SERENITY VALLEY LIMITED

Company Registration Number:
SC703424 (Scotland)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

SERENITY VALLEY LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Notes

SERENITY VALLEY LIMITED

Balance sheet

As at 31 July 2023


Notes

2023

13 months to 31 July 2022


£

£
Current assets
Cash at bank and in hand: 40,790 38,093
Total current assets: 40,790 38,093
Creditors: amounts falling due within one year:   (28,450) (24,551)
Net current assets (liabilities): 12,340 13,542
Total assets less current liabilities: 12,340 13,542
Total net assets (liabilities): 12,340 13,542
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 12,339 13,541
Shareholders funds: 12,340 13,542

The notes form part of these financial statements

SERENITY VALLEY LIMITED

Balance sheet statements

For the year ending 31 July 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 16 April 2024
and signed on behalf of the board by:

Name: Mr Stephen Wicks
Status: Director

The notes form part of these financial statements

SERENITY VALLEY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 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

Turnover policy

Turnover is recognised at the fair value of the consideration received or receivable for goods and servicesprovided in the normal course of business, and is shown net of VAT and other sales related taxes. The fairvalue of consideration takes into account trade discounts, settlement discounts and volume rebates.Revenue from contracts for the provision of professional services is recognised by reference to the stage ofcompletion when the stage of completion, costs incurred and costs to complete can be estimated reliably. Thestage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staffrates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenueis recognised only to the extent of the expenses recognised that it is probable will be recovered.

SERENITY VALLEY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

2. Employees

2023 13 months to 31 July 2022
Average number of employees during the period 1 1