Registration number: 11929181

Red Fox Vape Limited

Contents

Company Information	1
Director's Report	2
Accountants' Report	3
Profit and Loss Account and Statement of Retained Earnings	4
Balance Sheet	5
Notes to the Unaudited Financial Statements	6 to 12

Red Fox Vape Limited

Company Information

Director

Mr M Fox

Registered office

29 High Street Oakham LE16 6AH

Accountants

Cannon Williamson Chartered Certified AccountantsAlbion House 32 Pinchbeck Road Spalding Lincolnshire PE11 1QD

Red Fox Vape Limited

Director's Report for the Year Ended 31 March 2026

The director presents his report and the financial statements for the year ended 31 March 2026.

Director of the company

The director who held office during the year was as follows:

Mr M Fox

Principal activity

The principal activity of the company is selling vapes

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 28 October 2026
 

......................................... Mr M Fox Director

Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Red Fox Vape Limited
for the Year Ended 31 March 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Red Fox Vape Limited for the year ended 31 March 2026 as set out on pages 4 to 12 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of Red Fox Vape Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Red Fox Vape Limited and state those matters that we have agreed to state to the Board of Directors of Red Fox Vape Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Red Fox Vape Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Red Fox Vape Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Red Fox Vape Limited. You consider that Red Fox 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 accounts of Red Fox 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 accounts.

......................................

Cannon Williamson
Chartered Certified Accountants
Albion House
32 Pinchbeck Road
Spalding
Lincolnshire
PE11 1QD

30 October 2026

Red Fox Vape Limited

Profit and Loss Account and Statement of Retained Earnings for the Year Ended 31 March 2026

	Note	2026 £	2025 £
Turnover		50,037	56,333
Cost of sales		(19,393)	(21,646)
Gross profit		30,644	34,687
Administrative expenses		(22,923)	(43,168)
Operating profit/(loss)		7,721	(8,481)
Other interest receivable and similar income		86	108
Interest payable and similar charges		(6,415)	(6,653)
		(6,329)	(6,545)
Profit/(loss) before tax	4	1,392	(15,026)
Profit/(loss) for the financial year		1,392	(15,026)
Retained earnings brought forward		(114,007)	(98,981)
Retained earnings carried forward		(112,615)	(114,007)

Red Fox Vape Limited

(Registration number: 11929181)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed Assets
Tangible Assets	5	9,808	11,043
Current assets
Stocks	6	6,800	6,760
Debtors	7	2,625	12,248
Cash at bank and in hand		1,171	3,966
		10,596	22,974
Creditors: Amounts falling due within one year	8	(51,570)	(66,575)
Net current liabilities		(40,974)	(43,601)
Total assets less current liabilities		(31,166)	(32,558)
Creditors: Amounts falling due after more than one year	8	(6,449)	(6,449)
Net liabilities		(37,615)	(39,007)
Capital and Reserves
Called up share capital	9	75,000	75,000
Retained Earnings		(112,615)	(114,007)
Shareholders' deficit		(37,615)	(39,007)

For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 28 October 2026
 

......................................... Mr M Fox Director

Red Fox Vape Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England And Wales .

The address of its registered office is:
29 High Street
Oakham
LE16 6AH
United Kingdom

These financial statements were authorised for issue by the director on 28 October 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible Assets

Tangible Assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and Machinery	15% Reducing Balance
Land and Buildings	6 Year Straight Line

Red Fox Vape Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026 (continued)

2	Accounting policies (continued)

Office Equipment

33% Straight Line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade Debtors

Trade Debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade Debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade Creditors

Trade Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade Creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Red Fox Vape Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026 (continued)

2	Accounting policies (continued)

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2025 - 1).

4	Profit/loss before tax

Arrived at after charging/(crediting)

	2026 £	2025 £
Depreciation expense	1,743	3,286

5	Tangible Assets

	Land and buildings £	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 1 April 2025	8,027	1,002	27,385	36,414
Additions	-	507	-	507
At 31 March 2026	8,027	1,509	27,385	36,921
Depreciation
At 1 April 2025	8,024	1,002	16,345	25,371
Charge for the year	3	83	1,656	1,742
At 31 March 2026	8,027	1,085	18,001	27,113
Carrying amount
At 31 March 2026	-	424	9,384	9,808
At 31 March 2025	3	-	11,040	11,043

Included within the net book value of land and buildings above is £Nil (2025 - £3) in respect of freehold land and buildings.
 

Red Fox Vape Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026 (continued)

6

Stocks

	2026 £	2025 £
Other inventories	6,800	6,760

7

Debtors

Current	2026 £	2025 £
Prepayments	2,625	7,260
Other debtors	-	4,988
	2,625	12,248

Red Fox Vape Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026 (continued)

8

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	10	3,000	6,053
Trade Creditors		372	13,107
Accruals and deferred income		840	695
Other creditors		47,358	46,720
		51,570	66,575

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	10	6,449	6,449

9	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary of £1 each	10,000	10,000	10,000	10,000
Ordinary A of £1 each	65,000	65,000	65,000	65,000
	75,000	75,000	75,000	75,000

10	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Other borrowings	6,449	6,449

Current loans and borrowings

	2026 £	2025 £
Other borrowings	3,000	6,053

Red Fox Vape Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026 (continued)

11	Related party transactions

Red Fox Vape Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026 (continued)

11	Related party transactions (continued)

Director's remuneration

The director's remuneration for the year was as follows:

	2026 £	2025 £
Remuneration	4,980	9,096