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REGISTERED NUMBER: 02887964 (England and Wales)
















Venues For Business Limited

Report of the Director and

Unaudited Financial Statements

for the Year Ended 31st March 2025






Venues For Business Limited (Registered number: 02887964)






Contents of the Financial Statements
for the Year Ended 31st March 2025




Page

Company Information 1

Report of the Director 2

Statement of Income and Retained Earnings 3

Statement of Financial Position 4

Notes to the Financial Statements 6


Venues For Business Limited

Company Information
for the Year Ended 31st March 2025







Director: Miss A R Woodthorpe





Registered office: 18 Queens Walk
London
NW9 8ER





Registered number: 02887964 (England and Wales)





Accountants: AN Accountancy
Accountants
4th Floor
100 Fenchurch Street
London
United Kingdom
EC3M 5JD

Venues For Business Limited (Registered number: 02887964)

Report of the Director
for the Year Ended 31st March 2025

The director presents her report with the financial statements of the company for the year ended 31st March 2025.

Director
Miss A R Woodthorpe held office during the whole of the period from 1st April 2024 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

On behalf of the board:





Miss A R Woodthorpe - Director


24th April 2025

Venues For Business Limited (Registered number: 02887964)

Statement of Income and
Retained Earnings
for the Year Ended 31st March 2025

2025 2024
Notes £    £   

Turnover 143,117 151,646

Cost of sales 4,156 6,756
Gross profit 138,961 144,890

Administrative expenses 113,181 117,351
Operating profit 4 25,780 27,539

Interest receivable and similar income 91 44
25,871 27,583

Interest payable and similar expenses 508 766
Profit before taxation 25,363 26,817

Tax on profit 5,160 6,441
Profit for the financial year 20,203 20,376

Retained earnings at beginning of year 151 75

Dividends (19,377 ) (20,300 )

Retained earnings at end of year 977 151

Venues For Business Limited (Registered number: 02887964)

Statement of Financial Position
31st March 2025

2025 2024
Notes £    £    £   
Fixed assets
Tangible assets 5 2,849 3,562

Current assets
Debtors 6 40,136 35,087
Cash at bank 6,766 12,619
46,902 47,706
Creditors
Amounts falling due within one year 7 33,252 35,906
Net current assets 13,650 11,800
Total assets less current liabilities 16,499 15,362

Creditors
Amounts falling due after more than one
year

8

(14,954

)

(14,508

)

Provisions for liabilities (542 ) (677 )
Net assets 1,003 177

Capital and reserves
Called up share capital 26 26
Retained earnings 977 151
1,003 177

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

Venues For Business Limited (Registered number: 02887964)

Statement of Financial Position - continued
31st March 2025


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 24th April 2025 and were signed by:





Miss A R Woodthorpe - Director


Venues For Business Limited (Registered number: 02887964)

Notes to the Financial Statements
for the Year Ended 31st March 2025

1. Statutory information

Venues For Business 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.

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 the cost less estimated residual value of each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 3 (2024 - 3 ) .

Venues For Business Limited (Registered number: 02887964)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2025

4. Operating profit

The operating profit is stated after charging:

2025 2024
£    £   
Depreciation - owned assets 713 499

5. Tangible fixed assets
Fixtures
and
fittings
£   
Cost
At 1st April 2024
and 31st March 2025 8,394
Depreciation
At 1st April 2024 4,832
Charge for year 713
At 31st March 2025 5,545
Net book value
At 31st March 2025 2,849
At 31st March 2024 3,562

6. Debtors: amounts falling due within one year
2025 2024
£    £   
Trade debtors 20,224 19,726
Other debtors 19,912 15,361
40,136 35,087

7. Creditors: amounts falling due within one year
2025 2024
£    £   
Bank loans and overdrafts 3,272 6,982
Taxation and social security 13,706 12,402
Other creditors 16,274 16,522
33,252 35,906

8. Creditors: amounts falling due after more than one year
2025 2024
£    £   
Bank loans 14,954 14,508

Venues For Business Limited (Registered number: 02887964)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2025

9. Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31st March 2025 and 31st March 2024:

2025 2024
£    £   
Miss A R Woodthorpe
Balance outstanding at start of year 15,361 13,157
Amounts advanced 19,912 15,361
Amounts repaid (15,361 ) (13,157 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 19,912 15,361