Azalea Ventures Limited

Azalea Ventures Limited
Contents Page
For the year ended 31 May 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

Azalea Ventures Limited Accountants' Report For the year ended 31 May 2025
Report to the directors on the preparation of the unaudited statutory accounts of Azalea Ventures Limited for the year ended 31 May 2025. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Azalea Ventures Limited for the year ended 31 May 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/. This report is made solely to the Board of Directors of Azalea Ventures Limited, as a body, in accordance with the terms of our engagement letter dated 23 October 2025. Our work has been undertaken solely to prepare for your approval the accounts of Azalea Ventures Limited and state those matters that we have agreed to state to the Board of Directors of Azalea Ventures Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Azalea Ventures Limited and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Azalea Ventures Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Azalea Ventures Limited. You consider that Azalea Ventures Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Azalea Ventures Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts 31 May 2025. .................................................... SAW Accounting and tax advisory Limited Suite SS, Avon House 435 Stratford Road B90 4AA 23 October 2025 1

Azalea Ventures Limited
Accountants' Report
For the year ended 31 May 2025

Report to the directors on the preparation of the unaudited statutory accounts of Azalea Ventures Limited for the year ended 31 May 2025.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Azalea Ventures Limited for the year ended 31 May 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/.
This report is made solely to the Board of Directors of Azalea Ventures Limited, as a body, in accordance with the terms of our engagement letter dated 23 October 2025. Our work has been undertaken solely to prepare for your approval the accounts of Azalea Ventures Limited and state those matters that we have agreed to state to the Board of Directors of Azalea Ventures Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Azalea Ventures Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Azalea Ventures Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Azalea Ventures Limited. You consider that Azalea Ventures Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Azalea Ventures Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts
31 May 2025.

....................................................
SAW Accounting and tax advisory Limited
Suite SS, Avon House
435 Stratford Road
B90 4AA
23 October 2025

1

Azalea Ventures Limited
Statement of Financial Position
As at 31 May 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	614,186	617,516
		614,186	617,516
Current assets
Debtors: amounts falling due within one year		2,147	222,911
Debtors: amounts falling due after one year		203,123	0
Cash at bank and in hand		3,088	10,371
		208,358	233,282
Creditors: amount falling due within one year		(12,807)	(11,748)
Net current assets		195,551	221,534

Total assets less current liabilities		809,737	839,050
Creditors: amount falling due after more than one year		(342,972)	(342,972)
Net assets		466,765	496,078

Capital and reserves
Called up share capital	4	10,000	10,000
Share premium account		175,085	175,085
Profit and loss account		281,680	310,993
Shareholders' funds		466,765	496,078

For the year ended 31 May 2025 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 accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 23 October 2025 and were signed by:

-------------------------------
Mr Ramesan Doraisami
Director

2

Azalea Ventures Limited
Notes to the Abridged Financial Statements
For the year ended 31 May 2025

General Information

Azalea Ventures Limited is a private company, limited by shares, registered in England and Wales, registration number 08824011, registration address Suite SS, Avon House,, 435 Stratford Road, Shirley, Solihull, B90 4AA.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future.

If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings	33% Straight Line
Computer Equipment	33% Straight Line

2.	Average number of employees Average number of employees during the year was 0 (2024 : 0).

3.

Tangible fixed assets

Cost or valuation	Land and Buildings	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£
At 01 June 2024	607,516	15,262	7,891	630,669
Additions	-	-	-	-
Disposals	-	-	-	-
At 31 May 2025	607,516	15,262	7,891	630,669
Depreciation
At 01 June 2024	-	5,262	7,891	13,153
Charge for year	-	3,330	-	3,330
On disposals	-	-	-	-
At 31 May 2025	-	8,592	7,891	16,483
Net book values
Closing balance as at 31 May 2025	607,516	6,670	-	614,186
Opening balance as at 01 June 2024	607,516	10,000	-	617,516

4.

Share Capital

Authorised
10,000 Ordinary shares of £1.00 each

Allotted, called up and fully paid	2025 £		2024 £
10,000 Ordinary shares of £1.00 each	10,000		10,000
	10,000		10,000

3

Registered Number: 08824011
England and Wales
AZALEA VENTURES LIMITED

Abridged Accounts

Period of accounts Start date: 01 June 2024 End date: 31 May 2025