Company Registration No. SC468263 (Scotland)
Rehoboth Ventures Ltd
Unaudited accounts
for the year ended 31 January 2024
Rehoboth Ventures Ltd
Unaudited accounts
Contents
Rehoboth Ventures Ltd
Company Information
for the year ended 31 January 2024
Directors
ADEOSUN, Olumuyiwa Adekunle, Dr
ADEOSUN, Lami
Company Number
SC468263 (Scotland)
Registered Office
14 WELLRIG PARK
DUNS
TD11 3NN
SCOTLAND
Accountants
L&S Accounting Firm
2nd Floor Ebenezer House
2-10 St Johns Street
Bedford
MK42 0DH
Rehoboth Ventures Ltd
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
4,857
4,563
Creditors: amounts falling due within one year
-
(10,380)
Net current assets/(liabilities)
4,857
(5,817)
Net assets/(liabilities)
9,619
(5,817)
Called up share capital
1
1
Profit and loss account
9,618
(5,818)
Shareholders' funds
9,619
(5,817)
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 31 October 2024 and were signed on its behalf by
ADEOSUN, Olumuyiwa Adekunle, Dr
Director
Company Registration No. SC468263
Rehoboth Ventures Ltd
Notes to the Accounts
for the year ended 31 January 2024
Rehoboth Ventures Ltd is a private company, limited by shares, registered in Scotland, registration number SC468263. The registered office is 14 WELLRIG PARK, DUNS, TD11 3NN, SCOTLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
25% straight line
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
12,650
-
-
12,650
Additions
-
4,203
6,820
11,023
At 31 January 2024
12,650
4,203
6,820
23,673
At 1 February 2023
12,650
-
-
12,650
Charge for the year
3,155
1,401
1,705
6,261
At 31 January 2024
15,805
1,401
1,705
18,911
At 31 January 2024
(3,155)
2,802
5,115
4,762
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
-
10,380
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).