Acorah Software Products - Accounts Production 15.0.600 false true false 24 May 2023 31 May 2024 31 May 2024 14890968 K Crews K Crews iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14890968 2023-05-23 14890968 2024-05-31 14890968 2023-05-24 2024-05-31 14890968 frs-core:CurrentFinancialInstruments 2024-05-31 14890968 frs-core:ShareCapital 2024-05-31 14890968 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 14890968 frs-bus:PrivateLimitedCompanyLtd 2023-05-24 2024-05-31 14890968 frs-bus:FilletedAccounts 2023-05-24 2024-05-31 14890968 frs-bus:SmallEntities 2023-05-24 2024-05-31 14890968 frs-bus:AuditExempt-NoAccountantsReport 2023-05-24 2024-05-31 14890968 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-24 2024-05-31 14890968 frs-bus:Director1 2023-05-24 2024-05-31 14890968 frs-bus:CompanySecretary1 2023-05-24 2024-05-31 14890968 frs-countries:EnglandWales 2023-05-24 2024-05-31
Registered number: 14890968
Restore Ventures Ltd
Unaudited Financial Statements
For the Period 24 May 2023 to 31 May 2024
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2
Page 1
Statement of Financial Position
Registered number: 14890968
31 May 2024
Notes £ £
CURRENT ASSETS
Debtors 4 178,264
Cash at bank and in hand 319
178,583
Creditors: Amounts Falling Due Within One Year 5 (272,095 )
NET CURRENT ASSETS (LIABILITIES) (93,512 )
TOTAL ASSETS LESS CURRENT LIABILITIES (93,512 )
NET LIABILITIES (93,512 )
CAPITAL AND RESERVES
Called up share capital 6 100
Income Statement (93,612 )
SHAREHOLDERS' FUNDS (93,512)
For the period ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
K Crews
Director
11 September 2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Restore Ventures Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14890968 . The registered office is 12 Whiting Way, Wrington, Bristol, Avon, BS40 5AS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
Presentation currency
The accounts are presented in £ sterling.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 21
21
4. Debtors
31 May 2024
£
Due within one year
Other debtors 178,264
5. Creditors: Amounts Falling Due Within One Year
31 May 2024
£
Trade creditors 2
Other creditors 236,994
Taxation and social security 35,099
272,095
6. Share Capital
31 May 2024
£
Allotted, Called up and fully paid 100
7. Related Party Transactions
At the year end, the company was owed £178,074 by entities under common control. The loans are interest free and have no fixed date for
repayment.
At the year end, the company owed £78,609 to entities under common control. The loans are interest free and have no fixed date for repayment.
At the year end, the company owed £113,590 to its directorsl. This loan is interest free and have no fixed date for repayment.
Page 2