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Company Registration No. 14137031 (England and Wales)
Vale House Southport Limited Unaudited accounts for the year ended 31 May 2024
Vale House Southport Limited Unaudited accounts Contents
Page
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Vale House Southport Limited Company Information for the year ended 31 May 2024
Directors
M H Richardson R M Richardson
Company Number
14137031 (England and Wales)
Registered Office
203 West Street Fareham Hampshire PO16 0EN United Kingdom
Accountants
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN
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Vale House Southport Limited Accountants' report
Accountants' report to the board of directors of Vale House Southport Limited on the preparation of the unaudited statutory accounts for the year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Vale House Southport Limited for the year ended 31 May 2024 as set out on pages 5 - 6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Vale House Southport Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Vale House Southport Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Vale House Southport Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Vale House Southport Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Vale House Southport Limited. You consider that Vale House Southport Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Vale House Southport Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN 20 July 2024
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Vale House Southport Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
- 
9,673 
Creditors: amounts falling due within one year
(4,623)
(2,468)
Net current (liabilities)/assets
(4,623)
7,205 
Net (liabilities)/assets
(4,623)
7,205 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(4,723)
7,105 
Shareholders' funds
(4,623)
7,205 
For the year ending 31 May 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 July 2024 and were signed on its behalf by
M H Richardson Director Company Registration No. 14137031
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Vale House Southport Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Vale House Southport Limited is a private company, limited by shares, registered in England and Wales, registration number 14137031. The registered office is 203 West Street, Fareham, Hampshire, PO16 0EN, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
3,235 
- 
Taxes and social security
- 
1,667 
Loans from directors
1,288 
664 
Accruals
100 
137 
4,623 
2,468 
5
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
6
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
M H Richardson
Directors Loan Account
(332)
(312)
- 
(644)
R M Richardson
Directors Loan Account
(332)
(312)
- 
(644)
(664)
(624)
- 
(1,288)
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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