Caseware UK (AP4) 2022.0.179 2022.0.179 2023-01-312023-01-31falseNo description of principal activity2022-02-01truefalse0The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.0 11211460 2023-01-31 11211460 2022-02-01 2023-01-31 11211460 2021-02-01 2022-01-31 11211460 2022-01-31 11211460 c:Director2 2022-02-01 2023-01-31 11211460 c:Director3 2022-02-01 2023-01-31 11211460 d:CurrentFinancialInstruments 2023-01-31 11211460 d:CurrentFinancialInstruments 2022-01-31 11211460 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 11211460 d:CurrentFinancialInstruments d:WithinOneYear 2022-01-31 11211460 d:ShareCapital 2023-01-31 11211460 d:ShareCapital 2022-01-31 11211460 d:CapitalRedemptionReserve 2023-01-31 11211460 d:CapitalRedemptionReserve 2022-01-31 11211460 d:RetainedEarningsAccumulatedLosses 2023-01-31 11211460 d:RetainedEarningsAccumulatedLosses 2022-01-31 11211460 c:FRS102 2022-02-01 2023-01-31 11211460 c:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 11211460 c:FullAccounts 2022-02-01 2023-01-31 11211460 c:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 11211460 6 2022-02-01 2023-01-31 iso4217:GBP xbrli:pure
Company registration number: 11211460







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 JANUARY 2023


VALOREM HOLDINGS LTD






































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VALOREM HOLDINGS LTD
REGISTERED NUMBER:11211460



STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
2,628
2,628

  
2,628
2,628

Current assets
  

Debtors: amounts falling due within one year
 5 
146,275
149,924

Cash at bank and in hand
  
79
166

  
146,354
150,090

Creditors: amounts falling due within one year
 6 
(133,852)
(121,911)

Net current assets
  
 
 
12,502
 
 
28,179

Total assets less current liabilities
  
15,130
30,807

  

Net assets
  
15,130
30,807


Capital and reserves
  

Called up share capital 
  
2,486
2,486

Capital redemption reserve
  
140
140

Profit and loss account
  
12,504
28,181

  
15,130
30,807


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



D V Garofalo
D B Fisher
Director
Director


Date: 16 April 2024

Page 1

 


VALOREM HOLDINGS LTD
REGISTERED NUMBER:11211460


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 2023

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 


VALOREM HOLDINGS LTD
 


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

1.


General information

Valorem Holdings Ltd is a private company limited by shares, incorporated in England & Wales under the Companies Act, registration 11211460.
The address of the registered office is Lynton House, 7-12 Tavistock Square, London, WC1H 9LT.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.5

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 0 (2022 - 0).

Page 3

 


VALOREM HOLDINGS LTD
 


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

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 February 2022
2,628



At 31 January 2023
2,628





5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
-
3,559

Other debtors
146,275
146,365

146,275
149,924



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
121,702
118,911

Accruals and deferred income
12,150
3,000

133,852
121,911


 
Page 4