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REGISTERED NUMBER: 07045493 (England and Wales)















Adventus Retail Limited

Unaudited Financial Statements for the Year Ended 31st March 2023






Adventus Retail Limited (Registered number: 07045493)






Contents of the Financial Statements
for the year ended 31st March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Adventus Retail Limited

Company Information
for the year ended 31st March 2023







DIRECTORS: J M Braithwaite
Ms E A Macartney



REGISTERED OFFICE: 14, Church Lane
London
SW19 3PD



REGISTERED NUMBER: 07045493 (England and Wales)



ACCOUNTANTS: The Decimal Place
8 Blandfield Road
London
SW12 8BG



BANKERS: Barclays Bank plc
Wimbledon Business Centre
London
SW19

Adventus Retail Limited (Registered number: 07045493)

Balance Sheet
31st March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,354 116

CURRENT ASSETS
Debtors 5 2,180 1,054
Cash at bank 211,565 239,230
213,745 240,284
CREDITORS
Amounts falling due within one
year

6

67,594

44,546
NET CURRENT ASSETS 146,151 195,738
TOTAL ASSETS LESS
CURRENT LIABILITIES

147,505

195,854

PROVISIONS FOR LIABILITIES 7 257 -
NET ASSETS 147,248 195,854

Adventus Retail Limited (Registered number: 07045493)

Balance Sheet - continued
31st March 2023

2023 2022
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 147,148 195,754
SHAREHOLDERS' FUNDS 147,248 195,854

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31st August 2023 and were signed on its behalf by:





Ms E A Macartney - Director


Adventus Retail Limited (Registered number: 07045493)

Notes to the Financial Statements
for the year ended 31st March 2023

1. STATUTORY INFORMATION

Adventus Retail Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Adventus Retail Limited (Registered number: 07045493)

Notes to the Financial Statements - continued
for the year ended 31st March 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Adventus Retail Limited (Registered number: 07045493)

Notes to the Financial Statements - continued
for the year ended 31st March 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st April 2022 451 6,949 7,400
Additions - 1,797 1,797
At 31st March 2023 451 8,746 9,197
DEPRECIATION
At 1st April 2022 336 6,948 7,284
Charge for year 114 445 559
At 31st March 2023 450 7,393 7,843
NET BOOK VALUE
At 31st March 2023 1 1,353 1,354
At 31st March 2022 115 1 116

5. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Other debtors - 5
VAT 180 1,049
180 1,054

Amounts falling due after more than one year:
Amounts owed by group undertakings 2,000 -

Aggregate amounts 2,180 1,054

Adventus Retail Limited (Registered number: 07045493)

Notes to the Financial Statements - continued
for the year ended 31st March 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2023 2022
£    £   
Trade creditors - 2,525
Tax - 3,253
Social security and other taxes 26,225 483
Other creditors - 7
Directors' current accounts 38,969 36,178
Accruals and deferred income 2,400 2,100
67,594 44,546

7. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 257 -

Deferred
tax
£   
re : accelerated capital 257
allowances claim
Balance at 31st March 2023 257

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
NIL - -
95 "A" Ordinary £1 95 95
5 "B" Ordinary £1 5 5
100 100

Adventus Retail Limited (Registered number: 07045493)

Notes to the Financial Statements - continued
for the year ended 31st March 2023

9. RESERVES
Retained
earnings
£   

At 1st April 2022 195,754
Deficit for the year (39,406 )
Dividends (9,200 )
At 31st March 2023 147,148