Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31false2023-09-15trueNo description of principal activity1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 15141473 2023-09-14 15141473 2023-09-15 2024-03-31 15141473 2022-09-15 2023-09-14 15141473 2024-03-31 15141473 c:Director1 2023-09-15 2024-03-31 15141473 d:CurrentFinancialInstruments 2024-03-31 15141473 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 15141473 d:ShareCapital 2024-03-31 15141473 d:RetainedEarningsAccumulatedLosses 2024-03-31 15141473 c:OrdinaryShareClass1 2023-09-15 2024-03-31 15141473 c:OrdinaryShareClass1 2024-03-31 15141473 c:FRS102 2023-09-15 2024-03-31 15141473 c:AuditExempt-NoAccountantsReport 2023-09-15 2024-03-31 15141473 c:FullAccounts 2023-09-15 2024-03-31 15141473 c:PrivateLimitedCompanyLtd 2023-09-15 2024-03-31 15141473 e:PoundSterling 2023-09-15 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 15141473









VALOREM DONCASTER LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
VALOREM DONCASTER LIMITED
REGISTERED NUMBER: 15141473

BALANCE SHEET
AS AT 31 MARCH 2024

2024
Note
£

  

Current assets
  

Stocks
 4 
2,089,600

Debtors: amounts falling due within one year
 5 
1

  
2,089,601

Creditors: amounts falling due within one year
 6 
(2,095,000)

Net current (liabilities)/assets
  
 
 
(5,399)

Total assets less current liabilities
  
(5,399)

  

Net (liabilities)/assets
  
(5,399)


Capital and reserves
  

Called up share capital 
  
1

Profit and loss account
  
(5,400)

  
(5,399)


Page 1

 
VALOREM DONCASTER LIMITED
REGISTERED NUMBER: 15141473
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




A C S Maxwell-Jones
Director

Date: 31 January 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
VALOREM DONCASTER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

Valorem Doncaster Limited is a private company limited by shares and incorporated in England & Wales (registered number: 15141473). The registered office address of the Company is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.
The Company was incorporated on 15 September 2023 and commenced trading on that date.
The financial statements are presented in GBP, which is the functional currency of the Company. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on the going concern basis. The Company is dependent on the directors and shareholders for financial support, which the directors are confident will continue for a period of at least another 12 months.
The directors and shareholders have indicated their present intention to provide adequate finance to enable the company to continue in operational existence and on this basis the director considers it appropriate to prepare the financial statements on the going concern basis.
The financial statements do not reflect any adjustments that would result from a withdrawal of financial support by the directors and shareholders.

 
2.3

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 3

 
VALOREM DONCASTER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The average monthly number of employees, including directors, during the period was 1.


4.


Stocks

2024
£

Stock
2,089,600

2,089,600



5.


Debtors

2024
£


Other debtors
1

1



6.


Creditors: Amounts falling due within one year

2024
£

Other creditors
203,000

Accruals and deferred income
1,892,000

2,095,000


Page 4

 
VALOREM DONCASTER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

7.


Share capital

2024
£
Allotted, called up and fully paid


1 Ordinary share of £1.00
1


On incorporation, the Company issued 1 Ordinary share of £1 nominal value at par.

 
Page 5