1 January 2024 false Taxfiler 2024.6 SC466409business:PrivateLimitedCompanyLtd2024-01-012024-12-31 SC4664092023-12-31 SC4664092024-01-012024-12-31 SC466409business:AuditExemptWithAccountantsReport2024-01-012024-12-31 SC466409business:FilletedAccounts2024-01-012024-12-31 SC4664092024-12-31 SC466409business:Director22024-01-012024-12-31 SC466409business:RegisteredOffice2024-01-012024-12-31 SC4664092023-12-31 SC466409core:WithinOneYear2024-12-31 SC466409core:WithinOneYear2023-12-31 SC466409core:AfterOneYear2024-12-31 SC466409core:AfterOneYear2023-12-31 SC466409core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 SC466409core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 SC466409core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 SC466409core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 SC466409core:PreviouslyStatedAmount2024-12-31 SC466409core:PreviouslyStatedAmount2023-12-31 SC466409business:SmallEntities2024-01-012024-12-31 SC466409countries:Scotland2024-01-012024-12-31 SC466409core:PlantMachinery2024-01-012024-12-31 SC466409core:FurnitureFittings2024-01-012024-12-31 SC466409core:IntangibleAssetsOtherThanGoodwill2023-12-31 SC466409core:IntangibleAssetsOtherThanGoodwill2024-12-31 SC466409core:FurnitureFittings2023-12-31 SC466409core:FurnitureFittings2024-12-31 SC4664092023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC466409 (Scotland)
SELAH BUSINESS VENTURES LTD Unaudited accounts for the year ended 31 December 2024
SELAH BUSINESS VENTURES LTD Unaudited accounts Contents
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SELAH BUSINESS VENTURES LTD Company Information for the year ended 31 December 2024
Director
OMOTOWA, Helen Tosin
Company Number
SC466409 (Scotland)
Registered Office
11 TELFORD GROVE EDINBURGH EH4 2UL
Accountants
Chari Consulting Ltd - Incorporated Financial Accountants Office 77 - 2nd Floor Pure Offices - 4-5 Lochside Way Edinburgh EH12 9DT
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SELAH BUSINESS VENTURES LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
4,794 
4,794 
Tangible assets
4,731 
3,862 
Investment property
311,502 
311,502 
321,027 
320,158 
Current assets
Cash at bank and in hand
9,796 
8,920 
Creditors: amounts falling due within one year
(600)
(300)
Net current assets
9,196 
8,620 
Total assets less current liabilities
330,223 
328,778 
Creditors: amounts falling due after more than one year
(358,303)
(359,254)
Net liabilities
(28,080)
(30,476)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(28,180)
(30,576)
Shareholders' funds
(28,080)
(30,476)
For the year ending 31 December 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 22 June 2025 and were signed on its behalf by
OMOTOWA, Helen Tosin Director Company Registration No. SC466409
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SELAH BUSINESS VENTURES LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
SELAH BUSINESS VENTURES LTD is a private company, limited by shares, registered in Scotland, registration number SC466409. The registered office is 11 TELFORD GROVE, EDINBURGH, EH4 2UL.
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.
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
25% straight line.
Fixtures & fittings
25% straight line.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2024
4,794 
At 31 December 2024
4,794 
Amortisation
At 1 January 2024
- 
At 31 December 2024
- 
Net book value
At 31 December 2024
4,794 
At 31 December 2023
4,794 
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SELAH BUSINESS VENTURES LTD Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 January 2024
6,465 
Additions
2,875 
At 31 December 2024
9,340 
Depreciation
At 1 January 2024
2,603 
Charge for the year
2,006 
At 31 December 2024
4,609 
Net book value
At 31 December 2024
4,731 
At 31 December 2023
3,862 
6
Investment property
2024 
£ 
Fair value at 1 January 2024
311,502 
At 31 December 2024
311,502 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Accruals
600 
300 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
307,876 
325,398 
Loans from directors
50,427 
33,856 
358,303 
359,254 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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