Company registration number 11836380 (England and Wales)
VAGABOND ANTIQUES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024
PAGES FOR FILING WITH REGISTRAR
VAGABOND ANTIQUES LIMITED
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF VAGABOND ANTIQUES LIMITED FOR THE YEAR ENDED 28 FEBRUARY 2024
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Vagabond Antiques Limited for the year ended 28 February 2024, which comprise the balance sheet, 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 at https://www.icaew.com/regulation.
This report is made solely to the board of directors of Vagabond Antiques Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Vagabond Antiques Limited and state those matters that we have agreed to state to the board of directors of Vagabond Antiques Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Vagabond Antiques Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Vagabond Antiques Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Vagabond Antiques 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 Vagabond Antiques 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.
Carpenter Box
8 November 2024
Chartered Accountants
Amelia House
Crescent Road
Worthing
West Sussex
BN11 1RL
VAGABOND ANTIQUES LIMITED
BALANCE SHEET
AS AT
28 FEBRUARY 2024
28 February 2024
- 2 -
2024
2023
£
£
£
£
Fixed assets
37,908
50,857
Current assets
548,940
262,717
Creditors: amounts falling due within one year
(157,340)
(177,458)
Net current assets
391,600
85,259
Total assets less current liabilities
429,508
136,116
Creditors: amounts falling due after more than one year
(423,160)
(91,163)
Net assets
6,348
44,953
Capital and reserves
6,348
44,953
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
As at 28 February 2024, the director owed the company £0 (2023 - £27).
2
Financial commitments, guarantees and contingencies
As at 28 February 2024, the company was committed to making payments totalling £36,000 (2023 - £15,000) under non-cancellable operating leases.
3
Employees
The average number of persons employed by the company during the year was 2 (2023 - 2).
Vagabond Antiques Limited is a private company limited by shares incorporated in England and Wales. The registered office is Market Square, Petworth, West Sussex, GU28 0AH.
For the year ended 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
VAGABOND ANTIQUES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
28 FEBRUARY 2024
28 February 2024
- 3 -
The financial statements were approved and signed by the director and authorised for issue on 8 November 2024
Mr J Chaffer
Director
Company registration number 11836380 (England and Wales)