Company Registration No. 08662696 (England and Wales)
Gold Vault Ltd
Unaudited accounts
for the year ended 31 August 2025
Gold Vault Ltd
Unaudited accounts
Contents
Gold Vault Ltd
Company Information
for the year ended 31 August 2025
Company Number
08662696 (England and Wales)
Registered Office
Vyman House
104 College Road
Harrow
Middlesex
HA1 1BQ
England
Accountants
RMR Partnership LLP
Ground Floor, Vyman House
104 College Road
Harrow
Middlesex
HA1 1BQ
Gold Vault Ltd
Statement of financial position
as at 31 August 2025
Tangible assets
30,221
36,697
Inventories
353,858
182,300
Cash at bank and in hand
82,697
18,279
Creditors: amounts falling due within one year
(1,104,321)
(736,956)
Net current assets
273,493
276,009
Total assets less current liabilities
303,714
312,706
Creditors: amounts falling due after more than one year
(113,249)
(160,878)
Net assets
190,465
151,828
Called up share capital
1
1
Profit and loss account
190,464
151,827
Shareholders' funds
190,465
151,828
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 members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 August 2026 and were signed on its behalf by
Mr Atif Yaqoob
Director
Company Registration No. 08662696
Gold Vault Ltd
Notes to the Accounts
for the year ended 31 August 2025
Gold Vault Ltd is a private company, limited by shares, registered in England and Wales, registration number 08662696. The registered office is Vyman House, 104 College Road, Harrow, Middlesex, HA1 1BQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% as per reducing balance method
Motor vehicles
20% as per reducing balance method
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Gold Vault Ltd
Notes to the Accounts
for the year ended 31 August 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 September 2024
5,695
44,354
50,049
At 31 August 2025
6,710
44,354
51,064
At 1 September 2024
3,889
9,463
13,352
Charge for the year
513
6,978
7,491
At 31 August 2025
4,402
16,441
20,843
At 31 August 2025
2,308
27,913
30,221
At 31 August 2024
1,806
34,891
36,697
Amounts falling due within one year
Trade debtors
921,259
792,386
Amounts falling due after more than one year
Other debtors
20,000
20,000
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
46,849
46,849
Obligations under finance leases and hire purchase contracts
10,656
10,656
Trade creditors
405,901
348,123
Taxes and social security
17,234
16,915
Other creditors
52,095
1,048
Loans from directors
548,797
276,848
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
21,312
31,968
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).