1 November 2023 false No description of principal activity Taxfiler 2024.6 SC644853business:PrivateLimitedCompanyLtd2023-11-012024-10-31 SC6448532023-10-31 SC6448532023-11-012024-10-31 SC644853business:AuditExempt-NoAccountantsReport2023-11-012024-10-31 SC644853business:FilletedAccounts2023-11-012024-10-31 SC6448532024-10-31 SC644853business:Director12023-11-012024-10-31 SC6448532023-10-31 SC644853core:WithinOneYear2024-10-31 SC644853core:WithinOneYear2023-10-31 SC644853core:AfterOneYear2024-10-31 SC644853core:AfterOneYear2023-10-31 SC644853core:ShareCapitalcore:PreviouslyStatedAmount2024-10-31 SC644853core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 SC644853core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-10-31 SC644853core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 SC644853core:PreviouslyStatedAmount2024-10-31 SC644853core:PreviouslyStatedAmount2023-10-31 SC644853business:SmallEntities2023-11-012024-10-31 SC644853countries:Scotland2023-11-012024-10-31 SC644853core:PlantMachinery2023-11-012024-10-31 SC644853core:MotorVehicles2023-11-012024-10-31 SC644853core:PlantMachinery2023-10-31 SC644853core:MotorVehicles2023-10-31 SC644853core:PlantMachinery2024-10-31 SC644853core:MotorVehicles2024-10-31 SC6448532022-11-012023-10-31 iso4217:GBP xbrli:pure
Company Registration No. SC644853 (Scotland)
Valente Group Limited t/as Renew-Able Solutions Unaudited accounts for the year ended 31 October 2024
Valente Group Limited t/as Renew-Able Solutions Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Valente Group Limited t/as Renew-Able Solutions Company Information for the year ended 31 October 2024
Director
Pauline Valente
Company Number
SC644853 (Scotland)
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Valente Group Limited t/as Renew-Able Solutions Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
118,416 
90,047 
Current assets
Inventories
25,000 
222,401 
Debtors
5
163,383 
(82,890)
Cash at bank and in hand
2,065 
26,625 
190,448 
166,136 
Creditors: amounts falling due within one year
6
(15,279)
(118,008)
Net current assets
175,169 
48,128 
Total assets less current liabilities
293,585 
138,175 
Creditors: amounts falling due after more than one year
7
(194,255)
(17,700)
Net assets
99,330 
120,475 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
99,329 
120,474 
Shareholders' funds
99,330 
120,475 
For the year ending 31 October 2024 the company was entitled to exemption from audit 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 October 2025 and were signed on its behalf by
Pauline Valente Director Company Registration No. SC644853
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Valente Group Limited t/as Renew-Able Solutions Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Valente Group Limited t/as Renew-Able Solutions is a private company, limited by shares, registered in Scotland, registration number SC644853.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2023
16,667 
103,396 
120,063 
Additions
55,508 
12,333 
67,841 
At 31 October 2024
72,175 
115,729 
187,904 
Depreciation
At 1 November 2023
4,167 
25,849 
30,016 
Charge for the year
39,472 
- 
39,472 
At 31 October 2024
43,639 
25,849 
69,488 
Net book value
At 31 October 2024
28,536 
89,880 
118,416 
At 31 October 2023
12,500 
77,547 
90,047 
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Valente Group Limited t/as Renew-Able Solutions Notes to the Accounts for the year ended 31 October 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
114,713 
88,720 
Trade debtors
69,670 
71,408 
Other debtors
(21,000)
(243,018)
163,383 
(82,890)
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
(117,139)
12,818 
Obligations under finance leases and hire purchase contracts
32,068 
19,000 
Trade creditors
86,190 
- 
Other creditors
(790)
86,190 
Loans from directors
14,950 
- 
15,279 
118,008 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
175,950 
- 
Taxes and social security
18,305 
17,700 
194,255 
17,700 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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