IRIS Accounts Production v24.3.2.46 04739021 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh047390212023-04-30047390212024-04-30047390212023-05-012024-04-30047390212022-04-30047390212022-05-012023-04-30047390212023-04-3004739021ns15:EnglandWales2023-05-012024-04-3004739021ns14:PoundSterling2023-05-012024-04-3004739021ns10:Director12023-05-012024-04-3004739021ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3004739021ns10:SmallEntities2023-05-012024-04-3004739021ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3004739021ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3004739021ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3004739021ns10:AbridgedAccounts2023-05-012024-04-300473902112023-05-012024-04-3004739021ns10:OrdinaryShareClass12023-05-012024-04-3004739021ns10:Director32023-05-012024-04-3004739021ns10:RegisteredOffice2023-05-012024-04-3004739021ns5:CurrentFinancialInstruments2024-04-3004739021ns5:CurrentFinancialInstruments2023-04-3004739021ns5:Non-currentFinancialInstruments2024-04-3004739021ns5:Non-currentFinancialInstruments2023-04-3004739021ns5:ShareCapital2024-04-3004739021ns5:ShareCapital2023-04-3004739021ns5:SharePremium2024-04-3004739021ns5:SharePremium2023-04-3004739021ns5:RetainedEarningsAccumulatedLosses2024-04-3004739021ns5:RetainedEarningsAccumulatedLosses2023-04-3004739021ns5:NetGoodwill2023-05-012024-04-3004739021ns5:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3004739021ns5:PlantMachinery2023-05-012024-04-3004739021ns5:FurnitureFittings2023-05-012024-04-3004739021ns5:MotorVehicles2023-05-012024-04-3004739021ns10:OrdinaryShareClass12024-04-30
REGISTERED NUMBER: 04739021 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

VALIDUS SERVICES LIMITED

VALIDUS SERVICES LIMITED (REGISTERED NUMBER: 04739021)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


VALIDUS SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: J Brennan
A Woodier





REGISTERED OFFICE: Unit 15 Tanning Court
Howley
Warrington
Cheshire
WA1 2HF





REGISTERED NUMBER: 04739021 (England and Wales)





ACCOUNTANTS: Mattocks Grindley
18 Mulberry Avenue
Turnstone Park
Widnes
Cheshire
WA8 0WN

VALIDUS SERVICES LIMITED (REGISTERED NUMBER: 04739021)

ABRIDGED BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 8,700
Tangible assets 5 16,689 23,399
16,689 32,099

CURRENT ASSETS
Stocks 550 550
Debtors 2,704 3,659
Cash at bank and in hand 4,140 3,962
7,394 8,171
CREDITORS
Amounts falling due within one year 36,060 43,704
NET CURRENT LIABILITIES (28,666 ) (35,533 )
TOTAL ASSETS LESS CURRENT LIABILITIES (11,977 ) (3,434 )

CREDITORS
Amounts falling due after more than one
year

(13,301

)

(21,736

)

PROVISIONS FOR LIABILITIES (3,170 ) (4,435 )
NET LIABILITIES (28,448 ) (29,605 )

CAPITAL AND RESERVES
Called up share capital 6 810 810
Share premium 81,709 81,709
Retained earnings (110,967 ) (112,124 )
SHAREHOLDERS' FUNDS (28,448 ) (29,605 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

VALIDUS SERVICES LIMITED (REGISTERED NUMBER: 04739021)

ABRIDGED BALANCE SHEET - continued
30 APRIL 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 January 2025 and were signed on its behalf by:





J Brennan - Director


VALIDUS SERVICES LIMITED (REGISTERED NUMBER: 04739021)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Validus Services Limited is a private company, limited by shares , registered in England and Wales. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.


VALIDUS SERVICES LIMITED (REGISTERED NUMBER: 04739021)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern
There was a net deficiency of assets of £28,448 at the balance sheet date, however the directors have confirmed continued support and consider the company retains sufficient working capital to continue trading for the foreseeable future.

The directors have confirmed the company won't repay the monies due to themselves until the company is in a position to do so.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2023
and 30 April 2024 156,000
AMORTISATION
At 1 May 2023 147,300
Amortisation for year 8,700
At 30 April 2024 156,000
NET BOOK VALUE

At 30 April 2024 -
At 30 April 2023 8,700

VALIDUS SERVICES LIMITED (REGISTERED NUMBER: 04739021)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2023 98,480
Additions 673
Disposals (15,305 )
At 30 April 2024 83,848
DEPRECIATION
At 1 May 2023 75,081
Charge for year 5,338
Eliminated on disposal (13,260 )
At 30 April 2024 67,159
NET BOOK VALUE
At 30 April 2024 16,689
At 30 April 2023 23,399

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
810 Ordinary £1 810 810