Caseware UK (AP4) 2023.0.135 2023.0.135 falsetrue2023-01-0111false 13386856 2023-01-01 2023-12-31 13386856 2022-01-01 2022-12-31 13386856 2023-12-31 13386856 2022-12-31 13386856 c:Director1 2023-01-01 2023-12-31 13386856 d:CurrentFinancialInstruments 2023-12-31 13386856 d:CurrentFinancialInstruments 2022-12-31 13386856 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13386856 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 13386856 d:ShareCapital 2023-12-31 13386856 d:ShareCapital 2022-12-31 13386856 d:RetainedEarningsAccumulatedLosses 2023-12-31 13386856 d:RetainedEarningsAccumulatedLosses 2022-12-31 13386856 c:FRS102 2023-01-01 2023-12-31 13386856 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13386856 c:FullAccounts 2023-01-01 2023-12-31 13386856 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13386856 d:EntityControlledByKeyManagementPersonnel1 2023-01-01 2023-12-31 13386856 d:EntityControlledByKeyManagementPersonnel1 2023-12-31 13386856 d:EntityControlledByKeyManagementPersonnel1 2022-12-31 13386856 d:EntityControlledByKeyManagementPersonnel2 2023-01-01 2023-12-31 13386856 d:EntityControlledByKeyManagementPersonnel2 2023-12-31 13386856 d:EntityControlledByKeyManagementPersonnel2 2022-12-31 iso4217:GBP xbrli:pure


















Valleo Holdings Limited
























Unaudited financial statements



for the year ended 31 December 2023



Registered number: 13386856

 
Valleo Holdings Limited - Registered number: 13386856

Balance sheet
As at 31 December 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 5 
53,620
53,620

Current assets
  

Cash at bank and in hand
 7 
50
280

  
50
280

Creditors: amounts falling due within one year
 8 
(65,490)
(59,840)

Net current liabilities
  
 
 
(65,440)
 
 
(59,560)

  

Net liabilities
  
(11,820)
(5,940)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(11,821)
(5,941)

  
(11,820)
(5,940)


The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the director and were signed by:




................................................
A Denstaedt
Director

Date: 2 August 2024

The notes on pages 3 to 5 form part of these financial statements.
Page 1

 
Valleo Holdings Limited - Registered number: 13386856

Balance sheet (continued)
As at 31 December 2023


Page 2

 
Valleo Holdings Limited

 
Notes to the financial statements
for the year ended 31 December 2023

1.


General information

Valleo Holdings Limited is a private limited company by shares and incorporated in the England and Wales. The
address of the registered office is C/O Buzzacott LLP, 130 Wood Street, London, EC2V 6DL and its principal place of business is One Great Cumberland Place, London, W1H 7AL.

2.Significant accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The financial statements are presented in Pound Sterling (£), which is also the functional currency.
The following principal accounting policies have been applied consistently throughout the year.

  
2.2

Going concern

After reviewing the forecasts and projections the directors have reasonable expectations that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

  
2.3

Administrative expenses

All expenses have been accounted for on an accruals basis.

  
2.4

Taxation

The current tax payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because it excluded items that are never taxable or deductible. The company's current tax liability is calculated using rates that have been enacted or substantively enacted by the balance sheet date.

  
2.5

Deferred taxation

Deferred tax is provided in full on timing differences which result in an obligation at the balance sheet date to
pay more tax, or a right to pay less tax, at a future date, at rates expected to apply when they crystallise
based on current tax rate and law. Timing differences arise from the inclusion of items of income and
expenditure in taxation computations in periods different from those in which they are included in financial
statements.
Deferred tax assets are recognised to the extent that it is regarded as more likely than not that they will be
recovered. Deferred tax assets and liabilities are not discounted.

  
2.6

Investments

Investments in subsidiaries are measured at cost less provision for impairment.

 
2.7

Debtors

Short term debtors are measured at transaction price less any impairment.

Page 3

 
Valleo Holdings Limited

Notes to the financial statements
for the year ended 31 December 2023

2.Significant accounting policies (continued)

 
2.8

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities are measured initially at
fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective
interest method.

 
2.9

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans to related parties.


3.


Judgments in applying accounting policies and key sources of estimation uncertainty

In the application of the companies accounting policies, which are described in note 2, the directors are required to
make judgments, estimates and assumptions which affect the amounts reported for assets and liabilities as at the
year-end date and amounts reported for revenues and expenses during the year. The estimates and associated
assumptions are based on historical experience and other factors that are considered to be relevant. However, the
nature of estimation means that actual outcomes could differ from those estimates.
There were no significant estimates or judgements made in the year.


4.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


5.


Fixed asset investments





Investments in subsidiary

£



Cost or valuation


At 1 January 2023
53,620



At 31 December 2023
53,620





6.


Debtors

Page 4

 
Valleo Holdings Limited

 
Notes to the financial statements
for the year ended 31 December 2023

7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
50
280

50
280



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
900
900

Other creditors
60,930
56,720

Accruals
3,660
2,220

65,490
59,840



9.


Related party transactions

During the year, A Denstaedt introduced a working capital loan of £250 (2022 - £52,001) into the company. As at 31 December 2023 the balance outstanding and due to A Denstaedt was £55,050 (2022 - £54,800).
During the year, Eicos Investment Group Limited settled various administrative expenses totally £3,960 (2022 - £2,120) on behalf of the company. As at 31 December 2023 the balance outstanding and due to Eicos Investment Group Limited was £5,880 (2022 - £1,920).
Eicos Investment Group Limited is considered to be a related party as it is an associate of the company.

Page 5