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REGISTERED NUMBER: 14747020 (England and Wales)















Unaudited Financial Statements

for the Period 21 March 2023 to 31 August 2024

for

22 Ventures Group Ltd

22 Ventures Group Ltd (Registered number: 14747020)






Contents of the Financial Statements
for the Period 21 March 2023 to 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


22 Ventures Group Ltd

Company Information
for the Period 21 March 2023 to 31 August 2024







DIRECTORS: J Deary
A T Lunt





REGISTERED OFFICE: 111 Allerton Road
Mossley Hill
Liverpool
L18 2DD





REGISTERED NUMBER: 14747020 (England and Wales)





ACCOUNTANTS: LJS Accounting Services (UK) Ltd
Unit 5, 1st Floor
Connect Business Village
24 Derby Road
Liverpool
Merseyside
L5 9PR

22 Ventures Group Ltd (Registered number: 14747020)

Balance Sheet
31 August 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 4,261

CURRENT ASSETS
Debtors 5 83,335
Cash at bank 20,711
104,046
CREDITORS
Amounts falling due within one year 6 21,628
NET CURRENT ASSETS 82,418
TOTAL ASSETS LESS CURRENT
LIABILITIES

86,679

CREDITORS
Amounts falling due after more than one
year

7

(80,174

)

PROVISIONS FOR LIABILITIES (810 )
NET ASSETS 5,695

RESERVES
Retained earnings 5,695
5,695

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

22 Ventures Group Ltd (Registered number: 14747020)

Balance Sheet - continued
31 August 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 January 2025 and were signed on its behalf by:





J Deary - Director


22 Ventures Group Ltd (Registered number: 14747020)

Notes to the Financial Statements
for the Period 21 March 2023 to 31 August 2024

1. STATUTORY INFORMATION

22 Ventures Group Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 20% on reducing balance

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 9 .

22 Ventures Group Ltd (Registered number: 14747020)

Notes to the Financial Statements - continued
for the Period 21 March 2023 to 31 August 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
Additions 1,233 2,028 1,259 4,520
At 31 August 2024 1,233 2,028 1,259 4,520
DEPRECIATION
Charge for period 71 78 110 259
At 31 August 2024 71 78 110 259
NET BOOK VALUE
At 31 August 2024 1,162 1,950 1,149 4,261

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 71
Other debtors 83,264
83,335

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 234
Trade creditors 233
Amounts owed to group undertakings 2,000
Taxation and social security 15,785
Other creditors 3,376
21,628

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Other creditors 80,174