Company registration number 11664943 (England and Wales)
NAM VENTURES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
PAGES FOR FILING WITH REGISTRAR
NAM VENTURES LIMITED
BALANCE SHEET
AS AT
30 NOVEMBER 2024
30 November 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
250,394
251,426
Current assets
64,856
53,044
Prepayments and accrued income
223
-
0
Creditors: amounts falling due within one year
(71,285)
(48,319)
Net current (liabilities)/assets
(6,206)
4,725
Total assets less current liabilities
244,188
256,151
Creditors: amounts falling due after more than one year
(41,473)
(49,909)
Accruals and deferred income
(6,798)
(6,228)
Net assets
195,917
200,014
Capital and reserves
195,917
200,014
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees

Advances of £127,571 have been granted to the directors during the period, interest of £750 at a rate of 2.5% per annum has been charged and repayments have been made of £108,290. The balance owing to the company at 30 November 2024 was £58,031 (2023 - £38,000).

2
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
1
2

NAM Ventures Limited is a private company limited by shares incorporated in England and Wales. The registered office is C/O Black Fox Advisers Limited, Fletchers Business Centre, Grendon Road, Polesworth, B78 1NS.

For the year ended 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

NAM VENTURES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 NOVEMBER 2024
30 November 2024
- 2 -

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime', and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.

The financial statements were approved by the board of directors and authorised for issue on 11 July 2025 and are signed on its behalf by:
J S Minhas
Director
Company registration number 11664943 (England and Wales)
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