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REGISTERED NUMBER: 03217160 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Vacucom Limited

Vacucom Limited (Registered number: 03217160)






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




Page

Balance Sheet 1

Notes to the Financial Statements 3


Vacucom Limited (Registered number: 03217160)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 4,765 6,965
Tangible assets 5 78,335 96,608
Investments 6 187,412 274,218
270,512 377,791

CURRENT ASSETS
Stocks 88,063 86,612
Debtors 7 250,806 189,117
Cash at bank and in hand 244,686 126,235
583,555 401,964
CREDITORS
Amounts falling due within one year 8 137,549 160,892
NET CURRENT ASSETS 446,006 241,072
TOTAL ASSETS LESS CURRENT LIABILITIES 716,518 618,863

CREDITORS
Amounts falling due after more than one year 9 (7,889 ) (18,200 )

PROVISIONS FOR LIABILITIES (7,870 ) (11,690 )
NET ASSETS 700,759 588,973

CAPITAL AND RESERVES
Called up share capital 100 100
Capital redemption reserve 50 50
Retained earnings 700,609 588,823
SHAREHOLDERS' FUNDS 700,759 588,973

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

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

Vacucom Limited (Registered number: 03217160)

Balance Sheet - continued
30 September 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 February 2025 and were signed on its behalf by:





Mr T Cox - Director


Vacucom Limited (Registered number: 03217160)

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

1. STATUTORY INFORMATION

Vacucom Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 03217160

Registered office: Ebenezer House
Ryecroft
Newcastle-under-Lyme
Staffordshire
ST5 2BE

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised as the company becomes entitled to consideration for the goods supplied. Therefore, turnover also includes the element of work completed but not yet invoiced.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 reducing balance
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% 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 Profit and Loss Account, 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.


Vacucom Limited (Registered number: 03217160)

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

2. ACCOUNTING POLICIES - continued
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
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Investments
Fixed asset investments are stated at cost less provision for diminution in value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 30 September 2024 21,998
AMORTISATION
At 1 October 2023 15,033
Amortisation for year 2,200
At 30 September 2024 17,233
NET BOOK VALUE
At 30 September 2024 4,765
At 30 September 2023 6,965

Vacucom Limited (Registered number: 03217160)

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

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 October 2023 36,158 151,998 38,048
Additions - 5,438 -
At 30 September 2024 36,158 157,436 38,048
DEPRECIATION
At 1 October 2023 24,450 106,518 33,282
Charge for year 1,173 12,731 953
At 30 September 2024 25,623 119,249 34,235
NET BOOK VALUE
At 30 September 2024 10,535 38,187 3,813
At 30 September 2023 11,708 45,480 4,766

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2023 79,808 25,418 331,430
Additions - 548 5,986
At 30 September 2024 79,808 25,966 337,416
DEPRECIATION
At 1 October 2023 52,121 18,451 234,822
Charge for year 6,922 2,480 24,259
At 30 September 2024 59,043 20,931 259,081
NET BOOK VALUE
At 30 September 2024 20,765 5,035 78,335
At 30 September 2023 27,687 6,967 96,608

Vacucom Limited (Registered number: 03217160)

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

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 October 2023 60,018
Transfer to ownership (60,018 )
At 30 September 2024 -
DEPRECIATION
At 1 October 2023 34,698
Transfer to ownership (34,698 )
At 30 September 2024 -
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 25,320

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 October 2023 274,218
Disposals (118,000 )
Revaluations 31,194
At 30 September 2024 187,412
NET BOOK VALUE
At 30 September 2024 187,412
At 30 September 2023 274,218

Cost or valuation at 30 September 2024 is represented by:

Other
investments
£   
Valuation in 2020 1,686
Valuation in 2021 15,563
Valuation in 2022 (71,949 )
Valuation in 2023 78,618
Valuation in 2024 31,194
Cost 132,300
187,412

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 177,544 173,441
Other debtors 73,262 15,676
250,806 189,117

Vacucom Limited (Registered number: 03217160)

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

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,311 10,057
Hire purchase contracts - 1,829
Trade creditors 16,795 59,007
Taxation and social security 102,563 68,064
Other creditors 7,880 21,935
137,549 160,892

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 7,889 18,200

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts - 1,829

Hire purchase creditor is secured by charge over the asset to which it relates.

11. OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £41,207 (2023 - £57,100). These financial commitments represent the total amount of payments remaining on operating leases ending between 2025 and 2028.

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
Mr S Cox Esq
Balance outstanding at start of year (8,990 ) (42,260 )
Amounts advanced 104,200 56,200
Amounts repaid (34,200 ) (22,930 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 61,010 (8,990 )

13. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is TRCoxy Ltd.