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REGISTERED NUMBER: 06749184 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31st December 2023

for

DDB Ventures Limited

DDB Ventures Limited (Registered number: 06749184)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DDB Ventures Limited

Company Information
for the Year Ended 31st December 2023







DIRECTORS: D C Bailey
D A Bailey





SECRETARY: D A Bailey





REGISTERED OFFICE: The Forge, Manor Farm
Harborough Road
Brampton Ash
Market Harborough
Leicestershire
LE16 8PD





REGISTERED NUMBER: 06749184 (England and Wales)





ACCOUNTANTS: Barker & Co
Chartered Accountants
Watling Offices
Smockington Lane
Wolvey
Hinckley
Leicestershire
LE10 3AY

DDB Ventures Limited (Registered number: 06749184)

Balance Sheet
31st December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 36 36

CURRENT ASSETS
Debtors 5 1,213,261 1,213,261
Cash at bank 30,363 200,163
1,243,624 1,413,424
CREDITORS
Amounts falling due within one year 6 6,258 10,350
NET CURRENT ASSETS 1,237,366 1,403,074
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,237,402

1,403,110

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 1,237,400 1,403,108
SHAREHOLDERS' FUNDS 1,237,402 1,403,110

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2023 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.

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 12th September 2024 and were signed on its behalf by:





D C Bailey - Director


DDB Ventures Limited (Registered number: 06749184)

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

1. STATUTORY INFORMATION

DDB 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.

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.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2023 2022
£    £   
Ordinary shares in
White Lodge Developments Ltd 36 36

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
White Lodge Developments Ltd
loan - 1,213,261
Grace Homes Limited 1,213,261 -
1,213,261 1,213,261

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Directors' current account 5,298 8,704
Accrued expenses 960 1,646
6,258 10,350

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2

DDB Ventures Limited (Registered number: 06749184)

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

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to Directors subsisted during the year:

£   
Business expenses paid1,170
DLA interest charged to the company549
Withdrawn(170,125)


No interest was payable on director's loan account.

9. ULTIMATE CONTROLLING PARTY

D.C. Bailey and D.A. Bailey are the ultimate controlling parties by virtue of their ownership of 50.00%
each of the company's share capital.