Company Registration No. 14541180 (England and Wales)
Vendovape Ltd
Unaudited accounts
for the period from 14 December 2022 to 31 December 2023
Vendovape Ltd
Unaudited accounts
Contents
Vendovape Ltd
Company Information
for the period from 14 December 2022 to 31 December 2023
Directors
Jesse Shaw
Joshua Christmas
Company Number
14541180 (England and Wales)
Registered Office
3 Longlands Road
East Wittering
Chichester
West Sussex
PO20 8DE
England
Accountants
Paul Wragg FCA
87 Redwing Road
Clanfield
Waterlooville
Hampshire
PO8 0LX
Vendovape Ltd
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
14,261
Creditors: amounts falling due within one year
(45,157)
Net current liabilities
(24,609)
Total assets less current liabilities
13,585
Provisions for liabilities
Called up share capital
10
Profit and loss account
5,936
For the period ending 31 December 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 11 September 2024 and were signed on its behalf by
Jesse Shaw
Director
Company Registration No. 14541180
Vendovape Ltd
Notes to the Accounts
for the period from 14 December 2022 to 31 December 2023
Vendovape Ltd is a private company, limited by shares, registered in England and Wales, registration number 14541180. The registered office is 3 Longlands Road, East Wittering, Chichester, West Sussex, PO20 8DE, England.
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 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Vendovape Ltd
Notes to the Accounts
for the period from 14 December 2022 to 31 December 2023
4
Tangible fixed assets
Plant & machinery
At 31 December 2023
45,356
Charge for the period
7,162
At 31 December 2023
38,194
5
Creditors: amounts falling due within one year
2023
Loans from directors
45,157
6
Average number of employees
During the period the average number of employees was 0.