Valuebull Ventures Limited - Filleted accounts

Registered number

08842768

Valuebull Ventures Limited

Filleted Accounts

31 December 2024

Valuebull Ventures Limited
Registered number:		08842768
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Intangible assets	3		1,552			3,103
Tangible assets	4		20,069			26,797
Investments	5		-			20,085
			21,621			49,985

Current assets
Debtors	6	16,500			10,649
Cash at bank and in hand		73,009			64,841
		89,509			75,490

Creditors: amounts falling due within one year	7	(18,155)			(15,836)

Net current assets			71,354			59,654

Total assets less current liabilities			92,975			109,639

Creditors: amounts falling due after more than one year	8		(23,708)			(28,664)



Net assets			69,267			80,975

Capital and reserves
Called up share capital			100			100
Profit and loss account			69,167			80,875

Shareholders' funds			69,267			80,975

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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 and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mrs A Bull
Director
Approved by the board on 9 September 2025

Valuebull Ventures Limited
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			over 10 years
	Computer equipment			25% straight line
	Fixtures, fittings, tools and equipment			20% straight line
	Motor Vehicles			25% straight line

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2024		2023
Number							Number

	Average number of persons employed by the company					2		2


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 January 2024					15,512
	At 31 December 2024					15,512

	Amortisation
	At 1 January 2024					12,409
	Provided during the year					1,551
	At 31 December 2024					13,960

	Net book value
	At 31 December 2024					1,552
	At 31 December 2023					3,103

	The intangible asset is being written off in equal annual instalments over its estimated economic life of 10 years.

4	Tangible fixed assets
		Land and buildings		Computer equipment		Fixtures & fittings		Motor Vehicles		Total
£			£		£		£		£
	Cost
	At 1 January 2024	63,779		375		6,166		54,500		124,820
	At 31 December 2024	63,779		375		6,166		54,500		124,820

	Depreciation
	At 1 January 2024	38,890		375		4,258		54,500		98,023
	Charge for the year	6,378		-		350		-		6,728
	At 31 December 2024	45,268		375		4,608		54,500		104,751

	Net book value
	At 31 December 2024	18,511		-		1,558		-		20,069
	At 31 December 2023	24,889		-		1,908		-		26,797


5	Investments
Other
investments
£
	Cost
	At 1 January 2024							20,085
	Disposals							(20,085)

	At 31 December 2024							-


6	Debtors					2024		2023
£							£

	Trade debtors					13,845		6,583
	Other debtors					2,655		4,066
						16,500		10,649

7	Creditors: amounts falling due within one year					2024		2023
£							£

	Bank loans and overdrafts					5,838		5,838
	Taxation and social security costs					8,016		7,148
	Other creditors					4,301		2,850
						18,155		15,836

8	Creditors: amounts falling due after one year					2024		2023
£							£

	Bank loans					23,708		28,664

9	Other information
	Valuebull Ventures Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Pettaugh Barn
	Pettaugh
	Stowmarket
	Suffolk
	IP14 6DY