Registration number:
Vend Vape Ltd
for the Period from 2 February 2023 to 31 December 2023
Vend Vape Ltd
Contents
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Company Information |
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Balance Sheet |
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Notes to the Financial Statements |
Vend Vape Ltd
Company Information
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Directors |
Mr RS Ingleby Miss CD Wilkinson Miss K L Young |
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Registered office |
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Auditors |
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Vend Vape Ltd
(Registration number: 14633550)
Balance Sheet as at 31 December 2023
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Note |
2023 |
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Current assets |
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Debtors |
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Capital and reserves |
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Called up share capital |
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Shareholders' funds |
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These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.
Approved and authorised by the
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Vend Vape Ltd
Notes to the Financial Statements for the Period from 2 February 2023 to 31 December 2023
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
England
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Going concern
The company receives support from its immediate parent, International Connections Group Limited and will continue to for at least 12 months from the date of signing of the balance sheet. For this reason the accounts have been prepared on a going concern basis.
Vend Vape Ltd
Notes to the Financial Statements for the Period from 2 February 2023 to 31 December 2023
Audit report
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Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
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Staff numbers |
The average number of persons employed by the company (including directors) during the period, was
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Auditors' liability limitation |
The company entered into a liability limitation agreement with the auditor on 21st November 2023. The liability of the auditor in respect of any claim or claims made by the company is limited to £4,000,000 inclusive of interest and costs.
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Debtors |
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Current |
Note |
2023 |
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Amounts owed by related parties |
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Other debtors |
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Share capital |
Allotted, called up and fully paid shares
Vend Vape Ltd
Notes to the Financial Statements for the Period from 2 February 2023 to 31 December 2023
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2023 |
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No. |
£ |
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100 |
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Relationship between entity and parents |
The parent of the smallest group in which these financial statements are consolidated is
The address of International Connections Group Limited is:
Blackpool
Lancashire
England
FY4 2DP