Valentte Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 9771481

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		743,469		386,491
Tangible Assets	5		996,151		852,112

			1,739,620		1,238,603
CURRENT ASSETS
Stocks	6	1,250,792		1,155,839
Debtors	7	166,666		195,152
Cash at bank and in hand		373,788		605,511

		1,791,246		1,956,502
Creditors: Amounts Falling Due Within One Year	8	(2,835,209 )		(2,051,596 )

NET CURRENT ASSETS (LIABILITIES)			(1,043,963 )		(95,094 )

TOTAL ASSETS LESS CURRENT LIABILITIES			695,657		1,143,509

Creditors: Amounts Falling Due After More Than One Year	9		(405,979 )		(281,032 )

NET ASSETS			289,678		862,477

CAPITAL AND RESERVES
Called up share capital	11		100		100
Profit and Loss Account			289,578		862,377

SHAREHOLDERS' FUNDS			289,678		862,477

Page 1

Page 2

Valentte Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Luke Bream

Director

30/09/2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Valentte Limited is a private company, limited by shares, incorporated in England & Wales, registered number 9771481 . The registered office is 61 Stanifield Lane, Farington, Leyland, Lancashire, PR25 4WF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are initially recognised at cost. It is amortised to profit and loss account over its estimated economic life of 5 years.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the usefull life cannot be made, the useful life shall not exceed five years

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	Over the period of the lease
Plant & Machinery	20% S/L
Fixtures & Fittings	20% S/L
Computer Equipment	20% S/L

Specific fixed assets with an expected useful life which is significantly different to those shown above will be depreciated at their individual rates.

Page 3

Page 4

Valentte Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.

Cost is determined using the first-in, first-out method. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

At the end of each reporting period stocks are assessed for impairment. If an item of stock is impaired, the identified stock is reduced to its selling price less costs to complete and sell and an impairment charge is recognised in the profit and loss account. Where a reversal of the impairment is required the impairment charge is reversed, up to the original impairment loss, and is recognised as a credit in the profit and loss account.

2.7. Foreign Currencies

Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 62 (2023: 56)

4. Intangible Assets

	Other
	£
Cost
As at 1 January 2024	490,100
Additions	451,119

As at 31 December 2024	941,219

Amortisation
As at 1 January 2024	103,609
Provided during the period	94,141

As at 31 December 2024	197,750

...CONTINUED

Page 4

Page 5

Valentte Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Net Book Value
As at 31 December 2024	743,469

As at 1 January 2024	386,491

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 January 2024	31,359	500,760	677,043	45,265	1,254,427
Additions	-	382,344	73,057	3,793	459,194
Disposals	-	(107,423 )	(5,395 )	(17,681 )	(130,499 )

As at 31 December 2024	31,359	775,681	744,705	31,377	1,583,122

Depreciation
As at 1 January 2024	5,018	180,847	204,963	11,487	402,315
Provided during the period	2,509	107,473	71,839	4,087	185,908
Disposals	-	(766 )	-	(486 )	(1,252 )

As at 31 December 2024	7,527	287,554	276,802	15,088	586,971

Net Book Value
As at 31 December 2024	23,832	488,127	467,903	16,289	996,151

As at 1 January 2024	26,341	319,913	472,080	33,778	852,112

6. Stocks

	2024	2023
	£	£
Materials	450,233	551,604
Finished goods	800,559	604,235

	1,250,792	1,155,839

7. Debtors

	2024	2023
	£	£
Due within one year
Amounts owed by group undertakings	6,160	6,075
Other debtors	160,506	189,077

	166,666	195,152

Page 5

Page 6

Valentte Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

8. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Net obligations under finance lease and hire purchase contracts	112,096	-
Trade creditors	1,183,823	766,530
Bank loans and overdrafts	892,612	1,052,741
Other creditors	151,872	11,687
Taxation and social security	494,806	220,638

	2,835,209	2,051,596

9. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Net obligations under finance lease and hire purchase contracts	271,630	-
Bank loans	134,349	281,032

	405,979	281,032

10. Obligations Under Finance Leases and Hire Purchase

	2024	2023
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	112,096	-
Later than one year and not later than five years	271,630	-

	383,726	-

	383,726	-

11. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

12. Directors Advances, Credits and Guarantees

Dividends paid to directors

	2024	2023
	£	£
Mr Luke Bream	110,300	82,000

Page 6