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REGISTERED NUMBER: 06164150 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

VALUE GENERATION LIMITED

VALUE GENERATION LIMITED (REGISTERED NUMBER: 06164150)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


VALUE GENERATION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: P Johnson





REGISTERED OFFICE: Arena Offices Riverside Way
Watchmoor Park
Camberley
Surrey
GU15 3YL





REGISTERED NUMBER: 06164150 (England and Wales)





ACCOUNTANTS: Strathmore Accountants Limited
3rd Floor, Ivy Mill,
Crown Street,
Failsworth
Manchester
M35 9BG

VALUE GENERATION LIMITED (REGISTERED NUMBER: 06164150)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £ £
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 - 359
- 359

CURRENT ASSETS
Stocks 234,409 336,664
Debtors 6 612,054 476,666
Investments 7 3,980 3,980
Cash at bank and in hand 6,671 36,376
857,114 853,686
CREDITORS
Amounts falling due within one year 8 (245,751 ) (273,981 )
NET CURRENT ASSETS 611,363 579,705
TOTAL ASSETS LESS CURRENT
LIABILITIES

611,363

580,064

CREDITORS
Amounts falling due after more than one
year

9

-

(8,747

)
NET ASSETS 611,363 571,317

CAPITAL AND RESERVES
Called up share capital 50 50
Retained earnings 611,313 571,267
SHAREHOLDERS' FUNDS 611,363 571,317

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

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 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.

VALUE GENERATION LIMITED (REGISTERED NUMBER: 06164150)

BALANCE SHEET - continued
30 JUNE 2024


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 18 March 2025 and were signed by:





P Johnson - Director


VALUE GENERATION LIMITED (REGISTERED NUMBER: 06164150)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Value Generation 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.

2. ACCOUNTING POLICIES

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

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Trademarks are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - at varying rates on cost
Computer equipment - at varying rates on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

VALUE GENERATION LIMITED (REGISTERED NUMBER: 06164150)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£
COST
At 1 July 2023
and 30 June 2024 1,050
AMORTISATION
At 1 July 2023
and 30 June 2024 1,050
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£ £ £
COST
At 1 July 2023
and 30 June 2024 6,354 8,280 14,634
DEPRECIATION
At 1 July 2023 6,234 8,041 14,275
Charge for year 120 239 359
At 30 June 2024 6,354 8,280 14,634
NET BOOK VALUE
At 30 June 2024 - - -
At 30 June 2023 120 239 359

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 9,495 12,005
Other debtors 602,559 464,661
612,054 476,666

VALUE GENERATION LIMITED (REGISTERED NUMBER: 06164150)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

7. CURRENT ASSET INVESTMENTS
2024 2023
£ £
Other Investments 3,980 3,980

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 8,723 17,295
Trade creditors 8,615 1,294
Taxation and social security 200,883 238,479
Other creditors 27,530 16,913
245,751 273,981

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Bank loans - 8,747

10. ADVANCES, CREDITS AND GUARANTEES WITH DIRECTORS AND OTHER PARTICIPATORS

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

2024 2023
£ £
P Johnson
Balance outstanding at start of year 342,852 407,436
Amounts advanced 114,645 385,666
Amounts repaid - (450,250 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 457,497 342,852

The above advances and credits relate to transactions with Mr P Johnson and his wife Mrs M Johnson, although Mr P Johnson is named as the sole director of Value Generations Ltd, all balances, advances and repayments relate equally to husband and wife.