1 June 2023 false No description of principal activity Taxfiler 2024.6 true 14108444business:PrivateLimitedCompanyLtd2023-06-012024-05-31 141084442023-05-31 141084442023-06-012024-05-31 14108444business:AuditExemptWithAccountantsReport2023-06-012024-05-31 14108444business:FilletedAccounts2023-06-012024-05-31 141084442024-05-31 14108444business:Director12023-06-012024-05-31 14108444business:Director22023-06-012024-05-31 14108444business:RegisteredOffice2023-06-012024-05-31 141084442023-05-31 14108444core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 14108444core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 14108444core:CapitalContributionReservecore:PreviouslyStatedAmount2024-05-31 14108444core:CapitalContributionReservecore:PreviouslyStatedAmount2023-05-31 14108444core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 14108444core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 14108444core:PreviouslyStatedAmount2024-05-31 14108444core:PreviouslyStatedAmount2023-05-31 14108444business:SmallEntities2023-06-012024-05-31 14108444countries:EnglandWales2023-06-012024-05-31 14108444core:AfterOneYear2024-05-31 14108444core:AfterOneYear2023-05-31 14108444core:OtherProvisionsContingentLiabilities2023-05-31 14108444core:OtherProvisionsContingentLiabilities2024-05-31 14108444business:OrdinaryShareClass12023-06-012024-05-31 14108444business:OrdinaryShareClass12023-05-162023-05-31 1410844412023-06-012024-05-31 141084442023-05-162023-05-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 14108444 (England and Wales)
TANTALUM MINING VENTURES LIMITED Unaudited Accounts for the year ended 31 May 2024
TANTALUM MINING VENTURES LIMITED Unaudited Accounts Contents
Page
- 2 -
TANTALUM MINING VENTURES LIMITED Company Information for the year ended 31 May 2024
Directors
LUCKERATH, Thomas, Dr ESAN, Folabi, Mr.
Company Number
14108444 (England and Wales)
Registered Office
Platinum House Lyon Road Harrow Middlesex HA1 2EX England
Accountants
Wrights Consulting Ltd 14 Dovedale Road Dartford Kent DA2 6JJ
- 3 -
TANTALUM MINING VENTURES LIMITED Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
39,255 
38,812 
Cash at bank and in hand
12,261 
12,712 
51,516 
51,524 
Net current assets
51,516 
51,524 
Total assets less current liabilities
51,516 
51,524 
Provisions for liabilities
Other provisions
(450)
(450)
Net assets
51,066 
51,074 
Capital and reserves
Called up share capital
1,380 
1,380 
Capital contribution reserve
49,741 
49,741 
Profit and loss account
(55)
(47)
Shareholders' funds
51,066 
51,074 
For the year ending 31 May 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 February 2025 and were signed on its behalf by
LUCKERATH, Thomas, Dr Director Company Registration No. 14108444
- 4 -
TANTALUM MINING VENTURES LIMITED Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
TANTALUM MINING VENTURES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14108444. The registered office is Platinum House, Lyon Road, Harrow, Middlesex, HA1 2EX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Presentation currency
The accounts are presented in £ sterling.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Going concern
An entity prepares financial statements on a going concern basis when, under the going concern assumption, the entity is viewed as continuing in business for the foreseeable future.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
39,255 
38,812 
5
Provisions for liabilities
£ 
At 1 June 2023
450 
At 31 May 2024
450 
This is a provision for Accounting fees
- 5 -
TANTALUM MINING VENTURES LIMITED Notes to the Accounts for the year ended 31 May 2024
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1,800 Ordinary shares of £0.766666 each
1,379.99 
1,379.99 
7
Transactions with related parties
The loan granted to a shareholder (Mr. Esan Folabi) is a non-interest loan in the previous year and it is still out standing in the current year.
8
Post balance sheet events
1. ESAN, Folabi, Mr. was appointed as a Director on June 15, 2024. 2. The Registered Business Address was changed to 518 Platinum House Lyon Road, Harrow, England, England, HA1 2EX on June 22, 2024
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -