VALESCAPE LIMITED

Company Registration Number:
11081780 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

VALESCAPE LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2023

Balance sheet
Notes

VALESCAPE LIMITED

Balance sheet

As at 31 May 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 377,924 104,815
Total fixed assets: 377,924 104,815
Current assets
Stocks: 250,000 35,000
Debtors:   100,786 54,000
Cash at bank and in hand: 14,954 158,978
Total current assets: 365,740 247,978
Creditors: amounts falling due within one year: 4 (232,896) (328,002)
Net current assets (liabilities): 132,844 (80,024)
Total assets less current liabilities: 510,768 24,791
Creditors: amounts falling due after more than one year: 5 (300,154)
Total net assets (liabilities): 210,614 24,791
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 210,514 24,691
Shareholders funds: 210,614 24,791

The notes form part of these financial statements

VALESCAPE LIMITED

Balance sheet statements

For the year ending 31 May 2023 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 15 November 2023
and signed on behalf of the board by:

Name: Daniel Pargin
Status: Director

The notes form part of these financial statements

VALESCAPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

VALESCAPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

2. Employees

2023 2022
Average number of employees during the period 14 10

VALESCAPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Tangible Assets

Total
Cost £
At 01 June 2022 139,213
Additions 459,186
Disposals (124,806)
At 31 May 2023 473,593
Depreciation
At 01 June 2022 34,398
Charge for year 61,271
At 31 May 2023 95,669
Net book value
At 31 May 2023 377,924
At 31 May 2022 104,815

VALESCAPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Creditors: amounts falling due within one year note

Bank Loans £33,333Trade creditors £83,087Other taxes £48,145Other creditors £68,331Total £232,896

VALESCAPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Creditors: amounts falling due after more than one year note

Bank loans £105,725Other creditors £194,429Total £300,154