REGISTERED NUMBER:
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ABBREVIATED UNAUDITED ACCOUNTS |
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FOR THE YEAR ENDED 31 JANUARY 2016 |
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VALIDHIRST LTD |
REGISTERED NUMBER:
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ABBREVIATED UNAUDITED ACCOUNTS |
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FOR THE YEAR ENDED 31 JANUARY 2016 |
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FOR |
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VALIDHIRST LTD |
VALIDHIRST LTD (REGISTERED NUMBER: 02975584) |
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CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 JANUARY 2016 |
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Company Information | 1 |
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Abbreviated Balance Sheet | 2 |
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Notes to the Abbreviated Accounts | 3 |
VALIDHIRST LTD |
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COMPANY INFORMATION |
FOR THE YEAR ENDED 31 JANUARY 2016 |
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DIRECTORS: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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BANKERS: |
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VALIDHIRST LTD (REGISTERED NUMBER: 02975584) |
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ABBREVIATED BALANCE SHEET |
31 JANUARY 2016 |
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2016 | 2015 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
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CURRENT ASSETS |
Stocks |
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Debtors |
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Cash at bank |
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CREDITORS |
Amounts falling due within one year |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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PROVISIONS FOR LIABILITIES |
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NET ASSETS |
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CAPITAL AND RESERVES |
Called up share capital | 3 |
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Profit and loss account |
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SHAREHOLDERS' FUNDS |
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The directors acknowledge their responsibilities for: |
(a) |
ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and |
(b) |
preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
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The financial statements were approved by the Board of Directors on
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VALIDHIRST LTD (REGISTERED NUMBER: 02975584) |
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NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 JANUARY 2016 |
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1. | ACCOUNTING POLICIES |
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Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance with the |
Financial Reporting Standard for Smaller Entities (effective January 2015). |
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Turnover |
Turnover represents the net invoiced sales of services, excluding value added tax, except in respect of service |
contracts where turnover is recognised when the company obtains the right to consideration based on the extent |
to which work has been performed. |
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Tangible fixed assets |
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Fixtures and fittings | - |
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Motor vehicles | - |
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Computer equipment | - |
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Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
moving items. |
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Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
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Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
scheme are charged to the profit and loss account in the period to which they relate. |
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2. | TANGIBLE FIXED ASSETS |
Total |
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COST |
At 1 February 2015 |
and 31 January 2016 |
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DEPRECIATION |
At 1 February 2015 |
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Charge for year |
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At 31 January 2016 |
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NET BOOK VALUE |
At 31 January 2016 |
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At 31 January 2015 |
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VALIDHIRST LTD (REGISTERED NUMBER: 02975584) |
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NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 31 JANUARY 2016 |
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3. | CALLED UP SHARE CAPITAL |
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On 1 December 2015, a Special Resolution was passed and form SH08 duly signed reclassifying the 2 issued |
Ordinary voting shares of £1 each into 1 "A" Ordinary voting share of £1 each and 1 "B" Ordinary voting share |
of £1 each. |
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As a result of the reclassification the Ordinary shares were cancelled. |
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Any dividend payable on any class of share shall be decided at the discretion of the directors or shareholders of |
the company, may vary from time to time and may be payable on one class of share only or any class of share as |
may be. |
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Save as mentioned above, the "A" and "B" Ordinary voting shares rank pari passu with each other in every |
respect. |
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4. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
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The following advances and credits to directors subsisted during the years ended 31 January 2016 and |
31 January 2015: |
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2016 | 2015 |
£ | £ |
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Balance outstanding at start of year |
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Amounts advanced |
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Amounts repaid | ( |
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Balance outstanding at end of year |
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Balance outstanding at start of year |
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Amounts advanced |
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Amounts repaid | ( |
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Balance outstanding at end of year |
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The following loans directors' loans were repaid in full within 9 months of the year end. |
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5. | ULTIMATE CONTROLLING PARTY |
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The company is controlled by the directors,
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