Company Registration No. 11372910 (England and Wales)
Venzard Ltd
Unaudited accounts
for the year ended 31 May 2024
Venzard Ltd
Unaudited accounts
Contents
Venzard Ltd
Company Information
for the year ended 31 May 2024
Company Number
11372910 (England and Wales)
Registered Office
36 Carberry Road
Manchester
Lancashire
M18 8PG
England
Accountants
S&H Accountants
35 School Walk
Manchester
M16 7GD
Venzard Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
2,708
3,366
Cash at bank and in hand
-
12,641
Creditors: amounts falling due within one year
(19,950)
(15,911)
Net current liabilities
(19,843)
(3,163)
Total assets less current liabilities
(17,135)
203
Creditors: amounts falling due after more than one year
(14,874)
(17,961)
Net liabilities
(32,009)
(17,758)
Called up share capital
100
100
Profit and loss account
(32,109)
(17,858)
Shareholders' funds
(32,009)
(17,758)
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 director acknowledges his 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 and authorised for issue on 25 February 2025 and were signed on its behalf by
Showrov Ahamed
Director
Company Registration No. 11372910
Venzard Ltd
Notes to the Accounts
for the year ended 31 May 2024
Venzard Ltd is a private company, limited by shares, registered in England and Wales, registration number 11372910. The registered office is 36 Carberry Road, Manchester, Lancashire, M18 8PG, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% per annum on the basis of reducing balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
458
6,089
6,547
At 31 May 2024
458
6,089
6,547
At 1 June 2023
163
3,018
3,181
Charge for the year
44
614
658
At 31 May 2024
207
3,632
3,839
At 31 May 2024
251
2,457
2,708
At 31 May 2023
295
3,071
3,366
Amounts falling due within one year
Venzard Ltd
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
136
-
Taxes and social security
1,517
516
Loans from directors
17,337
13,378
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).