VANGUARD FIXINGS LIMITED

VANGUARD FIXINGS LIMITED

VANGUARD FIXINGS LIMITED - Company Information

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VANGUARD FIXINGS LIMITED

Company Registration Number:
00952454 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

VANGUARD FIXINGS LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Balance sheet
Notes

VANGUARD FIXINGS LIMITED

Balance sheet

As at 28 February 2023


Notes
2023
2022


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 208,566 233,867
Investments: 4 624,000 624,000
Total fixed assets: 832,566 857,867
Current assets
Stocks: 263,055 280,787
Debtors: 5 1,128,223 892,430
Cash at bank and in hand: 490,792 442,022
Investments:   0 0
Total current assets: 1,882,070 1,615,239
Creditors: amounts falling due within one year: 6 (2,381,155) (2,159,554)
Net current assets (liabilities): (499,085) (544,315)
Total assets less current liabilities: 333,481 313,552
Creditors: amounts falling due after more than one year: 7 (86,620) (84,332)
Provision for liabilities: 0 0
Total net assets (liabilities): 246,861 229,220
Capital and reserves
Called up share capital: 100,000 100,000
Profit and loss account: 146,861 129,220
Shareholders funds: 246,861 229,220

The notes form part of these financial statements

VANGUARD FIXINGS LIMITED

Balance sheet statements

For the year ending 28 February 2023 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 07 June 2023
and signed on behalf of the board by:

Name: Shane O' Neill
Status: Director

The notes form part of these financial statements

VANGUARD FIXINGS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

VANGUARD FIXINGS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

2. Employees

2023 2022
Average number of employees during the period 21 18

VANGUARD FIXINGS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Tangible Assets

Total
Cost £
At 01 March 2022 653,966
Additions 52,616
Disposals 0
Revaluations 0
Transfers 0
At 28 February 2023 706,582
Depreciation
At 01 March 2022 420,099
Charge for year 77,917
On disposals 0
Other adjustments 0
At 28 February 2023 498,016
Net book value
At 28 February 2023 208,566
At 28 February 2022 233,867

VANGUARD FIXINGS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Fixed investments

Investments at 28/02/2022 was £624,000. Investments at 28/02/2023 was £624,000.

VANGUARD FIXINGS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Debtors

2023 2022
££
Debtors due after more than one year: 1,128,223 892,430

VANGUARD FIXINGS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

6. Creditors: amounts falling due within one year note

Bank Overdrafts £670,852, Bank Loan £158,333, Net obligations under finance leases £34,140, Trade Creditors £1,061,566, Taxation £28,368, Directors current accounts £166,837, Other Creditors £25,000, Accruals £236,059.

VANGUARD FIXINGS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

7. Creditors: amounts falling due after more than one year note

Leasing and HP £86,620.

VANGUARD FIXINGS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

8. Related party transactions

Name of the related party: Woodall Fastening Systems Limited
Relationship:
Connected Company
Description of the Transaction: The transaction was a loan
£
Balance at 01 March 2022 14,629
Balance at 28 February 2023 45,539
Name of the related party: Vanguard Cold Storage and Distribution Limited
Relationship:
Connected Company
Description of the Transaction: The transaction was a loan
£
Balance at 01 March 2022 20,967
Balance at 28 February 2023 5,225