Valebank Limited - Period Ending 2022-11-30

Valebank Limited

Contents

Company Information	1
Directors' Report	2
Accountants' Report	3
Balance Sheet	4 to 5
Notes to the Unaudited Financial Statements	4

Valebank Limited

Company Information

Directors

Mrs S Crummy Mr Harry Crummy

Registered office

OFFICE 6A 1ST FLOOR POPIN BUSINESS CENTRE SOUTH WAY WEMBLEY MIDDLESEX HA9 0HF

Accountants

Jani Taylor Associates Limited Chartered Accountants, Advocates and Business Advisers Office 6a Popin Business Centre South Way London HA9 0HF

Valebank Limited

Directors' Report for the Year Ended 30 November 2022

The directors present their report and the financial statements for the year ended 30 November 2022.

This report has been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.

Directors of the company

The directors who held office during the year were as follows:

Mrs S Crummy

Mr Harry Crummy

Going concern

The financial statements have been prepared on a historical cost basis. The company has ceased trading. The directors are considering dissolution of the company.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 24 January 2023 and signed on its behalf by:
 

......................................... Mr Harry Crummy Director

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Valebank Limited
for the Year Ended 30 November 2022

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Valebank Limited for the year ended 30 November 2022 as set out on pages 4 to 5 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Valebank Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Valebank Limited and state those matters that we have agreed to state to the Board of Directors of Valebank Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Valebank Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Valebank Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Valebank Limited. You consider that Valebank Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Valebank Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Jani Taylor Associates Limited
Chartered Accountants, Advocates and Business Advisers
Office 6a Popin Business Centre
South Way
London
HA9 0HF

24 January 2023

Valebank Limited

(Registration number: 07069177)
Balance Sheet as at 30 November 2022

	2022 £	2021 £
Fixed assets	217	291
Current assets	199	142
Creditors: Amounts falling due within one year	(4,462)	(3,547)
Net current liabilities	(4,263)	(3,405)
Total assets less current liabilities	(4,046)	(3,114)
Accruals and deferred income	(750)	(600)
	(4,796)	(3,714)
Capital and reserves	(4,796)	(3,714)

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
OFFICE 6A 1ST FLOOR
POPIN BUSINESS CENTRE SOUTH WAY
WEMBLEY
MIDDLESEX
HA9 0HF
United Kingdom

These financial statements were authorised for issue by the Board on 24 January 2023.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2021 - 2).

For the financial year ending 30 November 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Valebank Limited

(Registration number: 07069177)
Balance Sheet as at 30 November 2022

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the Board on 24 January 2023 and signed on its behalf by:
 

......................................... Mrs S Crummy Director

......................................... Mr Harry Crummy Director