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Company Registration No. 11003053 (England and Wales)
New Venture Partners Ltd Unaudited accounts for the year ended 31 October 2024
New Venture Partners Ltd Unaudited accounts Contents
Page
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New Venture Partners Ltd Company Information for the year ended 31 October 2024
Director
Ajitpal Singh
Company Number
11003053 (England and Wales)
Registered Office
15 Viola Avenue Staines-upon-Thames Middlesex TW19 7SA England
Accountants
UKD Accountants Ltd 2 Rickmans Avenue Crawley West Sussex RH10 3ZF
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New Venture Partners Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
632,113 
570,478 
Current assets
Cash at bank and in hand
33,137 
12,184 
Creditors: amounts falling due within one year
(256,320)
(172,704)
Net current liabilities
(223,183)
(160,520)
Total assets less current liabilities
408,930 
409,958 
Creditors: amounts falling due after more than one year
(407,325)
(400,577)
Net assets
1,605 
9,381 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,505 
9,281 
Shareholders' funds
1,605 
9,381 
For the year ending 31 October 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 22 July 2025 and were signed on its behalf by
Ajitpal Singh Director Company Registration No. 11003053
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New Venture Partners Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
New Venture Partners Ltd is a private company, limited by shares, registered in England and Wales, registration number 11003053. The registered office is 15 Viola Avenue, Staines-upon-Thames, Middlesex, TW19 7SA, England.
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.
4
Investment property
2024 
£ 
Fair value at 1 November 2023
570,478 
Additions
61,635 
At 31 October 2024
632,113 
Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
238,184 
171,984 
Loans from directors
17,656 
- 
Accruals
480 
720 
256,320 
172,704 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
407,325 
400,577 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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New Venture Partners Ltd Notes to the Accounts for the year ended 31 October 2024
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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