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Company Registration No. NI623562 (Northern Ireland)
Valley Services (NI) Limited Unaudited accounts for the year ended 31 March 2025
Valley Services (NI) Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Valley Services (NI) Limited Company Information for the year ended 31 March 2025
Director
Joshua Mulholland
Secretary
Josh Mulholland
Company Number
NI623562 (Northern Ireland)
Registered Office
29a Lenagh Road Randalstown Antrim County Antrim BT41 2NF Northern Ireland
Accountants
TAG Accountants (N.I.) Ltd 81a Galgorm Road Ballymena Co Antrim BT42 1AA
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Valley Services (NI) Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
384,637
387,214
Current assets
Debtors
5
48,812
14,012
Cash at bank and in hand
13,248
29
62,060
14,041
Creditors: amounts falling due within one year
6
16,636
21,151
Net current assets
78,696
35,192
Total assets less current liabilities
463,333
422,406
Provisions for liabilities
Deferred tax
(2,577)
(2,448)
Net assets
460,756
419,958
Capital and reserves
Called up share capital
7
100
100
Profit and loss account
460,656
419,858
Shareholders' funds
460,756
419,958
For the year ending 31 March 2025 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 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 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 7 July 2025 and were signed on its behalf by
Joshua Mulholland Director Company Registration No. NI623562
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Valley Services (NI) Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Valley Services (NI) Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI623562. The registered office is 29a Lenagh Road, Randalstown, Antrim, County Antrim, BT41 2NF, Northern Ireland.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2024
374,331
64,048
438,379
At 31 March 2025
374,331
64,048
438,379
Depreciation
At 1 April 2024
-
51,165
51,165
Charge for the year
-
2,577
2,577
At 31 March 2025
-
53,742
53,742
Net book value
At 31 March 2025
374,331
10,306
384,637
At 31 March 2024
374,331
12,883
387,214
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
48,812
14,012
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Valley Services (NI) Limited Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
17,992
11,977
Other creditors
24,200
24,200
Loans from directors
(59,328)
(58,328)
Accruals
500
1,000
(16,636)
(21,151)
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1 Ordinary shares of £100 each
100
100
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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