| Registered Number:NI678971 |
For the year ended 31 May 2025
Northern Ireland
Unaudited Financial Statements
For the year ended 31 May 2025
Vape Escape Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Vape Escape Ltd
Statement of Financial Position
2024
2025
| Property, plant and equipment |
117,035
34,970
2
117,035
34,970
160,000
243,140
3
103,249
| Cash and cash equivalents |
38,904
282,044
263,249
| Trade and other payables: amounts falling due within one |
| year |
(157,750)
(159,344)
4
105,499
122,700
Net current assets
| Total assets less current liabilities |
239,735
140,469
(20,025)
(6,644)
| Provisions for liabilities |
219,710
Net assets
133,825
1,000
1,000
218,710
132,825
219,710
133,825
Shareholders' funds
| For the year ended 31 May 2025 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 of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Mr Christopher Matthews Director |
| These financial statements were approved and authorised for issue by the Board on 16 September 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 May 2025
Vape Escape Ltd
Notes to the Financial Statements
Statutory Information
| Vape Escape Ltd is a private limited company, limited by shares, domiciled in Northern Ireland, registration number |
| NI678971. |
69 Upper English Street
Armagh
BT61 7LA
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Computer Equipment
Furniture and Fittings
| 2. Property, plant and equipment |
39,170
1,409
15,503
22,258
90,606
-
64,856
25,750
48,008
80,359
1,409
129,776
| Provision for depreciation and impairment |
4,200
89
1,339
2,772
Charge for year
8,541
66
3,951
4,524
12,741
155
5,290
7,296
40,712
75,069
1,254
117,035
19,486
14,164
1,320
34,970
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For the year ended 31 May 2025
Vape Escape Ltd
Notes to the Financial Statements Continued
2024
2025
243,140
160,000
| 4. Trade and other payables: amounts falling due within one year |
2024
2025
41,875
-
34,648
5,729
| Taxation and social security |
16,646
87,498
66,175
64,523
159,344
157,750
| 5. Average number of persons employed |
During the year the average number of employees was 11 (2024 : 7)
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