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Company Registration No. 7886735 (England and Wales)
Vala Evolution Limited Unaudited accounts for the year ended 31 December 2024
Vala Evolution Limited Unaudited accounts Contents
Page
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Vala Evolution Limited Company Information for the year ended 31 December 2024
Director
Mr Gregory Parkin
Company Number
7886735 (England and Wales)
Registered Office
67, Neptune Close Great Yarmouth United Kingdom NR31 9GD UK
Accountants
Sharon Wray Accountancy Services Black Hall Farm Traice Road Fundenhall Norfolk NR16 1HQ
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Vala Evolution Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,877 
1,946 
Current assets
Debtors
7,572 
9,600 
Cash at bank and in hand
52,120 
41,152 
59,692 
50,752 
Creditors: amounts falling due within one year
(19,292)
(20,027)
Net current assets
40,400 
30,725 
Net assets
43,277 
32,671 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
43,177 
32,571 
Shareholders' funds
43,277 
32,671 
For the year ending 31 December 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 18 July 2025 and were signed on its behalf by
Mr Gregory Parkin Director Company Registration No. 7886735
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Vala Evolution Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Vala Evolution Limited is a private company, limited by shares, registered in England and Wales, registration number 7886735. The registered office is 67, Neptune Close, Great Yarmouth, United Kingdom, NR31 9GD, UK.
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:
Fixtures & fittings
25% Reducing balance
Computer equipment
20% Reducing balance
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
204 
2,598 
2,802 
Additions
- 
1,658 
1,658 
At 31 December 2024
204 
4,256 
4,460 
Depreciation
At 1 January 2024
76 
780 
856 
Charge for the year
32 
695 
727 
At 31 December 2024
108 
1,475 
1,583 
Net book value
At 31 December 2024
96 
2,781 
2,877 
At 31 December 2023
128 
1,818 
1,946 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,572 
9,600 
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Vala Evolution Limited Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,665 
7,641 
Taxes and social security
16,234 
11,637 
Other creditors
320 
447 
Loans from directors
73 
302 
19,292 
20,027 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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