REGISTERED NUMBER: 03183277

VEGASFIELD LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K Hall

I Ioannou

SECRETARY:

K Hall

REGISTERED OFFICE:

52 Athelstan Road

Margate

Kent

CT9 2BH

REGISTERED NUMBER:

03183277

ACCOUNTANTS:

Spurling Cannon

Chartered Certified Accountants

424 Margate Road

Westwood

Ramsgate

Kent

CT12 6SJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

138,591

149,878

138,591

149,878

CURRENT ASSETS

Debtors

6

11,525

36,413

Cash at bank

8,196

13,212

19,721

49,625

CREDITORS

Amounts falling due within one year

7

(245,202

)

(245,921

)

NET CURRENT LIABILITIES

(225,481

)

(196,296

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(86,890

)

(46,418

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(86,892

)

(46,420

)

SHAREHOLDERS' FUNDS

(86,890

)

(46,418

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 29 October 2026 and were signed on its behalf by:

K Hall - Director

1.	STATUTORY INFORMATION

Vegasfield Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Improvements to property

-

20% on cost

Fixture & Fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company during this uncertain period.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2025

and 30 April 2026

10,300

AMORTISATION

At 1 May 2025

and 30 April 2026

10,300

NET BOOK VALUE

At 30 April 2026

-

At 30 April 2025

-

5.	TANGIBLE FIXED ASSETS

Improvements

to

Fixture &

Motor

Computer

property

Fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 May 2025

185,061

18,553

109,423

1,987

315,024

Additions

26,183

-

-

-

26,183

At 30 April 2026

211,244

18,553

109,423

1,987

341,207

DEPRECIATION

At 1 May 2025

42,611

17,558

103,005

1,972

165,146

Charge for year

35,612

249

1,605

4

37,470

At 30 April 2026

78,223

17,807

104,610

1,976

202,616

NET BOOK VALUE

At 30 April 2026

133,021

746

4,813

11

138,591

At 30 April 2025

142,450

995

6,418

15

149,878

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

8,345

34,276

Other debtors

3,180

2,137

11,525

36,413

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Payments on account

6,520

18,408

Trade creditors

59,933

53,158

Taxation and social security

3,093

3,794

Other creditors

175,656

170,561

245,202

245,921

8.	RELATED PARTY DISCLOSURES

The company's premises are rented from Mr K Hall, a director who holds 100% of the issued share capital of the company.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is K Hall.

10.	GOING CONCERN

These accounts have been prepared on a going concern basis, on the understanding that the director and shareholder will continue to financially support the company.