VALUE RENEWABLES LTD


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Company Registration No. 12954836 (England and Wales)
VALUE RENEWABLES LTD Unaudited accounts for the year ended 31 October 2022
VALUE RENEWABLES LTD Unaudited accounts Contents
Page
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VALUE RENEWABLES LTD Company Information for the year ended 31 October 2022
Director
Alp Karli
Company Number
12954836 (England and Wales)
Registered Office
11a Heath Drive Flat 2 (First Floor) London NW3 7SN England
Accountants
Aidhan and Partners Simply Accountants Ltd 8 Devonshire Square London EC2M 4PL
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VALUE RENEWABLES LTD Statement of financial position as at 31 October 2022
2022 
2021 
Notes
£ 
£ 
Current assets
Debtors
154,580 
32,961 
Cash at bank and in hand
107 
819 
154,687 
33,780 
Creditors: amounts falling due within one year
- 
(98,177)
Net current assets/(liabilities)
154,687 
(64,397)
Total assets less current liabilities
154,687 
(64,397)
Creditors: amounts falling due after more than one year
(223,799)
- 
Net liabilities
(69,112)
(64,397)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(70,112)
(65,397)
Shareholders' funds
(69,112)
(64,397)
For the year ending 31 October 2022 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 and authorised for issue on 26 July 2023 and were signed on its behalf by
Alp Karli Director Company Registration No. 12954836
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VALUE RENEWABLES LTD Notes to the Accounts for the year ended 31 October 2022
1
Statutory information
VALUE RENEWABLES LTD is a private company, limited by shares, registered in England and Wales, registration number 12954836. The registered office is 11a Heath Drive Flat 2 (First Floor), London, NW3 7SN, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The financial statements have been prepared on a going concern basis due to the continued support of its directors and shareholders.
4
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Other debtors
195 
541 
Amounts falling due after more than one year
154,385 
32,420 
5
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade creditors
- 
2,914 
Other creditors
- 
78,037 
Loans from directors
- 
17,226 
- 
98,177 
6
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Amounts owed to group undertakings and other participating interests
146,685 
- 
Other creditors
55,537 
- 
Loans from directors
21,577 
- 
223,799 
- 
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VALUE RENEWABLES LTD Notes to the Accounts for the year ended 31 October 2022
7
Share capital
2022 
2021 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
8
Average number of employees
During the year the average number of employees was 1 (2021: 1).
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