REGISTERED NUMBER: 04537483 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

VALE COMMUNICATIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Boulden

J Pryce

SECRETARY:

Mrs T Pryce

REGISTERED OFFICE:

Parkgate House

33A Pratt Street

London

NW1 0BG

REGISTERED NUMBER:

04537483 (England and Wales)

ACCOUNTANTS:

Creasey Alexander & Co

Chartered Accountants

Parkgate House

33a Pratt Street

London

NW1 0BG

FIXED ASSETS

Intangible assets

4

61,543

-

Tangible assets

5

38,361

63,618

Investments

6

7,460

7,460

107,364

71,078

CURRENT ASSETS

Stocks

47,398

64,891

Debtors

7

158,211

176,639

Cash at bank

8,463

340

214,072

241,870

CREDITORS

Amounts falling due within one year

8

396,527

304,898

NET CURRENT LIABILITIES

(182,455

)

(63,028

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(75,091

)

8,050

CAPITAL AND RESERVES

Called up share capital

8

8

Retained earnings

(75,099

)

8,042

SHAREHOLDERS' FUNDS

(75,091

)

8,050

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 27 July 2026 and were signed on its behalf by:

G Boulden - Director

J Pryce - Director

1.	STATUTORY INFORMATION

VALE COMMUNICATIONS 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2025, is being amortised evenly over its estimated useful life of four years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost, 20% on cost and 10% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Fixed asset investment

This is shown at cost less any impairment losses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

82,058

At 31 October 2025

82,058

AMORTISATION

Charge for year

20,515

At 31 October 2025

20,515

NET BOOK VALUE

At 31 October 2025

61,543

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

and 31 October 2025

278,713

DEPRECIATION

At 1 November 2024

215,095

Charge for year

25,257

At 31 October 2025

240,352

NET BOOK VALUE

At 31 October 2025

38,361

At 31 October 2024

63,618

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 November 2024

and 31 October 2025

7,460

NET BOOK VALUE

At 31 October 2025

7,460

At 31 October 2024

7,460

During the year the company received nil dividends from Open Telecom Ltd.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

53,109

27,943

Amounts owed by associates

56,420

97,608

Other debtors

48,682

51,088

158,211

176,639

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade creditors

130,752

127,591

Taxation and social security

47,442

47,342

Other creditors

218,333

129,965

396,527

304,898