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Company Registration No. 15061800 (England and Wales)
VALENTINES NEWPORT LTD
Financial Statements
for the Period from 01 December 2024 to 30 November 2025

VALENTINES NEWPORT LTD

Financial Statements for the period ending 30 November 2025

CONTENTS PAGE
Company Information 2
Statement of Financial Position 3
Notes to the Accounts 4
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VALENTINES NEWPORT LTD

Financial Statements for the period ending 30 November 2025

Company Information

Company Details
Company Number 15061800
Registered Office 27 FURNIVAL STREET
LONDON
EC4A 1JQ
Directors
Directors who held office during the period were:
Magnus GUNDERSEN   
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VALENTINES NEWPORT LTD

Financial Statements for the period ending 30 November 2025

Statement of Financial Position

1234567
Notes 2025 2024
£ £
Fixed Assets
Tangible assets 5 - 24,467
Current Assets
Debtors due 1,593 42,635
Cash at bank and in hand 3,264 1,339
4,857 43,974
Creditors
Amount falling due within one year (291,029) (172,242)
Net Current Assets (286,172) (128,268)
Total Assets less current liabilities (286,172) (103,801)
Net Assets (286,172) (103,801)
Capital and Reserves
Called up Share Capital 100 100
Share Premium Account 1 1
Retained earnings at end of year (286,273) (103,902)
Shareholder funds (286,172) (103,801)
For the year ending 30/11/2025 the company was entitled to exemption 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared 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.
Approved by the Board on 28 August 2026
Magnus Gundersen
Company Registration No. 15061800
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VALENTINES NEWPORT LTD

Financial Statements for the period ending 30 November 2025

Notes to the Accounts

1. Statutory Information
VALENTINES NEWPORT LTD is a private company, limited by shares, registered in England and Wales, registration number 15061800.
2. Accounting Policies
Basis of preparing the Financial Statements
The financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.The financial statements have been prepared on a basis other than that of a going concern. Following the period end, the company ceased all trading operations and and the directors intend to wind up the affairs of the company.Consequently, the financial statements have been prepared on a break-up basis. Under this basis of preparation, the carrying values of assets have been adjusted to their estimated net realisable values, no deferred tax assets are recognised, and provision has been made for all known liabilities arising from the cessation of trade.
Presentation Currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value of food and beverages sold during the period, excluding value added tax, and is recognised at the point of sale.
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VALENTINES NEWPORT LTD

Financial Statements for the period ending 30 November 2025

Notes to the Accounts

Tangible Fixed Asset Policy
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:Office Equipment 25% Reducing balance Computer Equipment 25% Reducing balance Leasehold Improvements 25% Reducing balance Following the decision to cease trading operations, the carrying values of tangible fixed assets were reviewed for impairment on a break-up basis. All assets with no expected future economic value or realisable amount have been fully impaired and written down to nil, with the exception of specific assets identified for sale, which are stated at their estimated net realisable value. Impairment losses arising from cessation are recognised within operating profit/loss for the period.
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VALENTINES NEWPORT LTD

Financial Statements for the period ending 30 November 2025

Notes to the Accounts

3. Employees
Average number of employees, including directors, during the year was as follows:
2025 8
2024 8
4. Principal Activity
The principal activity of the company during the period was the operation of a restaurant / cafe.
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VALENTINES NEWPORT LTD

Financial Statements for the period ending 30 November 2025

Notes to the Accounts

5. Fixed Assets
Plant and Machinery Fixtures and Fittings Computer Equipment Total
Cost or valuation £ £ £ £
At 01/12/2024 4,663 32,968 330 37,961
Additions 828 - 149 977
Disposals - - (127) (127)
At 30/11/2025 5,491 32,968 352 38,811
Depreciation
At 01/12/2024 1,219 12,130 145 13,494
Charge for the year 4,272 20,838 207 25,317
At 30/11/2025 5,491 32,968 352 38,811
Net Book Value
At 30/11/2025 - - - -
At 30/11/2024 3,444 20,838 185 24,467
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