Company Registration No. 10865887 (England and Wales)
Deluxe Vapours Retail Ltd
Unaudited accounts
for the year ended 31 August 2023
Deluxe Vapours Retail Ltd
Unaudited accounts
Contents
Deluxe Vapours Retail Ltd
Company Information
for the year ended 31 August 2023
Directors
Simon Bell
AndrewHughes
Company Number
10865887 (England and Wales)
Registered Office
Deluxe Vapours
Lloyd Street
Llanelli
SA15 2PU
United Kingdom
Accountants
Nigel Rees Accountancy Limited
572 Mumbles Road
Mumbles
Swansea
Dyfed
SA3 4DL
Deluxe Vapours Retail Ltd
Statement of financial position
as at 31 August 2023
Tangible assets
40,763
44,139
Inventories
207,293
150,438
Cash at bank and in hand
158,727
186,121
Creditors: amounts falling due within one year
(120,797)
(75,022)
Net current assets
280,910
266,359
Total assets less current liabilities
321,673
310,498
Creditors: amounts falling due after more than one year
(107,261)
(145,377)
Net assets
214,412
165,121
Called up share capital
2
2
Profit and loss account
214,410
165,119
Shareholders' funds
214,412
165,121
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 5 March 2024 and were signed on its behalf by
Simon Bell
Director
Company Registration No. 10865887
Deluxe Vapours Retail Ltd
Notes to the Accounts
for the year ended 31 August 2023
Deluxe Vapours Retail Ltd is a private company, limited by shares, registered in England and Wales, registration number 10865887. The registered office is Deluxe Vapours, Lloyd Street, Llanelli, SA15 2PU, United Kingdom.
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:
4
Tangible fixed assets
Plant & machinery
At 1 September 2022
76,907
At 1 September 2022
32,768
Charge for the year
18,382
Deluxe Vapours Retail Ltd
Notes to the Accounts
for the year ended 31 August 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
11,489
24,552
Taxes and social security
22,888
14,262
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
107,261
145,377
8
Average number of employees
During the year the average number of employees was 15 (2022: 15).