VALUE PRIME LIMITED

Company Registration Number:
10879696 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

VALUE PRIME LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 10

VALUE PRIME LIMITED

Company Information

for the Period Ended 31 July 2023




Director: Salman Ahmed
Lubna Ahmed
Registered office: 109
Grove Avenue
London
GBR
W7 3EX
Company Registration Number: 10879696 (England and Wales)

VALUE PRIME LIMITED

Balance sheet

As at 31 July 2023


Notes

2023
£

2022
£
Fixed assets
Total fixed assets: - -
Current assets
Debtors: 5 8,316 3,727
Cash at bank and in hand: 42,822 60,283
Total current assets: 51,138 64,010
Creditors: amounts falling due within one year: 6 ( 1,485 )
Net current assets (liabilities): 49,653 64,010
Total assets less current liabilities: 49,653 64,010
Creditors: amounts falling due after more than one year: 7 ( 14,300 ) ( 21,457 )
Total net assets (liabilities): 35,353 42,553

The notes form part of these financial statements

VALUE PRIME LIMITED

Balance sheet continued

As at 31 July 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 35,352 42,552
Shareholders funds: 35,353 42,553

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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 31 July 2024
And Signed On Behalf Of The Board By:

Name: Salman Ahmed
Status: Director

Name: Lubna Ahmed
Status: Director

The notes form part of these financial statements

VALUE PRIME LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The sales are the services provided to customers, exclude VAT.

VALUE PRIME LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 3 3

VALUE PRIME LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 3. Off balance sheet disclosure

    No

VALUE PRIME LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Dividends


2023
£

2022
£
Dividends paid 4,000 4,000

VALUE PRIME LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Debtors


2023
£

2022
£
Prepayments and accrued income 537 111
Other debtors 7,779 3,616
Total 8,316 3,727

VALUE PRIME LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 1,485
Total 1,485

VALUE PRIME LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 14,300 21,457
Total 14,300 21,457