Valea Services UK Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 15269935

Valea Services UK Ltd

Filleted Financial Statements

31 December 2025

Valea Services UK Ltd

Statement of Financial Position

31 December 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	176,546	206,765

Current assets

Debtors	6	1,374,481	646,251
Cash at bank and in hand		614,658	100,961
		------------	---------
		1,989,139	747,212

Creditors: amounts falling due within one year	7	1,335,594	151,809
		------------	---------
Net current assets		653,545	595,403
		---------	---------
Total assets less current liabilities		830,091	802,168
		---------	---------
Net assets		830,091	802,168
		---------	---------

Capital and reserves

Called up share capital	800,001	800,001
Profit and loss account	30,090	2,167
	---------	---------
Shareholders funds	830,091	802,168
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements were approved by the board of directors and authorised for issue on 6 August 2026 , and are signed on behalf of the board by:

Ms A Bastis

Director

Company registration number: 15269935

Valea Services UK Ltd

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 5th Floor 3 Dering Street, London, W1S 1AA.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Motor vehicles	-	5 years to residual value

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2024: 2 ).

5. Tangible assets

	Motor vehicles
	£
Cost
At 1 January 2025 and 31 December 2025	256,674
	---------
Depreciation
At 1 January 2025	49,909
Charge for the year	30,219
	---------
At 31 December 2025	80,128
	---------
Carrying amount
At 31 December 2025	176,546
	---------
At 31 December 2024	206,765
	---------

6. Debtors

	2025	2024
	£	£
Trade debtors	865,908	524
Other debtors	508,573	645,727
	------------	---------
	1,374,481	646,251
	------------	---------

The debtors above include the following amounts falling due after more than one year:

	2025	2024
	£	£
Other debtors	12,563	–
	--------	----

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	364,468	81,184
Amounts owed to group undertakings and undertakings in which the company has a participating interest	220,000	–
Corporation tax	7,474	14,608
Social security and other taxes	64,453	10,941
Other creditors	679,199	45,076
	------------	---------
	1,335,594	151,809
	------------	---------

8. Summary audit opinion

The auditor's report dated 6 August 2026 was unqualified .

The senior statutory auditor was Gemma Palombo, MA (Hons), CA , for and on behalf of Ritsons .

9. Related party transactions

The company has taken advantage of the FRS 102 1AC.35 exemption available to those subsidiaries that are 100% owned. Accordingly, disclosure is not made of any related party transactions with the 100% group companies. At 31 December 2025 the company was due £ 257,857 to (2024 was due £52,482 from) the ultimate controlling party . This loan is unsecured, interest free and has no definite terms of repayment.

10. Ethical standards

In common with many other businesses of our size and nature we use our auditors to assist with the preparation of the financial statements.

11. Controlling party

The company is a 100% subsidiary of Valea Group AG , a company registered in Liechtenstein. Valea Group AG is a 100% subsidiary of Valea Foundation , an entity registered in Liechtenstein with the registered address c/o Legacon Treuhand Anstalt, Landstrasse 99, 9494, Schaan, LI-07, Liechtenstein . Valea Foundation is the ultimate controlling entity, the designated beneficiary of the Valea Foundation is Mr K Komarek .