Company Registration No. NI673880 (Northern Ireland)
Port Vapes Ltd
Unaudited accounts
for the year ended 30 November 2024
Port Vapes Ltd
Unaudited accounts
Contents
Port Vapes Ltd
Company Information
for the year ended 30 November 2024
Company Number
NI673880 (Northern Ireland)
Registered Office
98A MAIN STREET
PORTRUSH
BT56 8BN
NORTHERN IRELAND
Port Vapes Ltd
Statement of financial position
as at 30 November 2024
Tangible assets
11,082
12,169
Cash at bank and in hand
15,658
78,370
Creditors: amounts falling due within one year
(14,745)
(24,362)
Net current assets
10,813
58,908
Total assets less current liabilities
21,895
71,077
Creditors: amounts falling due after more than one year
353
(31,204)
Profit and loss account
22,148
39,773
Shareholders' funds
22,248
39,873
For the year ending 30 November 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 August 2025 and were signed on its behalf by
Ian Dowds
Director
Company Registration No. NI673880
Port Vapes Ltd
Notes to the Accounts
for the year ended 30 November 2024
Port Vapes Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI673880. The registered office is 98A MAIN STREET, PORTRUSH, BT56 8BN, NORTHERN IRELAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5 yr s/l
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2023
-
12,296
-
12,296
At 30 November 2024
843
12,296
648
13,787
At 1 December 2023
-
127
-
127
Charge for the year
65
2,459
54
2,578
At 30 November 2024
65
2,586
54
2,705
At 30 November 2024
778
9,710
594
11,082
At 30 November 2023
-
12,169
-
12,169
Amounts falling due within one year
Port Vapes Ltd
Notes to the Accounts
for the year ended 30 November 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
7,849
10,080
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
(353)
31,204
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).