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REGISTERED NUMBER: 04841405 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2018

FOR

VALUSYS LIMITED

VALUSYS LIMITED (REGISTERED NUMBER: 04841405)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


VALUSYS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2018







DIRECTOR: M S Perring





SECRETARY: Mrs R A Perring





REGISTERED OFFICE: Unit 8
Thesiger Close
Worthing
West Sussex
BN11 2RN





REGISTERED NUMBER: 04841405 (England and Wales)





ACCOUNTANTS: Watson Associates (Professional Services) Limited
30 - 34 North Street
Hailsham
East Sussex
BN27 1DW

VALUSYS LIMITED (REGISTERED NUMBER: 04841405)

BALANCE SHEET
31 AUGUST 2018

2018 2017
Notes £    £   
FIXED ASSETS
Tangible assets 4 5,883 7,938

CURRENT ASSETS
Stocks 87,830 85,772
Debtors 5 474,201 457,224
Cash at bank and in hand 1,130 16,702
563,161 559,698
CREDITORS
Amounts falling due within one year 6 (510,063 ) (558,167 )
NET CURRENT ASSETS 53,098 1,531
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,981

9,469

CAPITAL AND RESERVES
Called up share capital 7 98,000 98,000
Share premium 52,000 52,000
Retained earnings (91,019 ) (140,531 )
SHAREHOLDERS' FUNDS 58,981 9,469

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

VALUSYS LIMITED (REGISTERED NUMBER: 04841405)

BALANCE SHEET - continued
31 AUGUST 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director on 13 November 2018 and were signed by:





M S Perring - Director


VALUSYS LIMITED (REGISTERED NUMBER: 04841405)

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

1. STATUTORY INFORMATION

Valusys Limited is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

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.

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.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of the
financial assets and liabilities like trade and other accounts receivable and payable, loans from bank and other
third parties, and loans to related parties.

Debt instruments that are payable or receivable within one year, are measured, initially and subsequently at the
undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments
are initially measured at present value of the future payments and subsequently at the amortised cost using the
effective interest method

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period
for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is
recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an
enforceable right to set off the recognised amounts and there is no intention to settle on a net basis or to realise
the asset and settle the liability simultaneously.


VALUSYS LIMITED (REGISTERED NUMBER: 04841405)

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

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 10 (2017 - 9 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 September 2017
and 31 August 2018 14,987 8,428 51,872 75,287
DEPRECIATION
At 1 September 2017 12,774 6,198 48,377 67,349
Charge for year 332 558 1,165 2,055
At 31 August 2018 13,106 6,756 49,542 69,404
NET BOOK VALUE
At 31 August 2018 1,881 1,672 2,330 5,883
At 31 August 2017 2,213 2,230 3,495 7,938

VALUSYS LIMITED (REGISTERED NUMBER: 04841405)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 419,912 401,971
Other debtors 54,289 55,253
474,201 457,224

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Bank loans and overdrafts 2,874 -
Trade creditors 261,387 245,085
Taxation and social security 29,925 48,015
Other creditors 215,877 265,067
510,063 558,167

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2018 2017
value: £    £   
98,000 Ordinary £1 98,000 98,000

8. ULTIMATE CONTROLLING PARTY

The controlling party is M S Perring.