ACCOUNTS - Final Accounts preparation



	Algo Ventures Limited












	Unaudited
	Financial statements

	For the year ended 31 December 2024

	Registered number: 15054893


Algo Ventures Limited - Registered number: 15054893

Statement of financial position

As at 31 December 2024

	2024	2024	2023	2023
	£	£	£	£


Current assets
Cash at bank and in hand	1		1
	1		1
Total assets less current liabilities		1		1

Net assets		1		1

Capital and reserves
Share capital	1	1
	1	1

For the year ended 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by:

A Tejumola

Director

Date: 30 September 2025

The notes on page 2 form part of these financial statements.

Page 1


Algo Ventures Limited

Notes to the financial statements

For the year ended 31 December 2024

1.	General information

The company is a private company limited by shares and incorporated in England and Wales. It's

registered office address is C/O Buzzacott LLP, 130 Wood Street, London, EC2V 6DL and it's registered number is 15054893.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with section 1A of Financial Reposting Standard 102,'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS102') and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies.

The following principal accounting policies have been applied:

2.2

Dormant status

The company was dormant (within the meaning of Section 480 of the companies Act 2006) throughout the

year ended 31 December 2024. The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

2.3

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

Page 2