REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 January 2022 |
for |
VALENTINO MOTORS LTD |
DRAFT 14/09/22 09:54 |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 January 2022 |
for |
VALENTINO MOTORS LTD |
VALENTINO MOTORS LTD (REGISTERED NUMBER: 10580213) |
Contents of the Financial Statements |
FOR THE YEAR ENDED 31 JANUARY 2022 |
DRAFT 14/09/22 09:54 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
VALENTINO MOTORS LTD |
Company Information |
FOR THE YEAR ENDED 31 JANUARY 2022 |
DRAFT 14/09/22 09:54 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Accountants and tax advisers |
111 Headstone Road |
Harrow |
Middlesex |
HA1 1PG |
VALENTINO MOTORS LTD (REGISTERED NUMBER: 10580213) |
Balance Sheet |
31 JANUARY 2022 |
31.1.22 | 31.1.21 |
Notes | £ | £ |
DRAFT 14/09/22 09:54 |
CURRENT ASSETS |
Stocks |
Debtors | 4 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | 6 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
VALENTINO MOTORS LTD (REGISTERED NUMBER: 10580213) |
Balance Sheet - continued |
31 JANUARY 2022 |
DRAFT 14/09/22 09:54 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
VALENTINO MOTORS LTD (REGISTERED NUMBER: 10580213) |
Notes to the Financial Statements |
FOR THE YEAR ENDED 31 JANUARY 2022 |
DRAFT 14/09/22 09:54 |
1. | STATUTORY INFORMATION |
Valentino Motors Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.1.22 | 31.1.21 |
£ | £ |
Other debtors |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.1.22 | 31.1.21 |
£ | £ |
Taxation and social security |
Other creditors |
6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.1.22 | 31.1.21 |
£ | £ |
Bank loans |
Amounts falling due in more than five years: |
Repayable by instalments |
Bank loans more 5 yr by instal | 38,700 | 39,000 |