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Company Registration No. 13544334 (England and Wales)
VeniceW Ltd Unaudited accounts for the year ended 31 August 2024
VeniceW Ltd Company Information for the year ended 31 August 2024
Director
Venice Wanakornkul
Company Number
13544334 (England and Wales)
Registered Office
19 Kensington Court Flat 1 London W8 5DW
Accountants
Seven Eleven Accountants 75 Containerville 1 Emma Street London E2 9FP
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VeniceW Ltd Statement of financial position as at 31 August 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
3,882
3,235
Current assets
Debtors
5
84,359
40,760
Cash at bank and in hand
25,115
2,418
109,474
43,178
Creditors: amounts falling due within one year
6
(134,142)
(122,650)
Net current liabilities
(24,668)
(79,472)
Net liabilities
(20,786)
(76,237)
Capital and reserves
Called up share capital
1
1
Profit and loss account
(20,787)
(76,238)
Shareholders' funds
(20,786)
(76,237)
For the year ending 31 August 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 her 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 23 May 2025 and were signed on its behalf by
Venice Wanakornkul Director Company Registration No. 13544334
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VeniceW Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
VeniceW Ltd is a private company, limited by shares, registered in England and Wales, registration number 13544334. The registered office is 19 Kensington Court, Flat 1, London, W8 5DW.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Presentation currency
The accounts are presented in £ sterling.
Foreign exchange
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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:
Plant & machinery
5 Years
Computer equipment
5 Years
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VeniceW Ltd Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 September 2023
4,491
358
4,849
Additions
-
1,607
1,607
At 31 August 2024
4,491
1,965
6,456
Depreciation
At 1 September 2023
1,473
141
1,614
Charge for the year
898
62
960
At 31 August 2024
2,371
203
2,574
Net book value
At 31 August 2024
2,120
1,762
3,882
At 31 August 2023
3,018
217
3,235
5
Debtors
2024
2023
£
£
Amounts falling due within one year
VAT
-
847
Trade debtors
84,359
39,913
84,359
40,760
6
Creditors: amounts falling due within one year
2024
2023
£
£
VAT
486
-
Trade creditors
25,248
16,200
Loans from directors
108,408
106,450
134,142
122,650
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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