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Company Registration No. 08641336 (England and Wales)
Vallis Management Limited Unaudited accounts for the year ended 31 August 2024
Vallis Management Limited Unaudited accounts Contents
Page
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Vallis Management Limited Company Information for the year ended 31 August 2024
Director
D J Ellis-Jones
Company Number
08641336 (England and Wales)
Registered Office
Unit 8F Cefn Llan Science Park Aberystwyth Ceredigion Wales SY23 3AH United Kingdom
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Vallis Management Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
80,767 
109,479 
Current assets
Debtors
111,923 
111,247 
Cash at bank and in hand
1,116 
1,092 
113,039 
112,339 
Creditors: amounts falling due within one year
(53,546)
(60,417)
Net current assets
59,493 
51,922 
Total assets less current liabilities
140,260 
161,401 
Creditors: amounts falling due after more than one year
(89,762)
(107,957)
Net assets
50,498 
53,444 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
50,496 
53,442 
Shareholders' funds
50,498 
53,444 
For the year ending 31 August 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 29 May 2025 and were signed on its behalf by
D J Ellis-Jones Director Company Registration No. 08641336
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Vallis Management Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Vallis Management Limited is a private company, limited by shares, registered in England and Wales, registration number 08641336. The registered office is Unit 8F Cefn Llan Science Park, Aberystwyth, Ceredigion, Wales, SY23 3AH, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight Line
Motor vehicles
25% Straight Line
Fixtures & fittings
20% Straight Line
Leased assets
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2023
27,020 
135,673 
5,998 
168,691 
At 31 August 2024
27,020 
135,673 
5,998 
168,691 
Depreciation
At 1 September 2023
13,455 
40,158 
5,599 
59,212 
Charge for the year
5,270 
23,342 
100 
28,712 
At 31 August 2024
18,725 
63,500 
5,699 
87,924 
Net book value
At 31 August 2024
8,295 
72,173 
299 
80,767 
At 31 August 2023
13,565 
95,515 
399 
109,479 
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Vallis Management Limited Notes to the Accounts for the year ended 31 August 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
(18,809)
(7,370)
Other debtors
130,732 
118,617 
111,923 
111,247 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
2,392 
3,677 
Taxes and social security
42,297 
29,345 
Other creditors
8,857 
27,395 
53,546 
60,417 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
30,620 
41,556 
Obligations under finance leases and hire purchase contracts
55,256 
- 
Other creditors
3,886 
66,401 
89,762 
107,957 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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