REGISTERED NUMBER: 13257980 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Just Vape & Juices Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C W Standen

REGISTERED OFFICE:

276a Hitchin Road

Henlow Camp

Henlow

SG16 6DP

REGISTERED NUMBER:

13257980 (England and Wales)

ACCOUNTANTS:

D and E Accountancy Ltd

Tax Advisors and Accountants

2nd Floor, 2 Walsworth Road

Hitchin

Hertfordshire

SG4 9SP

FIXED ASSETS

Tangible assets

4

85,907

17,316

CURRENT ASSETS

Stocks

5

165,147

153,846

Debtors

6

110,755

57,303

Cash at bank and in hand

111,829

10,088

387,731

221,237

CREDITORS

Amounts falling due within one year

7

248,331

93,145

NET CURRENT ASSETS

139,400

128,092

TOTAL ASSETS LESS CURRENT LIABILITIES

225,307

145,408

PROVISIONS FOR LIABILITIES

8

11,407

4,588

NET ASSETS

213,900

140,820

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

10

213,898

140,818

SHAREHOLDERS' FUNDS

213,900

140,820

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 31 December 2025 and were signed by:

C W Standen - Director

1.	STATUTORY INFORMATION

Just Vape & Juices Limited 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

-

20% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

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 10 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2024

5,938

2,191

4,526

Additions

1,785

2,246

1,200

At 31 March 2025

7,723

4,437

5,726

DEPRECIATION

At 1 April 2024

1,187

551

1,492

Charge for year

1,307

777

846

At 31 March 2025

2,494

1,328

2,338

NET BOOK VALUE

At 31 March 2025

5,229

3,109

3,388

At 31 March 2024

4,751

1,640

3,034

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

7,560

2,737

22,952

Additions

79,538

5,298

90,067

At 31 March 2025

87,098

8,035

113,019

DEPRECIATION

At 1 April 2024

1,512

894

5,636

Charge for year

17,118

1,428

21,476

At 31 March 2025

18,630

2,322

27,112

NET BOOK VALUE

At 31 March 2025

68,468

5,713

85,907

At 31 March 2024

6,048

1,843

17,316

5.

STOCKS

31.3.25

31.3.24

£

£

Stocks

165,147

153,846

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

110,755

57,303

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

25

13,158

Trade creditors

21,106

-

Taxation and social security

137,403

76,739

Other creditors

89,797

3,248

248,331

93,145

8.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

11,407

4,588

Deferred

tax

£

Balance at 1 April 2024

4,588

Charge to Income Statement during year

6,819

Balance at 31 March 2025

11,407

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

2

Ordinary

£1

2

2

10.

RESERVES

Retained

earnings

£

At 1 April 2024

140,818

Profit for the year

258,080

Dividends

(185,000

)

At 31 March 2025

213,898

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

C W Standen

Balance outstanding at start of year

35,000

-

Amounts advanced

86,500

35,000

Amounts repaid

(35,000

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

86,500

35,000

A short term loan of £86,500 was made to the Director. This was repaid after the year end, a commercial rate of interest was charged.

12.	ULTIMATE CONTROLLING PARTY

The controlling party is C W Standen.