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REGISTERED NUMBER: 06639713 (England and Wales)












Valins (Holdings) Limited

Unaudited Financial Statements

for the Year Ended 31 July 2024






Valins (Holdings) Limited (Registered number: 06639713)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company information 1

Statement of income and retained earnings 2

Balance sheet 3

Notes to the financial statements 5


Valins (Holdings) Limited

Company Information
for the Year Ended 31 July 2024







Directors: Mr A P Valins
Mrs L M Valins





Registered office: Mynshull House
78 Churchgate
Stockport
Cheshire
SK1 1YJ





Registered number: 06639713 (England and Wales)





Accountants: Warr & Co Limited
Chartered Accountants
Mynshull House
78 Churchgate
Stockport
Cheshire
SK1 1YJ

Valins (Holdings) Limited (Registered number: 06639713)

Statement of Income and
Retained Earnings
for the Year Ended 31 July 2024

31.7.24 31.7.23
£    £   

Turnover - -

Other operating income 3,711 5,047
Operating profit 3,711 5,047


Interest payable and similar expenses 3,711 5,047
Profit before taxation - -

Tax on profit - -
Profit for the financial year - -

Retained earnings at beginning of year 1,761 1,761

Retained earnings at end of year 1,761 1,761

Valins (Holdings) Limited (Registered number: 06639713)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
Fixed assets
Investments 4 600,000 600,000

Current assets
Debtors 5 140,177 149,494

Creditors
Amounts falling due within one year 6 11,201 10,891
Net current assets 128,976 138,603
Total assets less current liabilities 728,976 738,603

Creditors
Amounts falling due after more than one
year

7

45,736

55,363
Net assets 683,240 683,240

Capital and reserves
Called up share capital 681,479 681,479
Retained earnings 1,761 1,761
683,240 683,240

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

Valins (Holdings) Limited (Registered number: 06639713)

Balance Sheet - continued
31 July 2024


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

The financial statements were approved by the Board of Directors and authorised for issue on 24 March 2025 and were signed on its behalf by:





Mr A P Valins - Director


Valins (Holdings) Limited (Registered number: 06639713)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. Statutory information

Valins (Holdings) 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

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.

3. Employees and directors

The average number of employees during the year was 2 (2023 - 2 ) .

4. Fixed asset investments
Shares in
group
undertakings
£   
Cost
At 1 August 2023
and 31 July 2024 1,105,743
Provisions
At 1 August 2023
and 31 July 2024 505,743
Net book value
At 31 July 2024 600,000
At 31 July 2023 600,000

Valins (Holdings) Limited (Registered number: 06639713)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. Fixed asset investments - continued

The company's investments at the Balance sheet date in the share capital of companies include the following:

Valins (Bury) Limited
Registered office: United Kingdom
Nature of business: Retail pharmacy
%
Class of shares: holding
Ordinary 100.00
31.7.24 31.7.23
£    £   
Aggregate capital and reserves 97,007 161,845
Loss for the year (64,838 ) (55,738 )

5. Debtors
31.7.24 31.7.23
£    £   
Amounts falling due within one year:
Amounts owed by group undertakings 11,201 10,891

Amounts falling due after more than one year:
Amounts owed by group undertakings 128,976 138,603

Aggregate amounts 140,177 149,494

6. Creditors: amounts falling due within one year
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 11,201 10,891

7. Creditors: amounts falling due after more than one year
31.7.24 31.7.23
£    £   
Bank loans 45,736 55,363