REGISTERED NUMBER: 02133244 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

FACTORVOUCH LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P Miller

D Nice

SECRETARY:

P Miller

REGISTERED OFFICE:

Turnpike House

1208/1210 London Road

Leigh on Sea

Essex

SS9 2UA

REGISTERED NUMBER:

02133244 (England and Wales)

ACCOUNTANTS:

Segrave & Partners LLP

Chartered Accountants

Turnpike House

1208/1210 London Road

Leigh on Sea

Essex

SS9 2UA

FIXED ASSETS

Intangible assets

4

4,719

9,436

Tangible assets

5

26,471

28,249

31,190

37,685

CURRENT ASSETS

Stocks

81,521

128,511

Debtors

6

74,232

101,283

Cash at bank and in hand

220,552

259,954

376,305

489,748

CREDITORS

Amounts falling due within one year

7

403,940

527,002

NET CURRENT LIABILITIES

(27,635

)

(37,254

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,555

431

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

3,553

429

SHAREHOLDERS' FUNDS

3,555

431

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 28 May 2026 and were signed on its behalf by:

P Miller - Director

D Nice - Director

1.	STATUTORY INFORMATION

Factorvouch 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 1987, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Fixtures & fittings

-

25% on reducing balance

No provision has been made for depreciation of Improvements to Leasehold Property which in the opinion of the directors have a market value in excess of the cost price disclosed in the financial statements. The directors acknowledge that this represents a departure form Financial Reporting Standard 102.

The directors consider that the fair value of the freehold property is not materially different to cost.

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 51 (2024 - 53 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

47,172

AMORTISATION

At 1 September 2024

37,736

Amortisation for year

4,717

At 31 August 2025

42,453

NET BOOK VALUE

At 31 August 2025

4,719

At 31 August 2024

9,436

5.	TANGIBLE FIXED ASSETS

Improvements

to

Freehold

leasehold

Fixtures

property

property

& fittings

Totals

£

£

£

£

COST

At 1 September 2024

3,022

12,269

497,210

512,501

Additions

-

-

1,948

1,948

At 31 August 2025

3,022

12,269

499,158

514,449

DEPRECIATION

At 1 September 2024

-

-

484,252

484,252

Charge for year

-

-

3,726

3,726

At 31 August 2025

-

-

487,978

487,978

NET BOOK VALUE

At 31 August 2025

3,022

12,269

11,180

26,471

At 31 August 2024

3,022

12,269

12,958

28,249

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors & prepayments

74,232

101,283

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

219,781

282,652

Tax

21,104

23,120

Social security & other taxes

8,232

4,627

VAT

14,029

45,076

Other creditors

140,410

169,527

Directors' current accounts

384

2,000

403,940

527,002

8.	RELATED PARTY DISCLOSURES

During the year the company paid £120,000 (2024: £120,000) rent to P Miller and D Nice who are directors of the company.