2024-06-012024-07-312024-07-31false12614486COMIC VENTURES LTD.2024-08-19iso4217:GBPxbrli:pure126144862024-06-01126144862024-07-31126144862024-06-012024-07-31126144862023-06-01126144862024-05-31126144862023-06-012024-05-3112614486bus:SmallEntities2024-06-012024-07-3112614486bus:AuditExempt-NoAccountantsReport2024-06-012024-07-3112614486bus:FullAccounts2024-06-012024-07-3112614486bus:PrivateLimitedCompanyLtd2024-06-012024-07-3112614486core:WithinOneYear2024-07-3112614486core:AfterOneYear2024-07-3112614486core:WithinOneYear2024-05-3112614486core:AfterOneYear2024-05-3112614486core:ShareCapital2024-07-3112614486core:SharePremium2024-07-3112614486core:RevaluationReserve2024-07-3112614486core:OtherReservesSubtotal2024-07-3112614486core:RetainedEarningsAccumulatedLosses2024-07-3112614486core:ShareCapital2024-05-3112614486core:SharePremium2024-05-3112614486core:RevaluationReserve2024-05-3112614486core:OtherReservesSubtotal2024-05-3112614486core:RetainedEarningsAccumulatedLosses2024-05-3112614486core:LandBuildings2024-07-3112614486core:PlantMachinery2024-07-3112614486core:Vehicles2024-07-3112614486core:FurnitureFittings2024-07-3112614486core:OfficeEquipment2024-07-3112614486core:NetGoodwill2024-07-3112614486core:IntangibleAssetsOtherThanGoodwill2024-07-3112614486core:ListedExchangeTraded2024-07-3112614486core:UnlistedNon-exchangeTraded2024-07-3112614486core:LandBuildings2024-05-3112614486core:PlantMachinery2024-05-3112614486core:Vehicles2024-05-3112614486core:FurnitureFittings2024-05-3112614486core:OfficeEquipment2024-05-3112614486core:NetGoodwill2024-05-3112614486core:IntangibleAssetsOtherThanGoodwill2024-05-3112614486core:ListedExchangeTraded2024-05-3112614486core:UnlistedNon-exchangeTraded2024-05-3112614486core:LandBuildings2024-06-012024-07-3112614486core:PlantMachinery2024-06-012024-07-3112614486core:Vehicles2024-06-012024-07-3112614486core:FurnitureFittings2024-06-012024-07-3112614486core:OfficeEquipment2024-06-012024-07-3112614486core:NetGoodwill2024-06-012024-07-3112614486core:IntangibleAssetsOtherThanGoodwill2024-06-012024-07-3112614486core:ListedExchangeTraded2024-06-012024-07-3112614486core:UnlistedNon-exchangeTraded2024-06-012024-07-3112614486core:MoreThanFiveYears2024-06-012024-07-3112614486core:Non-currentFinancialInstruments2024-07-3112614486core:Non-currentFinancialInstruments2024-05-3112614486dpl:CostSales2024-06-012024-07-3112614486dpl:DistributionCosts2024-06-012024-07-3112614486core:LandBuildings2024-06-012024-07-3112614486core:PlantMachinery2024-06-012024-07-3112614486core:Vehicles2024-06-012024-07-3112614486core:FurnitureFittings2024-06-012024-07-3112614486core:OfficeEquipment2024-06-012024-07-3112614486dpl:AdministrativeExpenses2024-06-012024-07-3112614486core:NetGoodwill2024-06-012024-07-3112614486core:IntangibleAssetsOtherThanGoodwill2024-06-012024-07-3112614486dpl:GroupUndertakings2024-06-012024-07-3112614486dpl:ParticipatingInterests2024-06-012024-07-3112614486dpl:GroupUndertakingscore:ListedExchangeTraded2024-06-012024-07-3112614486core:ListedExchangeTraded2024-06-012024-07-3112614486dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2024-06-012024-07-3112614486core:UnlistedNon-exchangeTraded2024-06-012024-07-3112614486dpl:CostSales2023-06-012024-05-3112614486dpl:DistributionCosts2023-06-012024-05-3112614486core:LandBuildings2023-06-012024-05-3112614486core:PlantMachinery2023-06-012024-05-3112614486core:Vehicles2023-06-012024-05-3112614486core:FurnitureFittings2023-06-012024-05-3112614486core:OfficeEquipment2023-06-012024-05-3112614486dpl:AdministrativeExpenses2023-06-012024-05-3112614486core:NetGoodwill2023-06-012024-05-3112614486core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3112614486dpl:GroupUndertakings2023-06-012024-05-3112614486dpl:ParticipatingInterests2023-06-012024-05-3112614486dpl:GroupUndertakingscore:ListedExchangeTraded2023-06-012024-05-3112614486core:ListedExchangeTraded2023-06-012024-05-3112614486dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-06-012024-05-3112614486core:UnlistedNon-exchangeTraded2023-06-012024-05-3112614486core:NetGoodwill2024-07-3112614486core:IntangibleAssetsOtherThanGoodwill2024-07-3112614486core:LandBuildings2024-07-3112614486core:PlantMachinery2024-07-3112614486core:Vehicles2024-07-3112614486core:FurnitureFittings2024-07-3112614486core:OfficeEquipment2024-07-3112614486core:AfterOneYear2024-07-3112614486core:WithinOneYear2024-07-3112614486core:ListedExchangeTraded2024-07-3112614486core:UnlistedNon-exchangeTraded2024-07-3112614486core:ShareCapital2024-07-3112614486core:SharePremium2024-07-3112614486core:RevaluationReserve2024-07-3112614486core:OtherReservesSubtotal2024-07-3112614486core:RetainedEarningsAccumulatedLosses2024-07-3112614486core:NetGoodwill2024-05-3112614486core:IntangibleAssetsOtherThanGoodwill2024-05-3112614486core:LandBuildings2024-05-3112614486core:PlantMachinery2024-05-3112614486core:Vehicles2024-05-3112614486core:FurnitureFittings2024-05-3112614486core:OfficeEquipment2024-05-3112614486core:AfterOneYear2024-05-3112614486core:WithinOneYear2024-05-3112614486core:ListedExchang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COMIC VENTURES LTD.

