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REGISTERED NUMBER: 06524930 (England and Wales)






















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024

FOR

BELTANE VENTURES LIMITED

BELTANE VENTURES LIMITED (REGISTERED NUMBER: 06524930)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BELTANE VENTURES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTORS: A Lawson
C Salsbury-Lawson





SECRETARY: C Salsbury-Lawson





REGISTERED OFFICE: 83 Cambridge Street
Pimlico
London
SW1V 4PS





REGISTERED NUMBER: 06524930 (England and Wales)





ACCOUNTANTS: George Hay & Company
Chartered Accountants
83 Cambridge Street
London
SW1V 4PS

BELTANE VENTURES LIMITED (REGISTERED NUMBER: 06524930)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 210,699 226,835

CURRENT ASSETS
Debtors 5 2,693 16,959
Cash at bank 29,497 55,197
32,190 72,156
CREDITORS
Amounts falling due within one year 6 6,422 5,331
NET CURRENT ASSETS 25,768 66,825
TOTAL ASSETS LESS CURRENT
LIABILITIES

236,467

293,660

PROVISIONS FOR LIABILITIES 7 11,695 11,705
NET ASSETS 224,772 281,955

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 8 49,857 49,898
Retained earnings 174,815 231,957
SHAREHOLDERS' FUNDS 224,772 281,955

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 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.

BELTANE VENTURES LIMITED (REGISTERED NUMBER: 06524930)

BALANCE SHEET - continued
31ST MARCH 2024


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 6th August 2024 and were signed on its behalf by:





A Lawson - Director


BELTANE VENTURES LIMITED (REGISTERED NUMBER: 06524930)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024

1. STATUTORY INFORMATION

Beltane Ventures 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 as modified by the revaluation of certain assets.

Financial instruments
The company only enters into basic financial statements transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

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 made contributions in the year to a director's pension policy.

Fixed asset investments
Listed fixed asset investments are carried at fair value. Revaluation gains/losses are recognised in the Income Statement. Deferred tax is provided on these gains/losses at the rate expected to apply when the investments are sold.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

BELTANE VENTURES LIMITED (REGISTERED NUMBER: 06524930)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1st April 2023 226,835
Additions 17,974
Disposals (34,059 )
Revaluations (51 )
At 31st March 2024 210,699
NET BOOK VALUE
At 31st March 2024 210,699
At 31st March 2023 226,835

Cost or valuation at 31st March 2024 is represented by:

Other
investments
£   
Valuation in 2023 71,552
Cost 139,147
210,699

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Stockbrokers dealing account 2,511 16,778
VAT 182 181
2,693 16,959

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Social security and other taxes (81 ) (81 )
Directors' current accounts 2,448 2,677
Accrued expenses 4,055 2,735
6,422 5,331

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 11,695 11,705

BELTANE VENTURES LIMITED (REGISTERED NUMBER: 06524930)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st April 2023 11,705
Provided during year (10 )
Balance at 31st March 2024 11,695

8. RESERVES
Fair
value
reserve
£   
At 1st April 2023 49,898
Fair value revaluation (41 )

At 31st March 2024 49,857