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REGISTERED NUMBER: 14071672 (England and Wales)






Financial Statements

for the Year Ended 31 December 2024

for

Valinge Innovation UK Ltd

Valinge Innovation UK Ltd (Registered number: 14071672)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Valinge Innovation UK Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTOR: S K Darbyshire





SECRETARY: J W Ridgeway





REGISTERED OFFICE: Park View Business Centre
Combermere
Whitchurch
Shropshire
SY13 4AL





REGISTERED NUMBER: 14071672 (England and Wales)





AUDITORS: Harts Limited
Westminster House
10 Westminster Road
Macclesfield
Cheshire
SK10 1BX

Valinge Innovation UK Ltd (Registered number: 14071672)

Balance Sheet
31 December 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 41,425 83,260
Cash at bank 161,156 109,997
202,581 193,257
CREDITORS
Amounts falling due within one year 5 69,863 77,489
NET CURRENT ASSETS 132,718 115,768
TOTAL ASSETS LESS CURRENT
LIABILITIES

132,718

115,768

CREDITORS
Amounts falling due after more than one
year

6

80,000

80,000
NET ASSETS 52,718 35,768

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 51,718 34,768
SHAREHOLDERS' FUNDS 52,718 35,768

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 director and authorised for issue on 7 July 2025 and were signed by:





S K Darbyshire - Director


Valinge Innovation UK Ltd (Registered number: 14071672)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Valinge Innovation UK Ltd 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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Valinge Innovation UK Ltd (Registered number: 14071672)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
VAT 3,150 3,654
Prepayments and accrued income 1,613 615
Due from Parent Company 36,662 78,991
41,425 83,260

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 9,044 18,775
Tax 7,061 6,519
Social security and other taxes 12,049 11,256
Other creditors 1,857 1,558
Accrued expenses 39,852 39,381
69,863 77,489

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Loan from Parent Company 80,000 80,000

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

David Taylor BFP FCA (Senior Statutory Auditor)
for and on behalf of Harts Limited

8. ULTIMATE CONTROLLING PARTY

The controlling party is Valinge Innovation Sweden AB.

The ultimate controlling party is Pervan Holding AB.

The company's ultimate parent undertaking and controlling party is: Valinge Innovation AB which is incorporated in Sweden. It has included the company in its group accounts, copies of which are available from Pervan Holding AB Prästavägen 513, 263 65 Viken, Sweden