Company Registration No. 03876224 (England and Wales)
The Vintage Paint Company Limited
Unaudited accounts
for the year ended 30 November 2024
The Vintage Paint Company Limited
Unaudited accounts
Contents
The Vintage Paint Company Limited
Company Information
for the year ended 30 November 2024
Director
Melanie Jane Pursglove
Company Number
03876224 (England and Wales)
Registered Office
71 Woodland Avenue
Wolverhampton
West Midlands
WV6 8ND
England
Accountants
Nellys Accountants Ltd
71 Woodland Avenue
Tettenhall Wood
Wolverhampton
West Midlands
WV6 8ND
The Vintage Paint Company Limited
Statement of financial position
as at 30 November 2024
Tangible assets
1,084
1,399
Cash at bank and in hand
79
159
Creditors: amounts falling due within one year
(299,271)
(295,986)
Net current liabilities
(294,517)
(291,079)
Net liabilities
(293,433)
(289,680)
Called up share capital
10,002
10,002
Profit and loss account
(303,435)
(299,682)
Shareholders' funds
(293,433)
(289,680)
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 her 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 12 October 2025 and were signed on its behalf by
Melanie Jane Pursglove
Director
Company Registration No. 03876224
The Vintage Paint Company Limited
Notes to the Accounts
for the year ended 30 November 2024
The Vintage Paint Company Limited is a private company, limited by shares, registered in England and Wales, registration number 03876224. The registered office is 71 Woodland Avenue, Wolverhampton, West Midlands, WV6 8ND, England.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
15% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
Computer equipment
33% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2023
15,822
10,500
1,253
5,113
32,688
At 30 November 2024
15,822
10,500
1,253
5,113
32,688
At 1 December 2023
15,822
9,449
905
5,113
31,289
Charge for the year
-
263
52
-
315
At 30 November 2024
15,822
9,712
957
5,113
31,604
At 30 November 2024
-
788
296
-
1,084
At 30 November 2023
-
1,051
348
-
1,399
The Vintage Paint Company Limited
Notes to the Accounts
for the year ended 30 November 2024
Amounts falling due within one year
Accrued income and prepayments
175
248
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
298,954
295,678
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
10,000 Preference shares of £1 each
10,000
10,000
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).