Bitandpieces Vape Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08598748 (England and Wales)

BITANDPIECES VAPE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2026

Page

Company Information

1

Chartered Accountants' Report

2

Statement of Financial Position

3

Notes to the Financial Statements

5

DIRECTOR:

Mr M Coll-Bosada

REGISTERED OFFICE:

15-17 Church Street

Stourbridge

West Midlands

DY8 1LU

REGISTERED NUMBER:

08598748 (England and Wales)

ACCOUNTANTS:

Folkes Worton LLP

15-17 Church Street

Stourbridge

West Midlands

DY8 1LU

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bitandpieces Vape Limited for the year ended 31 July 2026 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Bitandpieces Vape Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bitandpieces Vape Limited and state those matters that we have agreed to state to the director of Bitandpieces Vape Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bitandpieces Vape Limited and its director for our work or for this report.

It is your duty to ensure that Bitandpieces Vape Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bitandpieces Vape Limited. You consider that Bitandpieces Vape Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Bitandpieces Vape Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Folkes Worton LLP

15-17 Church Street

Stourbridge

West Midlands

DY8 1LU

22 September 2026

FIXED ASSETS

Tangible assets

4

303,451

303,746

CURRENT ASSETS

Stocks

-

9,160

Debtors

5

7,609

5,719

Cash at bank

13,655

13,841

21,264

28,720

CREDITORS

Amounts falling due within one year

6

53,351

50,442

NET CURRENT LIABILITIES

(32,087

)

(21,722

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

271,364

282,024

PROVISIONS FOR LIABILITIES

863

50,937

NET ASSETS

270,501

231,087

CAPITAL AND RESERVES

Called up share capital

1

Fair value reserve

7

200,000

150,000

Retained earnings

70,500

81,086

SHAREHOLDERS' FUNDS

270,501

231,087

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2026 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 22 September 2026 and were signed by:

Mr M Coll-Bosada - Director

1.	STATUTORY INFORMATION

Bitandpieces 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents net sales of goods/services, excluding value added tax

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

COST OR VALUATION

At 1 August 2025

300,000

16,206

4,990

7,934

329,130

Additions

-

1,105

At 31 July 2026

300,000

16,206

4,990

9,039

330,235

DEPRECIATION

At 1 August 2025

-

14,256

4,325

6,803

25,384

Charge for year

-

488

166

746

1,400

At 31 July 2026

-

14,744

4,491

7,549

26,784

NET BOOK VALUE

At 31 July 2026

300,000

1,462

499

1,490

303,451

At 31 July 2025

300,000

1,950

665

1,131

303,746

Cost or valuation at 31 July 2026 is represented by:

Fixtures

Freehold

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

Valuation in 2024

200,000

-

200,000

Cost

100,000

16,206

4,990

9,039

130,235

300,000

16,206

4,990

9,039

330,235

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Other debtors

7,609

5,719

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

-

898

Taxation and social security

38,003

34,474

Other creditors

15,348

15,070

53,351

50,442

7.

RESERVES

Fair

value

reserve

£

At 1 August 2025

150,000

Restatement to fair value

50,000

At 31 July 2026

200,000

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2026 and 31 July 2025:

2026

2025

£

Mr M Coll-Bosada

Balance outstanding at start of year

629

9,619

Amounts advanced

79,574

69,593

Amounts repaid

(80,203

)

(78,583

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

629

9.	RELATED PARTY DISCLOSURES

The director and owner of Bitandpieces Vape Limited is also director and owner of Mchomebrews Limited.

At the statement of financial position date, Bitandpieces Vape Limited owed £11,872 (2025: £11,872) to Mchomebrews Limited.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr M Coll-Bosada.