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Company Registration No. 11738500 (England and Wales)
SANDERS VENTURES LIMITED Unaudited accounts for the year ended 31 December 2023
SANDERS VENTURES LIMITED Unaudited accounts Contents
Page
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SANDERS VENTURES LIMITED Company Information for the year ended 31 December 2023
Director
Thomas Sanders
Company Number
11738500 (England and Wales)
Registered Office
Denmark House 143 High Street Chalfont St Peter Bucks SL9 9QL United Kingdom
Accountants
Lane Accounting Limited Denmark House 143 High Street Chalfont St Peter Buckinghamshire SL9 9QL
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SANDERS VENTURES LIMITED Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
397 
- 
Current assets
Debtors
- 
4,184 
Cash at bank and in hand
4,157 
571 
4,157 
4,755 
Creditors: amounts falling due within one year
(7,652)
(4,602)
Net current (liabilities)/assets
(3,495)
153 
Net (liabilities)/assets
(3,098)
153 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(3,198)
53 
Shareholders' funds
(3,098)
153 
For the year ending 31 December 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 February 2024 and were signed on its behalf by
Thomas Sanders Director Company Registration No. 11738500
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SANDERS VENTURES LIMITED Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
SANDERS VENTURES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11738500. The registered office is Denmark House, 143 High Street, Chalfont St Peter, Bucks, SL9 9QL, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% of cost per annum
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SANDERS VENTURES LIMITED Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
- 
Additions
530 
At 31 December 2023
530 
Depreciation
Charge for the year
133 
At 31 December 2023
133 
Net book value
At 31 December 2023
397 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
4,184 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
6,347 
481 
Other creditors
- 
2,891 
Loans from directors
645 
- 
Accruals
660 
1,230 
7,652 
4,602 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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