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Company Registration No. 5601508 (England and Wales)
Vaporate Trading UK Limited Unaudited accounts for the year ended 31 March 2024
Vaporate Trading UK Limited Company Information for the year ended 31 March 2024
Directors
R Hewson C Hewson
Secretary
R Hewson
Company Number
5601508 (England and Wales)
Registered Office
8 Rossett Green Lane Harrogate North Yorkshire HG2 9LJ
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Vaporate Trading UK Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
374,399 
Investment property
705,000 
- 
705,000 
374,399 
Current assets
Debtors
500 
1,142 
Cash at bank and in hand
126 
4,484 
626 
5,626 
Creditors: amounts falling due within one year
(29,347)
(33,134)
Net current liabilities
(28,721)
(27,508)
Total assets less current liabilities
676,279 
346,891 
Creditors: amounts falling due after more than one year
(345,184)
(142,500)
Net assets
331,095 
204,391 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
330,095 
203,391 
Shareholders' funds
331,095 
204,391 
For the year ending 31 March 2024 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 10 May 2024 and were signed on its behalf by
C Hewson Director Company Registration No. 5601508
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Vaporate Trading UK Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Vaporate Trading UK Limited is a private company, limited by shares, registered in England and Wales, registration number 5601508. The registered office is 8 Rossett Green Lane, Harrogate, North Yorkshire, HG2 9LJ.
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
These financial statements for the year ended 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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:
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Vaporate Trading UK Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 April 2023
374,399 
Additions
204,407 
Transfer to investment property
(578,806)
At 31 March 2024
- 
Depreciation
At 31 March 2024
- 
Net book value
At 31 March 2024
- 
At 31 March 2023
374,399 
5
Investment property
2024 
£ 
Additions
578,806 
Net gain from fair value adjustments
126,194 
At 31 March 2024
705,000 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
500 
1,142 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
880 
- 
Taxes and social security
113 
- 
Loans from directors
27,774 
32,112 
Accruals
580 
1,022 
29,347 
33,134 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
142,500 
142,500 
Other creditors
94,500 
- 
Loans from directors
108,184 
- 
345,184 
142,500 
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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