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REGISTERED NUMBER: SC161411 (Scotland)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

VENTURE IN LIMITED

VENTURE IN LIMITED (REGISTERED NUMBER: SC161411)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


VENTURE IN LIMITED

COMPANY INFORMATION
for the Year Ended 30 November 2024







DIRECTOR: G Boyle





REGISTERED OFFICE: 27 Ingram Street
Glasgow
G1 1HA





REGISTERED NUMBER: SC161411 (Scotland)





ACCOUNTANTS: Kean Jarman & Company
Chartered Accountants
27 Ingram Street
Glasgow
G1 1HA

VENTURE IN LIMITED (REGISTERED NUMBER: SC161411)

BALANCE SHEET
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 99,940 99,940

CURRENT ASSETS
Debtors 5 4,400 4,400
Cash at bank 14 14
4,414 4,414
CREDITORS
Amounts falling due within one year 6 83,095 83,095
NET CURRENT LIABILITIES (78,681 ) (78,681 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,259

21,259

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 7 20,000 20,000
Retained earnings 1,159 1,159
SHAREHOLDERS' FUNDS 21,259 21,259

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

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 director and authorised for issue on 31 January 2025 and were signed by:





G Boyle - Director


VENTURE IN LIMITED (REGISTERED NUMBER: SC161411)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Venture In Limited is a private company, limited by shares , registered in Scotland. 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 as modified by the revaluation of certain assets.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 December 2023
and 30 November 2024 99,940
NET BOOK VALUE
At 30 November 2024 99,940
At 30 November 2023 99,940

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Other debtors 4,400 4,400

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Other creditors 78,822 78,822
Directors' current accounts 4,273 4,273
83,095 83,095

7. RESERVES
Revaluation
reserve
£   
At 1 December 2023
and 30 November 2024 20,000

VENTURE IN LIMITED (REGISTERED NUMBER: SC161411)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2024

8. RELATED PARTY DISCLOSURES

At the year end Venture In Ltd owed £78,822 to Claremont Property Investment Ltd. (2023- £78,822).The maximum amount outstanding during the year was £78,822. Graham Boyle is a director and shareholder in both Venture In Ltd and Claremont Property Investment Ltd.

The company owns 99,940 ordinary shares of £1 each in Cairns Office Design Ltd, a company registered in Northern Ireland. The company is owed £1,000 by a director of Cairns Office Design Ltd and £3,400 by the company itself.

Graham Boyle was owed £4,273 (£4,273 - 2023) by the company at the year end. The maximum amount outstanding during the year was £4,273.