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REGISTERED NUMBER: 02156251 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

FOR

VALEMAN LIMITED

VALEMAN LIMITED (REGISTERED NUMBER: 02156251)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


VALEMAN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTOR: J Clarke





SECRETARY: Mrs M E Clarke





REGISTERED OFFICE: The Granary
High Street
Turvey
Bedfordshire
MK43 8DB





REGISTERED NUMBER: 02156251 (England and Wales)





ACCOUNTANTS: Cox & Co. (Accountancy) Limited
Chartered Accountants
The Granary
High Street
Turvey
Bedford
Bedfordshire
MK43 8DB

VALEMAN LIMITED (REGISTERED NUMBER: 02156251)

BALANCE SHEET
31 AUGUST 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12 17

CURRENT ASSETS
Stocks 219,608 219,608
Debtors 5 7,557 1,071
Cash at bank 2,881 34,002
230,046 254,681
CREDITORS
Amounts falling due within one year 6 13,483 21,167
NET CURRENT ASSETS 216,563 233,514
TOTAL ASSETS LESS CURRENT
LIABILITIES

216,575

233,531

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 216,573 233,529
SHAREHOLDERS' FUNDS 216,575 233,531

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 9 November 2023 and were signed by:





J Clarke - Director


VALEMAN LIMITED (REGISTERED NUMBER: 02156251)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1. STATUTORY INFORMATION

Valeman 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 represents rents receivable from property excluding value added tax.

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 - 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2022
and 31 August 2023 2,466
DEPRECIATION
At 1 September 2022 2,449
Charge for year 5
At 31 August 2023 2,454
NET BOOK VALUE
At 31 August 2023 12
At 31 August 2022 17

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,993 130
Other debtors 5,564 941
7,557 1,071

VALEMAN LIMITED (REGISTERED NUMBER: 02156251)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 6,891
Taxation and social security 4,717 5,967
Other creditors 8,766 8,309
13,483 21,167