VAPETRONIC (BLACKBURN) LTD

VAPETRONIC (BLACKBURN) LTD

TETALYA TRADING CO LTD - Company Information

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VAPETRONIC (BLACKBURN) LTD

Company Registration Number:
12317372 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2020

Period of accounts

Start date: 15 November 2019

End date: 30 November 2020

VAPETRONIC (BLACKBURN) LTD

Contents of the Financial Statements

for the Period Ended 30 November 2020

Balance sheet
Notes

VAPETRONIC (BLACKBURN) LTD

Balance sheet

As at 30 November 2020


Notes
13 months to 30 November 2020


£
Fixed assets
Tangible assets: 3 84,422
Total fixed assets: 84,422
Current assets
Stocks: 17,451
Debtors:   44,129
Cash at bank and in hand: 16,339
Total current assets: 77,919
Net current assets (liabilities): 77,919
Total assets less current liabilities: 162,341
Creditors: amounts falling due after more than one year:   (49,396)
Total net assets (liabilities): 112,945
Capital and reserves
Called up share capital: 100
Profit and loss account: 112,845
Shareholders funds: 112,945

The notes form part of these financial statements

VAPETRONIC (BLACKBURN) LTD

Balance sheet statements

For the year ending 30 November 2020 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 June 2021
and signed on behalf of the board by:

Name: FAYAZ WAKA
Status: Director

The notes form part of these financial statements

VAPETRONIC (BLACKBURN) LTD

Notes to the Financial Statements

for the Period Ended 30 November 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Turnover policy

the turnover represents amounts receivable for goods and services net of VAT and trade discounts'.

Tangible fixed assets and depreciation policy

'Annual depreciation of computer equipment is calculated at 25% of cost to write off the cost of the asset, less its residual value, over its estimated useful economic lifetime'.Tangible fixed assets depreciation policy

Intangible fixed assets and amortisation policy

Annual amortisation of goodwill is calculated at 25% to write off the cost of the asset, minus its residual value, over its estimated useful lifetime'.Intangible fixed assets amortisation policy

Valuation and information policy

'Stocks and work in progress are valued at the lower of cost and net realisable value, after making allowances for obsolete and slow-moving items. Cost includes all direct expenditure and overheads'.Valuation information policy

VAPETRONIC (BLACKBURN) LTD

Notes to the Financial Statements

for the Period Ended 30 November 2020

2. Employees

13 months to 30 November 2020
Average number of employees during the period 5

VAPETRONIC (BLACKBURN) LTD

Notes to the Financial Statements

for the Period Ended 30 November 2020

3. Tangible Assets

Total
Cost £
Additions 105,528
At 30 November 2020 105,528
Depreciation
Charge for year 21,106
At 30 November 2020 21,106
Net book value
At 30 November 2020 84,422