REGISTERED NUMBER: 07034041 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2026

for

V.S.F. Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Law

M K Jeffreys

D Studholme

L O Barlow

REGISTERED OFFICE:

Gail House

Hudcar Lane

Bury

Greater Manchester

BL9 6EX

REGISTERED NUMBER:

07034041 (England and Wales)

ACCOUNTANTS:

Michael Astin Accountancy Services

95 Tarnside Close

Rochdale

Greater Manchester

OL16 2QD

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

516,574

436,471

516,574

436,471

CURRENT ASSETS

Stocks

6

58,922

51,950

Debtors

7

96,484

95,389

Cash at bank and in hand

717,127

649,228

872,533

796,567

CREDITORS

Amounts falling due within one year

8

309,230

301,024

NET CURRENT ASSETS

563,303

495,543

TOTAL ASSETS LESS CURRENT LIABILITIES

1,079,877

932,014

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

1,079,777

931,914

SHAREHOLDERS' FUNDS

1,079,877

932,014

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 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 26 May 2026 and were signed on its behalf by:

M K Jeffreys - Director

1.	STATUTORY INFORMATION

V.S.F. Ltd 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 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 23 (2025 - 22 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

Goodwill

software

Totals

£

£

£

COST

At 1 March 2025

and 28 February 2026

20,000

6,512

26,512

AMORTISATION

At 1 March 2025

and 28 February 2026

20,000

6,512

26,512

NET BOOK VALUE

At 28 February 2026

-

-

-

At 28 February 2025

-

-

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 March 2025

423,229

142,926

420,836

97,679

1,084,670

Additions

153,060

4,093

19,808

4,571

181,532

Disposals

-

-

(29,985

)

-

(29,985

)

At 28 February 2026

576,289

147,019

410,659

102,250

1,236,217

DEPRECIATION

At 1 March 2025

149,648

105,647

306,191

86,713

648,199

Charge for year

63,996

6,206

19,130

5,179

94,511

Eliminated on disposal

-

-

(23,067

)

-

(23,067

)

At 28 February 2026

213,644

111,853

302,254

91,892

719,643

NET BOOK VALUE

At 28 February 2026

362,645

35,166

108,405

10,358

516,574

At 28 February 2025

273,581

37,279

114,645

10,966

436,471

6.

STOCKS

28.2.26

28.2.25

£

£

Stocks

58,922

51,950

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Other debtors

38,286

37,191

Prepayments

58,198

58,198

96,484

95,389

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade creditors

156

71,906

Tax

25,258

62,354

Social security and other taxes

63,996

31,270

VAT

214,970

134,777

Other creditors

4,133

-

Directors' current accounts

717

717

309,230

301,024

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.26

28.2.25

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Retained

earnings

£

At 1 March 2025

931,914

Profit for the year

147,863

At 28 February 2026

1,079,777