Valencia Homes Limited 05477465 false 2024-07-01 2025-06-30 2025-06-30 The principal activity of the company is that of property development and allied services. Digita Accounts Production Advanced 6.30.9574.0 true 05477465 2024-07-01 2025-06-30 05477465 2025-06-30 05477465 bus:OrdinaryShareClass1 2025-06-30 05477465 bus:OrdinaryShareClass2 2025-06-30 05477465 core:RetainedEarningsAccumulatedLosses 2025-06-30 05477465 core:RevaluationReserve 2025-06-30 05477465 core:ShareCapital 2025-06-30 05477465 core:CurrentFinancialInstruments 2025-06-30 05477465 core:CurrentFinancialInstruments core:WithinOneYear 2025-06-30 05477465 core:FurnitureFittingsToolsEquipment 2025-06-30 05477465 core:MotorVehicles 2025-06-30 05477465 bus:SmallEntities 2024-07-01 2025-06-30 05477465 bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 05477465 bus:FilletedAccounts 2024-07-01 2025-06-30 05477465 bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 05477465 bus:RegisteredOffice 2024-07-01 2025-06-30 05477465 bus:Director1 2024-07-01 2025-06-30 05477465 bus:OrdinaryShareClass1 2024-07-01 2025-06-30 05477465 bus:OrdinaryShareClass2 2024-07-01 2025-06-30 05477465 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 05477465 core:FurnitureFittings 2024-07-01 2025-06-30 05477465 core:FurnitureFittingsToolsEquipment 2024-07-01 2025-06-30 05477465 core:MotorVehicles 2024-07-01 2025-06-30 05477465 countries:EnglandWales 2024-07-01 2025-06-30 05477465 2024-06-30 05477465 core:FurnitureFittingsToolsEquipment 2024-06-30 05477465 core:MotorVehicles 2024-06-30 05477465 2023-07-01 2024-06-30 05477465 2024-06-30 05477465 bus:OrdinaryShareClass1 2024-06-30 05477465 bus:OrdinaryShareClass2 2024-06-30 05477465 core:RetainedEarningsAccumulatedLosses 2024-06-30 05477465 core:RevaluationReserve 2024-06-30 05477465 core:ShareCapital 2024-06-30 05477465 core:CurrentFinancialInstruments 2024-06-30 05477465 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 05477465 core:FurnitureFittingsToolsEquipment 2024-06-30 05477465 core:MotorVehicles 2024-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 05477465

Valencia Homes Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 June 2025

Valencia Homes Limited

Contents

Balance Sheet | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 8

Valencia Homes Limited

Registration number: 05477465
Balance Sheet as at 30 June 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 6,440 | 5,146
Investment property | 5 | 120,000 | 120,000
|  | 126,440 | 125,146
Current assets |  |  |
Stocks |  | 500 | 500
Debtors | 6 | 3,157 | 2,833
Cash at bank and in hand |  | 1,923 | 16,444
|  | 5,580 | 19,777
Creditors: Amounts falling due within one year | 7 | (9,533) | (8,193)
Net current (liabilities)/assets |  | (3,953) | 11,584
Total assets less current liabilities |  | 122,487 | 136,730
Provisions for liabilities |  | 1,577 | 710
Net assets |  | 124,064 | 137,440
Capital and reserves |  |  |
Called up share capital | 8 | 100 | 100
Revaluation reserve |  | 3,730 | 3,730
Retained earnings |  | 120,234 | 133,610
Shareholders' funds |  | 124,064 | 137,440

The director's statements required by sections 475 (2) and (3) are shown on the following page which forms part of this Balance Sheet.

Valencia Homes Limited

Registration number: 05477465
Balance Sheet as at 30 June 2025 (continued)

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 12 May 2026

G M Florence Director |  |

Valencia Homes Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
5 Market Place
Wymondham
Norfolk
NR18 0AG
England

The principal place of business is:
Dairy Barn
White Lodge Farm
Hardingham Road
Hingham
Norfolk
NR9 4LY
United Kingdom

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

Valencia Homes Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

2 | Accounting policies (continued)

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Valencia Homes Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

2 | Accounting policies (continued)

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Fixtures, fittings and equipment | 25% reducing balance
Motor vehicles | 25% reducing balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Stocks

Stock is valued at the lower of cost or net realisable value

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

Valencia Homes Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

4 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 July 2024 | 4,160 | 10,000 | 14,160
Additions | 3,441 | - | 3,441
At 30 June 2025 | 7,601 | 10,000 | 17,601
Depreciation
At 1 July 2024 | 3,145 | 5,869 | 9,014
Charge for the year | 1,114 | 1,033 | 2,147
At 30 June 2025 | 4,259 | 6,902 | 11,161
Carrying amount
At 30 June 2025 | 3,342 | 3,098 | 6,440
At 30 June 2024 | 1,015 | 4,131 | 5,146

5 | Investment properties

| 2025 £
At 1 July | 120,000
At 30 June | 120,000

The investment properties have been valued at fair value by the director on 30th June 2025. The estimate is the director's assessment of the current market value of the investment properties using online data and statistics from property websites.

Valencia Homes Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

6 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 1,470 | 1,146
Other debtors | 1,687 | 1,687
| 3,157 | 2,833

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Trade creditors |  | 3,431 | 6,497
Director's loan account |  | 4,672 | 135
Taxation and social security |  | - | 194
Other creditors |  | 1,430 | 1,367
|  | 9,533 | 8,193

Valencia Homes Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary A shares of £1 each | 50 | 50 | 50 | 50
Ordinary B shares of £1 each | 50 | 50 | 50 | 50
| 100 | 100 | 100 | 100