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Company Registration No. 10812266 (England and Wales)
Venture Propertyz Ltd Unaudited accounts for the year ended 30 June 2025
Venture Propertyz Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Venture Propertyz Ltd Company Information for the year ended 30 June 2025
Director
Mohamed Zahid Farooq Shakur
Company Number
10812266 (England and Wales)
Registered Office
27 Old Gloucester Street London WC1N 3AX United Kingdom
Accountants
Genius Accountancy Ltd 27 Old Gloucester Street London WC1N 3AX
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Venture Propertyz Ltd Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
13,133
13,971
Investment property
5
1,500,000
1,475,000
1,513,133
1,488,971
Current assets
Cash at bank and in hand
42
41
Creditors: amounts falling due within one year
6
(369,860)
(372,497)
Net current liabilities
(369,818)
(372,456)
Total assets less current liabilities
1,143,315
1,116,515
Creditors: amounts falling due after more than one year
7
(909,100)
(909,100)
Provisions for liabilities
Deferred tax
(38,562)
(33,812)
Net assets
195,653
173,603
Capital and reserves
Called up share capital
100
100
Fair value reserve
158,747
138,497
Profit and loss account
36,806
35,006
Shareholders' funds
195,653
173,603
For the year ending 30 June 2025 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 director acknowledges his 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 and authorised for issue on 8 October 2025 and were signed on its behalf by
Mohamed Zahid Farooq Shakur Director Company Registration No. 10812266
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Venture Propertyz Ltd Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Venture Propertyz Ltd is a private company, limited by shares, registered in England and Wales, registration number 10812266. The registered office is 27 Old Gloucester Street, London, WC1N 3AX, United Kingdom.
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. Land and building amounting recorded as fair market value. Depreciation has been provided using the reducing balance method, which allocates costs based on the diminishing book value of assets over their useful lives:
Plant & machinery
6%
Investment property
Investment property is initially recognized at cost and subsequently revalued to fair value at each accounting year end. Any revaluation gains are recognized in the income statement, with a corresponding deferred tax liability recognized based on the tax rate expected to apply upon disposal of the property.
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Venture Propertyz Ltd Notes to the Accounts for the year ended 30 June 2025
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 July 2024
22,676
At 30 June 2025
22,676
Depreciation
At 1 July 2024
8,705
Charge for the year
838
At 30 June 2025
9,543
Net book value
At 30 June 2025
13,133
At 30 June 2024
13,971
5
Investment property
2025
£
Fair value at 1 July 2024
1,475,000
Net gain from fair value adjustments
25,000
At 30 June 2025
1,500,000
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
520
754
Loans from directors
369,340
371,743
369,860
372,497
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
909,100
909,100
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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