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REGISTERED NUMBER: 09519358 (England and Wales)
















Unaudited Financial Statements for the Year Ended 28 September 2023

for

VACS Europe Limited

VACS Europe Limited (Registered number: 09519358)






Contents of the Financial Statements
for the Year Ended 28 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


VACS Europe Limited

Company Information
for the Year Ended 28 September 2023







DIRECTORS: J P McClean
Ovm Consulting Ltd





REGISTERED OFFICE: Budbrooke Point No 3
Budbrooke Industrial Estate
Budbrooke Road
Warwick
Warwickshire
CV34 5XH





REGISTERED NUMBER: 09519358 (England and Wales)





ACCOUNTANTS: Boyds Accountants
Britannia Court
5 Moor Street
Worcester
Worcestershire
WR1 3DB

VACS Europe Limited (Registered number: 09519358)

Balance Sheet
28 September 2023

28.9.23 28.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,448 1,468

CURRENT ASSETS
Stocks 709,220 502,126
Debtors 5 314,718 530,698
1,023,938 1,032,824
CREDITORS
Amounts falling due within one year 6 572,267 696,381
NET CURRENT ASSETS 451,671 336,443
TOTAL ASSETS LESS CURRENT
LIABILITIES

453,119

337,911

CREDITORS
Amounts falling due after more than one
year

7

(17,500

)

(27,500

)

PROVISIONS FOR LIABILITIES (275 ) -
NET ASSETS 435,344 310,411

CAPITAL AND RESERVES
Called up share capital 8 10 10
Retained earnings 9 435,334 310,401
SHAREHOLDERS' FUNDS 435,344 310,411

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 September 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.

VACS Europe Limited (Registered number: 09519358)

Balance Sheet - continued
28 September 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 September 2024 and were signed on its behalf by:





J P McClean - Director


VACS Europe Limited (Registered number: 09519358)

Notes to the Financial Statements
for the Year Ended 28 September 2023

1. STATUTORY INFORMATION

VACS Europe 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.

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.
Plant and machinery - Straight line over 3 - 5 years

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.

Foreign currencies
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the
date of the transaction. At the end of each reporting period foreign currency monetary items are
translated at the closing rate of exchange. Non-monetary items that are measured at historical
cost are translated at the rate ruling at the date of the transaction. All differences are charged to
profit or loss.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

VACS Europe Limited (Registered number: 09519358)

Notes to the Financial Statements - continued
for the Year Ended 28 September 2023

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 29 September 2022 6,472
Additions 2,167
At 28 September 2023 8,639
DEPRECIATION
At 29 September 2022 5,004
Charge for year 2,187
At 28 September 2023 7,191
NET BOOK VALUE
At 28 September 2023 1,448
At 28 September 2022 1,468

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.9.23 28.9.22
£    £   
Trade debtors 247,038 466,075
Other debtors 67,680 64,623
314,718 530,698

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.9.23 28.9.22
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 444,582 203,343
Taxation and social security 117,685 75,245
Other creditors - 407,793
572,267 696,381

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.9.23 28.9.22
£    £   
Bank loans 17,500 27,500

VACS Europe Limited (Registered number: 09519358)

Notes to the Financial Statements - continued
for the Year Ended 28 September 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.9.23 28.9.22
value: £    £   
10 Ordinary 1 10 10

9. RESERVES
Retained
earnings
£   

At 29 September 2022 310,401
Profit for the year 124,933
At 28 September 2023 435,334

10. ULTIMATE CONTROLLING PARTY

The controlling party is J P McClean.