2023-01-01 12798652 2023-12-31 12798652 2023-01-01 2023-12-31 12798652 2022-12-31 12798652 2022-01-01 2022-12-31 12798652 uk-core:WithinOneYear 2022-12-31 12798652 uk-core:WithinOneYear 2023-12-31 12798652 uk-core:ShareCapital 2023-12-31 12798652 uk-core:ShareCapital 2022-12-31 12798652 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 12798652 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 12798652 uk-bus:Director1 2023-01-01 2023-12-31 12798652 uk-core:CostValuation 2022-12-31 12798652 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2022-12-31 12798652 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2023-12-31 12798652 uk-core:CostValuation 2023-12-31 12798652 uk-core:Non-currentFinancialInstruments 2023-12-31 12798652 uk-core:Non-currentFinancialInstruments 2022-12-31 iso4217:GBP xbrli:pure 12798652 uk-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 12798652 uk-bus:FRS102 2023-01-01 2023-12-31 12798652 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 12798652 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Outstanding Ventures Group Limited
Registered Number:12798652
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2023
Outstanding Ventures Group Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
12798652
As at 31 December 2023
Outstanding Ventures Group Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Financial assets
100
100
2
100
100
Current assets
Trade and other receivables
-
35,000
3
34,151
Cash and cash equivalents
16,250
51,250
34,151
Trade and other payables: amounts falling due within one
year
(15,071)
(18,578)
4
19,080
32,672
Net current assets
Total assets less current liabilities
32,772
19,180
32,772
Net assets
19,180
Capital and reserves
Called up share capital
100
100
Retained earnings
32,672
19,080
32,772
19,180
Shareholders' funds
For the year ended 31 December 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 of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Tiku Chauhan Director
These financial statements were approved and authorised for issue by the Board on 18 March 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 December 2023
Outstanding Ventures Group Limited
Notes to the Financial Statements
Statutory Information
Outstanding Ventures Group Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 12798652.
Registered address:
6 The Cloisters
12 George Road
Edgbaston
United Kingdom
B15 1NP
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Investments held as fixed assets
Shares in group and participating interests
Total
At 01 January 2023
100
100
Cost
£
£
At 31 December 2023
100
100
At 31 December 2023
Net book value
100
100
At 01 January 2023
100
100
3. Trade and other receivables
2022
2023
£
£
Other debtors
35,000
-
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5
For the year ended 31 December 2023
Outstanding Ventures Group Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
-
1
Taxation and social security
17,678
13,820
Other creditors
900
1,250
18,578
15,071
5. Average number of persons employed
During the year the average number of employees was 2 (2022 : 2)
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