VAVOOM FINANCE GROUP LIMITED

Company Registration Number:
13154795 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 February 2024

End date: 31 December 2024

VAVOOM FINANCE GROUP LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

VAVOOM FINANCE GROUP LIMITED

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal activities of the company

The principal activity of the group in the year under review was that of vehicle credit broker



Directors

The director shown below has held office during the whole of the period from
1 February 2024 to 31 December 2024

Stuart Adam


The director shown below has held office during the period of
28 June 2024 to 31 December 2024

Robert Ward


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
6 May 2025

And signed on behalf of the board by:
Name: Stuart Adam
Status: Director

VAVOOM FINANCE GROUP LIMITED

Profit And Loss Account

for the Period Ended 31 December 2024

31 December 2024 31 January 2024


£

£
Turnover: 0 0
Cost of sales: 0 0
Gross profit(or loss): 0 0
Administrative expenses: ( 179,669 ) ( 299,690 )
Operating profit(or loss): (179,669) (299,690)
Interest receivable and similar income: 1,354 0
Interest payable and similar charges: ( 22,373 ) ( 30,168 )
Profit(or loss) before tax: (200,688) (329,858)
Tax: 0 0
Profit(or loss) for the financial year: (200,688) (329,858)

VAVOOM FINANCE GROUP LIMITED

Balance sheet

As at 31 December 2024

Notes 31 December 2024 31 January 2024


£

£
Fixed assets
Tangible assets: 3 1,706 4,122
Investments: 4 200 200
Total fixed assets: 1,906 4,322
Current assets
Debtors: 5 375,080 375,080
Cash at bank and in hand: 165,904 15,286
Total current assets: 540,984 390,366
Creditors: amounts falling due within one year: 6 ( 794,478 ) ( 199,989 )
Net current assets (liabilities): (253,494) 190,377
Total assets less current liabilities: (251,588) 194,699
Creditors: amounts falling due after more than one year: 7 ( 83,788 ) ( 329,387 )
Total net assets (liabilities): (335,376) (134,688)
Capital and reserves
Called up share capital: 100 100
Other reserves: 875,000 875,000
Profit and loss account: (1,210,476 ) (1,009,788 )
Total Shareholders' funds: ( 335,376 ) (134,688)

The notes form part of these financial statements

VAVOOM FINANCE GROUP LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 6 May 2025
and signed on behalf of the board by:

Name: Stuart Adam
Status: Director

The notes form part of these financial statements

VAVOOM FINANCE GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

VAVOOM FINANCE GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    31 December 2024 31 January 2024
    Average number of employees during the period 2 2

VAVOOM FINANCE GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2024 10,541 10,541
Additions
Disposals
Revaluations
Transfers
At 31 December 2024 10,541 10,541
Depreciation
At 1 February 2024 6,419 6,419
Charge for year 2,416 2,416
On disposals
Other adjustments
At 31 December 2024 8,835 8,835
Net book value
At 31 December 2024 1,706 1,706
At 31 January 2024 4,122 4,122

VAVOOM FINANCE GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Fixed assets investments note

Fixed Assets Investments of £200 represent shares in subsidiary companies

VAVOOM FINANCE GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Debtors

31 December 2024 31 January 2024
£ £
Trade debtors 0 0
Other debtors 375,080 375,080
Total 375,080 375,080
Debtors due after more than one year: 375,000 375,000

VAVOOM FINANCE GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due within one year note

31 December 2024 31 January 2024
£ £
Trade creditors 900 0
Taxation and social security 10,293 10,550
Other creditors 783,285 189,439
Total 794,478 199,989

Other Creditors as at 31 December 2024 includes £670,034 Amounts Owed to Group undertakings (1 January 2024 £118,826)

VAVOOM FINANCE GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

7. Creditors: amounts falling due after more than one year note

31 December 2024 31 January 2024
£ £
Other creditors 83,788 329,387
Total 83,788 329,387

Included in Other Creditors as at 31 December 2024 is the sum of £83,899 (£329,387 as at 31 January 2024) which is a Loan due to a company under common control