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REGISTERED NUMBER: 12872299 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Alius Ventures Limited

Alius Ventures Limited (Registered number: 12872299)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Alius Ventures Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: B Taylor





REGISTERED OFFICE: M.01 Tomorrow
Blue
Mediacityuk
M50 2AB





REGISTERED NUMBER: 12872299 (England and Wales)





ACCOUNTANTS: Summit Accountants Limited
M.01 Tomorrow
MediaCityUK
Salford
Greater Manchester
M50 2AB

Alius Ventures Limited (Registered number: 12872299)

Statement of Financial Position
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,482 5,765

CURRENT ASSETS
Stocks 163,792 239,566
Debtors 5 298,220 346,190
Prepayments and accrued income 106,572 141,217
Cash at bank 816,405 922,478
1,384,989 1,649,451
CREDITORS
Amounts falling due within one year 6 627,452 695,359
NET CURRENT ASSETS 757,537 954,092
TOTAL ASSETS LESS CURRENT
LIABILITIES

764,019

959,857

PROVISIONS FOR LIABILITIES 1,620 1,441
NET ASSETS 762,399 958,416

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 762,297 958,314
762,399 958,416

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Alius Ventures Limited (Registered number: 12872299)

Statement of Financial Position - continued
31 December 2023


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 director and authorised for issue on 16 September 2024 and were signed by:





B Taylor - Director


Alius Ventures Limited (Registered number: 12872299)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Alius Ventures Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. 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.

Turnover
Turnover is recognised when, and to the extent that, the company obtains the right to consideration. The point of recognition is after the service has been performed, when the risk and rewards associated with the goods/services have been transferred or in accordance with contractual terms. Turnover excludes value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 20% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Alius Ventures Limited (Registered number: 12872299)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 9,484
Additions 5,717
Disposals (5,004 )
At 31 December 2023 10,197
DEPRECIATION
At 1 January 2023 3,719
Charge for year 2,007
Eliminated on disposal (2,011 )
At 31 December 2023 3,715
NET BOOK VALUE
At 31 December 2023 6,482
At 31 December 2022 5,765

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 238,324 233,801
Amounts owed by group undertakings 1,140 -
Other debtors 58,756 112,389
298,220 346,190

Included within trade debtors is a balance of £99,847 held in a client account (£155,728 : 2022)

Alius Ventures Limited (Registered number: 12872299)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 399,515 373,053
Taxation and social security 163,586 220,195
Other creditors 64,351 102,111
627,452 695,359

Included within trade creditors is a balance of £99,847 of client funds held in a client account (£155,728 : 2022)

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at 31 December 2023 £405 was owed by the company to the director. (£82,310 : 2022)
No formal repayment terms have been agreed.