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REGISTERED NUMBER: 03872865 (England and Wales)

















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Ventromade Limited

Ventromade Limited (Registered number: 03872865)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ventromade Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mr P M Blower
Mr M A Blundell





SECRETARY: Mr P M Blower





REGISTERED OFFICE: 4 Ranmoor Gardens
Sheffield
South Yorkshire
S10 3FR





REGISTERED NUMBER: 03872865 (England and Wales)





ACCOUNTANTS: SMH Haywood & Co Limited
24-26 Mansfield Road
Rotherham
South Yorkshire
S60 2DT

Ventromade Limited (Registered number: 03872865)

Balance Sheet
30 June 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 3 514 642
Investment property 4 1,035,000 1,015,000
1,035,514 1,015,642

CURRENT ASSETS
Debtors 5 1,198 1,082
Investments 6 220,500 200,000
Cash at bank 29,741 57,564
251,439 258,646
CREDITORS
Amounts falling due within one year 7 18,204 16,905
NET CURRENT ASSETS 233,235 241,741
TOTAL ASSETS LESS CURRENT LIABILITIES 1,268,749 1,257,383

PROVISIONS FOR LIABILITIES 133,240 128,240
NET ASSETS 1,135,509 1,129,143

CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 552,680 567,680
Retained earnings 582,729 561,363
SHAREHOLDERS' FUNDS 1,135,509 1,129,143

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Ventromade Limited (Registered number: 03872865)

Balance Sheet - continued
30 June 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 21 August 2024 and were signed on its behalf by:





Mr P M Blower - Director


Ventromade Limited (Registered number: 03872865)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

2. EMPLOYEES AND DIRECTORS

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

Ventromade Limited (Registered number: 03872865)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

3. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£
COST
At 1 July 2023
and 30 June 2024 5,118
DEPRECIATION
At 1 July 2023 4,476
Charge for year 128
At 30 June 2024 4,604
NET BOOK VALUE
At 30 June 2024 514
At 30 June 2023 642

4. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 July 2023 1,015,000
Revaluations 20,000
At 30 June 2024 1,035,000
NET BOOK VALUE
At 30 June 2024 1,035,000
At 30 June 2023 1,015,000

Fair value at 30 June 2024 is represented by:
£
Valuation in 2001 337,180
Valuation in 2002 20,500
Valuation in 2003 84,500
Valuation in 2004 111,212
Valuation in 2006 2,831
Valuation in 2008 198,777
Valuation in 2022 260,000
Valuation in 2024 20,000
1,035,000

Ventromade Limited (Registered number: 03872865)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Other debtors 1,198 1,082

6. CURRENT ASSET INVESTMENTS
2024 2023
£ £
Other 220,500 200,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 499 500
Taxation and social security 9,264 6,992
Other creditors 8,441 9,413
18,204 16,905

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
100 Ordinary £1 100 100