1 January 2024 v2025.59.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP097285202024-01-012024-12-31097285202024-12-31097285202023-12-3109728520core:WithinOneYear2024-12-3109728520core:WithinOneYear2023-12-3109728520core:ShareCapital2024-12-3109728520core:ShareCapital2023-12-3109728520core:RetainedEarningsAccumulatedLosses2024-12-3109728520core:RetainedEarningsAccumulatedLosses2023-12-3109728520bus:Director12024-01-012024-12-3109728520bus:RegisteredOffice2024-01-012024-12-31097285202023-01-012023-12-3109728520core:LandBuildings2024-01-0109728520core:LandBuildings2024-01-012024-12-3109728520core:LandBuildings2024-12-3109728520core:LandBuildings2023-12-310972852012024-01-012024-12-3109728520countries:EnglandWales2024-01-012024-12-3109728520bus:AuditExempt-NoAccountantsReport2024-01-012024-12-3109728520bus:PrivateLimitedCompanyLtd2024-01-012024-12-3109728520bus:SmallEntities2024-01-012024-12-3109728520bus:FullAccounts2024-01-012024-12-31
Company registration number:
09728520
Flaventures Limited
Unaudited Filleted Financial Statements for the year ended
31 December 2024
Flaventures Limited
Statement of Financial Position
31 December 2024
20242023
Note££
Fixed assets    
Tangible assets 5
247,005
 
348,182
 
Current assets    
Cash at bank and in hand
49,584
 
54,887
 
Creditors: amounts falling due within one year 6
(254,992
 )
(365,990
 )
Net current liabilities
(205,408
 )
(311,103
 )
Total assets less current liabilities 41,597   37,079  
Capital and reserves    
Called up share capital
2
 
2
 
Profit and loss account
41,595
 
37,077
 
Shareholders funds
41,597
 
37,079
 
For the year ending
31 December 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • 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;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
15 September 2025
, and are signed on behalf of the board by:
Mr I Flavell
Director
Company registration number:
09728520
Flaventures Limited
Notes to the Financial Statements
Year ended
31 December 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
12 Meadowbank Avenue
,
Sandbach
,
CW11 4QL
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Investment properties

Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

4 Average number of employees

The average number of persons employed by the company during the year was
1
(2023:
1.00
).

5 Tangible assets

Land and buildings
£
Cost  
At
1 January 2024
348,182
 
Disposals
(101,177
 )
At
31 December 2024
247,005
 
Depreciation  
At
1 January 2024
and
31 December 2024
 -  
Carrying amount  
At
31 December 2024
247,005
 
At 31 December 2023
348,182
 

Investment property

Included in land and buildings are the following amounts in relation to investment properties:
2024
£
Carrying value at
1 January 2024
and
31 December 2024
348,182
 

6 Creditors: amounts falling due within one year

20242023
££
Taxation and social security
540
 
1,249
 
Other creditors
254,452
 
364,741
 
254,992
 
365,990