THE VAULT 1894 LTD

THE VAULT 1894 LTD

THE VAULT 1894 LTD - Company Information

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1 February 2019 false No description of principal activity Taxfiler 2020.15 07919441business:PrivateLimitedCompanyLtd2019-02-012020-01-31 079194412019-01-31 079194412019-02-012020-01-31 07919441business:AuditExempt-NoAccountantsReport2019-02-012020-01-31 07919441business:FullAccounts2019-02-012020-01-31 079194412020-01-31 07919441business:Director12019-02-012020-01-31 07919441business:RegisteredOffice2019-02-012020-01-31 079194412019-01-31 07919441core:WithinOneYear2020-01-31 07919441core:WithinOneYear2019-01-31 07919441core:AfterOneYear2020-01-31 07919441core:AfterOneYear2019-01-31 07919441core:ShareCapital2020-01-31 07919441core:ShareCapital2019-01-31 07919441core:RetainedEarningsAccumulatedLosses2020-01-31 07919441core:RetainedEarningsAccumulatedLosses2019-01-31 07919441business:SmallEntities2019-02-012020-01-31 07919441countries:EnglandWales2019-02-012020-01-31 07919441core:PlantMachinery2019-02-012020-01-31 07919441core:PlantMachinery2019-01-31 07919441core:PlantMachinery2020-01-31 07919441business:OrdinaryShareClass12019-02-012020-01-31 07919441business:OrdinaryShareClass12018-02-012019-01-31 079194412018-02-012019-01-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 07919441 (England and Wales)
THE VAULT 1894 LTD Unaudited accounts for the year ended 31 January 2020
THE VAULT 1894 LTD Unaudited accounts Contents
Page
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THE VAULT 1894 LTD Company Information for the year ended 31 January 2020
Director
Rimma Hall
Company Number
07919441 (England and Wales)
Registered Office
THE VAULT THE HORACE JONES VAULT TOWER BRIDGE, SHAD THAMES LONDON SE1 2UP
Accountants
GOLDEN TREE ACCOUNTING & BUSINESS CONSULTING LTD Office 341 3 London Bridge Street London England SE1 9SG
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THE VAULT 1894 LTD Statement of financial position as at 31 January 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
- 
83 
Current assets
Inventories
5
17,549 
14,549 
Debtors
6
45,000 
45,000 
Cash at bank and in hand
1,888 
1,878 
64,437 
61,427 
Creditors: amounts falling due within one year
7
(290,897)
(164,122)
Net current liabilities
(226,460)
(102,695)
Total assets less current liabilities
(226,460)
(102,612)
Creditors: amounts falling due after more than one year
8
(1,586)
- 
Net liabilities
(228,046)
(102,612)
Capital and reserves
Called up share capital
9
1,000 
1,000 
Profit and loss account
(229,046)
(103,612)
Shareholders' funds
(228,046)
(102,612)
For the year ending 31 January 2020 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 her 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 31 January 2021 and were signed on its behalf by
Rimma Hall Director Company Registration No. 07919441
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THE VAULT 1894 LTD Notes to the Accounts for the year ended 31 January 2020
1
Statutory information
THE VAULT 1894 LTD is a private company, limited by shares, registered in England and Wales, registration number 07919441. The registered office is THE VAULT THE HORACE JONES VAULT, TOWER BRIDGE, SHAD THAMES, LONDON, SE1 2UP.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
18%
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THE VAULT 1894 LTD Notes to the Accounts for the year ended 31 January 2020
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 February 2019
6,034 
At 31 January 2020
6,034 
Depreciation
At 1 February 2019
5,951 
Charge for the year
83 
At 31 January 2020
6,034 
Net book value
At 31 January 2020
- 
At 31 January 2019
83 
5
Inventories
2020 
2019 
£ 
£ 
Finished goods
17,549 
14,549 
17,549 
14,549 
6
Debtors
2020 
2019 
£ 
£ 
Accrued income and prepayments
45,000 
45,000 
7
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Trade creditors
5,390 
- 
Taxes and social security
- 
3,106 
Other creditors
68,416 
2,264 
Loans from directors
217,091 
158,752 
290,897 
164,122 
8
Creditors: amounts falling due after more than one year
2020 
2019 
£ 
£ 
Taxes and social security
1,586 
- 
9
Share capital
2020 
2019 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
10
Average number of employees
During the year the average number of employees was 8 (2019: 7).
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