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REGISTERED NUMBER: 05606552 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Vantage Venues Limited

Vantage Venues Limited (Registered number: 05606552)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


Vantage Venues Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: J S Kettner
Mrs J C Kettner





SECRETARY: Mrs J C Kettner





REGISTERED OFFICE: 5 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD





REGISTERED NUMBER: 05606552 (England and Wales)





ACCOUNTANTS: Henry Reeves & Co Limited
Chartered Certified Accountants
5 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD

Vantage Venues Limited (Registered number: 05606552)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 49,490 30,800
49,490 30,800

CURRENT ASSETS
Debtors 6 17,311 17,112
Cash at bank 30,899 40,870
48,210 57,982
CREDITORS
Amounts falling due within one year 7 72,254 60,620
NET CURRENT LIABILITIES (24,044 ) (2,638 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,446

28,162

CREDITORS
Amounts falling due after more than one
year

8

(4,095

)

(10,113

)

PROVISIONS FOR LIABILITIES (1,246 ) (1,130 )
NET ASSETS 20,105 16,919

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 20,005 16,819
20,105 16,919

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Vantage Venues Limited (Registered number: 05606552)

Balance Sheet - continued
31 December 2024


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 Board of Directors and authorised for issue on 6 May 2025 and were signed on its behalf by:





J S Kettner - Director


Vantage Venues Limited (Registered number: 05606552)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Vantage Venues 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.

Goodwill
Acquired goodwill has been written off in equal annual instalments.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 10% on cost
Fixtures and fittings - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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.

Vantage Venues Limited (Registered number: 05606552)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 10,000
AMORTISATION
At 1 January 2024
and 31 December 2024 10,000
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST
At 1 January 2024 45,961 7,643 53,604
Additions 25,806 847 26,653
At 31 December 2024 71,767 8,490 80,257
DEPRECIATION
At 1 January 2024 18,235 4,569 22,804
Charge for year 7,177 786 7,963
At 31 December 2024 25,412 5,355 30,767
NET BOOK VALUE
At 31 December 2024 46,355 3,135 49,490
At 31 December 2023 27,726 3,074 30,800

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 10,441 11,995
Other debtors 6,870 5,117
17,311 17,112

Vantage Venues Limited (Registered number: 05606552)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,018 5,870
Taxation and social security 27,140 15,707
Other creditors 39,096 39,043
72,254 60,620

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 4,095 10,113

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in other creditors is £30,921 (2023: £30,993) due to J Kettner in respect of his director's loan account. The loan is unsecured, interest free and repayable on demand.