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REGISTERED NUMBER: 10580213 (England and Wales)















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

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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







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DIRECTOR: V Banderas





REGISTERED OFFICE: 417 KINGSBURY ROAD
LONDON
NW9 9DT





REGISTERED NUMBER: 10580213 (England and Wales)





ACCOUNTANTS: Hardy & Co
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 £    £   
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CURRENT ASSETS
Stocks 113,650 120,750
Debtors 4 - 359
Cash at bank and in hand 35,121 17,212
148,771 138,321
CREDITORS
Amounts falling due within one year 5 86,041 82,967
NET CURRENT ASSETS 62,730 55,354
TOTAL ASSETS LESS CURRENT
LIABILITIES

62,730

55,354

CREDITORS
Amounts falling due after more than one year 6 38,700 39,000
NET ASSETS 24,030 16,354

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 23,930 16,254
SHAREHOLDERS' FUNDS 24,030 16,354

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2022 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.

VALENTINO MOTORS LTD (REGISTERED NUMBER: 10580213)

Balance Sheet - continued
31 JANUARY 2022

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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 13 September 2022 and were signed by:





V Banderas - Director


VALENTINO MOTORS LTD (REGISTERED NUMBER: 10580213)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 JANUARY 2022
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1. STATUTORY INFORMATION

Valentino Motors Ltd 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 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.

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 (2021 - 3 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.22 31.1.21
£    £   
Other debtors - 359

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.22 31.1.21
£    £   
Taxation and social security 2,803 779
Other creditors 83,238 82,188
86,041 82,967

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.22 31.1.21
£    £   
Bank loans 38,700 39,000

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 38,700 39,000