VAPE PEOPLE LIMITED

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 10316687

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		191		383

			191		383
CURRENT ASSETS
Stocks	5	2,315		3,105
Debtors	6	524		524
Cash at bank and in hand		2,803		1,472

		5,642		5,101
Creditors: Amounts Falling Due Within One Year	7	(40,337 )		(38,349 )

NET CURRENT ASSETS (LIABILITIES)			(34,695 )		(33,248 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(34,504 )		(32,865 )

NET LIABILITIES			(34,504 )		(32,865 )

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			(34,505 )		(32,866 )

SHAREHOLDERS' FUNDS			(34,504)		(32,865)

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VAPE PEOPLE LIMITED

Balance Sheet (continued)

As At 31 August 2025

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Alexey Amerikov

Director

29/05/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

VAPE PEOPLE LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 10316687 . The registered office is 248 Upper Richmond Road, London, SW15 6TG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

20% Straight Line Method

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company's accounting policies, the directors are required to make judgments, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources.

The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The Directors do not consider there are any critical judgments or sources of estimation uncertainty requiring disclosure beyond the accounting policies listed below.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

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VAPE PEOPLE LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 September 2024	958

As at 31 August 2025	958

Depreciation
As at 1 September 2024	575
Provided during the period	192

As at 31 August 2025	767

Net Book Value
As at 31 August 2025	191

As at 1 September 2024	383

5. Stocks

	2025	2024
	£	£
Finished goods	2,315	3,105

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	524	524

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	40,053	37,799
Taxation and social security	284	550

	40,337	38,349

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

9. Related Party Transactions

The company was controlled throughout the current period by Mr Alexey Amerikov by virtue of their ownership of the entire issued share capital.

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