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REGISTERED NUMBER: 06930834 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2018

FOR

VIBOX LIMITED
VIBOX LIMITED (REGISTERED NUMBER: 06930834)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2018










Page

Balance Sheet 1

Notes to the Financial Statements 3


VIBOX LIMITED (REGISTERED NUMBER: 06930834)

BALANCE SHEET
31 JANUARY 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 40,663 51,551

CURRENT ASSETS
Stocks 5 501,110 399,457
Debtors 6 415,220 416,782
Cash at bank and in hand 121,182 331,431
1,037,512 1,147,670
CREDITORS
Amounts falling due within one year 7 1,057,703 1,046,454
NET CURRENT (LIABILITIES)/ASSETS (20,191 ) 101,216
TOTAL ASSETS LESS CURRENT
LIABILITIES
20,472
152,767

PROVISIONS FOR LIABILITIES 7,726 10,310
NET ASSETS 12,746 142,457

CAPITAL AND RESERVES
Called up share capital 105 105
Retained earnings 12,641 142,352
SHAREHOLDERS' FUNDS 12,746 142,457

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 notes form part of these financial statements

Page 1 continued...
VIBOX LIMITED (REGISTERED NUMBER: 06930834)

BALANCE SHEET - continued
31 JANUARY 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director on 31 October 2018 and were signed by:





M J Fleet - Director


The notes form part of these financial statements

Page 2
VIBOX LIMITED (REGISTERED NUMBER: 06930834)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2018


1. STATUTORY INFORMATION

Vibox Limited is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address are as below:

Registered number: 06930834

Registered office: Safestore
Reddish Road
Reddish
Stockport
SK5 7BW

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The presentation currency of the financial statements is £GBP.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office and computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account,
except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Page 3 continued...
VIBOX LIMITED (REGISTERED NUMBER: 06930834)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2018


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2017 - 31 ) .

4. TANGIBLE FIXED ASSETS
Office
and
computer
equipment
£   
COST
At 1 February 2017 111,319
Additions 2,000
At 31 January 2018 113,319
DEPRECIATION
At 1 February 2017 59,768
Charge for year 12,888
At 31 January 2018 72,656
NET BOOK VALUE
At 31 January 2018 40,663
At 31 January 2017 51,551

5. STOCKS
2018 2017
£    £   
Stocks 501,110 399,457

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 272,658 153,350
Other debtors 8,270 13,722
Directors' current accounts - 65,851
Prepayments and accrued income 134,292 183,859
415,220 416,782

Page 4 continued...
VIBOX LIMITED (REGISTERED NUMBER: 06930834)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2018


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 455,677 788,286
Corporation tax 94,138 149,665
Social security and other taxes 455,030 43,874
Other creditors 9,032 10,905
Amounts due to related parties 15,240 -
Directors' current accounts 116 -
Accruals and deferred income 28,470 53,724
1,057,703 1,046,454

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 January 2018 and the period
ended 31 January 2017:

2018 2017
£    £   
M J Fleet
Balance outstanding at start of year 65,851 -
Amounts advanced - 65,851
Amounts repaid (65,967 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (116 ) 65,851

Beneficial loan interest has been charged on the directors loan account.

9. ULTIMATE CONTROLLING PARTY

The controlling party is M J Fleet.

Page 5