Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activityfalsetrue2022-12-0111truefalse 07443011 2022-12-01 2023-11-30 07443011 2021-12-01 2022-11-30 07443011 2023-11-30 07443011 2022-11-30 07443011 c:Director1 2022-12-01 2023-11-30 07443011 d:CurrentFinancialInstruments 2023-11-30 07443011 d:CurrentFinancialInstruments 2022-11-30 07443011 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 07443011 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 07443011 d:ShareCapital 2023-11-30 07443011 d:ShareCapital 2022-11-30 07443011 d:RetainedEarningsAccumulatedLosses 2023-11-30 07443011 d:RetainedEarningsAccumulatedLosses 2022-11-30 07443011 c:FRS102 2022-12-01 2023-11-30 07443011 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 07443011 c:FullAccounts 2022-12-01 2023-11-30 07443011 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 07443011 2 2022-12-01 2023-11-30 07443011 e:PoundSterling 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Registered number: 07443011









VALLEYSOUND LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2023

 
VALLEYSOUND LTD
REGISTERED NUMBER: 07443011

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
-
1,077

Current asset investments
 5 
281,600
272,800

Cash at bank and in hand
 6 
873
957

  
282,473
274,834

Creditors: amounts falling due within one year
 7 
(50,932)
(47,154)

Net current assets
  
 
 
231,541
 
 
227,680

Total assets less current liabilities
  
231,541
227,680

  

Net assets
  
231,541
227,680


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
231,540
227,679

  
231,541
227,680


Page 1

 
VALLEYSOUND LTD
REGISTERED NUMBER: 07443011
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2023

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 statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




D B Tawil
Director

Date: 29 November 2024

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
VALLEYSOUND LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

Valleysound Limited is a private company limited by shares and incorporated in England and Wales (registered number 07443011). Its registered office is 101 New Cavendish Street, 1st Floor South, London W1W 6XH.
The financial statements are presented in Sterling, which is the functional currency of the Company.

2.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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.5

Creditors

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


3.


Employees

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

Page 3

 
VALLEYSOUND LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

4.


Debtors

2023
2022
£
£


Other debtors
-
1,077

-
1,077



5.


Current asset investments

2023
2022
£
£

Other investments
281,600
272,800

281,600
272,800



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
873
957

873
957



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
600
600

Other creditors
48,432
43,054

Accruals and deferred income
1,900
3,500

50,932
47,154


 
Page 4