Company Registration No. 07849888 (England and Wales)
Valley Holdings (UK) Limited
Unaudited accounts
for the year ended 31 March 2023
Valley Holdings (UK) Limited
Unaudited accounts
Contents
Valley Holdings (UK) Limited
Company Information
for the year ended 31 March 2023
Company Number
07849888 (England and Wales)
Registered Office
85 VALLEY DRIVE
YARM
TS15 9JQ
Accountants
SNT Accounting
Brookfield Court
Selby Road
Leeds
LS25 1NB
Valley Holdings (UK) Limited
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
52,278
57,196
Creditors: amounts falling due within one year
(35,539)
(45,097)
Net current assets
16,739
12,653
Called up share capital
1,000
1,000
Profit and loss account
15,839
11,753
Shareholders' funds
16,839
12,753
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 November 2023 and were signed on its behalf by
JD Kerr
Director
Company Registration No. 07849888
Valley Holdings (UK) Limited
Notes to the Accounts
for the year ended 31 March 2023
Valley Holdings (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 07849888. The registered office is 85 VALLEY DRIVE, YARM, TS15 9JQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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Investments
Other investments
Valuation at 1 April 2022
100
Valuation at 31 March 2023
100
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
6,822
6,812
Proposed dividends
25,000
23,000
Other creditors
3,717
14,196
Valley Holdings (UK) Limited
Notes to the Accounts
for the year ended 31 March 2023
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Average number of employees
During the year the average number of employees was 0 (2022: 0).