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REGISTERED NUMBER: 12829730 (England and Wales)












Vallabole Limited

Unaudited Financial Statements

for the Year Ended 31 July 2023






Vallabole Limited (Registered number: 12829730)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Vallabole Limited

Company Information
for the Year Ended 31 July 2023







DIRECTOR: A Valler





REGISTERED OFFICE: 26 Beatrice Road
Bodmin
Cornwall
PL31 1RD





REGISTERED NUMBER: 12829730 (England and Wales)





ACCOUNTANTS: ATC Advisors
Chartered Accountants
26 Beatrice Road
Bodmin
Cornwall
PL31 1RD

Vallabole Limited (Registered number: 12829730)

Statement of Financial Position
31 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 186,863 187,608

CURRENT ASSETS
Debtors 5 - 906
Cash at bank and in hand 5,043 1,655
5,043 2,561
CREDITORS
Amounts falling due within one year 6 58,278 61,002
NET CURRENT LIABILITIES (53,235 ) (58,441 )
TOTAL ASSETS LESS CURRENT LIABILITIES 133,628 129,167

CREDITORS
Amounts falling due after more than one year 7 131,006 131,000
NET ASSETS/(LIABILITIES) 2,622 (1,833 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,522 (1,933 )
2,622 (1,833 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 12 August 2023 and were signed by:





A Valler - Director


Vallabole Limited (Registered number: 12829730)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Vallabole 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.

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 - 25% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Freehold Plant and
property machinery Totals
£    £    £   
COST
At 1 August 2022
and 31 July 2023 184,626 3,977 188,603
DEPRECIATION
At 1 August 2022 - 995 995
Charge for year - 745 745
At 31 July 2023 - 1,740 1,740
NET BOOK VALUE
At 31 July 2023 184,626 2,237 186,863
At 31 July 2022 184,626 2,982 187,608

Vallabole Limited (Registered number: 12829730)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 906

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 56,041 56,060
Taxation and social security 67 -
Other creditors 2,170 4,942
58,278 61,002

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Other creditors 131,006 131,000