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REGISTERED NUMBER: 09379920 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Blue Diamond Vapors UK Limited

Blue Diamond Vapors UK Limited (Registered number: 09379920)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

Blue Diamond Vapors UK Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: S Tsangarakis





REGISTERED OFFICE: 22 The Cross
Worcester
Worcestershire
WR1 3PZ





REGISTERED NUMBER: 09379920 (England and Wales)





ACCOUNTANTS: Kenneth Morris Limited
1 Aston Court
Bromsgrove Technology Park
Bromsgrove
Worcestershire
B60 3AL

Blue Diamond Vapors UK Limited (Registered number: 09379920)

Abridged Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,665 662

CURRENT ASSETS
Stocks 9,760 10,650
Debtors 833 833
Cash at bank 763 -
11,356 11,483
CREDITORS
Amounts falling due within one year 66,211 44,933
NET CURRENT LIABILITIES (54,855 ) (33,450 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(53,190

)

(32,788

)

CREDITORS
Amounts falling due after more than one
year

3,750

6,237
NET LIABILITIES (56,940 ) (39,025 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (57,040 ) (39,125 )
(56,940 ) (39,025 )

Blue Diamond Vapors UK Limited (Registered number: 09379920)

Abridged Balance Sheet - continued
31 January 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 January 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 27 March 2024 and were signed by:





S Tsangarakis - Director


Blue Diamond Vapors UK Limited (Registered number: 09379920)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Blue Diamond Vapors UK 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.

Going concern
The director has pledged his continuing support to the company and has agreed not to withdraw his directors loan account, currently £59,323, until the company has sufficient funds to do so without prejudicing any other creditor.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

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 Income Statement, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Blue Diamond Vapors UK Limited (Registered number: 09379920)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2023 2,649
Additions 3,153
Disposals (1,503 )
At 31 January 2024 4,299
DEPRECIATION
At 1 February 2023 1,987
Charge for year 647
At 31 January 2024 2,634
NET BOOK VALUE
At 31 January 2024 1,665
At 31 January 2023 662

5. CONTINGENT LIABILITIES

There were no material contingent liabilities at the year end.

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The director has pledged his continuing support to the company and has agreed not to withdraw his directors loan account, currently £59,323, until the company has sufficient funds to do so without prejudicing any other creditor.

The director has provided a personal guarantee for the rent of the leasehold property.

7. POST BALANCE SHEET EVENTS

There were no material post balance sheet events at the year end.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Blue Diamond Vapors UK Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Blue Diamond Vapors UK Limited for the year ended 31 January 2024 which comprise the Abridged Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Blue Diamond Vapors UK Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Blue Diamond Vapors UK Limited and state those matters that we have agreed to state to the director of Blue Diamond Vapors UK Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Blue Diamond Vapors UK Limited and its director for our work or for this report.

It is your duty to ensure that Blue Diamond Vapors UK Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Blue Diamond Vapors UK Limited. You consider that Blue Diamond Vapors UK Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Blue Diamond Vapors UK Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Kenneth Morris Limited
1 Aston Court
Bromsgrove Technology Park
Bromsgrove
Worcestershire
B60 3AL


27 March 2024