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REGISTERED NUMBER: 13459452 (England and Wales)











CT GROUP VENTURES LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2024






CT GROUP VENTURES LIMITED (REGISTERED NUMBER: 13459452)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


CT GROUP VENTURES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JUNE 2024







DIRECTORS: Sir Lynton K Crosby AO
S D Muncer
J G de Jager
P D J Ickeringill





REGISTERED OFFICE: One Strand
Trafalgar Square
London
WC2N 5EJ





REGISTERED NUMBER: 13459452 (England and Wales)





INDEPENDENT AUDITOR: Crowe U.K. LLP
55 Ludgate Hill
London
EC4M 7JW

CT GROUP VENTURES LIMITED (REGISTERED NUMBER: 13459452)

BALANCE SHEET
30TH JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 214,364 214,364

CURRENT ASSETS
Debtors 5 100 42,973

CREDITORS
Amounts falling due within one year 6 45,995 86,809
NET CURRENT LIABILITIES (45,895 ) (43,836 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

168,469

170,528

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 168,369 170,428
SHAREHOLDERS' FUNDS 168,469 170,528

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 Board of Directors and authorised for issue on 11th December 2024 and were signed on its behalf by:





S D Muncer - Director


CT GROUP VENTURES LIMITED (REGISTERED NUMBER: 13459452)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024


1. STATUTORY INFORMATION

CT Group Ventures Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES

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

CT GROUP VENTURES LIMITED (REGISTERED NUMBER: 13459452)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024


4. FIXED ASSET INVESTMENTS
Other
investmen
£   
COST
At 1st July 2023
and 30th June 2024 214,364
NET BOOK VALUE
At 30th June 2024 214,364
At 30th June 2023 214,364

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 100 42,973

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 45,995 43,936
Taxation and social security - 42,873
45,995 86,809

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditor was unqualified.

Stephen Bullock (Senior Statutory Auditor)
for and on behalf of Crowe U.K. LLP

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are the directors of CT Group Holdings Limited, which is also the immediate and ultimate parent company and whose registered office is One Strand, Trafalgar Square, London WC2N 5EJ.

The results of CT Group Ventures Limited are included in the consolidated accounts of CT Group Holdings Limited.