VENTURE MEDICAL (UK) LTD

Company Registration Number:
SC403088 (Scotland)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

VENTURE MEDICAL (UK) LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

VENTURE MEDICAL (UK) LTD

Company Information

for the Period Ended 31 March 2024




Director: Craig Borthwick
Registered office: 3
Kingsley Court
Uddingston
Glasgow
G71 6QH
Company Registration Number: SC403088 (Scotland)

VENTURE MEDICAL (UK) LTD

Directors' Report Period Ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal Activities

The principal activity of the company during the period was the provision of training and expeditions.

Directors

The directors shown below have held office during the whole of the period from 01 April 2023 to 31 March 2024
Craig Borthwick

This report was approved by the board of directors on 7 November 2024
And Signed On Behalf Of The Board By:

Name: Craig Borthwick
Status: Director

VENTURE MEDICAL (UK) LTD

Profit and Loss Account

for the Period Ended 31 March 2024


Notes

2024
£

2023
£
Turnover 17,690 28,580
Cost of sales ( 9,936 ) ( 21,868 )
Gross Profit or (Loss) 7,754 6,712
Administrative Expenses ( 5,879 ) ( 8,246 )
Operating Profit or (Loss) 1,875 ( 1,534 )
Profit or (Loss) Before Tax 1,875 ( 1,534 )
Tax on Profit ( 364 ) -
Profit or (Loss) for Period 1,511 ( 1,534 )

The notes form part of these financial statements

VENTURE MEDICAL (UK) LTD

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 3,958 4,778
Total fixed assets: 3,958 4,778
Current assets
Cash at bank and in hand: 3,822 2,548
Total current assets: 3,822 2,548
Creditors: amounts falling due within one year: 5 ( 1,280 ) ( 1,336 )
Net current assets (liabilities): 2,542 1,212
Total assets less current liabilities: 6,500 5,990
Total net assets (liabilities): 6,500 5,990

The notes form part of these financial statements

VENTURE MEDICAL (UK) LTD

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 6,400 5,890
Shareholders funds: 6,500 5,990

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.

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

This report was approved by the board of directors on 7 November 2024
And Signed On Behalf Of The Board By:

Name: Craig Borthwick
Status: Director

The notes form part of these financial statements

VENTURE MEDICAL (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

VENTURE MEDICAL (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

VENTURE MEDICAL (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

VENTURE MEDICAL (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible assets

Plant & machinery Office equipment Total
Cost £ £ £
At 01 April 2023 14,262 368 14,630
Additions 1,628 - 1,628
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 March 2024 15,890 368 16,258
Depreciation
At 01 April 2023 9,484 368 9,852
Charge for year 2,448 - 2,448
On disposals - - -
Other adjustments - - -
At 31 March 2024 11,932 368 12,300
Net book value
At 31 March 2024 3,958 0 3,958
At 31 March 2023 4,778 0 4,778

VENTURE MEDICAL (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 364
Accruals and deferred income 400 500
Other creditors 516 836
Total 1,280 1,336