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Registered number: 06256440
Valuelabs (UK) Ltd
Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—6
Page 1
Balance Sheet
Registered number: 06256440
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 22,361 34,159
22,361 34,159
CURRENT ASSETS
Debtors 6 3,380,706 2,182,150
Investments 7 153,467 147,979
Cash at bank and in hand 1,097,806 1,275,609
4,631,979 3,605,738
Creditors: Amounts Falling Due Within One Year 8 (3,393,504 ) (2,625,825 )
NET CURRENT ASSETS (LIABILITIES) 1,238,475 979,913
TOTAL ASSETS LESS CURRENT LIABILITIES 1,260,836 1,014,072
NET ASSETS 1,260,836 1,014,072
CAPITAL AND RESERVES
Called up share capital 9 65,002 65,002
Profit and Loss Account 1,195,834 949,070
SHAREHOLDERS' FUNDS 1,260,836 1,014,072
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.
The financial statements were approved by the board of directors on 8 October 2026 and were signed on its behalf by:
Stephen Joseph
Director
8 October 2026
The notes on pages 2 to 6 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
ValueLabs (UK) Ltd (the company) is a private company limited by shares. It is registered in England and Wales. The address of the registered office is Harrow Serviced Office Ltd, 79 College Road, Harrow, Middlesex, HA1 1BD.
The company's principal activity continues to be that of technology management and innovation of latest technology from end to end. 
2. Statement of Compliance
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.
3. Accounting Policies
3.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention.
3.2. Going Concern Disclosure
In preparing the financial statements, the directors have taken into account all the information that could reasonably be expected to be available together with their continued support.
On this basis, the financial statements have been prepared by using the going concern basis of accounting because there are no material uncertainties related to events and conditions that may cast significant doubt about the ability of the company to continue as a going concern.
3.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the services provided is recognised when the significant risks and rewards have transferred to the buyer, which typically occurs as the services are rendered and project milestones are achieved. The amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the
costs incurred or to be incurred in respect of the transactions can be measured reliably.
3.4. Tangible Fixed Assets and Depreciation
Tangible assets are initially recorded at cost, and are 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 capital and reserves, 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 capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves 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 of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant & Machinery 5 years
Fixtures & Fittings 5 years
Computer Equipment 3 years
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3.5. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company’s balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset and the net amounts presented in the financial statements whenthere is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a netbasis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured attransaction price including transaction costs and are subsequently carried at amortised cost using the effectiveinterest method unless the arrangement constitutes a financing transaction, where the transaction ismeasured at the present value of the future receipts discounted at a market rate of interest. Financial assetsclassified as receivable within one year are not
amortised.
Impairment of financial assets
Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment
at each reporting end date. Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the presentvalue of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss. If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does notexceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.
Derecognition of financial assets
Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has
transferred to another party that is able to sell the asset in its entirety to an unrelated third party.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow company companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted
at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements
entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
3.6. Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, 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.
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3.7. 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 in finance costs in profit or loss in the period in which it arises.
3.8. Judgments and key sources of estimation uncertainity
Judgements and key sources of estimation uncertainty
In the application of the company's accounting policies, the directors are required to make judgements, estimates, and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.
Key Judgements
The following are the key judgements, apart from those involving estimations, that the directors have made in the process of applying the company's accounting policies and that have the most significant effect on the amounts recognised in the financial statements.
Revenue Recognition:
Management exercises judgement in determining when the significant risks and rewards of ownership have transferred to the buyer for technology management services. This is judged to occur as services are rendered and project milestones, as defined in the client contracts, are achieved.
Related Party Transactions:
Management has judged that all transactions with related parties, as disclosed in Note 9, have been conducted on an arm's length basis, reflecting terms equivalent to those that prevail in transactions with unrelated parties.
Key Sources of Estimation Uncertainty
The key assumptions concerning the future, and other key sources of estimation uncertainty at the reporting date, that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year, are described below.
Debtors:
The company assesses the recoverability of its trade debtors, which includes significant amounts owed by group undertakings. This requires an estimation of the credit losses based on historical experience, the financial position of the debtors, and forward-looking economic conditions.
3.9. Cash and cash equivalents
Cash and cash equivalents comprise cash in hand, bank balances and short-term highly liquid investments with an original maturity of three months or less from the date of acquisition. Fixed deposits with an original maturity of more than three months are classified as other current assets.
4. Average Number of Employees
The average number of persons employed by the company during the yeare were 36 (2025: 17)
36 17
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5. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 April 2025 49,996
Additions 820
As at 31 March 2026 50,816
Depreciation
As at 1 April 2025 15,837
Provided during the period 12,618
As at 31 March 2026 28,455
Net Book Value
As at 31 March 2026 22,361
As at 1 April 2025 34,159
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 3,174,540 2,051,278
Amounts owed by participating interests 5,151 4,838
Other debtors 201,015 126,034
3,380,706 2,182,150
7. Current Asset Investments
2026 2025
£ £
Short term deposits 153,467 147,979
8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 8,029 18,244
Other taxes and social security 751,012 770,408
Other creditors 202,193 374,171
Amounts owed to other participating interests 1,693,456 1,403,802
Advance from customers 738,814 59,200
3,393,504 2,625,825
9. Share Capital
2026 2025
Allotted, called up and fully paid £ £
65,002 Ordinary Shares of £ 1.00 each 65,002 65,002
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10. Related Party Disclosures
During the year the company entered into the following transactions with related parties:
Transaction Value
Balance owed by/(owed to)
2025-26
2024-25
31 March 2026
31 March 2025
£
£
£
£
VL Consulting DWC LLC
11,922,234
9,539,098
(1,693,456)
(1,403,802)
VLIT Services BV
63,501
(5,357)
5,151
4,838
At the year end, the company was owed a net balance of £5,151 (31 March 2025 - £4,838) from and a net balance of £1,693,456 (31 March 2025 - £1,403,802) to various companies within the group. There are no other related party transactions other than the ones disclosed above.
11. Controlling Parties
The immediate parent company, ValueLabs Global Solutions Pte Ltd, is regarded by the directors as the company's ultimate controlling party.
Ultimate parent undertaking
The company's immediate parent company is ValueLabs Global Solutions Pte Ltd, by virtue of their 100% holding. ValueLabs Global Solutions Pte Ltd is a company registered in Singapore whose ultimate parent company is ValueLabs LLP. a limited liability partnership registered in India.
12. Comparative figures
The comparative figures have been reclassified, wherever necessary, to conform the current year’s presentation and comparability between the current and prior year figures. These reclassifications have no impact on the previously reported total assets, total liabilities, net assets or profit for the year.
13. Audit Information
The auditor's report on the accounts of Valuelabs (UK) Ltd for the year ended 31 March 2026 was unqualified.
The auditor's report was signed by Devender Arora, FCA (Senior Statutory Auditor) for and on behalf of The Corporate Practice Limited , Statutory Auditor.
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