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REGISTERED NUMBER: 10979947 (England and Wales)















FINANCIAL STATEMENTS FOR THE PERIOD 1 JANUARY 2023 TO 29 FEBRUARY 2024

FOR

VANGUARDER LIMITED

VANGUARDER LIMITED (REGISTERED NUMBER: 10979947)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 1 January 2023 to 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


VANGUARDER LIMITED

COMPANY INFORMATION
for the Period 1 January 2023 to 29 February 2024







DIRECTORS: Mr T Hannigan
Mr P Carson





REGISTERED OFFICE: Unit 3 Chancel Place
Shap Road Industrial Estate
Kendal
Cumbria
LA9 6NZ





REGISTERED NUMBER: 10979947 (England and Wales)





AUDITOR: Jones Peters
6 Church Street
Banbridge
Co Down
Northern Ireland
BT32 4AA

VANGUARDER LIMITED (REGISTERED NUMBER: 10979947)

BALANCE SHEET
29 February 2024

29.2.24 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 56,634 49,020
Tangible assets 5 279,204 199,800
Investments 6 100 100
335,938 248,920

CURRENT ASSETS
Stocks 98,436 146,287
Debtors 7 68,096 78,334
Cash at bank and in hand 1,743 29,047
168,275 253,668
CREDITORS
Amounts falling due within one year 8 96,309 87,668
NET CURRENT ASSETS 71,966 166,000
TOTAL ASSETS LESS CURRENT
LIABILITIES

407,904

414,920

CREDITORS
Amounts falling due after more than one year 9 (146,401 ) (262,917 )

PROVISIONS FOR LIABILITIES (60,216 ) (43,718 )
NET ASSETS 201,287 108,285

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 201,187 108,185
SHAREHOLDERS' FUNDS 201,287 108,285

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 20 December 2024 and were signed on its behalf by:




Mr T Hannigan - Director


VANGUARDER LIMITED (REGISTERED NUMBER: 10979947)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 1 January 2023 to 29 February 2024

1. STATUTORY INFORMATION

Vanguarder 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.

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
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.

Patents and licences are being amortised evenly over their estimated useful life of seven years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Tracking devices - Straight line over 7 years

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 period 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.


VANGUARDER LIMITED (REGISTERED NUMBER: 10979947)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 January 2023 to 29 February 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 period 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
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 period was 4 (2022 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2023 79,177
Additions 22,079
At 29 February 2024 101,256
AMORTISATION
At 1 January 2023 30,157
Charge for period 14,465
At 29 February 2024 44,622
NET BOOK VALUE
At 29 February 2024 56,634
At 31 December 2022 49,020

VANGUARDER LIMITED (REGISTERED NUMBER: 10979947)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 January 2023 to 29 February 2024

5. TANGIBLE FIXED ASSETS
Plant and Tracking
machinery devices Totals
£    £    £   
COST
At 1 January 2023 95,276 215,050 310,326
Additions 99,150 42,150 141,300
Disposals (12,991 ) - (12,991 )
At 29 February 2024 181,435 257,200 438,635
DEPRECIATION
At 1 January 2023 21,477 89,049 110,526
Charge for period 18,828 36,743 55,571
Eliminated on disposal (6,666 ) - (6,666 )
At 29 February 2024 33,639 125,792 159,431
NET BOOK VALUE
At 29 February 2024 147,796 131,408 279,204
At 31 December 2022 73,799 126,001 199,800

6. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 1 January 2023
and 29 February 2024 100
NET BOOK VALUE
At 29 February 2024 100
At 31 December 2022 100

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 31.12.22
£    £   
Trade debtors 60,979 71,874
Other debtors 7,117 6,460
68,096 78,334

VANGUARDER LIMITED (REGISTERED NUMBER: 10979947)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 January 2023 to 29 February 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 31.12.22
£    £   
Bank loans and overdrafts 22,729 -
Hire purchase contracts 31,395 14,878
Trade creditors 14,324 4,707
Taxation and social security 15,289 54,923
Other creditors 12,572 13,160
96,309 87,668

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 31.12.22
£    £   
Hire purchase contracts 53,971 24,997
Other creditors 92,430 237,920
146,401 262,917

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 31.12.22
value: £    £   
100 Ordinary £1 100 100

11. RESERVES
Retained
earnings
£   

At 1 January 2023 108,185
Profit for the period 93,002
At 29 February 2024 201,187

12. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditor was unqualified.

Ken Jones (Senior Statutory Auditor)
for and on behalf of Jones Peters

VANGUARDER LIMITED (REGISTERED NUMBER: 10979947)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 January 2023 to 29 February 2024

13. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 29 February 2024 and the year ended 31 December 2022:

29.2.24 31.12.22
£    £   
Mr T Hannigan
Balance outstanding at start of period (772 ) 1,109
Amounts advanced 568 -
Amounts repaid - (1,881 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period (204 ) (772 )

14. ULTIMATE CONTROLLING PARTY

By virtue of shareholdings, Gartalla Limited, a company incorporated in the Republic of Ireland, is deemed to be the controlling party.