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REGISTERED NUMBER: 13862266 (England and Wales)















VARLEY'S GROUP LIMITED

Unaudited Financial Statements

for the Period 20 January 2022 to 31 January 2023






VARLEY'S GROUP LIMITED (Registered number: 13862266)






Contents of the Financial Statements
for the Period 20 January 2022 to 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


VARLEY'S GROUP LIMITED

Company Information
for the Period 20 January 2022 to 31 January 2023







DIRECTOR: C J Varley





REGISTERED OFFICE: Mantra House
South Street
Keighley
West Yorkshire
BD21 1SX





REGISTERED NUMBER: 13862266 (England and Wales)





ACCOUNTANTS: Maclean & Company
1 Park View Court
St Paul's Road
Shipley
West Yorkshire
BD18 3DZ

VARLEY'S GROUP LIMITED (Registered number: 13862266)

Balance Sheet
31 January 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 18,923

CURRENT ASSETS
Stocks 1,250
Cash at bank 6,164
7,414
CREDITORS
Amounts falling due within one year 5 4,699
NET CURRENT ASSETS 2,715
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,638

CREDITORS
Amounts falling due after more than one
year

6

21,307
NET ASSETS 331

CAPITAL AND RESERVES
Called up share capital 3
Retained earnings 328
SHAREHOLDERS' FUNDS 331

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2023 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 19 October 2023 and were signed by:



C J Varley - Director


VARLEY'S GROUP LIMITED (Registered number: 13862266)

Notes to the Financial Statements
for the Period 20 January 2022 to 31 January 2023

1. STATUTORY INFORMATION

VARLEY'S GROUP LIMITED is a private company , 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.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 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 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 .

VARLEY'S GROUP LIMITED (Registered number: 13862266)

Notes to the Financial Statements - continued
for the Period 20 January 2022 to 31 January 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
Additions 14,198 9,140 23,338
At 31 January 2023 14,198 9,140 23,338
DEPRECIATION
Charge for period 2,130 2,285 4,415
At 31 January 2023 2,130 2,285 4,415
NET BOOK VALUE
At 31 January 2023 12,068 6,855 18,923

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 2,269
Other creditors 2,430
4,699

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Other creditors 21,307