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
Property Ventura Ltd
Company Information
for the period from 17 February 2023 to 28 February 2024
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
Property Ventura Ltd
Statement of financial position
as at 28 February 2024
Cash at bank and in hand
1,187
Creditors: amounts falling due within one year
(54,783)
Net current liabilities
(53,596)
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
Property Ventura Ltd
Notes to the Accounts
for the period from 17 February 2023 to 28 February 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Additions
40,512
1,150
41,662
At 28 February 2024
40,512
1,150
41,662
Charge for the period
-
287
287
At 28 February 2024
-
287
287
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
Property Ventura Ltd
Notes to the Accounts
for the period from 17 February 2023 to 28 February 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Current accounts
-
(11,312)
(850)
(10,462)
7
Average number of employees
During the period the average number of employees was 0.