VENTURE ZERO LTD

Company Registration Number:
10054430 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

VENTURE ZERO LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

VENTURE ZERO LTD

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 1,496 823
Total fixed assets: 1,496 823
Current assets
Debtors:   17,340 57,882
Cash at bank and in hand: 11,567 37,635
Total current assets: 28,907 95,517
Creditors: amounts falling due within one year:   (16,383) (61,243)
Net current assets (liabilities): 12,524 34,274
Total assets less current liabilities: 14,020 35,097
Creditors: amounts falling due after more than one year:   (5,333) (9,333)
Total net assets (liabilities): 8,687 25,764
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 8,677 25,754
Shareholders funds: 8,687 25,764

The notes form part of these financial statements

VENTURE ZERO LTD

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 06 November 2024
and signed on behalf of the board by:

Name: Clare Michelle Blunt
Status: Director

The notes form part of these financial statements

VENTURE ZERO LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Fixtures, fittings & equipment - 15% straight line

VENTURE ZERO LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 2 1

VENTURE ZERO LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 2,213
Additions 833
At 31 March 2024 3,046
Depreciation
At 01 April 2023 1,390
Charge for year 160
At 31 March 2024 1,550
Net book value
At 31 March 2024 1,496
At 31 March 2023 823

VENTURE ZERO LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Related party transactions

Name of the related party: Clare Michelle Blunt
Relationship:
Director
Description of the Transaction: Loan of funds to the company
£
Balance at 01 April 2023 119
Balance at 31 March 2024 59