REGISTERED NUMBER: 03048136 (England and Wales)

Financial Statements

for the Year Ended 31 August 2025

for

Valleymount Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R D McGorrin

REGISTERED OFFICE:

Oriel House

2 - 8 Oriel Road

Bootle

Merseyside

L20 7EP

REGISTERED NUMBER:

03048136 (England and Wales)

ACCOUNTANTS:

SB&P

Chartered Accountants

Oriel House

2/8 Oriel Road

Bootle

Merseyside

L20 7EP

FIXED ASSETS

Tangible assets

4

1,860,597

1,838,805

CURRENT ASSETS

Debtors

5

10,050

9,174

Cash at bank

697

478

10,747

9,652

CREDITORS

Amounts falling due within one year

6

634,686

552,284

NET CURRENT LIABILITIES

(623,939

)

(542,632

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,236,658

1,296,173

PROVISIONS FOR LIABILITIES

276,245

254,453

NET ASSETS

960,413

1,041,720

CAPITAL AND RESERVES

Called up share capital

10

10

Non distributable reserve

7

1,215,163

1,215,163

Capital redemption reserve

990

990

Retained earnings

(255,750

)

(174,443

)

SHAREHOLDERS' FUNDS

960,413

1,041,720

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 16 October 2025 and were signed by:

R D McGorrin - Director

1.	STATUTORY INFORMATION

Valleymount 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents the value of rents received during the year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

not provided

Computer equipment

-

33% on cost

Freehold property consists of investment properties which were valued on an open market basis in accordance with the Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities".

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Computer

property

property

equipment

Totals

£

£

£

£

COST OR VALUATION

At 1 September 2024

1,827,771

11,034

1,922

1,840,727

Additions

-

21,792

-

21,792

At 31 August 2025

1,827,771

32,826

1,922

1,862,519

DEPRECIATION

At 1 September 2024

and 31 August 2025

-

-

1,922

1,922

NET BOOK VALUE

At 31 August 2025

1,827,771

32,826

-

1,860,597

At 31 August 2024

1,827,771

11,034

-

1,838,805

Investment property was valued on the open market basis on 31 August 2021 by the directors. They consider the current valuation to be appropriate.

Cost or valuation at 31 August 2025 is represented by:

Improvements

Freehold

to

Computer

property

property

equipment

Totals

£

£

£

£

Valuation in 2015

1,580,465

-

-

1,580,465

Valuation in 2022

(80,464

)

-

-

(80,464

)

Cost

327,770

32,826

1,922

362,518

1,827,771

32,826

1,922

1,862,519

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

DPS Deposits Debtors

10,050

8,250

Prepayments

-

924

10,050

9,174

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade creditors

35

2,743

DPS Deposits Creditors

7,779

6,429

Social security and other taxes

5,285

2,969

Wages Control Account

3,930

4,140

Other creditors

471

-

Loan to Cloudbluff

614,682

533,608

Accrued expenses

2,504

2,395

634,686

552,284

7.

RESERVES

Non

distributable

reserve

£

At 1 September 2024

and 31 August 2025

1,215,163

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

31.8.25

31.8.24

£

£

R D McGorrin

Balance outstanding at start of year

-

-

Amounts advanced

32,624

50,013

Amounts repaid

(32,624

)

(50,013

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-