Acorah Software Products - Accounts Production 15.0.600 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 07181440 Mr Michael Bruce Ingram Adrem Accounting ltd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07181440 2023-02-28 07181440 2024-02-29 07181440 2023-03-01 2024-02-29 07181440 frs-core:CurrentFinancialInstruments 2024-02-29 07181440 frs-core:Non-currentFinancialInstruments 2024-02-29 07181440 frs-core:InvestmentPropertyIncludedWithinPPE 2024-02-29 07181440 frs-core:InvestmentPropertyIncludedWithinPPE 2023-02-28 07181440 frs-core:ShareCapital 2024-02-29 07181440 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 07181440 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 07181440 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 07181440 frs-bus:SmallEntities 2023-03-01 2024-02-29 07181440 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 07181440 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 07181440 frs-bus:Director1 2023-03-01 2024-02-29 07181440 frs-bus:CompanySecretary1 2023-03-01 2024-02-29 07181440 frs-countries:EnglandWales 2023-03-01 2024-02-29 07181440 2022-02-28 07181440 2023-02-28 07181440 2022-03-01 2023-02-28 07181440 frs-core:CurrentFinancialInstruments 2023-02-28 07181440 frs-core:Non-currentFinancialInstruments 2023-02-28 07181440 frs-core:ShareCapital 2023-02-28 07181440 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 07181440
Ventas Property Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
Adrem Accounting ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 07181440
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 186,096 186,096
186,096 186,096
Creditors: Amounts Falling Due Within One Year 5 (595 ) (721 )
NET CURRENT ASSETS (LIABILITIES) (595 ) (721 )
TOTAL ASSETS LESS CURRENT LIABILITIES 185,501 185,375
Creditors: Amounts Falling Due After More Than One Year 6 (42,044 ) (40,862 )
NET ASSETS 143,457 144,513
CAPITAL AND RESERVES
Called up share capital 7 175,390 175,390
Profit and Loss Account (31,933 ) (30,877 )
SHAREHOLDERS' FUNDS 143,457 144,513
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Michael Bruce Ingram
Director
09/10/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Ventas Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07181440 . The registered office is Wincham House, Greenfield Farm Trading Estate, Congleton, Cheshire, CW12 4TR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Investment Properties
£
Cost
As at 1 March 2023 186,096
As at 29 February 2024 186,096
Net Book Value
As at 29 February 2024 186,096
As at 1 March 2023 186,096
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 1
Other creditors - 180
Accruals and deferred income 594 540
595 721
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Directors loan account 42,044 40,862
Page 2
Page 3
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 175,390 175,390
Page 3