Company Registration No. 12821050 (England and Wales)
SDL VENTURES LIMITED
Unaudited accounts
for the year ended 31 August 2024
SDL VENTURES LIMITED
Unaudited accounts
Contents
SDL VENTURES LIMITED
Company Information
for the year ended 31 August 2024
Director
Martin Zvi Oppenheimer
Company Number
12821050 (England and Wales)
Registered Office
115 CRAVEN PARK ROAD
LONDON
N15 6BL
UNITED KINGDOM
Accountants
MAP Accounting Limited
26 Oakfield Avenue
Harrow
HA3 8TJ
SDL VENTURES LIMITED
Statement of financial position
as at 31 August 2024
Investment property
1,400,000
1,400,000
Cash at bank and in hand
-
210
Creditors: amounts falling due within one year
(2,662)
(825)
Net current liabilities
(2,562)
(515)
Total assets less current liabilities
1,397,438
1,399,485
Creditors: amounts falling due after more than one year
(1,105,755)
(1,105,755)
Net assets
291,683
293,730
Called up share capital
100
100
Revaluation reserve
371,381
371,381
Profit and loss account
(79,798)
(77,751)
Shareholders' funds
291,683
293,730
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 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 2 June 2025 and were signed on its behalf by
Martin Zvi Oppenheimer
Director
Company Registration No. 12821050
SDL VENTURES LIMITED
Notes to the Accounts
for the year ended 31 August 2024
SDL VENTURES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12821050. The registered office is 115 CRAVEN PARK ROAD, LONDON, N15 6BL, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 September 2023
1,400,000
At 31 August 2024
1,400,000
In the directors opinion investment property value is £1,400,000.
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
2,062
225
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
799,125
799,125
Other creditors
306,630
306,630
SDL VENTURES LIMITED
Notes to the Accounts
for the year ended 31 August 2024
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).