VENTURE MEDICAL (UK) LTD

Company Registration Number:
SC403088 (Scotland)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

VENTURE MEDICAL (UK) LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

VENTURE MEDICAL (UK) LTD

Company Information

for the Period Ended 31 March 2023




Director: Mr Craig A Borthwick
Registered office: 3
Kingsley Court
Uddingston
Glasgow
G71 6QH
Company Registration Number: SC403088 (Scotland)

VENTURE MEDICAL (UK) LTD

Directors' Report Period Ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Principal Activities

Training and Expeditions

Directors

The directors shown below have held office during the whole of the period from 01 April 2022 to 31 March 2023
Mr Craig A Borthwick

This report was approved by the board of directors on 25 October 2023
And Signed On Behalf Of The Board By:

Name: Mr Craig A Borthwick
Status: Director

VENTURE MEDICAL (UK) LTD

Profit and Loss Account

for the Period Ended 31 March 2023


Notes

2023
£

2022
£
Turnover 28,580 43,688
Cost of sales ( 21,865 ) ( 21,621 )
Gross Profit or (Loss) 6,715 22,067
Administrative Expenses ( 8,246 ) ( 9,165 )
Operating Profit or (Loss) ( 1,531 ) 12,902
Profit or (Loss) Before Tax ( 1,531 ) 12,902
Profit or (Loss) for Period ( 1,531 ) 12,902

The notes form part of these financial statements

VENTURE MEDICAL (UK) LTD

Balance sheet

As at 31 March 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 4,778 5,534
Total fixed assets: 4,778 5,534
Current assets
Cash at bank and in hand: 2,548 9,702
Total current assets: 2,548 9,702
Creditors: amounts falling due within one year: 5 ( 1,336 ) ( 7,712 )
Net current assets (liabilities): 1,212 1,990
Total assets less current liabilities: 5,990 7,524
Total net assets (liabilities): 5,990 7,524

The notes form part of these financial statements

VENTURE MEDICAL (UK) LTD

Balance sheet continued

As at 31 March 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 5,890 7,424
Shareholders funds: 5,990 7,524

For the year ending 31 March 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 25 October 2023
And Signed On Behalf Of The Board By:

Name: Mr Craig A Borthwick
Status: Director

The notes form part of these financial statements

VENTURE MEDICAL (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

VENTURE MEDICAL (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

VENTURE MEDICAL (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

VENTURE MEDICAL (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible assets

Fixtures & fittings Office equipment Total
Cost £ £ £
At 01 April 2022 368 12,829 13,197
Additions - 1,433 1,433
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 March 2023 368 14,262 14,630
Depreciation
At 01 April 2022 314 7,349 7,663
Charge for year 54 2,135 2,189
On disposals - - -
Other adjustments - - -
At 31 March 2023 368 9,484 9,852
Net book value
At 31 March 2023 0 4,778 4,778
At 31 March 2022 54 5,480 5,534

VENTURE MEDICAL (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 1,589
Accruals and deferred income 500 400
Other creditors 836 5,723
Total 1,336 7,712