IRIS Accounts Production v24.3.0.553 13084926 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh130849262023-04-30130849262024-04-30130849262023-05-012024-04-30130849262022-04-30130849262022-05-012023-04-30130849262023-04-3013084926ns15:EnglandWales2023-05-012024-04-3013084926ns14:PoundSterling2023-05-012024-04-3013084926ns10:Director12023-05-012024-04-3013084926ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3013084926ns10:SmallEntities2023-05-012024-04-3013084926ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3013084926ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3013084926ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3013084926ns10:FullAccounts2023-05-012024-04-301308492612023-05-012024-04-3013084926ns10:OrdinaryShareClass12023-05-012024-04-3013084926ns10:Director22023-05-012024-04-3013084926ns10:RegisteredOffice2023-05-012024-04-3013084926ns5:CurrentFinancialInstruments2024-04-3013084926ns5:CurrentFinancialInstruments2023-04-3013084926ns5:Non-currentFinancialInstruments2024-04-3013084926ns5:Non-currentFinancialInstruments2023-04-3013084926ns5:ShareCapital2024-04-3013084926ns5:ShareCapital2023-04-3013084926ns5:RetainedEarningsAccumulatedLosses2024-04-3013084926ns5:RetainedEarningsAccumulatedLosses2023-04-3013084926ns5:LeaseholdImprovements2023-05-012024-04-3013084926ns5:PlantMachinery2023-05-012024-04-3013084926ns5:MotorVehicles2023-05-012024-04-3013084926ns5:IntangibleAssetsOtherThanGoodwill2023-04-3013084926ns5:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3013084926ns5:IntangibleAssetsOtherThanGoodwill2024-04-3013084926ns5:IntangibleAssetsOtherThanGoodwill2023-04-3013084926ns5:LeaseholdImprovements2023-04-3013084926ns5:PlantMachinery2023-04-3013084926ns5:MotorVehicles2023-04-3013084926ns5:LeaseholdImprovements2024-04-3013084926ns5:PlantMachinery2024-04-3013084926ns5:MotorVehicles2024-04-3013084926ns5:LeaseholdImprovements2023-04-3013084926ns5:PlantMachinery2023-04-3013084926ns5:MotorVehicles2023-04-3013084926ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-04-3013084926ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-05-012024-04-3013084926ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-04-3013084926ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-04-3013084926ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3013084926ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3013084926ns10:OrdinaryShareClass12024-04-30
REGISTERED NUMBER: 13084926 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 30 April 2024

for

Vac-Con Ltd

Vac-Con Ltd (Registered number: 13084926)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Vac-Con Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTORS: S Conroy
C L Cook





REGISTERED OFFICE: Acorn House
85 Wainfleet Road
Skegness
PE25 2EL





REGISTERED NUMBER: 13084926 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
Northgate House
Northgate
Sleaford
Lincolnshire
NG34 7BZ

Vac-Con Ltd (Registered number: 13084926)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 4,490 6,150
Tangible assets 5 948,405 277,167
952,895 283,317

CURRENT ASSETS
Stocks 400,000 67,363
Debtors 6 1,881,726 1,536,695
Cash at bank 65,720 40,053
2,347,446 1,644,111
CREDITORS
Amounts falling due within one year 7 2,151,804 1,511,691
NET CURRENT ASSETS 195,642 132,420
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,148,537

415,737

CREDITORS
Amounts falling due after more than one
year

8

(672,085

)

(84,738

)

PROVISIONS FOR LIABILITIES (78,300 ) (51,273 )
NET ASSETS 398,152 279,726

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 398,052 279,626
SHAREHOLDERS' FUNDS 398,152 279,726

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

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 16 November 2024 and were signed on its behalf by:



S Conroy - Director


Vac-Con Ltd (Registered number: 13084926)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Vac-Con Ltd 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 10% on cost
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 11 ) .

Vac-Con Ltd (Registered number: 13084926)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 May 2023 9,661
Additions 929
At 30 April 2024 10,590
AMORTISATION
At 1 May 2023 3,511
Charge for year 2,589
At 30 April 2024 6,100
NET BOOK VALUE
At 30 April 2024 4,490
At 30 April 2023 6,150

5. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 May 2023 69,500 108,020 149,038 326,558
Additions 9,900 50,225 685,000 745,125
At 30 April 2024 79,400 158,245 834,038 1,071,683
DEPRECIATION
At 1 May 2023 9,540 28,325 11,526 49,391
Charge for year 7,032 10,021 56,834 73,887
At 30 April 2024 16,572 38,346 68,360 123,278
NET BOOK VALUE
At 30 April 2024 62,828 119,899 765,678 948,405
At 30 April 2023 59,960 79,695 137,512 277,167

Vac-Con Ltd (Registered number: 13084926)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 May 2023 174,250
Additions 60,125
At 30 April 2024 234,375
DEPRECIATION
At 1 May 2023 37,457
Charge for year 17,053
At 30 April 2024 54,510
NET BOOK VALUE
At 30 April 2024 179,865
At 30 April 2023 136,793

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 92,464 63,007
Amounts owed by participating interests 420,426 -
Amounts recoverable on contracts 1,185,000 1,250,000
Other debtors 183,836 223,688
1,881,726 1,536,695

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 165,697 72,764
Trade creditors 196,053 62,365
Amounts owed to participating interests 528,777 -
Taxation and social security 152,783 24,102
Other creditors 1,108,494 1,352,460
2,151,804 1,511,691

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 357,085 84,738
Amounts owed to group undertakings 315,000 -
672,085 84,738

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100