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REGISTERED NUMBER: 07633342 (England and Wales)


















Unaudited Financial Statements for the Year Ended 30 April 2024

for

inVenturez Limited

inVenturez Limited (Registered number: 07633342)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


inVenturez Limited (Registered number: 07633342)

Balance Sheet
30 April 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,952 2,245

CURRENT ASSETS
Debtors 5 256,262 211,384
Cash at bank 47,574 65,642
303,836 277,026
CREDITORS
Amounts falling due within one year 6 (119,567 ) (115,799 )
NET CURRENT ASSETS 184,269 161,227
TOTAL ASSETS LESS CURRENT
LIABILITIES

186,221

163,472

CREDITORS
Amounts falling due after more than one year 7 (28,866 ) (34,036 )
NET ASSETS 157,355 129,436

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 157,255 129,336
SHAREHOLDERS' FUNDS 157,355 129,436

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

inVenturez Limited (Registered number: 07633342)

Balance Sheet - continued
30 April 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 October 2024 and were signed by:





G D Watkins - Director


inVenturez Limited (Registered number: 07633342)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

inVenturez Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07633342

Registered office: Treviot House
186-192 High Road
Ilford
Essex
IG1 1LR

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

Turnover
Turnover represents the total invoice value, excluding value added tax, of consultancy services made during the year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

inVenturez Limited (Registered number: 07633342)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 May 2023 11,350 1,583 12,933
Additions - 315 315
At 30 April 2024 11,350 1,898 13,248
DEPRECIATION
At 1 May 2023 9,105 1,583 10,688
Charge for year 562 46 608
At 30 April 2024 9,667 1,629 11,296
NET BOOK VALUE
At 30 April 2024 1,683 269 1,952
At 30 April 2023 2,245 - 2,245

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 20,646 33,908
Other debtors 235,616 177,476
256,262 211,384

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,169 5,042
Trade creditors 1,069 435
Taxation and social security 72,179 69,884
Other creditors 41,150 40,438
119,567 115,799

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 28,866 34,036

inVenturez Limited (Registered number: 07633342)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 April 2024 and the year ended 30 April 2023:

20242023
£   £   

Amounts Advanced149,561177,322
Amounts Repaid(108,615)(155,989)


Interest is charged on all loans at the official rate of interest set by the HMRC.