V.F.M CATERING LIMITED


Director	MARSDEN, Damien Nicholas


Registered Address	Floor 8, Office 9 St Clare House
	Princess Street
	Ipswich
	IP1 1LH


Registered Number	13253185 (England and Wales)

Balance Sheet as at
31 August 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	4		161,734		67,159
			161,734		67,159
Current assets
Stocks	5	29,411		6,853
Debtors		67,306		38,122
Cash at bank and on hand		2,964		-
		99,681		44,975
Creditors amounts falling due within one year	6	(202,209)		(213,333)
Net current assets (liabilities)			(102,528)		(168,358)
Total assets less current liabilities			59,206		(101,199)
Creditors amounts falling due after one year	7		-		(15,070)
Net assets			59,206		(116,269)
Capital and reserves
Called up share capital			1		1
Profit and loss account			59,205		(116,270)
Shareholders' funds			59,206		(116,269)

The company was entitled to exemption from audit for this reporting period 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 29 May 2026, and are signed on its behalf by:

MARSDEN, Damien Nicholas
Director
Registered Company No. 13253185

V.F.M CATERING LIMITED

Notes to the Financial Statements
for the year ended 31 August 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	22		16

3.	Prior period adjustment
	During the year, the company discovered that there had been business expenses paid for by the Director on his own personal credit card and through his personal bank account. This resulted in an understatement of costs in the profit and loss account and understatement of the amount of money owed to the Director through his Director Loan account across multiple financial periods. The value of this is £53,471. This has been adjusted for in the current period.

Prior period adjustment

During the year, the company discovered that there had been business expenses paid for by the Director on his own personal credit card and through his personal bank account. This resulted in an understatement of costs in the profit and loss account and understatement of the amount of money owed to the Director through his Director Loan account across multiple financial periods. The value of this is £53,471. This has been adjusted for in the current period.

4.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 September 24	84,511	-	3,254	7,858	95,623
Additions	81,960	24,000	1,871	4,011	111,842
At 31 August 25	166,471	24,000	5,125	11,869	207,465
Depreciation and impairment
At 01 September 24	24,166	-	1,183	3,115	28,464
Charge for year	12,749	500	927	3,091	17,267
At 31 August 25	36,915	500	2,110	6,206	45,731
Net book value
At 31 August 25	129,556	23,500	3,015	5,663	161,734
At 31 August 24	60,345	-	2,071	4,743	67,159

5.	Stocks

	2025	2024
	£	£
Other stocks	29,411	6,853
Total	29,411	6,853

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	74,046	55,345
Bank borrowings and overdrafts	9,198	35,254
Taxation and social security	59,046	30,243
Other creditors	31,534	92,021
Accrued liabilities and deferred income	28,385	470
Total	202,209	213,333

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	-	3,750
Other creditors	-	11,320
Total	-	15,070