17 February 2023 false No description of principal activity Taxfiler 2024.1 14671733business:PrivateLimitedCompanyLtd2023-02-172024-02-28 146717332023-02-16 146717332023-02-172024-02-28 14671733business:AuditExemptWithAccountantsReport2023-02-172024-02-28 14671733business:FilletedAccounts2023-02-172024-02-28 146717332024-02-28 14671733business:Director12023-02-172024-02-28 14671733business:RegisteredOffice2023-02-172024-02-28 14671733core:WithinOneYear2024-02-28 14671733core:ShareCapitalcore:PreviouslyStatedAmount2024-02-28 14671733core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-28 14671733core:PreviouslyStatedAmount2024-02-28 14671733business:SmallEntities2023-02-172024-02-28 14671733countries:EnglandWales2023-02-172024-02-28 14671733core:ComputerEquipment2023-02-172024-02-28 14671733core:LandBuildings2023-02-16 14671733core:ComputerEquipment2023-02-16 14671733core:LandBuildings2023-02-172024-02-28 14671733core:LandBuildings2024-02-28 14671733core:ComputerEquipment2024-02-28 14671733business:Director112023-02-172024-02-28 14671733business:Director112023-02-16 14671733business:Director112024-02-28 iso4217:GBP xbrli:pure
Company Registration No. 14671733 (England and Wales)
Property Ventura Ltd Unaudited accounts for the period from 17 February 2023 to 28 February 2024
Property Ventura Ltd Unaudited accounts Contents
Page
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Property Ventura Ltd Company Information for the period from 17 February 2023 to 28 February 2024
Director
J A Paul
Company Number
14671733 (England and Wales)
Registered Office
82 Aldersley Avenue Wolverhampton WV6 9HY England
Accountants
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN
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Property Ventura Ltd Statement of financial position as at 28 February 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
41,375 
Current assets
Cash at bank and in hand
1,187 
Creditors: amounts falling due within one year
(54,783)
Net current liabilities
(53,596)
Net liabilities
(12,221)
Capital and reserves
Called up share capital
100 
Profit and loss account
(12,321)
Shareholders' funds
(12,221)
For the period ending 28 February 2024 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 3 April 2024 and were signed on its behalf by
J A Paul Director Company Registration No. 14671733
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Property Ventura Ltd Notes to the Accounts for the period from 17 February 2023 to 28 February 2024
1
Statutory information
Property Ventura Ltd is a private company, limited by shares, registered in England and Wales, registration number 14671733. The registered office is 82 Aldersley Avenue, Wolverhampton, WV6 9HY, England.
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 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.
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 % reducing balance
4
Tangible fixed assets
Land & buildings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 17 February 2023
- 
- 
- 
Additions
40,512 
1,150 
41,662 
At 28 February 2024
40,512 
1,150 
41,662 
Depreciation
Charge for the period
- 
287 
287 
At 28 February 2024
- 
287 
287 
Net book value
At 28 February 2024
40,512 
863 
41,375 
5
Creditors: amounts falling due within one year
2024 
£ 
Amounts owed to group undertakings and other participating interests
44,000 
Loans from directors
10,462 
Accruals
321 
54,783 
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Property Ventura Ltd Notes to the Accounts for the period from 17 February 2023 to 28 February 2024
6
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
J A Paul
Directors Current accounts
- 
(11,312)
(850)
(10,462)
- 
(11,312)
(850)
(10,462)
7
Average number of employees
During the period the average number of employees was 0.
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