Company Registration No. 12954836 (England and Wales)
VALUE RENEWABLES LTD
Unaudited accounts
for the year ended 31 October 2024
VALUE RENEWABLES LTD
Unaudited accounts
Contents
VALUE RENEWABLES LTD
Company Information
for the year ended 31 October 2024
Company Number
12954836 (England and Wales)
Registered Office
11a Heath Drive Flat 2 (First Floor)
London
NW3 7SN
England
Accountants
Schiavi Pole Brett Ltd
15A Walm Lane
London
NW2 5SJ
VALUE RENEWABLES LTD
Statement of financial position
as at 31 October 2024
Cash at bank and in hand
754
913
Creditors: amounts falling due within one year
(23,027)
(22,477)
Net current assets
552,598
353,233
Total assets less current liabilities
552,598
353,233
Creditors: amounts falling due after more than one year
(624,081)
(423,471)
Net liabilities
(71,483)
(70,238)
Called up share capital
1,000
1,000
Profit and loss account
(72,483)
(71,238)
Shareholders' funds
(71,483)
(70,238)
For the year ending 31 October 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 March 2025 and were signed on its behalf by
Alp Karli
Director
Company Registration No. 12954836
VALUE RENEWABLES LTD
Notes to the Accounts
for the year ended 31 October 2024
VALUE RENEWABLES LTD is a private company, limited by shares, registered in England and Wales, registration number 12954836. The registered office is 11a Heath Drive Flat 2 (First Floor), London, NW3 7SN, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The financial statements have been prepared on a going concern basis due to the continued support of its directors and shareholders.
Amounts falling due within one year
Amounts falling due after more than one year
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
23,027
22,477
6
Creditors: amounts falling due after more than one year
2024
2023
Amounts owed to group undertakings and other participating interests
567,104
366,944
Other creditors
56,977
56,527
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
VALUE RENEWABLES LTD
Notes to the Accounts
for the year ended 31 October 2024
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).