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REGISTERED NUMBER: 08220539 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Vaughan Creations Limited

Vaughan Creations Limited (Registered number: 08220539)






Contents of the Financial Statements
for the year ended 30 September 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Vaughan Creations Limited

Company Information
for the year ended 30 September 2024







DIRECTORS: B C Vaughan
Mrs S J Vaughan





REGISTERED OFFICE: Williamston House
7 Goat Street
Haverfordwest
Pembrokeshire
SA61 1PX





REGISTERED NUMBER: 08220539 (England and Wales)

Vaughan Creations Limited (Registered number: 08220539)

Abridged Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 74,303 25,300

CURRENT ASSETS
Stocks 78,405 73,142
Debtors 6,893 6,912
Cash at bank and in hand 172,897 180,867
258,195 260,921
CREDITORS
Amounts falling due within one year 89,504 88,472
NET CURRENT ASSETS 168,691 172,449
TOTAL ASSETS LESS CURRENT
LIABILITIES

242,994

197,749

CREDITORS
Amounts falling due after more than one
year

5

(26,997

)

(32,360

)

PROVISIONS FOR LIABILITIES (11,118 ) (4,711 )
NET ASSETS 204,879 160,678

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 204,877 160,676
SHAREHOLDERS' FUNDS 204,879 160,678

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Vaughan Creations Limited (Registered number: 08220539)

Abridged Balance Sheet - continued
30 September 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 September 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 June 2025 and were signed on its behalf by:




B C Vaughan - Director



Mrs S J Vaughan - Director


Vaughan Creations Limited (Registered number: 08220539)

Notes to the Financial Statements
for the year ended 30 September 2024

1. STATUTORY INFORMATION

Vaughan Creations 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.

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
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 year was 7 (2023 - 7 ) .

Vaughan Creations Limited (Registered number: 08220539)

Notes to the Financial Statements - continued
for the year ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 October 2023 41,790
Additions 62,729
At 30 September 2024 104,519
DEPRECIATION
At 1 October 2023 16,490
Charge for year 13,726
At 30 September 2024 30,216
NET BOOK VALUE
At 30 September 2024 74,303
At 30 September 2023 25,300

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
30.9.24 30.9.23
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 26,997 32,360