Company No:
Contents
31.05.2024 | 30.11.2022 | |||
£ | £ | |||
Current assets | ||||
Debtors | 3 |
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Cash at bank and in hand |
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24,448 | 42,890 | |||
Creditors: amounts falling due within one year | 4 | (
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Net current assets | 23,668 | 41,973 | ||
Total assets less current liabilities | 23,668 | 41,973 | ||
Net assets |
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Capital and reserves | ||||
Called-up share capital | 5 |
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Profit and loss account |
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Total shareholders' funds |
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Directors' responsibilities:
The financial statements of Valued FD Limited (registered number:
Mr P H Kelland
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.
Valued FD Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 36 Wellington Walk, Henleaze, Bristol, BS10 5ET, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
In 2024 the directors made the decision that the Company would cease trading. As a result the financial statements have been prepared on a basis other than the going concern basis of preparation. The directors have included in the financial statements any provision for future costs of terminating the business, which were committed to at the balance sheet date and where appropriate the Company's assets have been written down to their net realisable value.
The reporting period length has changed resulting in a longer accounting period. This is due to the company ceasing to trade within the period. Therefore the comparative amounts presented in the financial statements (including the related notes) are not entirely comparable.
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.
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.
Period from 01.12.2022 to 31.05.2024 |
Year ended 30.11.2022 |
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Number | Number | ||
Monthly average number of persons employed by the Company during the period, including directors |
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31.05.2024 | 30.11.2022 | ||
£ | £ | ||
Corporation tax |
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31.05.2024 | 30.11.2022 | ||
£ | £ | ||
Amounts owed to directors |
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Accruals |
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31.05.2024 | 30.11.2022 | ||
£ | £ | ||
Allotted, called-up and fully-paid | |||
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Transactions with the entity's directors
31.05.2024 | 30.11.2022 | ||
£ | £ | ||
Amount owed to directors | 0 | 317 |