Company No:
Contents
DIRECTOR | Oliver Rouane-Williams (Appointed 24 August 2023) |
REGISTERED OFFICE | Gascoyne House Moseleys Farm Business Centre |
Fornham All Saints | |
Bury St Edmunds | |
IP28 6JY | |
United Kingdom |
COMPANY NUMBER | 15093548 (England and Wales) |
CHARTERED ACCOUNTANTS | Gascoynes |
Gascoyne House | |
Moseleys Farm Business Centre | |
Fornham All Saints | |
Bury St Edmunds | |
Suffolk | |
IP28 6JY |
Note | 31.12.2024 | |
£ | ||
Fixed assets | ||
Intangible assets | 3 |
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Tangible assets | 4 |
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36,536 | ||
Current assets | ||
Debtors | 5 |
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Cash at bank and in hand |
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43,624 | ||
Creditors: amounts falling due within one year | 6 | (
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Net current liabilities | (36,516) | |
Total assets less current liabilities | 20 | |
Net assets |
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Capital and reserves | ||
Called-up share capital | 7 |
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Profit and loss account |
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Total shareholder's funds |
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Director's responsibilities:
These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Anglia Ventures Limited (registered number:
Oliver Rouane-Williams
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.
Anglia Ventures Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Gascoyne House Moseleys Farm Business Centre, Fornham All Saints, Bury St Edmunds, IP28 6JY, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Other intangible assets |
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Computer equipment |
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The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.
Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Period from 24.08.2023 to 31.12.2024 |
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Number | |
Monthly average number of persons employed by the Company during the period, including the director |
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Other intangible assets | Total | ||
£ | £ | ||
Cost | |||
At 24 August 2023 |
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Additions |
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At 31 December 2024 |
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Accumulated amortisation | |||
At 24 August 2023 |
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Charge for the financial period |
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At 31 December 2024 |
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Net book value | |||
At 31 December 2024 |
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Computer equipment | Total | ||
£ | £ | ||
Cost | |||
At 24 August 2023 |
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Additions |
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At 31 December 2024 |
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Accumulated depreciation | |||
At 24 August 2023 |
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Charge for the financial period |
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At 31 December 2024 |
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Net book value | |||
At 31 December 2024 |
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31.12.2024 | |
£ | |
Other debtors |
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31.12.2024 | |
£ | |
Taxation and social security |
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Other creditors |
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31.12.2024 | |
£ | |
Allotted, called-up and fully-paid | |
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Transactions with the entity's director
31.12.2024 | |
£ | |
Directors loan account | 2,661 |
During the year, the company made interest-free advances to a director amounting to £2,661. The balance will be cleared through dividends within 9 months.