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REGISTERED NUMBER: 10757198 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 May 2024

for

Vegivores Limited

Vegivores Limited (Registered number: 10757198)

Contents of the Financial Statements
for the Year Ended 31 May 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Vegivores Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: K Farrell
S E Lowndes





REGISTERED OFFICE: 41 Church Street
Caversham
Reading
Berkshire
RG4 8BA





REGISTERED NUMBER: 10757198 (England and Wales)





ACCOUNTANTS: Solutions 4 Caterers Ltd
Westmead House
Westmead
Farnborough
Hampshire
GU14 7LP

Vegivores Limited (Registered number: 10757198)

Statement of Financial Position
31 May 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 338 388
Tangible assets 5 76,663 66,430
77,001 66,818

CURRENT ASSETS
Debtors 6 36,774 27,123
Cash at bank 15,209 92,492
51,983 119,615
CREDITORS
Amounts falling due within one year 7 (159,117 ) (122,068 )
NET CURRENT LIABILITIES (107,134 ) (2,453 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(30,133

)

64,365

CREDITORS
Amounts falling due after more than one
year

8

(41,496

)

(16,605

)
NET (LIABILITIES)/ASSETS (71,629 ) 47,760

CAPITAL AND RESERVES
Called up share capital 150 150
Share premium 106,770 106,770
Retained earnings (178,549 ) (59,160 )
SHAREHOLDERS' FUNDS (71,629 ) 47,760

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

Vegivores Limited (Registered number: 10757198)

Statement of Financial Position - continued
31 May 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 February 2025 and were signed on its behalf by:





K Farrell - Director


Vegivores Limited (Registered number: 10757198)

Notes to the Financial Statements
for the Year Ended 31 May 2024


1. STATUTORY INFORMATION

Vegivores Limited 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.

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.

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

Intangible assets
The website is being amortised evenly over its estimated useful life of 3 years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - Over the remaining period of the lease
Plant and machinery - 20-33% on cost
Computer equipment - 20-33% on cost

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 statement of financial position date.

Leasing commitments
Rentals paid under operating leases are charged to the Income Statement on a straight line basis over the period of the lease.

Pension costs
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the Income Statement in the period to which they relate.

Going concern
After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2023 - 21 ) .

Vegivores Limited (Registered number: 10757198)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


4. INTANGIBLE FIXED ASSETS
Website
£   
COST
At 1 June 2023
and 31 May 2024 2,460
AMORTISATION
At 1 June 2023 2,072
Amortisation for year 50
At 31 May 2024 2,122
NET BOOK VALUE
At 31 May 2024 338
At 31 May 2023 388

5. TANGIBLE FIXED ASSETS
Improvements
to Plant and Computer
property machinery equipment Totals
£    £    £    £   
COST
At 1 June 2023 123,475 61,203 1,381 186,059
Additions 24,747 32,344 457 57,548
At 31 May 2024 148,222 93,547 1,838 243,607
DEPRECIATION
At 1 June 2023 80,968 37,280 1,381 119,629
Charge for year 28,633 18,225 457 47,315
At 31 May 2024 109,601 55,505 1,838 166,944
NET BOOK VALUE
At 31 May 2024 38,621 38,042 - 76,663
At 31 May 2023 42,507 23,923 - 66,430

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,643 3,600
Other debtors 24,250 18,074
Prepayments 8,881 5,449
36,774 27,123

Vegivores Limited (Registered number: 10757198)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 20,847 7,700
Trade creditors 21,353 9,220
Social security and other taxes 15,407 11,610
VAT 35,302 31,284
Other creditors 780 681
Director's current account 2,255 745
Accruals and deferred income 63,173 60,828
159,117 122,068

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 18,230 7,700
Bank loans - 2-5 years 23,266 8,905
41,496 16,605

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 75,000 50,000
Between one and five years 300,000 200,000
In more than five years 455,808 308,000
830,808 558,000

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2024 and 31 May 2023:

2024 2023
£    £   
K Farrell
Balance outstanding at start of year (745 ) (2,230 )
Amounts advanced 22,766 32,281
Amounts repaid (24,276 ) (30,796 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (2,255 ) (745 )

The above loan is unsecured, interest free and repayable on demand.

11. SUBSEQUENT EVENTS

Subsequent to the year-end the company issued 31 Ordinary shares of £1 each at varying prices for a total overall consideration of £30,346.