IRIS Accounts Production v24.1.4.33 04403760 director 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh044037602023-03-31044037602024-03-31044037602023-04-012024-03-31044037602022-03-31044037602022-04-012023-03-31044037602023-03-3104403760ns15:EnglandWales2023-04-012024-03-3104403760ns14:PoundSterling2023-04-012024-03-3104403760ns10:Director12023-04-012024-03-3104403760ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3104403760ns10:SmallEntities2023-04-012024-03-3104403760ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3104403760ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3104403760ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3104403760ns10:FullAccounts2023-04-012024-03-3104403760ns10:OrdinaryShareClass12023-04-012024-03-3104403760ns10:CompanySecretary12023-04-012024-03-3104403760ns10:RegisteredOffice2023-04-012024-03-3104403760ns5:CurrentFinancialInstruments2024-03-3104403760ns5:CurrentFinancialInstruments2023-03-3104403760ns5:ShareCapital2024-03-3104403760ns5:ShareCapital2023-03-3104403760ns5:RetainedEarningsAccumulatedLosses2024-03-3104403760ns5:RetainedEarningsAccumulatedLosses2023-03-3104403760ns5:PlantMachinery2023-04-012024-03-3104403760ns5:FurnitureFittings2023-04-012024-03-3104403760ns5:MotorVehicles2023-04-012024-03-3104403760ns5:ComputerEquipment2023-04-012024-03-3104403760ns5:PlantMachinery2023-03-3104403760ns5:FurnitureFittings2023-03-3104403760ns5:MotorVehicles2023-03-3104403760ns5:ComputerEquipment2023-03-3104403760ns5:PlantMachinery2024-03-3104403760ns5:FurnitureFittings2024-03-3104403760ns5:MotorVehicles2024-03-3104403760ns5:ComputerEquipment2024-03-3104403760ns5:PlantMachinery2023-03-3104403760ns5:FurnitureFittings2023-03-3104403760ns5:MotorVehicles2023-03-3104403760ns5:ComputerEquipment2023-03-3104403760ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3104403760ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3104403760ns10:OrdinaryShareClass12024-03-31
REGISTERED NUMBER: 04403760 (England and Wales)


















David Vale (Engineering) Limited

Unaudited Financial Statements

for the Year Ended 31 March 2024






David Vale (Engineering) Limited (Registered number: 04403760)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


David Vale (Engineering) Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mr. D J Vale





SECRETARY: Mrs I Vale





REGISTERED OFFICE: 606 Delta
Delta Office Park
Welton Road
Swindon
Wiltshire
SN5 7XF





REGISTERED NUMBER: 04403760 (England and Wales)





ACCOUNTANTS: AMS Accountancy Limited
Delta 606
Welton Road
Delta Office Park
Swindon
Wiltshire
SN5 7XF

David Vale (Engineering) Limited (Registered number: 04403760)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 10,533 13,166

CURRENT ASSETS
Stocks 5 3,300 3,580
Debtors 6 8,196 7,736
Cash at bank 368,938 342,440
380,434 353,756
CREDITORS
Amounts falling due within one year 7 (50,112 ) (57,154 )
NET CURRENT ASSETS 330,322 296,602
TOTAL ASSETS LESS CURRENT
LIABILITIES

340,855

309,768

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 340,854 309,767
SHAREHOLDERS' FUNDS 340,855 309,768

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 August 2024 and were signed by:




Mr. D J Vale - Director


David Vale (Engineering) Limited (Registered number: 04403760)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

David Vale (Engineering) Limited 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023
and 31 March 2024 18,756 1,580 324 539 21,199
DEPRECIATION
At 1 April 2023 6,469 1,062 239 263 8,033
Charge for year 2,457 104 17 55 2,633
At 31 March 2024 8,926 1,166 256 318 10,666
NET BOOK VALUE
At 31 March 2024 9,830 414 68 221 10,533
At 31 March 2023 12,287 518 85 276 13,166

David Vale (Engineering) Limited (Registered number: 04403760)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. STOCKS
2024 2023
£    £   
Stocks 3,300 3,580

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 8,195 7,735
Other debtors 1 1
8,196 7,736

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 340 442
Taxation and social security 23,573 17,453
Other creditors 26,199 39,259
50,112 57,154

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1