VFM Products Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 03372155

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		423,736		416,338

			423,736		416,338
CURRENT ASSETS
Stocks	5	152,183		173,414
Debtors	6	202,675		128,273
Cash at bank and in hand		92,146		274,937

		447,004		576,624
Creditors: Amounts Falling Due Within One Year	7	(425,095 )		(363,677 )

NET CURRENT ASSETS (LIABILITIES)			21,909		212,947

TOTAL ASSETS LESS CURRENT LIABILITIES			445,645		629,285

Creditors: Amounts Falling Due After More Than One Year	8		(104,508 )		(133,176 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			-		(4,285 )

NET ASSETS			341,137		491,824

CAPITAL AND RESERVES
Called up share capital	10		2		2
Profit and Loss Account			341,135		491,822

SHAREHOLDERS' FUNDS			341,137		491,824

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VFM Products Limited

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The directors acknowledge their 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

Mrs E M Slater

Director

20 August 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

VFM Products Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03372155 . The registered office is 44 Ossett Lane, Earlsheaton, Dewsbury, West Yorkshire, WF12 8LS.

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.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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:

Freehold	1% straight line
Plant & Machinery	20% on reducing balance
Fixtures & Fittings	25% on reducing balance and straight line

2.4. Leasing and Hire Purchase Contracts

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

2.5. 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.

2.6. Foreign Currencies

Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction.

Exchange differences are taken into account in arriving at the operating result.

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VFM Products Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2024: 6)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 December 2024	424,180	36,851	62,381	523,412
Additions	-	1,700	14,491	16,191
Disposals	-	(2,975 )	-	(2,975 )

As at 30 November 2025	424,180	35,576	76,872	536,628

Depreciation
As at 1 December 2024	24,981	31,770	50,323	107,074
Provided during the period	2,828	1,296	4,655	8,779
Disposals	-	(2,961 )	-	(2,961 )

As at 30 November 2025	27,809	30,105	54,978	112,892

Net Book Value
As at 30 November 2025	396,371	5,471	21,894	423,736

As at 1 December 2024	399,199	5,081	12,058	416,338

Included in cost of land and buildings is freehold land of £141,393 (2024: £141,393) which is not depreciated.

5. Stocks

	2025	2024
	£	£
Stock	152,183	173,414

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VFM Products Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	121,524	89,128
Other debtors	81,151	39,145

	202,675	128,273

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	219,791	112,245
Bank loans and overdrafts	27,240	28,759
Other creditors	159,218	177,995
Taxation and social security	18,846	44,678

	425,095	363,677

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	104,508	133,176

Of the creditors falling due after more than one year the following amounts are due after more than five years.

Repayable by installments

	2025		2024
	£		£
Bank loans	6,808		32,431

9. Secured Creditors

Of the creditors the following amounts are secured.

	2025	2024
	£	£


Bank loans	131,749	161,935

The loans are secured by way of a fixed charge over the company's freehold property.

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

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