1 March 2023 false No description of principal activity Taxfiler 2024.6 10651296business:PrivateLimitedCompanyLtd2023-03-012024-02-29 106512962023-02-28 106512962023-03-012024-02-29 10651296business:AuditExemptWithAccountantsReport2023-03-012024-02-29 10651296business:FilletedAccounts2023-03-012024-02-29 106512962024-02-29 10651296business:Director12023-03-012024-02-29 10651296business:RegisteredOffice2023-03-012024-02-29 106512962023-02-28 10651296core:WithinOneYear2024-02-29 10651296core:WithinOneYear2023-02-28 10651296core:AfterOneYear2024-02-29 10651296core:AfterOneYear2023-02-28 10651296core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 10651296core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 10651296core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 10651296core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 10651296core:PreviouslyStatedAmount2024-02-29 10651296core:PreviouslyStatedAmount2023-02-28 10651296business:SmallEntities2023-03-012024-02-29 10651296countries:EnglandWales2023-03-012024-02-29 10651296core:PlantMachinery2023-03-012024-02-29 10651296core:LandBuildings2023-02-28 10651296core:PlantMachinery2023-02-28 10651296core:LandBuildings2024-02-29 10651296core:PlantMachinery2024-02-29 10651296core:LandBuildings2023-03-012024-02-29 106512962022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 10651296 (England and Wales)
VALLANCE SWEETS LTD Unaudited accounts for the year ended 29 February 2024
VALLANCE SWEETS LTD Unaudited accounts Contents
Page
- 2 -
VALLANCE SWEETS LTD Company Information for the year ended 29 February 2024
Director
MD SAIF UDDIN
Company Number
10651296 (England and Wales)
Registered Office
26 VALLANCE ROAD LONDON E1 5HR UNITED KINGDOM
Accountants
RK ACCOUNTANTS LTD HALL 1 THE WHITECHAPEL CENTRE 85 MYRDLE STREET LONDON E1 1HL
- 3 -
VALLANCE SWEETS LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,377 
11,810 
Current assets
Inventories
8,306 
6,147 
Cash at bank and in hand
4,870 
17,520 
13,176 
23,667 
Creditors: amounts falling due within one year
(4,196)
(7,159)
Net current assets
8,980 
16,508 
Total assets less current liabilities
20,357 
28,318 
Creditors: amounts falling due after more than one year
(44,862)
(34,787)
Net liabilities
(24,505)
(6,469)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(24,506)
(6,470)
Shareholders' funds
(24,505)
(6,469)
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 November 2024 and were signed on its behalf by
MD SAIF UDDIN Director Company Registration No. 10651296
- 4 -
VALLANCE SWEETS LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
VALLANCE SWEETS LTD is a private company, limited by shares, registered in England and Wales, registration number 10651296. The registered office is 26 VALLANCE ROAD, LONDON, E1 5HR, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15%
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
8,925 
4,904 
13,829 
At 29 February 2024
8,925 
4,904 
13,829 
Depreciation
At 1 March 2023
- 
2,019 
2,019 
Charge for the year
- 
433 
433 
At 29 February 2024
- 
2,452 
2,452 
Net book value
At 29 February 2024
8,925 
2,452 
11,377 
At 28 February 2023
8,925 
2,885 
11,810 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
242 
- 
Taxes and social security
354 
354 
Accruals
3,600 
6,805 
4,196 
7,159 
- 5 -
VALLANCE SWEETS LTD Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
26,856 
28,888 
Loans from directors
18,006 
5,899 
44,862 
34,787 
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).
- 6 -