2023-04-01 10059549 2024-03-31 10059549 2023-04-01 2024-03-31 10059549 2023-03-31 10059549 2022-04-01 2023-03-31 10059549 uk-core:WithinOneYear 2023-03-31 10059549 uk-core:WithinOneYear 2024-03-31 10059549 uk-core:ShareCapital 2024-03-31 10059549 uk-core:ShareCapital 2023-03-31 10059549 uk-core:RevaluationReserve 2024-03-31 10059549 uk-core:RevaluationReserve 2023-03-31 10059549 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 10059549 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 10059549 uk-core:OtherMiscellaneousReserve 2024-03-31 10059549 uk-bus:Director1 2023-04-01 2024-03-31 10059549 uk-core:CostValuation 2023-03-31 10059549 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2023-03-31 10059549 uk-core:AdditionsToInvestments 2024-03-31 10059549 uk-core:AdditionsToInvestments uk-core:Non-currentFinancialInstruments 2024-03-31 10059549 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2024-03-31 10059549 uk-core:CostValuation 2024-03-31 10059549 uk-core:Non-currentFinancialInstruments 2024-03-31 10059549 uk-core:Non-currentFinancialInstruments 2023-03-31 iso4217:GBP xbrli:pure 10059549 uk-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10059549 uk-bus:FRS102 2023-04-01 2024-03-31 10059549 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 10059549 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
Instech Ventures Limited
Registered Number:10059549
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2024
Instech Ventures Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
10059549
As at 31 March 2024
Instech Ventures Limited
Statement of Financial Position
Restated
£
£
2023
2024
Notes
Fixed assets
Financial assets
675,787
896,494
2
896,494
675,787
Current assets
440,950
Cash and cash equivalents
506,263
506,263
440,950
Trade and other payables: amounts falling due within one
year
(5,369)
(4,720)
3
435,581
501,543
Net current assets
Total assets less current liabilities
1,398,037
1,111,368
1,398,037
Net assets
1,111,368
Capital and reserves
Called up share capital
100
100
Revaluation reserve
272,054
-
4
Retained earnings
1,125,820
1,111,268
Other reserves
63
-
1,398,037
1,111,368
Shareholders' funds
For the year ended 31 March 2024 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 March 2024 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.
Christopher Keey Director
These financial statements were approved and authorised for issue by the Board on 09 September 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 March 2024
Instech Ventures Limited
Notes to the Financial Statements
Statutory Information
Instech Ventures Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 10059549.
Registered address:
20 North Audley Street
London
W1K 6LX
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
Other investments
Total
At 01 April 2023
675,787
675,787
Cost
£
£
220,707
220,707
Additions
At 31 March 2024
896,494
896,494
At 31 March 2024
Net book value
896,494
896,494
At 01 April 2023
675,787
675,787
3. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
4,720
5,369
2 of 3
5
For the year ended 31 March 2024
Instech Ventures Limited
Notes to the Financial Statements Continued
4. Reserves
Total
£
Revaluation reserve at 01 April 2023
-
Revaluation of fixed assets
272,054
272,054
Revaluation reserve at 31 March 2024
14552
5. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
3 of 3