Company Registration No. 12416176 (England and Wales)
Love N Vape Ltd
Unaudited accounts
for the year ended 31 December 2023
Love N Vape Ltd
Unaudited accounts
Contents
Love N Vape Ltd
Company Information
for the year ended 31 December 2023
Company Number
12416176 (England and Wales)
Registered Office
27-28 Baxter Gate
Doncaster
DN1 1LD
Accountants
Sultan Accountants Ltd
298 Gibbet Street
Halifax
West Yorkshire
HX1 4JX
Love N Vape Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
13,328
4,154
Cash at bank and in hand
40,317
27,021
Creditors: amounts falling due within one year
(18,079)
(19,686)
Net current assets
57,463
48,135
Total assets less current liabilities
70,791
52,289
Creditors: amounts falling due after more than one year
(13,835)
(15,420)
Called up share capital
100
100
Profit and loss account
56,856
36,769
Shareholders' funds
56,956
36,869
For the year 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 director acknowledges his 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 and authorised for issue on 19 September 2024 and were signed on its behalf by
Ihtisham Hussain
Director
Company Registration No. 12416176
Love N Vape Ltd
Notes to the Accounts
for the year ended 31 December 2023
Love N Vape Ltd is a private company, limited by shares, registered in England and Wales, registration number 12416176. The registered office is 27-28 Baxter Gate, Doncaster, DN1 1LD.
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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 remained unchanged from the previous year, and also 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.
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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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2023
6,778
766
7,544
At 31 December 2023
18,902
766
19,668
At 1 January 2023
3,048
342
3,390
Charge for the year
2,836
114
2,950
At 31 December 2023
5,884
456
6,340
At 31 December 2023
13,018
310
13,328
At 31 December 2022
3,730
424
4,154
Love N Vape Ltd
Notes to the Accounts
for the year ended 31 December 2023
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
11,254
8,288
Taxes and social security
4,677
5,315
Other creditors
1,500
1,000
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Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
3,200
3,200
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Average number of employees
During the year the average number of employees was 3 (2022: 3).