Vala Ventures Ltd - Filleted accounts

Registered number

12740638

Vala Ventures Ltd

Unaudited Filleted Accounts

31 March 2026

Vala Ventures Ltd
Registered number:		12740638
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		33,329			-

Current assets
Debtors	4	8,056			573
Cash at bank and in hand		155,132			175,488
		163,188			176,061

Creditors: amounts falling due within one year	5	(81,174)			(111,770)

Net current assets			82,014			64,291

Net assets			115,343			64,291

Capital and reserves
Called up share capital			100			100
Profit and loss account			115,243			64,191

Shareholder's funds			115,343			64,291

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Valerie Katharina Mocker
Director
Approved by the board on 23 June 2026

Vala Ventures Ltd
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor vehicles	over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		1		1


3	Tangible fixed assets
					Motor vehicles
£
	Cost
	Additions				33,329
	At 31 March 2026				33,329

	Depreciation
	At 31 March 2026				-

	Net book value
	At 31 March 2026				33,329


4	Debtors		2026		2025
£				£

	Trade debtors		1,470		-
	Other debtors		6,586		573
			8,056		573


5	Creditors: amounts falling due within one year		2026		2025
£				£

	Trade creditors		14		8
	Taxation and social security costs		15,732		32,266
	Other creditors		65,428		79,496
			81,174		111,770


6	Other information

	Vala Ventures Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	10 Prestwich Place
	Oxford
	OX2 0ED