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REGISTERED NUMBER: SC632683 (Scotland)
















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Valianna Ltd

Valianna Ltd (Registered number: SC632683)






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


Valianna Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTOR: Mrs G Crolla





REGISTERED OFFICE: Unit 2
Fleming Court
Denny
FK6 5HB





REGISTERED NUMBER: SC632683 (Scotland)





ACCOUNTANTS: McLay McAlister & McGibbon LLP
Chartered Accountants
145 St Vincent Street
Glasgow
G2 5JF

Valianna Ltd (Registered number: SC632683)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 49,410 54,351
Tangible assets 5 13,018 18,033
62,428 72,384

CURRENT ASSETS
Stocks 2,000 2,000
Debtors 6 12,689 3,303
Cash at bank and in hand 8,771 32,881
23,460 38,184
CREDITORS
Amounts falling due within one year 7 (27,474 ) (37,413 )
NET CURRENT (LIABILITIES)/ASSETS (4,014 ) 771
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,414

73,155

CREDITORS
Amounts falling due after more than one
year

8

(58,343

)

(65,311

)
NET ASSETS 71 7,844

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 70 7,843
SHAREHOLDERS' FUNDS 71 7,844

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 her 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.

Valianna Ltd (Registered number: SC632683)

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 March 2025 and were signed by:





Mrs G Crolla - Director


Valianna Ltd (Registered number: SC632683)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Valianna Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of fifteen years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc - 25% on cost, 20% on cost and 6.5% on cost

The company's policy is to review the remaining useful lives and residual value of all tangible fixed assets on an on-going basis and to adjust the depreciation charge to reflect the remaining useful economic life and residual value.

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.

Valianna Ltd (Registered number: SC632683)

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 9 (2023 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 74,115
AMORTISATION
At 1 July 2023 19,764
Charge for year 4,941
At 30 June 2024 24,705
NET BOOK VALUE
At 30 June 2024 49,410
At 30 June 2023 54,351

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 38,107
DEPRECIATION
At 1 July 2023 20,074
Charge for year 5,015
At 30 June 2024 25,089
NET BOOK VALUE
At 30 June 2024 13,018
At 30 June 2023 18,033

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other debtors 12,689 3,303

Valianna Ltd (Registered number: SC632683)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 6,733 6,269
Taxation and social security 17,487 27,760
Other creditors 3,254 3,384
27,474 37,413

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans 58,343 65,311

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 31,410 40,234

9. CAPITAL COMMITMENTS

At the year end the company had £107,338 due in non cancellable operating leases.