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REGISTERED NUMBER: 06016681













Unaudited Financial Statements

for the Year Ended 31 December 2023

for

The Validation Company Europe Limited

The Validation Company Europe Limited (Registered number: 06016681)






Contents of the Financial Statements
for the year ended 31 December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


The Validation Company Europe Limited

Company Information
for the year ended 31 December 2023







DIRECTOR: R S Ibbotson





SECRETARY: S Ibbotson





REGISTERED OFFICE: 5 Monument Court
Nevilles Cross
County Durham
DH1 4PD





REGISTERED NUMBER: 06016681





ACCOUNTANTS: TTR Barnes Limited
Chartered Accountants
3-5 Grange Terrace
Stockton Road
Sunderland
Tyne & Wear
SR2 7DG

The Validation Company Europe Limited (Registered number: 06016681)

Statement of Financial Position
31 December 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 49,342 74,331
Cash at bank 22,861 32,637
72,203 106,968
CREDITORS
Amounts falling due within one year 5 1,164 1,080
NET CURRENT ASSETS 71,039 105,888
TOTAL ASSETS LESS CURRENT
LIABILITIES

71,039

105,888

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 71,038 105,887
SHAREHOLDERS' FUNDS 71,039 105,888

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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 29 August 2024 and were signed by:





R S Ibbotson - Director


The Validation Company Europe Limited (Registered number: 06016681)

Notes to the Financial Statements
for the year ended 31 December 2023

1. STATUTORY INFORMATION

The Validation Company Europe Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are recognised at transaction value and subsequently measured at their settlement value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Other debtors 27,387 52,376

The Validation Company Europe Limited (Registered number: 06016681)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

4. DEBTORS - continued
2023 2022
£    £   
Amounts falling due after more than one year:
Other debtors 21,955 21,955

Aggregate amounts 49,342 74,331

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 1,164 1,080

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
R S Ibbotson
Balance outstanding at start of year 52,376 65,510
Amounts advanced 10,011 25,769
Amounts repaid (35,000 ) (38,903 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 27,387 52,376