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Registered Number: 12276722
England and Wales

 

 

 


Unaudited Financial Statements

for the year ended 31 October 2024

for

AFRICA VENTURE CAPITAL LTD

 
 
 
£
2024
£
   
£
2023
£
Fixed assets 582,588  582,588 
Current assets 200,000  200,000 
Creditors: amount falling due within one year (43,853) (22,268)
Net current assets/(liabilities) 156,147  177,732 
Total assets less current liabilities 738,735  760,320 
Creditors: amount falling due after more than one year (582,588) (582,588)
Net assets/(liabilities) 156,147  177,732 
 
Capital and reserves 156,147  177,732 
 
  1. For the year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
  2. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
  3. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:


----------------------------------
Erik Anders Ake Bolinder
Director

Date approved: 22 July 2025
1
Statutory Information
AFRICA VENTURE CAPITAL LTD is a private limited company, limited by shares, domiciled in England and Wales, registration number 12276722, registration address 42-44 Bishopsgate, London, EC2N 4AH, United Kingdom.

The presentation currency is £ sterling.
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).
Going Concern
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future.

If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.
2.

Average number of employees

Average number of employees during the year were 2 (2023: 2).
2