REGISTERED NUMBER: 08955819 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

THE LONDON VAPE COMPANY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A A Mixides

REGISTERED OFFICE:

C/O React Business Services

Southbridge House

Southbridge Place

Croydon

CR0 4HA

REGISTERED NUMBER:

08955819 (England and Wales)

ACCOUNTANTS:

React Business Services

Southbridge House

Southbridge Place

Croydon

CR0 4HA

FIXED ASSETS

Tangible assets

4

7,230

9,639

CURRENT ASSETS

Stocks

14,502

10,548

Debtors

5

19,369

17,887

Cash at bank and in hand

9,548

24,962

43,419

53,397

CREDITORS

Amounts falling due within one year

6

125,948

137,927

NET CURRENT LIABILITIES

(82,529

)

(84,530

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(75,299

)

(74,891

)

CREDITORS

Amounts falling due after more than one year

7

12,500

22,500

NET LIABILITIES

(87,799

)

(97,391

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(87,899

)

(97,491

)

SHAREHOLDERS' FUNDS

(87,799

)

(97,391

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 25 September 2025 and were signed by:

A A Mixides - Director

1.	STATUTORY INFORMATION

The London Vape Company 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.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

13,223

60,328

73,551

DEPRECIATION

At 1 April 2024

10,977

52,935

63,912

Charge for year

561

1,848

2,409

At 31 March 2025

11,538

54,783

66,321

NET BOOK VALUE

At 31 March 2025

1,685

5,545

7,230

At 31 March 2024

2,246

7,393

9,639

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

5,202

3,720

Prepayments

14,167

14,167

19,369

17,887

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

28,641

43,150

Amounts owed to connected companies

82,252

77,852

Taxation and social security

7,201

9,040

Other creditors

7,854

7,885

125,948

137,927

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

12,500

22,500

8.	ULTIMATE CONTROLLING PARTY

The controlling party is A A Mixides.