2023-07-01 04772518 2024-06-30 04772518 2023-07-01 2024-06-30 04772518 2023-06-30 04772518 2022-07-01 2023-06-30 04772518 uk-core:WithinOneYear 2023-06-30 04772518 uk-core:WithinOneYear 2024-06-30 04772518 uk-core:AfterOneYear 2023-06-30 04772518 uk-core:AfterOneYear 2024-06-30 04772518 uk-core:ShareCapital 2024-06-30 04772518 uk-core:ShareCapital 2023-06-30 04772518 uk-core:RetainedEarningsAccumulatedLosses 2024-06-30 04772518 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 04772518 uk-bus:Director1 2023-07-01 2024-06-30 04772518 uk-core:PlantMachinery 2023-07-01 2024-06-30 04772518 uk-core:ComputerEquipment 2023-07-01 2024-06-30 04772518 uk-core:MotorVehicles 2023-07-01 2024-06-30 04772518 uk-core:ComputerEquipment 2023-06-30 04772518 uk-core:MotorVehicles 2023-06-30 04772518 uk-core:PlantMachinery 2023-06-30 04772518 uk-core:PlantMachinery 2024-06-30 04772518 uk-core:MotorVehicles 2024-06-30 04772518 uk-core:ComputerEquipment 2024-06-30 04772518 uk-core:WithinOneYear uk-core:Secured 2024-06-30 04772518 uk-core:WithinOneYear uk-core:Secured 2023-06-30 iso4217:GBP xbrli:pure 04772518 uk-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 04772518 uk-bus:FRS102 2023-07-01 2024-06-30 04772518 uk-bus:FilletedAccounts 2023-07-01 2024-06-30 04772518 uk-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30
Valiant Contract Services Ltd.
Registered Number:04772518
For the year ended 30 June 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 June 2024
Valiant Contract Services Ltd.
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
04772518
As at 30 June 2024
Valiant Contract Services Ltd.
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
12,098
16,129
2
12,098
16,129
Current assets
Inventories
450
450
3
Trade and other receivables
10,727
8,673
4
31,537
Cash and cash equivalents
27,581
36,704
42,714
Trade and other payables: amounts falling due within one
year
(21,130)
(17,433)
5
21,584
19,271
Net current assets
Total assets less current liabilities
31,369
37,713
Trade and other payables: amounts falling due after more
than one year
(5,805)
(2,983)
6
28,386
Net assets
31,908
Capital and reserves
Called up share capital
100
100
Retained earnings
28,286
31,808
28,386
31,908
Shareholders' funds
For the year ended 30 June 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 of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr. A.J.R. Jardine Director
These financial statements were approved and authorised for issue by the Board on 24 January 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 June 2024
Valiant Contract Services Ltd.
Notes to the Financial Statements
Statutory Information
Valiant Contract Services Ltd. is a private limited company, limited by shares, domiciled in England and Wales,
registration number 04772518.
Principal place of business:
Unit 11
Douglas Road Industrial Estate
Douglas Road, Kingswood
Bristol
BS15 8PD
Registered address:
33 Hopps Road
Kingswood
Bristol
BS15 9QQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25% Reducing balance
25% Reducing balance
Computer equipment
25% Reducing balance
Motor vehicles
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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5
For the year ended 30 June 2024
Valiant Contract Services Ltd.
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Motor vehicles
Plant and
machinery
£
£
£
£
Cost or
valuation
At 01 July 2023
51,071
192
26,202
24,677
At 30 June 2024
24,677
26,202
192
51,071
Provision for depreciation and impairment
At 01 July 2023
34,942
111
10,958
23,873
Charge for year
4,031
20
3,810
201
At 30 June 2024
38,973
131
14,768
24,074
At 30 June 2024
Net book value
603
11,434
61
12,098
At 30 June 2023
804
15,244
81
16,129
3. Inventories
2023
2024
£
£
Stocks
450
450
4. Trade and other receivables
2023
2024
£
£
Trade debtors
5,563
4,734
Other debtors
3,110
5,993
10,727
8,673
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft (secured)
3,192
3,195
Taxation and social security
4,210
-
Other creditors
10,031
17,935
17,433
21,130
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6
For the year ended 30 June 2024
Valiant Contract Services Ltd.
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft (secured)
2,983
5,805
7. Average number of persons employed
During the year the average number of employees was 2 (2023 : 3)
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