Company Registration No. 09477451 (England and Wales)
Value Adage Limited
Unaudited accounts
for the year ended 31 March 2021
Value Adage Limited
Unaudited accounts
Contents
Value Adage Limited
Company Information
for the year ended 31 March 2021
Directors
Adam Swash
Catharine Swash
Company Number
09477451 (England and Wales)
Registered Office
69 High Street
Milton
Abingdon
Oxfordshire
OX14 4EJ
Accountants
Swash & Co
22 Post Office Lane
Wantage
Oxfordshire
OX12 8DR
Value Adage Limited
Statement of financial position
as at 31 March 2021
Cash at bank and in hand
5,890
4,523
Creditors: amounts falling due within one year
(23,766)
(27,595)
Net current (liabilities)/assets
(146)
1,237
Called up share capital
2
2
Profit and loss account
11
1,523
Shareholders' funds
13
1,525
For the year ending 31 March 2021 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered 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. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 5 May 2021 and were signed on its behalf by
Adam Swash
Director
Company Registration No. 09477451
Value Adage Limited
Notes to the Accounts
for the year ended 31 March 2021
Value Adage Limited is a private company, limited by shares, registered in England and Wales, registration number 09477451. The registered office is 69 High Street, Milton, Abingdon, Oxfordshire, OX14 4EJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
4 years
4
Tangible fixed assets
Total
5
Average number of employees
During the year the average number of employees was 2 (2020: 2).
