2023-03-01 2024-02-29 false Capium Accounts Production 1.1 3516300 bus:AbridgedAccounts 2023-03-01 2024-02-29 3516300 bus:FRS102 2023-03-01 2024-02-29 3516300 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 3516300 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 3516300 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 3516300 2023-03-01 2024-02-29 3516300 2024-02-29 3516300 bus:RegisteredOffice 2023-03-01 2024-02-29 3516300 core:WithinOneYear 2024-02-29 3516300 core:AfterOneYear 2024-02-29 3516300 bus:Director1 2023-03-01 2024-02-29 3516300 bus:Director1 2024-02-29 3516300 bus:Director1 2022-03-01 2023-02-28 3516300 bus:Director2 2023-03-01 2024-02-29 3516300 bus:Director2 2024-02-29 3516300 bus:Director2 2022-03-01 2023-02-28 3516300 2022-03-01 3516300 bus:CompanySecretary1 2023-03-01 2024-02-29 3516300 bus:LeadAgentIfApplicable 2023-03-01 2024-02-29 3516300 2022-03-01 2023-02-28 3516300 2023-02-28 3516300 core:WithinOneYear 2023-02-28 3516300 core:AfterOneYear 2023-02-28 3516300 bus:EntityAccountantsOrAuditors 2022-03-01 2023-02-28 3516300 bus:OrdinaryShareClass1 2023-03-01 2024-02-29 3516300 bus:OrdinaryShareClass1 2024-02-29 3516300 bus:OrdinaryShareClass1 2022-03-01 2023-02-28 3516300 bus:OrdinaryShareClass1 2023-02-28 3516300 bus:OrdinaryShareClass2 2023-03-01 2024-02-29 3516300 bus:OrdinaryShareClass2 2024-02-29 3516300 bus:OrdinaryShareClass2 2022-03-01 2023-02-28 3516300 bus:OrdinaryShareClass2 2023-02-28 3516300 bus:OrdinaryShareClass3 2023-03-01 2024-02-29 3516300 bus:OrdinaryShareClass3 2024-02-29 3516300 bus:OrdinaryShareClass3 2022-03-01 2023-02-28 3516300 bus:OrdinaryShareClass3 2023-02-28 3516300 core:PlantMachinery 2023-03-01 2024-02-29 3516300 core:PlantMachinery 2024-02-29 3516300 core:PlantMachinery 2023-02-28 3516300 core:MotorCars 2023-03-01 2024-02-29 3516300 core:MotorCars 2024-02-29 3516300 core:MotorCars 2023-02-28 3516300 core:FurnitureFittings 2023-03-01 2024-02-29 3516300 core:FurnitureFittings 2024-02-29 3516300 core:FurnitureFittings 2023-02-28 3516300 core:ComputerEquipment 2023-03-01 2024-02-29 3516300 core:ComputerEquipment 2024-02-29 3516300 core:ComputerEquipment 2023-02-28 3516300 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-02-29 3516300 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-02-28 3516300 core:CostValuation core:Non-currentFinancialInstruments 2024-02-29 3516300 core:CostValuation core:Non-currentFinancialInstruments 2023-02-28 3516300 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-02-29 3516300 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-02-29 3516300 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-02-29 3516300 core:Non-currentFinancialInstruments 2024-02-29 3516300 core:Non-currentFinancialInstruments 2023-02-28 3516300 core:ShareCapital 2024-02-29 3516300 core:ShareCapital 2023-02-28 3516300 core:RetainedEarningsAccumulatedLosses 2024-02-29 3516300 core:RetainedEarningsAccumulatedLosses 2023-02-28 3516300 dpl:Item1 2023-03-01 3516300 dpl:Item1 2024-02-29 3516300 dpl:Item1 2022-03-01 3516300 dpl:Item1 2023-02-28 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 3516300
England and Wales

 

 

 

APPLIED VALUE LTD


Abridged Accounts
 


Period of accounts

Start date: 01 March 2023

End date: 29 February 2024
Report to the directors on the preparation of the unaudited statutory accounts of Applied Value Ltd for the year ended 29 February 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Applied Value Ltd for the year ended 29 February 2024 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/
This report is made solely to the Board of Directors of Applied Value Ltd, as a body, in accordance with the terms of our engagement letter dated Our work has been undertaken solely to prepare for your approval the accounts of Applied Value Ltd and state those matters that we have agreed to state to the Board of Directors of Applied Value Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Applied Value Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Applied Value Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Applied Value Ltd. You consider that Applied Value Ltd is exempt from the statutory audit requirement for the year
We have not been instructed to carry out an audit or a review of the accounts of Applied Value Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.



....................................................
Potter and Co Accountants Ltd
27 Doubleday Road
Loughton
Essex
IG10 2AU
28 August 2024
1
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 42,345    57,966 
Investments 4 5,676    5,676 
48,021    63,642 
Current assets      
Debtors 1,362    365 
Cash at bank and in hand 198,475    221,837 
199,837    222,202 
Creditors: amount falling due within one year (3,713)   (17,836)
Net current assets 196,124    204,366 
 
Total assets less current liabilities 244,145    268,008 
Net assets 244,145    268,008 
 

Capital and reserves
     
Called up share capital 5 151    151 
Profit and loss account 243,994    267,857 
Shareholders' funds 244,145    268,008 
 


For the year ended 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 28 August 2024 and were signed on its behalf by:


-------------------------------
Stephen Rawlinson
Director
2
General Information
Applied Value Ltd is a private company, limited by shares, registered in England and Wales, registration number 3516300, registration address Surrey House, 47 Chadwick Place, Long Ditton, Surrey, KT6 5RZ.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 25% Straight Line
Motor Vehicles 25% Straight Line
Fixtures and Fittings 25% Straight Line
Computer Equipment 25% Straight Line
Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.
2.

Average number of employees

Average number of employees during the year was 1 (2023 : 1).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Motor Vehicles   Fixtures and Fittings   Computer Equipment   Total
  £   £   £   £   £
At 01 March 2023 590    57,090    13,429    6,922    78,031 
Additions     117      117 
Disposals        
At 29 February 2024 590    57,090    13,546    6,922    78,148 
Depreciation
At 01 March 2023 148    2,379    11,388    6,150    20,065 
Charge for year 147    13,678    1,141    772    15,738 
On disposals        
At 29 February 2024 295    16,057    12,529    6,922    35,803 
Net book values
Closing balance as at 29 February 2024 295    41,033    1,017      42,345 
Opening balance as at 01 March 2023 442    54,711    2,041    772    57,966 


4.

Investments

Cost Other investments other than loans   Total
  £   £
At 01 March 2023 5,676    5,676 
Additions  
Transfer to/from tangible fixed assets  
Disposals  
At 29 February 2024 5,676    5,676 

5.

Share Capital

Allotted, called up and fully paid
2024
£
  2023
£
1 Ordinary share of £1.00 each  
50 Ordinary A shares of £1.00 each 50    50 
100 Ordinary B shares of £1.00 each 100    100 
151    151 

3