Company Registration No. 04583144 (England and Wales)
VENAVI DRUMS LIMITED
Unaudited accounts
for the year ended 30 November 2023
VENAVI DRUMS LIMITED
Company Information
for the year ended 30 November 2023
Company Number
04583144 (England and Wales)
Registered Office
32 Beadman Road
Cheshunt
Waltham Cross
EN8 9FR
VENAVI DRUMS LIMITED
Statement of financial position
as at 30 November 2023
Tangible assets
8,659
10,276
Creditors: amounts falling due within one year
(23,713)
(19,297)
Net current liabilities
(15,421)
(13,240)
Net liabilities
(6,762)
(2,964)
Called up share capital
100
100
Profit and loss account
(6,862)
(3,064)
Shareholders' funds
(6,762)
(2,964)
For the year ending 30 November 2023 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 30 August 2024 and were signed on its behalf by
Atsu Awoonor
Director
Company Registration No. 04583144
VENAVI DRUMS LIMITED
Notes to the Accounts
for the year ended 30 November 2023
VENAVI DRUMS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04583144. The registered office is 32 Beadman Road, Cheshunt, Waltham Cross, EN8 9FR.
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 remained unchanged from the previous year, and also 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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2022
37,860
12,288
50,148
At 30 November 2023
38,485
12,288
50,773
At 1 December 2022
28,814
11,058
39,872
Charge for the year
1,934
308
2,242
At 30 November 2023
30,748
11,366
42,114
At 30 November 2023
7,737
922
8,659
At 30 November 2022
9,046
1,230
10,276
Amounts falling due within one year
VENAVI DRUMS LIMITED
Notes to the Accounts
for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
16,712
12,746
Taxes and social security
6,101
6,101
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).