Registered Number
12614486
(England and Wales)

Unaudited Financial Statements for the Period ended
31 July 2024

COMIC VENTURES LTD.
Company Information
for the period from 1 June 2024 to 31 July 2024

Directors

D BAGGETT
G CUNNINGHAM
S HENLEY
K SETHI

Company Secretary

AURIA ACCOUNTANCY LIMITED

Registered Address

C/O Auria
48 Warwick Street
London
W1B 5AW

Registered Number

12614486 (England and Wales)
COMIC VENTURES LTD.
Balance Sheet as at
31 July 2024

Notes

31 Jul 2024

31 May 2024

£

£

£

£

Fixed assets
Intangible assets3-2,018
-2,018
Current assets
Debtors-256
Cash at bank and on hand765,515
765,771
Creditors amounts falling due within one year5-(423,145)
Net current assets (liabilities)76(417,374)
Total assets less current liabilities76(415,356)
Net assets76(415,356)
Capital and reserves
Called up share capital7676
Profit and loss account-(415,432)
Shareholders' funds76(415,356)
The financial statements were approved and authorised for issue by the Board of Directors on 19 August 2024, and are signed on its behalf by:
D BAGGETT
Director
Registered Company No. 12614486
COMIC VENTURES LTD.
Notes to the Financial Statements
for the period ended 31 July 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Intangible assets
Intangible fixed assets are stated at cost or valuation less amortisation. Amortisation is provided on all intangible fixed assets over 10 years.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
2.Average number of employees

20242024
Average number of employees during the year44
3.Intangible assets

Other

Total

££
Cost or valuation
At 01 June 242,8832,883
Disposals(2,883)(2,883)
Amortisation and impairment
At 01 June 24865865
On disposals(865)(865)
Net book value
At 31 July 24--
At 31 May 242,0182,018
4.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 June 242,1112,111
Disposals(2,111)(2,111)
Depreciation and impairment
At 01 June 242,1112,111
On disposals(2,111)(2,111)
Net book value
At 31 July 24--
At 31 May 24--
5.Creditors: amounts due within one year

2024

2024

££
Trade creditors / trade payables-38
Other creditors-423,107
Total-423,145
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.