REGISTERED NUMBER: 04601012 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Vanfridge Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M S Foster

Mrs J Foster

M H Foster

SECRETARY:

M S Foster

REGISTERED OFFICE:

Unit 338 Rushock Trading Estate

Rushock

Droitwich

WR9 0NR

REGISTERED NUMBER:

04601012 (England and Wales)

ACCOUNTANTS:

R J Francis & Co

Suites 1 & 2

Marshall Business Centre

Faraday Road

Hereford

Herefordshire

HR4 9NS

FIXED ASSETS

Intangible assets

4

400

600

Tangible assets

5

195,896

238,074

Investments

6

125,000

125,000

321,296

363,674

CURRENT ASSETS

Stocks

176,402

170,898

Debtors

7

358,540

90,302

Cash at bank and in hand

28,405

98,772

563,347

359,972

CREDITORS

Amounts falling due within one year

8

432,260

234,142

NET CURRENT ASSETS

131,087

125,830

TOTAL ASSETS LESS CURRENT LIABILITIES

452,383

489,504

CREDITORS

Amounts falling due after more than one year

9

(84,323

)

(117,702

)

PROVISIONS FOR LIABILITIES

(37,220

)

(45,234

)

NET ASSETS

330,840

326,568

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

330,740

326,468

330,840

326,568

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 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 17 September 2025 and were signed on its behalf by:

M S Foster - Director

1.	STATUTORY INFORMATION

Vanfridge 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost

Motor vehicles

-

20% on cost

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

1,000

AMORTISATION

At 1 April 2024

400

Charge for year

200

At 31 March 2025

600

NET BOOK VALUE

At 31 March 2025

400

At 31 March 2024

600

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2024

17,498

54,000

15,346

238,988

325,832

Additions

-

16,171

616

-

16,787

At 31 March 2025

17,498

70,171

15,962

238,988

342,619

DEPRECIATION

At 1 April 2024

17,498

21,600

14,123

34,537

87,758

Charge for year

-

10,800

368

47,797

58,965

At 31 March 2025

17,498

32,400

14,491

82,334

146,723

NET BOOK VALUE

At 31 March 2025

-

37,771

1,471

156,654

195,896

At 31 March 2024

-

32,400

1,223

204,451

238,074

6.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2025

2024

£

£

PVR Shares

125,000

125,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

289,142

44,697

Other debtors

69,398

45,605

358,540

90,302

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

75,733

102,636

Trade creditors

291,969

94,955

Taxation and social security

29,196

15,677

Other creditors

35,362

20,874

432,260

234,142

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

84,323

117,702