REGISTERED NUMBER: 12872299 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Alius Ventures Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

B Taylor

REGISTERED OFFICE:

M.01 Tomorrow

Blue

Mediacityuk

M50 2AB

REGISTERED NUMBER:

12872299 (England and Wales)

ACCOUNTANTS:

Summit Accountants Limited

M.01 Tomorrow

MediaCityUK

Salford

Greater Manchester

M50 2AB

FIXED ASSETS

Tangible assets

4

5,729

6,482

CURRENT ASSETS

Stocks

172,649

163,792

Debtors

5

189,940

298,220

Prepayments and accrued income

32,915

106,572

Cash at bank

577,428

816,405

972,932

1,384,989

CREDITORS

Amounts falling due within one year

6

380,136

627,452

NET CURRENT ASSETS

592,796

757,537

TOTAL ASSETS LESS CURRENT LIABILITIES

598,525

764,019

PROVISIONS FOR LIABILITIES

1,432

1,620

NET ASSETS

597,093

762,399

CAPITAL AND RESERVES

Called up share capital

102

102

Retained earnings

596,991

762,297

597,093

762,399

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the director and authorised for issue on 30 September 2025 and were signed by:

B Taylor - Director

1.	STATUTORY INFORMATION

Alius Ventures Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is recognised when, and to the extent that, the company obtains the right to consideration. The point of recognition is after the service has been performed, when the risk and rewards associated with the goods/services have been transferred or in accordance with contractual terms. Turnover excludes value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 20% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

10,197

Additions

1,531

At 31 December 2024

11,728

DEPRECIATION

At 1 January 2024

3,715

Charge for year

2,284

At 31 December 2024

5,999

NET BOOK VALUE

At 31 December 2024

5,729

At 31 December 2023

6,482

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

172,386

238,324

Amounts owed by group undertakings

1,354

1,140

Other debtors

16,200

58,756

189,940

298,220

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

49,639

399,515

Taxation and social security

295,224

163,586

Other creditors

35,273

64,351

380,136

627,452

At the year end the company held client monies of £24,598 (2023: £99,847) in a segregated client bank account. These amounts are included within cash at bank and in hand under current assets and within trade creditors under current liabilities in the Statement of Financial Position.

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at 31 December 2024 £543 was owed by the company to the director (£405 : 2023).

No formal repayment terms have been agreed.