REGISTERED NUMBER: 04234688 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

ADDED VALUE CONCEPTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S A Holt

Ms L D Ardron

SECRETARY:

Ms L D Ardron

REGISTERED OFFICE:

423 Otley Road

Adel

Leeds

West Yorkshire

LS16 6AL

REGISTERED NUMBER:

04234688 (England and Wales)

ACCOUNTANTS:

Temporal Lennon & Company Limited

Chartered Accountants

Suite 1

1 The Crescent

Adel

Leeds

West Yorkshire

LS16 6AA

FIXED ASSETS

Tangible assets

4

1,148,270

1,247,092

Investments

5

1

1

1,148,271

1,247,093

CURRENT ASSETS

Debtors

6

863,765

706,160

Cash at bank

59,625

117,331

923,390

823,491

CREDITORS

Amounts falling due within one year

7

350,052

336,365

NET CURRENT ASSETS

573,338

487,126

TOTAL ASSETS LESS CURRENT LIABILITIES

1,721,609

1,734,219

CREDITORS

Amounts falling due after more than one year

8

(10,000

)

(51,745

)

PROVISIONS FOR LIABILITIES

(122,488

)

(137,557

)

NET ASSETS

1,589,121

1,544,917

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,589,021

1,544,817

SHAREHOLDERS' FUNDS

1,589,121

1,544,917

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

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 30 September 2025 and were signed on its behalf by:

Mr S A Holt - Director

1.	STATUTORY INFORMATION

Added Value Concepts 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

4% on cost

Long leasehold

-

4% on cost

Plant and machinery

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Investments in associates

Investments in associate undertakings are recognised at cost.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

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 4 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Long

Plant and

property

leasehold

machinery

£

£

£

COST

At 1 January 2024

426,186

526,446

1,122,868

Disposals

-

-

-

At 31 December 2024

426,186

526,446

1,122,868

DEPRECIATION

At 1 January 2024

107,663

134,687

623,839

Charge for year

17,047

21,058

49,903

Eliminated on disposal

-

-

-

At 31 December 2024

124,710

155,745

673,742

NET BOOK VALUE

At 31 December 2024

301,476

370,701

449,126

At 31 December 2023

318,523

391,759

499,029

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2024

68,960

11,974

2,156,434

Disposals

(20,000

)

-

(20,000

)

At 31 December 2024

48,960

11,974

2,136,434

DEPRECIATION

At 1 January 2024

31,879

11,274

909,342

Charge for year

8,989

699

97,696

Eliminated on disposal

(18,874

)

-

(18,874

)

At 31 December 2024

21,994

11,973

988,164

NET BOOK VALUE

At 31 December 2024

26,966

1

1,148,270

At 31 December 2023

37,081

700

1,247,092

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2024

and 31 December 2024

48,960

DEPRECIATION

At 1 January 2024

13,005

Charge for year

8,989

At 31 December 2024

21,994

NET BOOK VALUE

At 31 December 2024

26,966

At 31 December 2023

35,955

5.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

At 1 January 2024

and 31 December 2024

1

NET BOOK VALUE

At 31 December 2024

1

At 31 December 2023

1

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

412,090

247,899

Other debtors

451,675

458,261

863,765

706,160

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

31,215

4,253

Trade creditors

129,327

161,240

Taxation and social security

103,524

67,360

Other creditors

75,986

93,512

350,052

336,365

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

10,000

20,000

Hire purchase contracts

-

31,745

10,000

51,745

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Bank loans

20,000

30,000

Hire purchase

31,215

35,998

51,215

65,998

The bank loan is secured by a fixed and floating charge over the assets of the company. The hire purchase agreements are secured on the assets to which they relate.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr S A Holt.