CHARLES VENTURES LTD

Company Registration Number:
12367881 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

CHARLES VENTURES LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

CHARLES VENTURES LTD

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 15,000 15,000
Gross profit(or loss): 15,000 15,000
Administrative expenses: ( 42,370 ) ( 51,448 )
Other operating income: 36,416 63,381
Operating profit(or loss): 9,046 26,933
Profit(or loss) before tax: 9,046 26,933
Tax: ( 2,196 ) ( 5,594 )
Profit(or loss) for the financial year: 6,850 21,339

CHARLES VENTURES LTD

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 932,274 934,784
Total fixed assets: 932,274 934,784
Current assets
Cash at bank and in hand: 85,164 79,201
Total current assets: 85,164 79,201
Creditors: amounts falling due within one year: 4 ( 12,196 ) ( 15,594 )
Net current assets (liabilities): 72,968 63,607
Total assets less current liabilities: 1,005,242 998,391
Creditors: amounts falling due after more than one year: 5 ( 958,616 ) ( 958,615 )
Total net assets (liabilities): 46,626 39,776
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 46,526 39,676
Total Shareholders' funds: 46,626 39,776

The notes form part of these financial statements

CHARLES VENTURES LTD

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 8 August 2024
and signed on behalf of the board by:

Name: Mark Draper
Status: Director

The notes form part of these financial statements

CHARLES VENTURES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

CHARLES VENTURES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

CHARLES VENTURES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 938,716 938,716
Additions
Disposals
Revaluations
Transfers
At 31 December 2023 938,716 938,716
Depreciation
At 1 January 2023 3,932 3,932
Charge for year 2,510 2,510
On disposals
Other adjustments
At 31 December 2023 6,442 6,442
Net book value
At 31 December 2023 932,274 932,274
At 31 December 2022 934,784 934,784

CHARLES VENTURES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 10,000 10,000
Taxation and social security 2,196 5,594
Total 12,196 15,594

CHARLES VENTURES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Other creditors 958,616 958,615
Total 958,616 958,615