A M Gordon

Registered office

7 Edgedale Road
Sheffield
S7 2BQ

Accountants

Cameron Alexander Accountants Ltd
Chartered Certified Accountants
2 Western Street
Barnsley
South Yorkshire
S70 2BP

 

Vibrant Vegan Yogi Ltd

(Registration number: 13070137)
Balance Sheet as at 31 December 2022

Note

2022
£

2021
£

Current assets

 

Debtors

3

225

-

Cash at bank and in hand

 

24

1

 

249

1

Creditors: Amounts falling due within one year

4

(300)

-

Net (liabilities)/assets

 

(51)

1

Capital and reserves

 

Called up share capital

5

1

1

Retained earnings

(52)

-

Shareholders' (deficit)/funds

 

(51)

1

For the financial year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 16 November 2023
 

.........................................
Mrs A M Gordon
Director

 

Vibrant Vegan Yogi Ltd

Statement of Changes in Equity for the Year Ended 31 December 2022

Share capital
£

Retained earnings
£

Total
£

At 1 January 2022

1

-

1

Loss for the year

-

(52)

(52)

At 31 December 2022

1

(52)

(51)

Share capital
£

Total
£

New share capital subscribed

1

1

At 31 December 2021

1

1

 

Vibrant Vegan Yogi Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2022

1

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Vibrant Vegan Yogi Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2022

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2021 - 1).

3

Debtors

Current

2022
£

2021
£

Other debtors

225

-

4

Creditors

Creditors: amounts falling due within one year

2022
£

2021
£

Due within one year

Accruals and deferred income

300

-

5

Share capital

Allotted, called up and fully paid shares

 

2022

2021

 

No.

£

No.

£

Ordinary of £1 each

1

1

1

1