REGISTERED NUMBER: |
FINANCIAL STATEMENTS FOR THE PERIOD 1 JANUARY 2023 TO 29 FEBRUARY 2024 |
FOR |
VANGUARDER LIMITED |
REGISTERED NUMBER: |
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: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITOR: |
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 |
Tangible assets | 5 |
Investments | 6 |
CURRENT ASSETS |
Stocks |
Debtors | 7 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 8 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | 9 | ( |
) | ( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 10 |
Retained earnings | 11 |
SHAREHOLDERS' FUNDS |
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 |
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 |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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. |
Tangible fixed assets |
Plant and machinery | - |
Tracking devices | - |
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. | INTANGIBLE FIXED ASSETS |
Other |
intangible |
assets |
£ |
COST |
At 1 January 2023 |
Additions |
At 29 February 2024 |
AMORTISATION |
At 1 January 2023 |
Charge for period |
At 29 February 2024 |
NET BOOK VALUE |
At 29 February 2024 |
At 31 December 2022 |
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 |
Additions |
Disposals | ( |
) | ( |
) |
At 29 February 2024 |
DEPRECIATION |
At 1 January 2023 |
Charge for period |
Eliminated on disposal | ( |
) | ( |
) |
At 29 February 2024 |
NET BOOK VALUE |
At 29 February 2024 |
At 31 December 2022 |
6. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertaking |
£ |
COST |
At 1 January 2023 |
and 29 February 2024 |
NET BOOK VALUE |
At 29 February 2024 |
At 31 December 2022 |
7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
29.2.24 | 31.12.22 |
£ | £ |
Trade debtors |
Other debtors |
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 |
Hire purchase contracts |
Trade creditors |
Taxation and social security |
Other creditors |
9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
29.2.24 | 31.12.22 |
£ | £ |
Hire purchase contracts |
Other creditors |
10. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 29.2.24 | 31.12.22 |
value: | £ | £ |
Ordinary | £1 | 100 | 100 |
11. | RESERVES |
Retained |
earnings |
£ |
At 1 January 2023 |
Profit for the period |
At 29 February 2024 |
12. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditor was unqualified. |
for and on behalf of |
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 |
£ | £ |
Balance outstanding at start of period | ( |
) |
Amounts advanced |
Amounts repaid | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of period | ( |
) | ( |
) |
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. |