UTIBE VENTURES LTD

Company Registration Number:
11566190 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2023

Period of accounts

Start date: 01 October 2022

End date: 30 September 2023

UTIBE VENTURES LTD

Contents of the Financial Statements

for the Period Ended 30 September 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 11

UTIBE VENTURES LTD

Company Information

for the Period Ended 30 September 2023




Director: Utibe Idongesit JONAH
Registered office: 175
Gooshays Drive
Romford
England
RM3 8YJ
Company Registration Number: 11566190 (England and Wales)

UTIBE VENTURES LTD

Directors' Report Period Ended 30 September 2023

The directors present their report with the financial statements of the company for the period ended 30 September 2023

Principal Activities

The company's principal activity during the period was the provision of healthcare services.

Directors

The directors shown below have held office during the whole of the period from 01 October 2022 to 30 September 2023
Utibe Idongesit JONAH

This report was approved by the board of directors on 13 November 2023
And Signed On Behalf Of The Board By:

Name: Utibe Idongesit JONAH
Status: Director

UTIBE VENTURES LTD

Balance sheet

As at 30 September 2023


Notes

2023
£

2022
£
Fixed assets
Total fixed assets: - -
Current assets
Debtors: 5 8,002 12,471
Cash at bank and in hand: 377 217
Total current assets: 8,379 12,688
Creditors: amounts falling due within one year: 6 ( 3,096 ) ( 4,551 )
Net current assets (liabilities): 5,283 8,137
Total assets less current liabilities: 5,283 8,137
Creditors: amounts falling due after more than one year: 7 ( 5,196 ) ( 8,061 )
Total net assets (liabilities): 87 76

The notes form part of these financial statements

UTIBE VENTURES LTD

Balance sheet continued

As at 30 September 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 50 50
Profit and loss account: 37 26
Shareholders funds: 87 76

For the year ending 30 September 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 13 November 2023
And Signed On Behalf Of The Board By:

Name: Utibe Idongesit JONAH
Status: Director

The notes form part of these financial statements

UTIBE VENTURES LTD

Notes to the Financial Statements

for the Period Ended 30 September 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

    Turnover policy

    Turnover represents amounts receivable on the provision of services, net of VAT, and trade discounts on the provision of services falling within the company’s ordinary activities.

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates to write off the assets over their estimated useful lives:
    Motor vehicle 25% reducing balance method
    Office equipment 25% straight-line method
    Furniture & fittings 25% straight-line method

    Other accounting policies

    Deferred taxation is provided at appropriate rates on all timing differences using the liability method only to the extent that, in the directors' opinion, there is a reasonable probability that a liability or asset will crystallise in the foreseeable future.

UTIBE VENTURES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

UTIBE VENTURES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 3. Off balance sheet disclosure

    No

UTIBE VENTURES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

4. Dividends


2023
£

2022
£
Dividends paid 401 6,461

UTIBE VENTURES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

5. Debtors


2023
£

2022
£
Other debtors 8,002 12,471
Total 8,002 12,471

UTIBE VENTURES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 3,000 3,000
Taxation and social security 96 1,551
Total 3,096 4,551

UTIBE VENTURES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 5,196 8,061
Total 5,196 8,061