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Company Registration No. 10568951 (England and Wales)
Ventureprise Property Investments Limited Unaudited accounts for the year ended 31 January 2024
Ventureprise Property Investments Limited Unaudited accounts Contents
Page
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Ventureprise Property Investments Limited Company Information for the year ended 31 January 2024
Directors
Jayesh Patel Vineshkumar Patel
Company Number
10568951 (England and Wales)
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Ventureprise Property Investments Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
95,066 
195,646 
Current assets
Cash at bank and in hand
109,853 
26,924 
Creditors: amounts falling due within one year
(170,105)
(236,407)
Net current liabilities
(60,252)
(209,483)
Total assets less current liabilities
34,814 
(13,837)
Creditors: amounts falling due after more than one year
(50,266)
- 
Net liabilities
(15,452)
(13,837)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(15,552)
(13,937)
Shareholders' funds
(15,452)
(13,837)
For the year ending 31 January 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 October 2024 and were signed on its behalf by
Jayesh Patel Director Company Registration No. 10568951
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Ventureprise Property Investments Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Ventureprise Property Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 10568951.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 February 2023
195,646 
Disposals
(100,580)
At 31 January 2024
95,066 
Depreciation
At 31 January 2024
- 
Net book value
At 31 January 2024
95,066 
At 31 January 2023
195,646 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
67,361 
120,903 
Taxes and social security
1,605 
1,605 
Other creditors
600 
360 
Loans from directors
100,539 
113,539 
170,105 
236,407 
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Ventureprise Property Investments Limited Notes to the Accounts for the year ended 31 January 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
50,266 
- 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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