REGISTERED NUMBER: 01608676 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Valley Engraving Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R L Dawson

Mr N R Dawson

Mr L Dawson

Mrs J G Gowen

SECRETARY:

Mrs J G Gowen

REGISTERED OFFICE:

Unit 4 Players Industrial Est

Clydach

SWANSEA

SA6 5BQ

REGISTERED NUMBER:

01608676 (England and Wales)

ACCOUNTANTS:

Ashmole & Co

151 Windsor Road

NEATH

SA11 1NU

FIXED ASSETS

Tangible assets

4

43,966

33,479

CURRENT ASSETS

Stocks

25,042

18,471

Debtors

5

80,207

77,431

Cash at bank and in hand

5,229

41,022

110,478

136,924

CREDITORS

Amounts falling due within one year

6

84,912

83,212

NET CURRENT ASSETS

25,566

53,712

TOTAL ASSETS LESS CURRENT LIABILITIES

69,532

87,191

CREDITORS

Amounts falling due after more than one year

7

(11,439

)

(3,000

)

PROVISIONS FOR LIABILITIES

(8,354

)

(6,361

)

NET ASSETS

49,739

77,830

CAPITAL AND RESERVES

Called up share capital

8

210

210

Share premium

9

9,990

9,990

Retained earnings

9

39,539

67,630

SHAREHOLDERS' FUNDS

49,739

77,830

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 7 September 2026 and were signed on its behalf by:

Mrs J G Gowen - Director

1.	STATUTORY INFORMATION

Valley Engraving 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.

Turnover

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

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

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2025 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Land &

Plant and

Motor

buildings

machinery

vehicles

Totals

£

£

£

£

COST

At 1 April 2025

9,992

306,775

30,138

346,905

Additions

-

17,500

-

17,500

At 31 March 2026

9,992

324,275

30,138

364,405

DEPRECIATION

At 1 April 2025

9,992

280,502

22,932

313,426

Charge for year

-

5,572

1,441

7,013

At 31 March 2026

9,992

286,074

24,373

320,439

NET BOOK VALUE

At 31 March 2026

-

38,201

5,765

43,966

At 31 March 2025

-

26,273

7,206

33,479

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

47,793

50,055

Amounts recoverable on contracts

11,064

5,391

Other debtors

350

350

Directors' current accounts

20,112

20,868

Prepayments

888

767

80,207

77,431

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

4,373

18,000

Hire purchase contracts

5,720

-

Trade creditors

19,974

22,612

Tax

54

746

Social security and other taxes

6,374

7,554

VAT

17,519

14,934

Other creditors

28,941

17,482

Accrued expenses

1,957

1,884

84,912

83,212

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

3,000

Hire purchase contracts

11,439

-

11,439

3,000

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

200

Ordinary

£1

200

200

10

A Ordinary

£1

10

10

210

210

9.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 1 April 2025

67,630

9,990

77,620

Deficit for the year

(27,452

)

(27,452

)

Dividends

(639

)

(639

)

At 31 March 2026

39,539

9,990

49,529