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REGISTERED NUMBER: SC381063 (Scotland)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

VENAIR LIMITED

VENAIR LIMITED (REGISTERED NUMBER: SC381063)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


VENAIR LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTOR: M F Zamora





REGISTERED OFFICE: Unit 26 Dunfermline Business Centre
Izatt Avenue
Dunfermline
Scotland
KY11 3BZ





REGISTERED NUMBER: SC381063 (Scotland)





AUDITORS: Hollis and Co Limited
Chartered Accountants
Statutory Auditor
35 Wilkinson Street
Sheffield
South Yorkshire
S10 2GB

VENAIR LIMITED (REGISTERED NUMBER: SC381063)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Stocks 51,845 52,148
Debtors 5 84,568 118,237
Cash at bank 87,719 168,832
224,132 339,217
CREDITORS
Amounts falling due within one year 6 162,456 280,830
NET CURRENT ASSETS 61,676 58,387
TOTAL ASSETS LESS CURRENT
LIABILITIES

61,676

58,387

CAPITAL AND RESERVES
Called up share capital 350,000 350,000
Retained earnings (288,324 ) (291,613 )
SHAREHOLDERS' FUNDS 61,676 58,387

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 director and authorised for issue on 21 May 2025 and were signed by:





M F Zamora - Director


VENAIR LIMITED (REGISTERED NUMBER: SC381063)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Venair Limited is a private company, limited by shares , registered in Scotland. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024
and 31 December 2024 11,308
DEPRECIATION
At 1 January 2024
and 31 December 2024 11,308
NET BOOK VALUE
At 31 December 2024 -

VENAIR LIMITED (REGISTERED NUMBER: SC381063)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 73,895 107,305
Other debtors 10,673 10,932
84,568 118,237

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,227 7,066
Amounts owed to group undertakings 100,934 229,518
Taxation and social security 33,329 33,497
Other creditors 26,966 10,749
162,456 280,830

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 28,277 9,471
Between one and five years 6,909 854
35,186 10,325

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

The Report of the Auditors was unqualified.

PETER HOLLIS (Senior Statutory Auditor)
for and on behalf of Hollis and Co Limited

9. ULTIMATE CONTROLLING PARTY

The controlling party is VFM S.L., a company registered in Spain.

The ultimate controlling party is FAF S.L., a company registered in Spain.