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Company Registration No. 13423479 (England and Wales)
CHELMSFORD VENTURES LTD Unaudited accounts for the year ended 31 May 2024
CHELMSFORD VENTURES LTD Unaudited accounts Contents
Page
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CHELMSFORD VENTURES LTD Company Information for the year ended 31 May 2024
Director
Martin Fried
Company Number
13423479 (England and Wales)
Registered Office
C/O Map accounting Limited Unit - 4, The technology park London NW9 6BX United Kingdom
Accountants
MAP Accounting Limited 26 Oakfield Avenue Harrow HA3 8TJ
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CHELMSFORD VENTURES LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
- 
500,000 
Current assets
Inventories
- 
904,789 
Debtors
- 
34,725 
Cash at bank and in hand
- 
87,468 
- 
1,026,982 
Creditors: amounts falling due within one year
(78,558)
(91,949)
Net current (liabilities)/assets
(78,558)
935,033 
Total assets less current liabilities
(78,558)
1,435,033 
Creditors: amounts falling due after more than one year
- 
(1,448,031)
Net liabilities
(78,558)
(12,998)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(78,658)
(13,098)
Shareholders' funds
(78,558)
(12,998)
For the year ending 31 May 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 his 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 4 June 2025 and were signed on its behalf by
Martin Fried Director Company Registration No. 13423479
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CHELMSFORD VENTURES LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
CHELMSFORD VENTURES LTD is a private company, limited by shares, registered in England and Wales, registration number 13423479. The registered office is C/O Map accounting Limited, Unit - 4, The technology park, London, NW9 6BX, United Kingdom.
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.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2024 
£ 
Fair value at 1 June 2023
500,000 
Disposals
(500,000)
At 31 May 2024
- 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
21,450 
Other debtors
- 
13,275 
- 
34,725 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
(225)
Trade creditors
- 
83,933 
Other creditors
77,262 
4,896 
Loans from directors
- 
2,245 
Accruals
1,296 
1,100 
78,558 
91,949 
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CHELMSFORD VENTURES LTD Notes to the Accounts for the year ended 31 May 2024
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
1,048,031 
Other creditors
- 
400,000 
- 
1,448,031 
8
Controlling party
The ultimate owner is Martin Fried.
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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