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No description of principal activity
2022-07-01
Sage Accounts Production Advanced 2023 - FRS102_2023
30,841
30,841
30,841
xbrli:pure
xbrli:shares
iso4217:GBP
07900471
2022-07-01
2023-06-30
07900471
2023-06-30
07900471
2022-06-30
07900471
2021-07-01
2022-06-30
07900471
2022-06-30
07900471
2021-06-30
07900471
bus:RegisteredOffice
2022-07-01
2023-06-30
07900471
bus:OrdinaryShareClass1
2022-07-01
2023-06-30
07900471
bus:LeadAgentIfApplicable
2022-07-01
2023-06-30
07900471
bus:Director2
2022-07-01
2023-06-30
07900471
bus:Director3
2022-07-01
2023-06-30
07900471
bus:Director4
2022-07-01
2023-06-30
07900471
bus:Director5
2022-07-01
2023-06-30
07900471
core:WithinOneYear
2023-06-30
07900471
core:WithinOneYear
2022-06-30
07900471
core:ShareCapital
2023-06-30
07900471
core:ShareCapital
2022-06-30
07900471
core:SharePremium
2023-06-30
07900471
core:SharePremium
2022-06-30
07900471
core:RetainedEarningsAccumulatedLosses
2023-06-30
07900471
core:RetainedEarningsAccumulatedLosses
2022-06-30
07900471
core:CostValuation
core:Non-currentFinancialInstruments
2023-06-30
07900471
core:Non-currentFinancialInstruments
2023-06-30
07900471
core:Non-currentFinancialInstruments
2022-06-30
07900471
bus:SmallEntities
2022-07-01
2023-06-30
07900471
bus:AuditExemptWithAccountantsReport
2022-07-01
2023-06-30
07900471
bus:SmallCompaniesRegimeForAccounts
2022-07-01
2023-06-30
07900471
bus:PrivateLimitedCompanyLtd
2022-07-01
2023-06-30
07900471
bus:FullAccounts
2022-07-01
2023-06-30
07900471
bus:OrdinaryShareClass1
2023-06-30
07900471
bus:OrdinaryShareClass1
2022-06-30
COMPANY REGISTRATION NUMBER:
07900471
Filleted Unaudited Financial Statements |
|
Year ended 30 June 2023
Officers and professional advisers |
1 |
|
|
Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements |
2 |
|
|
Statement of financial position |
3 |
|
|
Notes to the financial statements |
4 |
|
|
Officers and Professional Advisers |
|
The board of directors |
Mr I A I Edwards |
|
Mrs C S Brooks |
|
Mr D J Roberts |
|
Mr R J Roberts |
|
|
Registered office |
The Barn |
|
Laleston |
|
Bridgend |
|
Wales |
|
CF32 0HN |
|
|
Accountants |
Clay Shaw Thomas Ltd |
|
Chartered accountants |
|
2 Oldfield Road |
|
Bocam Park |
|
Bridgend |
|
CF35 5LJ |
|
|
Chartered Accountant's Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of
Valeleigh Limited |
|
Year ended 30 June 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Valeleigh Limited for the year ended 30 June 2023, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Valeleigh Limited, as a body. Our work has been undertaken solely to prepare for your approval the financial statements of Valeleigh Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Valeleigh Limited and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that Valeleigh Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Valeleigh Limited. You consider that Valeleigh Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Valeleigh Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Clay Shaw Thomas Ltd
Chartered accountants
2 Oldfield Road
Bocam Park
Bridgend
CF35 5LJ
28 March 2024
Statement of Financial Position |
|
30 June 2023
Fixed assets
Investments |
5 |
|
30,841 |
30,841 |
|
|
|
|
|
Current assets
Debtors |
6 |
5,599 |
|
376,004 |
Cash at bank and in hand |
375,003 |
|
4 |
|
--------- |
|
--------- |
|
380,602 |
|
376,008 |
|
|
|
|
|
Creditors: amounts falling due within one year |
7 |
27,783 |
|
27,782 |
|
--------- |
|
--------- |
Net current assets |
|
352,819 |
348,226 |
|
|
--------- |
--------- |
Total assets less current liabilities |
|
383,660 |
379,067 |
|
|
--------- |
--------- |
|
|
|
|
|
Capital and reserves
Called up share capital |
8 |
|
114 |
114 |
Share premium account |
9 |
|
374,990 |
374,990 |
Profit and loss account |
9 |
|
8,556 |
3,963 |
|
|
--------- |
--------- |
Shareholders funds |
|
383,660 |
379,067 |
|
|
--------- |
--------- |
|
|
|
|
|
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
27 March 2024
, and are signed on behalf of the board by:
Mr I A I Edwards |
Mr R J Roberts |
Director |
Director |
|
|
Company registration number:
07900471
Notes to the Financial Statements |
|
Year ended 30 June 2023
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Barn, Laleston, Bridgend, CF32 0HN, Wales.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to Nil
(2022: Nil).
5.
Investments
|
Investment in group undertaking |
|
£ |
Cost |
|
At 1 July 2022 and 30 June 2023 |
30,841 |
|
-------- |
Impairment |
|
At 1 July 2022 and 30 June 2023 |
– |
|
-------- |
|
|
Carrying amount |
|
At 30 June 2023 |
30,841 |
|
-------- |
At 30 June 2022 |
30,841 |
|
-------- |
|
|
6.
Debtors
|
2023 |
2022 |
|
£ |
£ |
Amounts owed by group undertakings |
1,004 |
376,004 |
Other debtors |
4,595 |
– |
|
------- |
--------- |
|
5,599 |
376,004 |
|
------- |
--------- |
|
|
|
7.
Creditors:
amounts falling due within one year
|
2023 |
2022 |
|
£ |
£ |
Amounts owed to group undertakings |
2,944 |
2,943 |
Other creditors |
24,839 |
24,839 |
|
-------- |
-------- |
|
27,783 |
27,782 |
|
-------- |
-------- |
|
|
|
8.
Called up share capital
Issued, called up and fully paid
|
2023 |
2022 |
|
No. |
£ |
No. |
£ |
Ordinary shares of £ 1 each |
114 |
114 |
114 |
114 |
|
---- |
---- |
---- |
---- |
|
|
|
|
|
9.
Reserves
Share premium account - This reserve records the amount above the nominal value received for shares sold, less transaction costs. Profit and loss account - This reserve records retained earnings and accumulated losses.
10.
Related party transactions
The company has taken exemption from disclosing related party transactions with wholly owned companies within a group. During the year the company received dividends of £1,400,000 (2022: £1,150,000) from its subsidiary undertaking, Macob Westgate Limited. At the year end the company owed £2,944 in respect of historical expenses paid for by Macob Westgate Limited. The company is related through common control.
11.
Controlling party
The company is wholly owned subsidiary of Macob Commercial Limited. The ultimate controlling party during the year was
Mr R J Roberts
.