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REGISTERED NUMBER: 12766378 (England and Wales)

























Unaudited Financial Statements for the Year Ended 31 July 2023

for

Vintage Saxophones Online Limited

Vintage Saxophones Online Limited (Registered number: 12766378)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Vintage Saxophones Online Limited

Company Information
for the Year Ended 31 July 2023







DIRECTORS: A J Tyler
P Shotton





REGISTERED OFFICE: 6 Station View
Rhino Court
Hazel Grove
SK7 5ER





REGISTERED NUMBER: 12766378 (England and Wales)





ACCOUNTANTS: IN Accountancy Limited
6 Station View
Bramhall Moor Lane
Hazel Grove
Stockport
Cheshire
SK7 5ER

Vintage Saxophones Online Limited (Registered number: 12766378)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £   
CURRENT ASSETS
Stocks 23,492 23,355
Cash at bank 7,634 1,743
31,126 25,098
CREDITORS
Amounts falling due within one year 4 5,705 1,593
NET CURRENT ASSETS 25,421 23,505
TOTAL ASSETS LESS CURRENT LIABILITIES 25,421 23,505

CREDITORS
Amounts falling due after more than one
year

5

27,250

26,638
NET LIABILITIES (1,829 ) (3,133 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (1,929 ) (3,233 )
SHAREHOLDERS' FUNDS (1,829 ) (3,133 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Vintage Saxophones Online Limited (Registered number: 12766378)

Balance Sheet - continued
31 July 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 April 2024 and were signed on its behalf by:





A J Tyler - Director


Vintage Saxophones Online Limited (Registered number: 12766378)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Vintage Saxophones Online Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Going concern
The balance sheet is insolvent and the company is reliant upon the continued support of its director and she has indicated that this support will be forthcoming. As a result of this, the accounts have been prepared on a going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Other creditors 5,705 1,593

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.23 31.7.22
£    £   
Other creditors 27,250 26,638

Vintage Saxophones Online Limited (Registered number: 12766378)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

6. RELATED PARTY DISCLOSURES

As at 31 July 2023 the company owed the directors £29,454 (2022: £28,230).

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party are the Directors.