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REGISTERED NUMBER: 08152737 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 July 2023

for

VALLEYWOOD MANAGEMENT LTD

VALLEYWOOD MANAGEMENT LTD (REGISTERED NUMBER: 08152737)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 JULY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 8

VALLEYWOOD MANAGEMENT LTD

Company Information
FOR THE YEAR ENDED 31 JULY 2023







DIRECTOR: Miss R Maroo





REGISTERED OFFICE: Fairway House
Links Business Park
St Mellons
Cardiff
CF3 OLT





REGISTERED NUMBER: 08152737 (England and Wales)





ACCOUNTANTS: Hayvenhursts
Fairway House
Links Business Park
St Mellons
Cardiff
CF3 0LT

VALLEYWOOD MANAGEMENT LTD (REGISTERED NUMBER: 08152737)

Balance Sheet
31 JULY 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 119 184
Tangible assets 5 81,495 10,724
81,614 10,908

CURRENT ASSETS
Debtors 6 23,095 975

CREDITORS
Amounts falling due within one year 7 (257,585 ) (69,433 )
NET CURRENT LIABILITIES (234,490 ) (68,458 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(152,876

)

(57,550

)

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 (152,976 ) (57,650 )
SHAREHOLDERS' FUNDS (152,876 ) (57,550 )

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 director acknowledges her 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.

VALLEYWOOD MANAGEMENT LTD (REGISTERED NUMBER: 08152737)

Balance Sheet - continued
31 JULY 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 April 2024 and were signed by:





Miss R Maroo - Director


VALLEYWOOD MANAGEMENT LTD (REGISTERED NUMBER: 08152737)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 JULY 2023

1. STATUTORY INFORMATION

Valleywood Management Ltd 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.

The financial statements have been prepared on a going concern basis based upon assurances provided by the director of her intention to continue to support the company in the future.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Patents and licences
Patents and licences are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic live which is deemed to be 10 years. Impairment of patents and licences is reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


VALLEYWOOD MANAGEMENT LTD (REGISTERED NUMBER: 08152737)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JULY 2023

2. ACCOUNTING POLICIES - continued
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 1 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 August 2022
and 31 July 2023 650
AMORTISATION
At 1 August 2022 466
Amortisation for year 65
At 31 July 2023 531
NET BOOK VALUE
At 31 July 2023 119
At 31 July 2022 184

VALLEYWOOD MANAGEMENT LTD (REGISTERED NUMBER: 08152737)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JULY 2023

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 August 2022 - 8,085 6,500 1,895 16,480
Additions 10,000 1,466 71,671 475 83,612
At 31 July 2023 10,000 9,551 78,171 2,370 100,092
DEPRECIATION
At 1 August 2022 - 4,308 975 473 5,756
Charge for year - 786 11,580 475 12,841
At 31 July 2023 - 5,094 12,555 948 18,597
NET BOOK VALUE
At 31 July 2023 10,000 4,457 65,616 1,422 81,495
At 31 July 2022 - 3,777 5,525 1,422 10,724

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 21,305 975
Prepayments 1,790 -
23,095 975

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Directors' current accounts 256,185 68,033
Accrued expenses 1,400 1,400
257,585 69,433

8. CALLED UP SHARE CAPITAL

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

VALLEYWOOD MANAGEMENT LTD (REGISTERED NUMBER: 08152737)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JULY 2023

9. RESERVES
Retained
earnings
£   

At 1 August 2022 (57,650 )
Deficit for the year (95,326 )
At 31 July 2023 (152,976 )

10. RELATED PARTY DISCLOSURES

An amount of £256,185 for 2023 (£68,033 for 2022) is due to Miss R Maroo. This amount is interest free and repayable on demand.

11. ULTIMATE CONTROLLING PARTY

The controlling party is Miss R Maroo.

VALLEYWOOD MANAGEMENT LTD

Report of the Accountants to the Director of
Valleywood Management Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 July 2023 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Hayvenhursts
Fairway House
Links Business Park
St Mellons
Cardiff
CF3 0LT


24 April 2024