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REGISTERED NUMBER: 05625624 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Valley Joinery & Construction Limited

Valley Joinery & Construction Limited (Registered number: 05625624)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Valley Joinery & Construction Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: A R Child
M C Dyer





SECRETARY: A R Child





REGISTERED OFFICE: Unit 7, Fairseat Workshops
Stoke Hill
Chew Stoke
Bristol
BS40 8XF





REGISTERED NUMBER: 05625624 (England and Wales)





ACCOUNTANTS: Underwood Lamb Professional Services Ltd
Ground Floor, The Old Barn
Lady Farm
Chelwood
Bristol
BS39 4NN

Valley Joinery & Construction Limited (Registered number: 05625624)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 55,149 17,077
Investment property 5 563,134 563,134
618,283 580,211

CURRENT ASSETS
Debtors 6 8,255 20,604
Cash at bank 267,159 261,629
275,414 282,233
CREDITORS
Amounts falling due within one year 7 47,835 58,146
NET CURRENT ASSETS 227,579 224,087
TOTAL ASSETS LESS CURRENT
LIABILITIES

845,862

804,298

PROVISIONS FOR LIABILITIES 12,155 -
NET ASSETS 833,707 804,298

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 8 833,705 804,296
SHAREHOLDERS' FUNDS 833,707 804,298

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

Valley Joinery & Construction Limited (Registered number: 05625624)

Balance Sheet - continued
31 March 2025


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 July 2025 and were signed on its behalf by:




A R Child - Director



M C Dyer - Director


Valley Joinery & Construction Limited (Registered number: 05625624)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Valley Joinery & Construction 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Motor vehicles - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

Valley Joinery & Construction Limited (Registered number: 05625624)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2024 65,311 56,716 4,907 126,934
Additions - 52,000 3,077 55,077
Disposals - (24,000 ) - (24,000 )
At 31 March 2025 65,311 84,716 7,984 158,011
DEPRECIATION
At 1 April 2024 54,699 50,862 4,296 109,857
Charge for year 2,988 13,434 582 17,004
Eliminated on disposal - (23,999 ) - (23,999 )
At 31 March 2025 57,687 40,297 4,878 102,862
NET BOOK VALUE
At 31 March 2025 7,624 44,419 3,106 55,149
At 31 March 2024 10,612 5,854 611 17,077

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024
and 31 March 2025 563,134
NET BOOK VALUE
At 31 March 2025 563,134
At 31 March 2024 563,134

Given the uncertainty of current market conditions, it is considered by the directors that the inclusion of the property at cost is a reasonable estimation of current market value.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 8,255 20,604

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors - 743
Taxation and social security 30,321 40,165
Other creditors 17,514 17,238
47,835 58,146

Valley Joinery & Construction Limited (Registered number: 05625624)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

8. RESERVES
Retained
earnings
£   

At 1 April 2024 804,296
Profit for the year 91,409
Dividends (62,000 )
At 31 March 2025 833,705

9. ULTIMATE CONTROLLING PARTY

The company is owned and controlled by the directors.