IRIS Accounts Production v24.3.0.553 05812277 director 1.6.23 31.5.24 31.5.24 0 false true false false true false Ordinary 1.00000 Ordinary A 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh058122772023-05-31058122772024-05-31058122772023-06-012024-05-31058122772022-05-31058122772022-06-012023-05-31058122772023-05-3105812277ns15:EnglandWales2023-06-012024-05-3105812277ns14:PoundSterling2023-06-012024-05-3105812277ns10:Director12023-06-012024-05-3105812277ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3105812277ns10:SmallEntities2023-06-012024-05-3105812277ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3105812277ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3105812277ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3105812277ns10:FullAccounts2023-06-012024-05-3105812277ns10:OrdinaryShareClass12023-06-012024-05-3105812277ns10:OrdinaryShareClass22023-06-012024-05-3105812277ns10:RegisteredOffice2023-06-012024-05-3105812277ns5:CurrentFinancialInstruments2024-05-3105812277ns5:CurrentFinancialInstruments2023-05-3105812277ns5:ShareCapital2024-05-3105812277ns5:ShareCapital2023-05-3105812277ns5:RetainedEarningsAccumulatedLosses2024-05-3105812277ns5:RetainedEarningsAccumulatedLosses2023-05-3105812277ns5:LeaseholdImprovements2023-06-012024-05-3105812277ns5:FurnitureFittings2023-06-012024-05-3105812277ns5:ComputerEquipment2023-06-012024-05-3105812277ns5:LeaseholdImprovements2023-05-3105812277ns5:FurnitureFittings2023-05-3105812277ns5:ComputerEquipment2023-05-3105812277ns5:LeaseholdImprovements2024-05-3105812277ns5:FurnitureFittings2024-05-3105812277ns5:ComputerEquipment2024-05-3105812277ns5:LeaseholdImprovements2023-05-3105812277ns5:FurnitureFittings2023-05-3105812277ns5:ComputerEquipment2023-05-3105812277ns5:DeferredTaxation2023-05-3105812277ns5:DeferredTaxation2023-06-012024-05-3105812277ns5:DeferredTaxation2024-05-3105812277ns10:OrdinaryShareClass12024-05-3105812277ns10:OrdinaryShareClass22024-05-31
REGISTERED NUMBER: 05812277 (England and Wales)















Surevale Limited

Unaudited Financial Statements

for the Year Ended 31st May 2024






Surevale Limited (Registered number: 05812277)






Contents of the Financial Statements
for the year ended 31st May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


Surevale Limited

Company Information
for the year ended 31st May 2024







DIRECTOR: Mrs L E Griffiths





REGISTERED OFFICE: 26 Meshaw Crescent
Abington Vale
Northampton
Northamptonshire
NN3 3NF





REGISTERED NUMBER: 05812277 (England and Wales)





ACCOUNTANTS: Cheney & Co
310 Wellingborough Road
Northampton
NN1 4EP

Surevale Limited (Registered number: 05812277)

Balance Sheet
31st May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 926 961

CURRENT ASSETS
Cash at bank 4,041 11,168

CREDITORS
Amounts falling due within one year 6 4,844 11,471
NET CURRENT LIABILITIES (803 ) (303 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

123

658

PROVISIONS FOR LIABILITIES 7 22 59
NET ASSETS 101 599

CAPITAL AND RESERVES
Called up share capital 8 101 101
Retained earnings - 498
SHAREHOLDERS' FUNDS 101 599

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10th January 2025 and were signed by:





Mrs L E Griffiths - Director


Surevale Limited (Registered number: 05812277)

Notes to the Financial Statements
for the year ended 31st May 2024

1. STATUTORY INFORMATION

Surevale 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The significant accounting policies applied in the preparation of these financial statements are set out below. these policies have been consistently applied to all years presented unless otherwise stated.

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

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

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.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 1 ).

Surevale Limited (Registered number: 05812277)

Notes to the Financial Statements - continued
for the year ended 31st May 2024

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1st June 2023 3,790 6,682 2,922 13,394
Additions - - 272 272
At 31st May 2024 3,790 6,682 3,194 13,666
DEPRECIATION
At 1st June 2023 3,505 6,613 2,315 12,433
Charge for year 71 17 219 307
At 31st May 2024 3,576 6,630 2,534 12,740
NET BOOK VALUE
At 31st May 2024 214 52 660 926
At 31st May 2023 285 69 607 961

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 13 -
Other creditors 4,831 11,471
4,844 11,471

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 22 59

Deferred
tax
£   
Balance at 1st June 2023 59
Credit to Income Statement during year (37 )
Balance at 31st May 2024 22

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1
100 Ordinary A £1 100 100
101 101

9. CONTINGENT LIABILITIES

There were no contingent liabilities as at 31st May 2024 or 31st May 2023.

10. CAPITAL COMMITMENTS

There were no capital commitments as at 31st May 2024 or 31st May 2023.