VALY BUILDING LTD

Company Registration Number:
12969062 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2022

Period of accounts

Start date: 1 November 2021

End date: 31 October 2022

VALY BUILDING LTD

Contents of the Financial Statements

for the Period Ended 31 October 2022

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

VALY BUILDING LTD

Profit And Loss Account

for the Period Ended 31 October 2022

2022 2021


£

£
Turnover: 850,640 920,725
Cost of sales: ( 569,415 ) ( 481,403 )
Gross profit(or loss): 281,225 439,322
Administrative expenses: ( 367,660 ) ( 334,481 )
Operating profit(or loss): (86,435) 104,841
Profit(or loss) before tax: (86,435) 104,841
Tax: 0 ( 19,851 )
Profit(or loss) for the financial year: (86,435) 84,990

VALY BUILDING LTD

Balance sheet

As at 31 October 2022

Notes 2022 2021


£

£
Fixed assets
Tangible assets: 3 13,942 18,589
Total fixed assets: 13,942 18,589
Current assets
Stocks: 4 19,070 42,546
Debtors: 5 21,655 46,512
Cash at bank and in hand: 10,410 46,895
Total current assets: 51,135 135,953
Creditors: amounts falling due within one year: 6 ( 66,521 ) ( 69,551 )
Net current assets (liabilities): (15,386) 66,402
Total assets less current liabilities: (1,444) 84,991
Total net assets (liabilities): (1,444) 84,991
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (1,445 ) 84,990
Total Shareholders' funds: ( 1,444 ) 84,991

The notes form part of these financial statements

VALY BUILDING LTD

Balance sheet statements

For the year ending 31 October 2022 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 28 November 2023
and signed on behalf of the board by:

Name: Mr S Fry
Status: Director

The notes form part of these financial statements

VALY BUILDING LTD

Notes to the Financial Statements

for the Period Ended 31 October 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

VALY BUILDING LTD

Notes to the Financial Statements

for the Period Ended 31 October 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 8 9

VALY BUILDING LTD

Notes to the Financial Statements

for the Period Ended 31 October 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2021 23,235 23,235
Additions
Disposals
Revaluations
Transfers
At 31 October 2022 23,235 23,235
Depreciation
At 1 November 2021 4,646 4,646
Charge for year 4,647 4,647
On disposals
Other adjustments
At 31 October 2022 9,293 9,293
Net book value
At 31 October 2022 13,942 13,942
At 31 October 2021 18,589 18,589

VALY BUILDING LTD

Notes to the Financial Statements

for the Period Ended 31 October 2022

4. Stocks

2022 2021
£ £
Stocks 19,070 42,546
Total 19,070 42,546

VALY BUILDING LTD

Notes to the Financial Statements

for the Period Ended 31 October 2022

5. Debtors

2022 2021
£ £
Trade debtors 21,655 46,512
Total 21,655 46,512

VALY BUILDING LTD

Notes to the Financial Statements

for the Period Ended 31 October 2022

6. Creditors: amounts falling due within one year note

2022 2021
£ £
Trade creditors 66,521 53,403
Taxation and social security 16,148
Total 66,521 69,551