Company Registration No. 07856863 (England and Wales)
Valuemaxess Limited
Unaudited accounts
for the year ended 30 November 2024
Valuemaxess Limited
Unaudited accounts
Contents
Valuemaxess Limited
Company Information
for the year ended 30 November 2024
Company Number
07856863 (England and Wales)
Registered Office
20F10, Mereside Alderley Park
Macclesfield
SK10 4TG
Accountants
Kate Brown
The Annexe, Rectory Farm
Cranford Road
Great Addington, Kettering
Northants
NN14 4BQ
Valuemaxess Limited
Statement of financial position
as at 30 November 2024
Cash at bank and in hand
(6,712)
527
Creditors: amounts falling due within one year
6,549
(982)
Net current assets
510
314
Called up share capital
1
1
Profit and loss account
509
313
Shareholders' funds
510
314
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 15 January 2025 and were signed on its behalf by
A Guhl
Director
Company Registration No. 07856863
Valuemaxess Limited
Notes to the Accounts
for the year ended 30 November 2024
Valuemaxess Limited is a private company, limited by shares, registered in England and Wales, registration number 07856863. The registered office is 20F10, Mereside Alderley Park , Macclesfield , SK10 4TG .
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
25% straight line
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Valuemaxess Limited
Notes to the Accounts
for the year ended 30 November 2024
4
Tangible fixed assets
Motor vehicles
At 30 November 2024
19,995
At 30 November 2024
19,995
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
1,000
1,000
Taxes and social security
2,497
21,984
Loans from directors
(10,436)
(22,372)
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).