VALEFRESCO_HOLDINGS_LIMIT - Accounts


Company Registration No. 05954084 (England and Wales)
VALEFRESCO HOLDINGS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 23 DECEMBER 2021
PAGES FOR FILING WITH REGISTRAR
VALEFRESCO HOLDINGS LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
VALEFRESCO HOLDINGS LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT 23 DECEMBER 2021
23 December 2021
- 1 -
2021
2020
Notes
£
£
£
£
Non-current liabilities
3
(49,129)
(49,129)
Net liabilities
(49,129)
(49,129)
Equity
Called up share capital
120
120
Retained earnings
(49,249)
(49,249)
Total equity
(49,129)
(49,129)

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 23 December 2021 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 2 April 2022 and are signed on its behalf by:
Mr O V Pilade
Director
Company Registration No. 05954084
VALEFRESCO HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 23 DECEMBER 2021
- 2 -
1
Accounting policies
Company information

Valefresco Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is Laurels Road, Offenham, Evesham, Worcestershire, United Kingdom, WR11 8RE.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

These financial statements are prepared on the going concern basis. The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future. The directors have agreed to provide financial support the company to meet obligations as they fall due.

1.3
Income statement

The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Income statement is presented in these financial statements.

1.4
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2021
2020
Number
Number
Total
4
4
3
Non-current liabilities
2021
2020
£
£
Other payables
49,129
49,129
VALEFRESCO HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 23 DECEMBER 2021
- 3 -
4
Related Party Disclosures

At the balance sheet date the company owed £31,463 (2020 - £31,463) to Valefresco Limited, a connected company.

 

The directors of Valefresco Holdings Limited hold a beneficial interest in Valefresco Limited.

 

The loan is on an interest free basis with no fixed date of repayment.

5
Directors' transactions

At the balance sheet date the directors were owed £17,666 (2020: £17,666). The loan was provided on an interest free basis with no fixed date of repayment.

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