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Company No: 15093548 (England and Wales)

ANGLIA VENTURES LIMITED

Unaudited Financial Statements
For the financial period from 24 August 2023 to 31 December 2024
Pages for filing with the registrar

ANGLIA VENTURES LIMITED

Unaudited Financial Statements

For the financial period from 24 August 2023 to 31 December 2024

Contents

ANGLIA VENTURES LIMITED

COMPANY INFORMATION

For the financial period from 24 August 2023 to 31 December 2024
ANGLIA VENTURES LIMITED

COMPANY INFORMATION (continued)

For the financial period from 24 August 2023 to 31 December 2024
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
ANGLIA VENTURES LIMITED

BALANCE SHEET

As at 31 December 2024
ANGLIA VENTURES LIMITED

BALANCE SHEET (continued)

As at 31 December 2024
Note 31.12.2024
£
Fixed assets
Intangible assets 3 34,410
Tangible assets 4 2,126
36,536
Current assets
Debtors 5 4,503
Cash at bank and in hand 39,121
43,624
Creditors: amounts falling due within one year 6 ( 80,140)
Net current liabilities (36,516)
Total assets less current liabilities 20
Net assets 20
Capital and reserves
Called-up share capital 7 1
Profit and loss account 19
Total shareholder's funds 20

For the financial period ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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: 15093548) were approved and authorised for issue by the Director on 05 March 2025. They were signed on its behalf by:

Oliver Rouane-Williams
Director
ANGLIA VENTURES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 24 August 2023 to 31 December 2024
ANGLIA VENTURES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 24 August 2023 to 31 December 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

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 £.

Going concern

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

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
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.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Other intangible assets 5 years straight line
Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Computer equipment 4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

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.

Impairment of assets

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 instruments

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.

2. Employees

Period from
24.08.2023 to
31.12.2024
Number
Monthly average number of persons employed by the Company during the period, including the director 1

3. Intangible assets

Other intangible assets Total
£ £
Cost
At 24 August 2023 0 0
Additions 39,933 39,933
At 31 December 2024 39,933 39,933
Accumulated amortisation
At 24 August 2023 0 0
Charge for the financial period 5,523 5,523
At 31 December 2024 5,523 5,523
Net book value
At 31 December 2024 34,410 34,410

4. Tangible assets

Computer equipment Total
£ £
Cost
At 24 August 2023 0 0
Additions 2,417 2,417
At 31 December 2024 2,417 2,417
Accumulated depreciation
At 24 August 2023 0 0
Charge for the financial period 291 291
At 31 December 2024 291 291
Net book value
At 31 December 2024 2,126 2,126

5. Debtors

31.12.2024
£
Other debtors 4,503

6. Creditors: amounts falling due within one year

31.12.2024
£
Taxation and social security 13,980
Other creditors 66,160
80,140

7. Called-up share capital

31.12.2024
£
Allotted, called-up and fully-paid
10,000 Ordinary shares of £ 0.0001 each 1

8. Related party transactions

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.