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REGISTERED NUMBER: 12879297 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 14 SEPTEMBER 2020 TO 30 SEPTEMBER 2021

FOR

VALDON PM LTD

VALDON PM LTD (REGISTERED NUMBER: 12879297)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 14 SEPTEMBER 2020 TO 30 SEPTEMBER 2021










Page

Statement of Financial Position 1

Notes to the Financial Statements 2


VALDON PM LTD (REGISTERED NUMBER: 12879297)

STATEMENT OF FINANCIAL POSITION
30 SEPTEMBER 2021

Notes £   
FIXED ASSETS
Property, plant and equipment 4 698

CURRENT ASSETS
Debtors 5 22,547
Cash at bank 8,398
30,945
CREDITORS
Amounts falling due within one year 6 (10,255 )
NET CURRENT ASSETS 20,690
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,388

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings 21,387
21,388

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2021 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 14 September 2022 and were signed by:





D J Foy - Director


VALDON PM LTD (REGISTERED NUMBER: 12879297)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 14 SEPTEMBER 2020 TO 30 SEPTEMBER 2021


1. STATUTORY INFORMATION

Valdon Pm Ltd 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: 12879297

Registered office: 44 Friarswood Road
Newcastle
United Kingdom
Staffordshire
ST5 2EG

2. ACCOUNTING POLICIES

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

Revenue recognition
Revenue 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.
Plant and machinery etc - 20% reducing balance from date purchased

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.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Taxation
Taxation for the period 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 statement of financial position date.


VALDON PM LTD (REGISTERED NUMBER: 12879297)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 14 SEPTEMBER 2020 TO 30 SEPTEMBER 2021


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and
fittings
£   
COST
Additions 790
At 30 September 2021 790
DEPRECIATION
Charge for period 92
At 30 September 2021 92
NET BOOK VALUE
At 30 September 2021 698

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 22,547

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 9,310
Other creditors 945
10,255

VALDON PM LTD (REGISTERED NUMBER: 12879297)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 14 SEPTEMBER 2020 TO 30 SEPTEMBER 2021


7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 September 2021:

£   
D J Foy
Balance outstanding at start of period -
Amounts advanced 54,359
Amounts repaid (31,812 )
Amounts written off -
Amounts waived -
Balance outstanding at end of period 22,547

8. RELATED PARTY DISCLOSURES

All transactions undertaken with the director are deemed to be conducted under normal market conditions and/or are not material.