Company Registration No. NI665144 (Northern Ireland)
Vallely Electrical Ltd
Unaudited accounts
for the year ended 31 October 2023
Vallely Electrical Ltd
Unaudited accounts
Contents
Vallely Electrical Ltd
Company Information
for the year ended 31 October 2023
Company Number
NI665144 (Northern Ireland)
Registered Office
21 Outleckan Road
Belleeks
Newry
County Down
BT35 7QU
Northern Ireland
Vallely Electrical Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
27,656
32,778
Cash at bank and in hand
1,973
6,961
Creditors: amounts falling due within one year
(48,510)
(57,263)
Net current assets
23,130
14,574
Total assets less current liabilities
50,786
47,352
Creditors: amounts falling due after more than one year
(39,450)
(39,450)
Called up share capital
100
100
Profit and loss account
11,236
7,802
Shareholders' funds
11,336
7,902
For the year ending 31 October 2023 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 July 2025 and were signed on its behalf by
Maria Vallely
Director
Company Registration No. NI665144
Vallely Electrical Ltd
Notes to the Accounts
for the year ended 31 October 2023
Vallely Electrical Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI665144. The registered office is 21 Outleckan Road, Belleeks, Newry, County Down, BT35 7QU, Northern Ireland.
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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.
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:
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Tangible fixed assets
Motor vehicles
Amounts falling due within one year
Accrued income and prepayments
50,810
64,876
Vallely Electrical Ltd
Notes to the Accounts
for the year ended 31 October 2023
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Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
5,929
5,929
Taxes and social security
25,873
20,128
Deferred income
16,708
16,708
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Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).