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REGISTERED NUMBER: 12221454 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

VALE RETAIL LTD
Param & Company Ltd
44 - 50 The Broadway
Southall
Middlesex
UB1 1QB








VALE RETAIL LTD (REGISTERED NUMBER: 12221454)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


VALE RETAIL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: T Kamalendran
K Sathananthalingam





REGISTERED OFFICE: 104a Warrensway
Telford
TF7 5QE





REGISTERED NUMBER: 12221454 (England and Wales)





ACCOUNTANTS: Param & Company Ltd
44 - 50 The Broadway
Southall
Middlesex
UB1 1QB
Page 1
VALE RETAIL LTD (REGISTERED NUMBER: 12221454)

ABRIDGED BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1 19,000
Tangible assets 5 12,001 19,000
12,002 38,000

CURRENT ASSETS
Stocks 96,250 94,500
Debtors 17,561 -
Cash at bank and in hand 24,316 23,149
138,127 117,649
CREDITORS
Amounts falling due within one year 37,634 24,245
NET CURRENT ASSETS 100,493 93,404
TOTAL ASSETS LESS CURRENT
LIABILITIES
112,495
131,404

CREDITORS
Amounts falling due after more than one year 34,321 39,882
NET ASSETS 78,174 91,522

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 77,174 90,522
SHAREHOLDERS' FUNDS 78,174 91,522

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 notes form part of these financial statements

Page 2 continued...
VALE RETAIL LTD (REGISTERED NUMBER: 12221454)

ABRIDGED BALANCE SHEET - continued
30 SEPTEMBER 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 September 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 18 September 2025 and were signed on its behalf by:





T Kamalendran - Director


The notes form part of these financial statements

Page 3
VALE RETAIL LTD (REGISTERED NUMBER: 12221454)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Vale Retail 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

Page 4 continued...
VALE RETAIL LTD (REGISTERED NUMBER: 12221454)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 October 2023
and 30 September 2024 95,000
AMORTISATION
At 1 October 2023 76,000
Amortisation for year 18,999
At 30 September 2024 94,999
NET BOOK VALUE

At 30 September 2024 1
At 30 September 2023 19,000

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 October 2023
and 30 September 2024 35,000
DEPRECIATION
At 1 October 2023 16,000
Charge for year 6,999
At 30 September 2024 22,999
NET BOOK VALUE
At 30 September 2024 12,001
At 30 September 2023 19,000

Page 5