LB Ventures Limited 07900124 false 2022-02-01 2023-01-31 2023-01-31 The principal activity of the company is commission agents Digita Accounts Production Advanced 6.30.9574.0 true 07900124 2022-02-01 2023-01-31 07900124 2023-01-31 07900124 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 07900124 bus:Micro-entities 2022-02-01 2023-01-31 07900124 bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 07900124 bus:FullAccounts 2022-02-01 2023-01-31 07900124 bus:SmallCompaniesRegimeForAccounts 2022-02-01 2023-01-31 07900124 bus:RegisteredOffice 2022-02-01 2023-01-31 07900124 bus:Director1 2022-02-01 2023-01-31 07900124 bus:Director2 2022-02-01 2023-01-31 07900124 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 07900124 bus:Agent1 2022-02-01 2023-01-31 07900124 countries:England 2022-02-01 2023-01-31 07900124 2021-02-01 2022-01-31 07900124 2022-01-31 07900124 core:CurrentFinancialInstruments core:WithinOneYear 2022-01-31 iso4217:GBP xbrli:pure

Registration number: 07900124

LB Ventures Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 January 2023

 

LB Ventures Limited

Contents

Company Information

1

Accountants' Report

2

Profit and Loss Account

3

Balance Sheet

4 to 5

Notes to the Unaudited Financial Statements

4

 

LB Ventures Limited

Company Information

Directors

Mr Julian Leese

Mrs Luxmaounce Boonprasopthanachote

Registered office

338 Booth Lane
Middlewich
Cheshire
CW10 0HB

Accountants

HH Accounts & Tax Services Limited
2 Brentmoor Road
Bramhall
Stockport
Cheshire
SK7 3PT

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
LB Ventures Limited
for the Year Ended 31 January 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of LB Ventures Limited for the year ended 31 January 2023 as set out on pages 3 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 LB Ventures 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 LB Ventures Limited and state those matters that we have agreed to state to the Board of Directors of LB Ventures 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 LB Ventures Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that LB Ventures 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 LB Ventures Limited. You consider that LB Ventures 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 LB Ventures 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.

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

HH Accounts & Tax Services Limited
2 Brentmoor Road
Bramhall
Stockport
Cheshire
SK7 3PT

25 October 2023

 

LB Ventures Limited

Profit and Loss Account for the Year Ended 31 January 2023

2023
£

2022
£

Turnover

-

31,500

Cost of raw materials and consumables

-

-

Staff costs

(11,001)

(7,970)

Other charges

(790)

(24,272)

Loss for the year

(11,791)

(742)

 

LB Ventures Limited

(Registration number: 07900124)
Balance Sheet as at 31 January 2023

2023
£

2022
£

Fixed assets

1

1

Current assets

487,104

482,316

Creditors: Amounts falling due within one year

(405,544)

(388,965)

Net current assets

81,560

93,351

Total assets less current liabilities

81,561

93,352

Accruals and deferred income

(94,860)

(94,860)

 

(13,299)

(1,508)

Capital and reserves

(13,299)

(1,508)

1

General information

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

The address of its registered office is:
338 Booth Lane
Middlewich
Cheshire
CW10 0HB

These financial statements were authorised for issue by the Board on 25 October 2023.

Basis of preparation

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

For the financial year ending 31 January 2023 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.

 

LB Ventures Limited

(Registration number: 07900124)
Balance Sheet as at 31 January 2023

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 25 October 2023 and signed on its behalf by:
 

.........................................
Mrs Luxmaounce Boonprasopthanachote
Director