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REGISTERED NUMBER: 00994829 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Valeguard Limited

Valeguard Limited (Registered number: 00994829)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Valeguard Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: J T Parmar
P Parmar
H Chauhan





REGISTERED OFFICE: Parmars
Jay House
88-90 London Road
Leicester
Leicestershire
LE2 0RD





REGISTERED NUMBER: 00994829 (England and Wales)





ACCOUNTANTS: torr waterfield
Park House
37 Clarence Street
Leicester
Leicestershire
LE1 3RW

Valeguard Limited (Registered number: 00994829)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £   
FIXED ASSETS
Investment property 4 157,483 157,483

CURRENT ASSETS
Debtors 5 646,114 646,114
Cash at bank 43,143 30,428
689,257 676,542
CREDITORS
Amounts falling due within one year 6 (14,177 ) (30,114 )
NET CURRENT ASSETS 675,080 646,428
TOTAL ASSETS LESS CURRENT
LIABILITIES

832,563

803,911

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 831,563 802,911
SHAREHOLDERS' FUNDS 832,563 803,911

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 directors acknowledge their 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.

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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 March 2025 and were signed on its behalf by:





P Parmar - Director


Valeguard Limited (Registered number: 00994829)

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

1. STATUTORY INFORMATION

Valeguard 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
Rental income is recognised on a receivable basis during the year, exclusive of Value Added Tax.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023
and 30 June 2024 157,483
NET BOOK VALUE
At 30 June 2024 157,483
At 30 June 2023 157,483

Valeguard Limited (Registered number: 00994829)

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

4. INVESTMENT PROPERTY - continued

Investment properties were valued by the directors on 30 June 2024 on an open market value basis.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Amounts owed by group undertakings 603,642 603,642
Other debtors 42,472 42,472
646,114 646,114

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 5,399 -
Trade creditors - 1,195
Taxation and social security 3,547 9,688
Other creditors 5,231 19,231
14,177 30,114