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Registered number: 16051016
More Than Vans Limited
Unaudited Financial Statements
For the Period 30 October 2024 to 31 October 2025
Peter Jarman LLP
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 16051016
31 October 2025
Notes £ £
FIXED ASSETS
Tangible Assets 3 4,985
4,985
CURRENT ASSETS
Stocks 4 14,943
Debtors 5 5,896
Cash at bank and in hand 12,389
33,228
Creditors: Amounts Falling Due Within One Year 6 (46,622 )
NET CURRENT ASSETS (LIABILITIES) (13,394 )
TOTAL ASSETS LESS CURRENT LIABILITIES (8,409 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (947 )
NET LIABILITIES (9,356 )
CAPITAL AND RESERVES
Called up share capital 7 1
Profit and Loss Account (9,357 )
SHAREHOLDERS' FUNDS (9,356)
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For the period ending 31 October 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 W Harris
Director
30/07/2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
1.3. 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:
Plant & Machinery 25% on reducing balance
Motor Vehicles 25% on reducing balance
1.4. 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.
1.5. 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. 
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 1
1
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3. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 30 October 2024 - - -
Additions 3,445 2,520 5,965
As at 31 October 2025 3,445 2,520 5,965
Depreciation
As at 30 October 2024 - - -
Provided during the period 612 368 980
As at 31 October 2025 612 368 980
Net Book Value
As at 31 October 2025 2,833 2,152 4,985
As at 30 October 2024 - - -
4. Stocks
31 October 2025
£
Finished goods 14,943
5. Debtors
31 October 2025
£
Due within one year
Trade debtors 2,447
Other debtors 3,449
5,896
6. Creditors: Amounts Falling Due Within One Year
31 October 2025
£
Trade creditors 35
Other creditors 46,430
Taxation and social security 157
46,622
7. Share Capital
31 October 2025
£
Allotted, Called up and fully paid 1
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8. General Information
More Than Vans Limited is a private company, limited by shares, incorporated in England & Wales, registered number 16051016 . The registered office is St James' Hall, Mill Road, Lancing, BN15 0PT.
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