REGISTERED NUMBER: 14198933 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2025

for

Victoria's Sandwich Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs C C Batson

Miss H V Batson

REGISTERED OFFICE:

Lane End

Benty Heath Lane

Willaston

Neston, Wirral

CH64 1SA

REGISTERED NUMBER:

14198933 (England and Wales)

ACCOUNTANTS:

Banks Sheridan

Datum House

Electra Way

Crewe

Cheshire

CW1 6ZF

FIXED ASSETS

Tangible assets

5

17,617

14,176

CURRENT ASSETS

Stocks

-

50

Debtors

6

1,700

1,326

Cash at bank and in hand

1,541

500

3,241

1,876

CREDITORS

Amounts falling due within one year

7

(82,506

)

(67,154

)

NET CURRENT LIABILITIES

(79,265

)

(65,278

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(61,648

)

(51,102

)

CAPITAL AND RESERVES

Called up share capital

3,100

3,100

Retained earnings

(64,748

)

(54,202

)

(61,648

)

(51,102

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

Miss H V Batson - Director

1.	STATUTORY INFORMATION

Victoria's Sandwich Limited is a private company limited by shares and incorporated in England and Wales. The registered office address is Lane End, Benty Heath Lane, Willaston, Neston, Wirral, United Kingdom, CH64 1SA. The company's registered number is 14198933.

The functional and presentational currency of the financial statements is the Pound Sterling (£). Monetary amounts in these financial statements are rounded to the nearest £.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Summary of significant accounting policies

The principle accounting policies applied in the preparation of these financial statements are set out below.

These policies have been consistently applied to all years presented, unless otherwise stated.

Basis of preparation

The financial statements are prepared on the going concern basis under the historical cost convention and comply with the United Kingdom Accounting Standards and Companies Act 2006.

Going Concern

The statement financial position reflects a net liabilities position. The directors are of the opinion that improvements in trading activities and their ongoing support for the company will reverse this position. In particular, included in creditors is a significant directors loan amount that will not be repaid until the finances of the company permit.

On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis.

Revenue recognition

Revenue (described as turnover) is measured at the fair value of the consideration received and represents amounts receivable for goods supplied, stated net of discounts and Value Added Tax.

Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.

Tangible fixed assets

Depreciation is provided at the following annual rates so as to write off their cost less residual amounts over their estimated useful economic lives.

Plant and Machinery - 25% reducing balance

Fixtures and Fittings - 25% 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.

Financial instruments

The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' current accounts and loans.

Bank loans and directors loans are initially measured at the present value of future payments, discounted at a market rate of interest and subsequently at amortised cost using the effective interest method.

Directors current balances (being those repayable on demand), trade debtors, other debtors and creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 July 2024

7,037

18,165

25,202

Additions

1,374

7,940

9,314

At 30 June 2025

8,411

26,105

34,516

DEPRECIATION

At 1 July 2024

3,079

7,947

11,026

Charge for year

1,333

4,540

5,873

At 30 June 2025

4,412

12,487

16,899

NET BOOK VALUE

At 30 June 2025

3,999

13,618

17,617

At 30 June 2024

3,958

10,218

14,176

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

1,700

1,326

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

5,632

4,743

Taxation and social security

364

-

Other creditors

76,510

62,411

82,506

67,154