IRIS Accounts Production v23.3.1.45 02381789 Board of Directors 1.8.22 31.7.23 31.7.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh023817892022-07-31023817892023-07-31023817892022-08-012023-07-31023817892021-07-31023817892021-08-012022-07-31023817892022-07-3102381789ns10:Originalns15:EnglandWales2022-08-012023-07-3102381789ns14:PoundSterlingns10:Original2022-08-012023-07-3102381789ns10:Originalns10:Director12022-08-012023-07-3102381789ns10:Original2022-08-012023-07-3102381789ns10:Original2023-07-3102381789ns10:Originalns10:PrivateLimitedCompanyLtd2022-08-012023-07-3102381789ns10:Originalns10:SmallEntities2022-08-012023-07-3102381789ns10:Originalns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3102381789ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3102381789ns10:SmallCompaniesRegimeForAccountsns10:Original2022-08-012023-07-3102381789ns10:Originalns10:FullAccounts2022-08-012023-07-3102381789ns10:Originalns10:OrdinaryShareClass12022-08-012023-07-3102381789ns10:Originalns10:Director22022-08-012023-07-3102381789ns10:CompanySecretary1ns10:Original2022-08-012023-07-3102381789ns10:Originalns10:RegisteredOffice2022-08-012023-07-3102381789ns10:Original2022-07-3102381789ns10:Originalns5:CurrentFinancialInstruments2023-07-3102381789ns10:Originalns5:CurrentFinancialInstruments2022-07-3102381789ns5:ShareCapitalns10:Original2023-07-3102381789ns5:ShareCapitalns10:Original2022-07-3102381789ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-07-3102381789ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-07-3102381789ns10:Original2021-08-012022-07-3102381789ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3102381789ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-3102381789ns10:Originalns10:OrdinaryShareClass12023-07-31
REGISTERED NUMBER: 02381789 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

FOR

VALE OF YORK COMMERCIAL LIMITED

VALE OF YORK COMMERCIAL LIMITED (REGISTERED NUMBER: 02381789)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


VALE OF YORK COMMERCIAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTORS: M R Hollis
Mrs C E Bateson





SECRETARY: M R Hollis





REGISTERED OFFICE: 36-40 Doncaster Road
Barnsley
South Yorkshire
S70 1TL





REGISTERED NUMBER: 02381789 (England and Wales)





ACCOUNTANTS: Seaman Herbert & Co
36 - 40 Doncaster Road
Barnsley
South Yorkshire
S70 1TL

VALE OF YORK COMMERCIAL LIMITED (REGISTERED NUMBER: 02381789)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Stocks 4 370,000 370,000
Debtors 5 240 -
Cash at bank and in hand 100 155
370,340 370,155
CREDITORS
Amounts falling due within one year 6 373,764 382,307
NET CURRENT LIABILITIES (3,424 ) (12,152 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,424

)

(12,152

)

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (3,524 ) (12,252 )
SHAREHOLDERS' FUNDS (3,424 ) (12,152 )

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 directors acknowledge their 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 Profit & Loss Account and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 January 2024 and were signed on its behalf by:





M R Hollis - Director


VALE OF YORK COMMERCIAL LIMITED (REGISTERED NUMBER: 02381789)

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

1. STATUTORY INFORMATION

Vale of York Commercial 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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account and Retained Earnings, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 2 (2022 - 2 ) .

4. STOCKS
2023 2022
£    £   
Finished goods 370,000 370,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
VAT 240 -

VALE OF YORK COMMERCIAL LIMITED (REGISTERED NUMBER: 02381789)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 7) 120 -
Trade creditors - 1
Tax 2,395 11,623
VAT - 3,125
Directors' current accounts 369,939 364,868
Accrued expenses 1,310 2,690
373,764 382,307

7. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 120 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

9. ULTIMATE CONTROLLING PARTY

The directors hold 100% of the issued share capital.