REGISTERED NUMBER: 11023248 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

APE VAPE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Wilkinson

REGISTERED OFFICE:

51 St James Street

Newport

Isle of Wight

PO30 1LQ

REGISTERED NUMBER:

11023248 (England and Wales)

ACCOUNTANTS:

Xeinadin Isle of Wight

1 Langley Court

Pyle Street

Newport

Isle of Wight

PO30 1LA

FIXED ASSETS

Tangible assets

4

129,992

46,458

Investments

5

104,546

25,776

234,538

72,234

CURRENT ASSETS

Stocks

30,570

35,000

Debtors

6

415,080

298,643

Cash at bank

390,577

354,394

836,227

688,037

CREDITORS

Amounts falling due within one year

7

209,250

231,745

NET CURRENT ASSETS

626,977

456,292

TOTAL ASSETS LESS CURRENT LIABILITIES

861,515

528,526

CREDITORS

Amounts falling due after more than one year

8

31,898

2,771

NET ASSETS

829,617

525,755

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

829,517

525,655

SHAREHOLDERS' FUNDS

829,617

525,755

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 3 July 2026 and were signed by:

J Wilkinson - Director

1.	STATUTORY INFORMATION

Ape Vape 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.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% 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 7 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 November 2024

-

71,176

-

4,930

76,106

Additions

4,709

-

94,328

5,339

104,376

At 31 October 2025

4,709

71,176

94,328

10,269

180,482

DEPRECIATION

At 1 November 2024

-

27,862

-

1,786

29,648

Charge for year

1,177

10,829

7,404

1,432

20,842

At 31 October 2025

1,177

38,691

7,404

3,218

50,490

NET BOOK VALUE

At 31 October 2025

3,532

32,485

86,924

7,051

129,992

At 31 October 2024

-

43,314

-

3,144

46,458

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 November 2024

25,776

Additions

78,770

At 31 October 2025

104,546

NET BOOK VALUE

At 31 October 2025

104,546

At 31 October 2024

25,776

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

9,671

-

Other debtors

397,503

256,798

Directors' current accounts

7,906

41,845

415,080

298,643

Other debtors consists of a balance with HFW Properties of £329,955 (2024: £233,211), sundry debtors of £1,698 (2024: £1,698) and a rent deposit of £2,850 (2024: £2,850).

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

2,771

4,750

Hire purchase contracts

5,329

-

Tax

101,082

124,835

Social security and other taxes

1,456

-

VAT

34,852

43,765

Other creditors

60,630

55,145

Accrued expenses

3,130

3,250

209,250

231,745

Other creditors consists of a balance on the Amex Credit Card of £5,966 (2024: £Nil) and an amount owing in relation to Ape Vape (Shanklin) Limited of £54,664 (2024: £64,664).

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

-

2,771

Hire purchase contracts

31,898

-

31,898

2,771

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

1

100

100

10.	ULTIMATE CONTROLLING PARTY

The controlling party is J Wilkinson.