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COMPANY REGISTRATION NUMBER: 13506641
Valley View (Halton) Limited
Filleted Unaudited Financial Statements
31 July 2022
Valley View (Halton) Limited
Statement of Financial Position
31 July 2022
31 Jul 22
11 Jul 21
Note
£
£
Current assets
Debtors
4
60
Cash at bank and in hand
1,874
5,338
------------
------------
1,934
5,338
Creditors: amounts falling due within one year
5
( 360)
------------
------------
Net current assets
1,574
5,338
------------
------------
Total assets less current liabilities
1,574
5,338
------------
------------
Net assets
1,574
5,338
------------
------------
Valley View (Halton) Limited
Statement of Financial Position (continued)
31 July 2022
31 Jul 22
11 Jul 21
Note
£
£
Capital and reserves
Called up share capital
6
1
Profit and loss account
1,568
5,337
------------
------------
Shareholders funds
1,574
5,338
------------
------------
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 comprehensive income has not been delivered.
For the period ending 31 July 2022 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 period 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 13 September 2022 , and are signed on behalf of the board by:
Mr T Ponting
Director
Company registration number: 13506641
Valley View (Halton) Limited
Notes to the Financial Statements
Period from 12 July 2021 to 31 July 2022
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Westwood, Rheda Park, Frizington, Cumbria, CA26 3TA.
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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Transition to FRS 102
The entity transitioned from previous UK GAAP to FRS 102 as at 1 August 2020. Details of how FRS 102 has affected the reported financial position and financial performance is given in note 6.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4. Debtors
31 Jul 22
11 Jul 21
£
£
Other debtors
60
------------
------------
5. Creditors: amounts falling due within one year
31 Jul 22
11 Jul 21
£
£
Other creditors
360
------------
------------
6. Transition to FRS 102
These are the first financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1 August 2020.
No transitional adjustments were required in equity or profit or loss for the period.