2023-08-10 15063746 2024-12-31 15063746 2023-08-10 2024-12-31 15063746 uk-core:WithinOneYear 2024-12-31 15063746 uk-core:AfterOneYear 2024-12-31 15063746 uk-core:ShareCapital 2024-12-31 15063746 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 15063746 uk-bus:Director1 2023-08-10 2024-12-31 15063746 uk-core:FurnitureFittings 2023-08-10 2024-12-31 iso4217:GBP xbrli:pure 15063746 uk-bus:AuditExemptWithAccountantsReport 2023-08-10 2024-12-31 15063746 uk-bus:FRS102 2023-08-10 2024-12-31 15063746 uk-bus:FilletedAccounts 2023-08-10 2024-12-31 15063746 uk-bus:PrivateLimitedCompanyLtd 2023-08-10 2024-12-31
Venture Centre Properties Ltd
Registered Number:15063746
For the period ended 31 December 2024
England and Wales
Unaudited Financial Statements
2
For the period ended 31 December 2024
Venture Centre Properties Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
15063746
As at 31 December 2024
Venture Centre Properties Ltd
Statement of Financial Position
£
2024
Notes
Fixed assets
Property, plant and equipment
6,376
2
3
506,582
Investment property
512,958
Current assets
Trade and other receivables
7,178
4
Cash and cash equivalents
750
7,928
Trade and other payables: amounts falling due within one
year
(28,574)
5
(20,646)
Net current liabilities
Total assets less current liabilities
492,312
Trade and other payables: amounts falling due after more
than one year
(515,535)
6
(23,223)
Net assets/liabilities
Capital and reserves
Called up share capital
1,000
Retained earnings
(24,223)
(23,223)
Shareholders' funds
For the period ended 31 December 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 of its financial statements for the period ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
R B Thomas Director
These financial statements were approved and authorised for issue by the Board on 09 May 2025 and were signed by:
The notes form part of these financial statements
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4
For the period ended 31 December 2024
Venture Centre Properties Ltd
Notes to the Financial Statements
Statutory Information
Venture Centre Properties Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 15063746.
Registered address:
25 Southernhay East
Exeter
Devon
EX1 1QP
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
20% Straight line
Furniture and Fittings
2. Property, plant and equipment
Furniture and
Fittings
£
Cost or
valuation
7,971
Additions
At 31 December 2024
7,971
Provision for depreciation and impairment
Charge for period
1,595
At 31 December 2024
1,595
At 31 December 2024
Net book value
6,376
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5
For the period ended 31 December 2024
Venture Centre Properties Ltd
Notes to the Financial Statements Continued
3. Investment property
Total
£
Fair value
Additions
506,582
At 31 December 2024
506,582
Net book value
At 31 December 2024
506,582
4. Trade and other receivables
2024
£
Other debtors
7,178
5. Trade and other payables: amounts falling due within one year
2024
£
Taxation and social security
24
Other creditors
28,550
28,574
6. Trade and other payables: amounts falling due after more than one year
2024
£
Other creditors
515,535
7. Average number of persons employed
During the period the average number of employees was 2
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