REGISTERED NUMBER: 08486242 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

GO VAPOUR UK LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr N Morris

Mrs J Morris

REGISTERED OFFICE:

Kingsgate House

North Wing, Ground Floor

Newbury Road

Andover

Hampshire

SP10 4DU

REGISTERED NUMBER:

08486242 (England and Wales)

FIXED ASSETS

Tangible assets

5

1,288

1,661

CURRENT ASSETS

Stocks

12,657

17,016

Debtors

6

9,407

21,488

Cash at bank and in hand

7,027

3,713

29,091

42,217

CREDITORS

Amounts falling due within one year

7

22,136

25,937

NET CURRENT ASSETS

6,955

16,280

TOTAL ASSETS LESS CURRENT LIABILITIES

8,243

17,941

CREDITORS

Amounts falling due after more than one year

8

(6,667

)

(16,666

)

PROVISIONS FOR LIABILITIES

(245

)

(316

)

NET ASSETS

1,331

959

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

1,231

859

SHAREHOLDERS' FUNDS

1,331

959

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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.

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

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 3 September 2025 and were signed on its behalf by:

Mr N Morris - Director

1.	STATUTORY INFORMATION

Go Vapour UK Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The company's principal place of business is 2 Newbury Street, Andover, Hampshire, SP10 1DN.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Shop equipment

-

33% straight line

Computer equipment

-

33% straight line

All fixed assets are initially recorded 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 year 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.

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 year 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.

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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 6 ) .

5.	TANGIBLE FIXED ASSETS

Shop

Computer

equipment

equipment

Totals

£

£

£

COST

At 1 May 2024

46,947

7,850

54,797

Disposals

(43,496

)

-

(43,496

)

At 30 April 2025

3,451

7,850

11,301

DEPRECIATION

At 1 May 2024

45,287

7,849

53,136

Charge for year

245

-

245

Eliminated on disposal

(43,368

)

-

(43,368

)

At 30 April 2025

2,164

7,849

10,013

NET BOOK VALUE

At 30 April 2025

1,287

1

1,288

At 30 April 2024

1,660

1

1,661

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

9,407

21,488

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,001

10,000

Trade creditors

(6

)

893

Taxation and social security

8,857

11,496

Other creditors

3,284

3,548

22,136

25,937

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

6,667

16,666

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2025 and 30 April 2024:

2025

2024

£

£

Mr N Morris and Mrs J Morris

Balance outstanding at start of year

14,442

19,326

Amounts advanced

2,000

17,596

Amounts repaid

(8,825

)

(22,480

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

7,617

14,442

This loan was unsecured with interest charged at HMRC approved rates and was repaid within nine months of the year end.