IRIS Accounts Production v23.2.0.158 03178336 Board of Directors 1.10.21 30.9.22 30.9.22 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure031783362021-09-30031783362022-09-30031783362021-10-012022-09-30031783362020-09-30031783362020-10-012021-09-30031783362021-09-3003178336ns16:EnglandWales2021-10-012022-09-3003178336ns15:PoundSterling2021-10-012022-09-3003178336ns11:Director12021-10-012022-09-3003178336ns11:PrivateLimitedCompanyLtd2021-10-012022-09-3003178336ns11:SmallEntities2021-10-012022-09-3003178336ns11:AuditExempt-NoAccountantsReport2021-10-012022-09-3003178336ns11:SmallCompaniesRegimeForDirectorsReport2021-10-012022-09-3003178336ns11:SmallCompaniesRegimeForAccounts2021-10-012022-09-3003178336ns11:FullAccounts2021-10-012022-09-3003178336ns11:Director22021-10-012022-09-3003178336ns11:Director32021-10-012022-09-3003178336ns11:Director42021-10-012022-09-3003178336ns11:CompanySecretary12021-10-012022-09-3003178336ns11:RegisteredOffice2021-10-012022-09-3003178336ns6:CurrentFinancialInstruments2022-09-3003178336ns6:CurrentFinancialInstruments2021-09-3003178336ns6:Non-currentFinancialInstruments2022-09-3003178336ns6:Non-currentFinancialInstruments2021-09-3003178336ns6:ShareCapital2022-09-3003178336ns6:ShareCapital2021-09-3003178336ns6:CapitalRedemptionReserve2022-09-3003178336ns6:CapitalRedemptionReserve2021-09-3003178336ns6:RetainedEarningsAccumulatedLosses2022-09-3003178336ns6:RetainedEarningsAccumulatedLosses2021-09-3003178336ns6:MotorVehicles2021-10-012022-09-3003178336ns6:MotorVehicles2021-09-3003178336ns6:MotorVehicles2022-09-3003178336ns6:MotorVehicles2021-09-3003178336ns6:WithinOneYearns6:CurrentFinancialInstruments2022-09-3003178336ns6:WithinOneYearns6:CurrentFinancialInstruments2021-09-30
REGISTERED NUMBER: 03178336 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2022

FOR

STRONGVALUE LIMITED

STRONGVALUE LIMITED (REGISTERED NUMBER: 03178336)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STRONGVALUE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2022







DIRECTORS: E M Weaving
Mrs K A Weaving
T R Randell
E R Randell





SECRETARY: Mrs K A Weaving





REGISTERED OFFICE: Rendezvous Hotel
Keighley Road
Skipton
North Yorkshire
BD23 2TA





REGISTERED NUMBER: 03178336 (England and Wales)





ACCOUNTANTS: Ainsworths Limited
Charter House
Stansfield Street
Nelson
Lancashire
BB9 9XY

STRONGVALUE LIMITED (REGISTERED NUMBER: 03178336)

BALANCE SHEET
30TH SEPTEMBER 2022

30.9.22 30.9.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 391,505 408,527

CURRENT ASSETS
Debtors 5 35,439 33,897
Cash at bank 2,416 1,446
37,855 35,343
CREDITORS
Amounts falling due within one year 6 1,050 1,050
NET CURRENT ASSETS 36,805 34,293
TOTAL ASSETS LESS CURRENT
LIABILITIES

428,310

442,820

CREDITORS
Amounts falling due after more than one year 7 (394,755 ) (386,002 )

PROVISIONS FOR LIABILITIES (73,200 ) (45,296 )
NET (LIABILITIES)/ASSETS (39,645 ) 11,522

CAPITAL AND RESERVES
Called up share capital 140,000 140,000
Capital redemption reserve 100,000 100,000
Retained earnings (279,645 ) (228,478 )
SHAREHOLDERS' FUNDS (39,645 ) 11,522

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

STRONGVALUE LIMITED (REGISTERED NUMBER: 03178336)

BALANCE SHEET - continued
30TH SEPTEMBER 2022


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 Board of Directors and authorised for issue on 29th September 2023 and were signed on its behalf by:





Mrs K A Weaving - Director


STRONGVALUE LIMITED (REGISTERED NUMBER: 03178336)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2022


1. STATUTORY INFORMATION

Strongvalue 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 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Canal barge - 4% on cost

Depreciation is only provided on tangible fixed assets once they are operational.

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 4 (2021 - 4 ) .

STRONGVALUE LIMITED (REGISTERED NUMBER: 03178336)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2022


4. TANGIBLE FIXED ASSETS
Canal
barge
£   
COST
At 1st October 2021
and 30th September 2022 425,549
DEPRECIATION
At 1st October 2021 17,022
Charge for year 17,022
At 30th September 2022 34,044
NET BOOK VALUE
At 30th September 2022 391,505
At 30th September 2021 408,527

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.22 30.9.21
£    £   
Other debtors 30,522 30,522
Prepayments 4,917 3,375
35,439 33,897

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.22 30.9.21
£    £   
Accruals 1,050 1,050

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.22 30.9.21
£    £   
Amounts owed to group undertakings 394,755 386,002