Valencia Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 02630200

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		448		597

			448		597
CURRENT ASSETS
Stocks	6	53,838		60,437
Debtors	7	3,616		11,087
Cash at bank and in hand		8,811		1,983

		66,265		73,507
Creditors: Amounts Falling Due Within One Year	8	(203,865 )		(210,581 )

NET CURRENT ASSETS (LIABILITIES)			(137,600 )		(137,074 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(137,152 )		(136,477 )

NET LIABILITIES			(137,152 )		(136,477 )

CAPITAL AND RESERVES
Called up share capital	9		1,000		1,000
Profit and Loss Account			(138,152 )		(137,477 )

SHAREHOLDERS' FUNDS			(137,152)		(136,477)

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Valencia Limited

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 the company was entitled to exemption from audit 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Trevor Boyden

Director

09/09/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Valencia Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02630200 . The registered office is The Cottage, 55 Dysart Avenue, Drayton, Portsmouth, Hampshire, PO6 2LY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets is goodwill. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. 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:

Leasehold	3 years straight line
Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance
Fixtures & Fittings	25% reducing balance

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 2)

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Valencia Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Intangible Assets

	Other
	£
Cost
As at 1 January 2025	90,000

As at 31 December 2025	90,000

Amortisation
As at 1 January 2025	90,000

As at 31 December 2025	90,000

Net Book Value
As at 31 December 2025	-

As at 1 January 2025	-

5. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 January 2025	5,146	4,632	9,778

As at 31 December 2025	5,146	4,632	9,778

Depreciation
As at 1 January 2025	4,826	4,355	9,181
Provided during the period	80	69	149

As at 31 December 2025	4,906	4,424	9,330

Net Book Value
As at 31 December 2025	240	208	448

As at 1 January 2025	320	277	597

6. Stocks

	2025	2024
	£	£
Finished goods	53,838	60,437

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	3,616	11,087

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Valencia Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	101,414	104,107
VAT	1,085	1,620
Other creditors	1,600	1,838
Directors' loan accounts	99,766	103,016

	203,865	210,581

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,000	1,000

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