1 December 2023 false No description of principal activity Taxfiler 2024.6 11087789business:PrivateLimitedCompanyLtd2023-12-012024-11-30 110877892023-11-30 110877892023-12-012024-11-30 11087789business:AuditExempt-NoAccountantsReport2023-12-012024-11-30 11087789business:FilletedAccounts2023-12-012024-11-30 110877892024-11-30 11087789business:Director12023-12-012024-11-30 11087789business:Director22023-12-012024-11-30 11087789business:RegisteredOffice2023-12-012024-11-30 110877892023-11-30 11087789core:WithinOneYear2024-11-30 11087789core:WithinOneYear2023-11-30 11087789core:ShareCapitalcore:PreviouslyStatedAmount2024-11-30 11087789core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 11087789core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-11-30 11087789core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 11087789core:PreviouslyStatedAmount2024-11-30 11087789core:PreviouslyStatedAmount2023-11-30 11087789business:SmallEntities2023-12-012024-11-30 11087789countries:EnglandWales2023-12-012024-11-30 11087789core:FurnitureFittings2023-12-012024-11-30 11087789core:ComputerEquipment2023-12-012024-11-30 11087789core:FurnitureFittings2023-11-30 11087789core:ComputerEquipment2023-11-30 11087789core:FurnitureFittings2024-11-30 11087789core:ComputerEquipment2024-11-30 11087789core:AfterOneYear2024-11-30 11087789core:AfterOneYear2023-11-30 110877892022-12-012023-11-30 iso4217:GBP xbrli:pure
Company Registration No. 11087789 (England and Wales)
WYF Ventures Ltd Unaudited accounts for the year ended 30 November 2024
WYF Ventures Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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WYF Ventures Ltd Company Information for the year ended 30 November 2024
Directors
Afa Asefa Adiam Asefa
Company Number
11087789 (England and Wales)
Registered Office
31 Eresby Place London NW6 4JT England
Accountants
Ratnam Accountants 203 Kilburn High Road London NW6 7HY
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WYF Ventures Ltd Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
2,367 
2,752 
Current assets
Debtors
5
143,071 
36,329 
Cash at bank and in hand
4,677 
37,156 
147,748 
73,485 
Creditors: amounts falling due within one year
6
(67,258)
(29,257)
Net current assets
80,490 
44,228 
Net assets
82,857 
46,980 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
82,855 
46,978 
Shareholders' funds
82,857 
46,980 
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 19 September 2025 and were signed on its behalf by
Afa Asefa Director Company Registration No. 11087789
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WYF Ventures Ltd Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
WYF Ventures Ltd is a private company, limited by shares, registered in England and Wales, registration number 11087789. The registered office is 31 Eresby Place, London, NW6 4JT, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing balance
Computer equipment
25% Reducing balance
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2023
4,234 
1,963 
6,197 
At 30 November 2024
4,234 
1,963 
6,197 
Depreciation
At 1 December 2023
2,436 
1,009 
3,445 
Charge for the year
247 
138 
385 
At 30 November 2024
2,683 
1,147 
3,830 
Net book value
At 30 November 2024
1,551 
816 
2,367 
At 30 November 2023
1,798 
954 
2,752 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
143,071 
- 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
- 
36,329 
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WYF Ventures Ltd Notes to the Accounts for the year ended 30 November 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
9,642 
9,318 
Taxes and social security
3,069 
7,253 
Loans from directors
49,947 
12,686 
Accruals
4,600 
- 
67,258 
29,257 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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