Company Registration No. 14979950 (England and Wales)
Gadiel Ventures Limited
Unaudited accounts
for the period from 4 July 2023 to 31 July 2024
Gadiel Ventures Limited
Unaudited accounts
Contents
Gadiel Ventures Limited
Company Information
for the period from 4 July 2023 to 31 July 2024
Directors
Akonofua Cynthia EBEYE
Chukwuyem Sunday EBEYE
Company Number
14979950 (England and Wales)
Registered Office
2 Downs Park Avenue
Totton
Southampton
Hampshire
SO40 9JD
England
Accountants
Johnson Olanrewaju
High Glory Associates
10 Riverdale Road
Kent
BEXLEY
Dartford, Kent
DA5 1QZ
Gadiel Ventures Limited
Statement of financial position
as at 31 July 2024
Cash at bank and in hand
233
Creditors: amounts falling due within one year
(1,080)
Net current liabilities
(847)
Total assets less current liabilities
100,030
Creditors: amounts falling due after more than one year
(105,967)
Profit and loss account
(5,939)
Shareholders' funds
(5,937)
For the period ending 31 July 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 5 November 2024 and were signed on its behalf by
Chukwuyem Sunday EBEYE
Director
Company Registration No. 14979950
Gadiel Ventures Limited
Notes to the Accounts
for the period from 4 July 2023 to 31 July 2024
Gadiel Ventures Limited is a private company, limited by shares, registered in England and Wales, registration number 14979950. The registered office is 2 Downs Park Avenue, Totton, Southampton, Hampshire, SO40 9JD, England.
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 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:
Land & buildings
1% Provision to write off refurbishment
4
Tangible fixed assets
Land & buildings
5
Creditors: amounts falling due within one year
2024
Gadiel Ventures Limited
Notes to the Accounts
for the period from 4 July 2023 to 31 July 2024
6
Creditors: amounts falling due after more than one year
2024
Loans from directors
46,054
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
8
Average number of employees
During the period the average number of employees was 2.