Company registration number: 14541240
Unaudited financial statements
for the year ended 31 December 2024
for
Sixteen Ventures Limited
Pages for filing with the Registrar
Company registration number: 14541240
Sixteen Ventures Limited
Balance sheet
as at 31 December 2024
31 Dec 24 31 Dec 23
£ £ £ £
Fixed assets 225 300
Current assets 957,808 493,401
Creditors: amounts falling due within one year (943,882) (476,080)
Net current assets 13,926 17,321
Total assets less current liabilities 14,151 17,621
Creditors: amounts falling due after more than
one year
(30,000) (30,000)
NET LIABILITIES (15,849) (12,379)
CAPITAL AND RESERVES (15,849) (12,379)
Notes
1 Company information
Sixteen Ventures Limited is a private company registered in England and Wales. Its registered number is 14541240. The company is limited by shares. Its registered office is 320 City Road, London, EC1V 2NZ.
2 Average number of employees
During the year the average number of employees was Nil (2023 - Nil).
3 Advances, credit and guarantees granted to the director
During the year, a director advanced £24,443.52 to the company by way of a director's loan added to the opening balance of £242,335.39. £-266,778.91remained outstanding at year end. The loan is interest free and repayable on demand.
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 14541240
Sixteen Ventures Limited
Balance sheet - continued
as at 31 December 2024
The financial statements have been prepared in accordance with the micro-entity provisions.
Signed by:
Mr A Coker, Director
18 July 2025
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