Valeamus Limited
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Company registration number 13019226
Date
Approval date of the accounts by the board 15/01/2025
Date
Date of signing on the audit/accountants report 27/01/2025
Date of engagement letter (required for Date
CA and ACCA reports) 15/06/2021
Person signing directors' report:
Name of director S Marshall
Or, name of secretary
Name of director signing balance sheet S Marshall
Address of registered office:
Address line 1 Cavendish House
Address line 2 St Andrews Court
City or town Leeds
County or region
Postcode LS3 1JY
Name of senior statutory auditor
Name of auditors/accountants andon frères
Type of firm (eg Chartered Accountants) Chartered Accountants
Address of auditors/accountants
Address line 1 Cavendish House
Address line 2 St Andrews Court
City or town Leeds
County or region
Postcode LS3 1JY
Prior year adjustments (+ for a gain; - for a loss) £
Correction of prior year errors
Effect of retrospective changes in accounting policies
More info on prior year adjustments
Number Number
Average number of persons employed by the company 0.00 -
Freehold land & buildings if
revalued amounts shown in trial balance: £ £
historical cost
cumulative depreciation based on cost
Historical cost of fixed asset investments £ £
Investments in subsidiaries
Other investments
£ £
Amounts due after more than one year included in debtors
Amounts included in creditors falling due for payment
after more than five years: £ £
Payable otherwise than by installment
Payable by installment
£ £
Secured bank loans included in creditors
Capital commitments: £ £
contracted
Total future payments due under non-cancellable £ £
operating leases
Registered number
13019226
Valeamus Limited
Unaudited Filleted Accounts
30 November 2024
Valeamus Limited
Registered number: 13019226
Balance Sheet
as at 30 November 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 2 692 459
Current assets
Debtors 3 4,759 1,653
Cash at bank and in hand 17,273 45,410
22,032 47,063
Creditors: amounts falling due within one year 4 (715) (4,556)
Net current assets 21,317 42,507
Net assets 22,009 42,966
Capital and reserves
Allotted called up and fully paid share capital 100 100
Profit and loss account 21,909 42,866
Shareholders' funds 22,009 42,966
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
S Marshall
Director
Approved by the board on 15 January 2025
Valeamus Limited
Notes to the Accounts
for the year ended 30 November 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 2 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 December 2023 2,357
Additions 849
At 30 November 2024 3,206
Depreciation
At 1 December 2023 1,898
Charge for the year 616
At 30 November 2024 2,514
Net book value
At 30 November 2024 692
At 30 November 2023 459
3 Debtors 2024 2023
£ £
Other debtors 4,759 1,653
4 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors - 720
Taxation and social security costs - 3,121
Other creditors 715 715
715 4,556
5 Other information
Valeamus Limited is a private company limited by shares and incorporated in England. Its registered office is:
Cavendish House
St Andrews Court
Leeds
LS3 1JY
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