VALOR SALT EXTRACTION LTD

Company Registration Number:
13633373 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 1 October 2023

End date: 30 September 2024

VALOR SALT EXTRACTION LTD

Contents of the Financial Statements

for the Period Ended 30 September 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

VALOR SALT EXTRACTION LTD

Profit And Loss Account

for the Period Ended 30 September 2024

2024 2023


£

£
Turnover: 996,480 639,302
Cost of sales: ( 327,366 ) ( 184,567 )
Gross profit(or loss): 669,114 454,735
Distribution costs: ( 139,640 ) ( 81,064 )
Administrative expenses: ( 459,577 ) ( 263,912 )
Other operating income: 67,063 41,933
Operating profit(or loss): 136,960 151,692
Interest receivable and similar income: 1,605 1,442
Interest payable and similar charges: ( 25,204 ) ( 11,210 )
Profit(or loss) before tax: 113,361 141,924
Tax: ( 8,740 ) ( 7,380 )
Profit(or loss) for the financial year: 104,621 134,544

VALOR SALT EXTRACTION LTD

Balance sheet

As at 30 September 2024

Notes 2024 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 24,397 21,743
Tangible assets: 4 298,675 157,064
Total fixed assets: 323,072 178,807
Current assets
Stocks: 5 196,928 74,678
Debtors: 6 305,435 90,711
Cash at bank and in hand: 238,869 50,693
Total current assets: 741,232 216,082
Prepayments and accrued income: 67,064 41,932
Creditors: amounts falling due within one year: 7 ( 237,492 ) ( 30,511 )
Net current assets (liabilities): 570,804 227,503
Total assets less current liabilities: 893,876 406,310
Creditors: amounts falling due after more than one year: 8 ( 130,575 ) ( 11,941 )
Total net assets (liabilities): 763,301 394,369
Capital and reserves
Called up share capital: 658,680 259,825
Profit and loss account: 104,621 134,544
Total Shareholders' funds: 763,301 394,369

The notes form part of these financial statements

VALOR SALT EXTRACTION LTD

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 22 October 2024
and signed on behalf of the board by:

Name: Alberto Cesar
Status: Director

The notes form part of these financial statements

VALOR SALT EXTRACTION LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

VALOR SALT EXTRACTION LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 23 10

VALOR SALT EXTRACTION LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 October 2023 22,039 12,922 34,961
Additions 6,816 73 6,889
Disposals
Revaluations
Transfers
At 30 September 2024 28,855 12,995 41,850
Amortisation
At 1 October 2023 7,897 5,321 13,218
Charge for year 3,204 1,031 4,235
On disposals
Other adjustments
At 30 September 2024 11,101 6,352 17,453
Net book value
At 30 September 2024 17,754 6,643 24,397
At 30 September 2023 14,142 7,601 21,743

VALOR SALT EXTRACTION LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2023 28,205 56,879 30,736 50,063 22,818 188,701
Additions 22,457 45,447 24,891 39,444 18,495 150,734
Disposals
Revaluations
Transfers
At 30 September 2024 50,662 102,326 55,627 89,507 41,313 339,435
Depreciation
At 1 October 2023 4,018 12,650 4,522 7,561 2,886 31,637
Charge for year 647 5,570 1,257 1,124 525 9,123
On disposals
Other adjustments
At 30 September 2024 4,665 18,220 5,779 8,685 3,411 40,760
Net book value
At 30 September 2024 45,997 84,106 49,848 80,822 37,902 298,675
At 30 September 2023 24,187 44,229 26,214 42,502 19,932 157,064

VALOR SALT EXTRACTION LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Stocks

2024 2023
£ £
Stocks 145,175 61,086
Payments on account 51,753 13,592
Total 196,928 74,678

VALOR SALT EXTRACTION LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

6. Debtors

2024 2023
£ £
Trade debtors 77,404 77,404
Prepayments and accrued income 17,910 6,059
Other debtors 210,121 7,248
Total 305,435 90,711

VALOR SALT EXTRACTION LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

7. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 21,604 1,037
Amounts due under finance leases and hire purchase contracts 22,253 2,731
Trade creditors 142,567 19,689
Taxation and social security 14,506 1,706
Accruals and deferred income 13,956 2,557
Other creditors 22,606 2,791
Total 237,492 30,511

VALOR SALT EXTRACTION LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

8. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 84,175 6,039
Amounts due under finance leases and hire purchase contracts 16,651 1,595
Other creditors 29,749 4,307
Total 130,575 11,941