REGISTERED NUMBER: 08614669 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

VENTURI OPTICS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

O A L Venturi

Mrs S Venturi

REGISTERED OFFICE:

Aruna House

2 Kings Road

Haslemere

Surrey

GU27 2QA

REGISTERED NUMBER:

08614669 (England and Wales)

ACCOUNTANTS:

A & N (Haslemere) Limited

Aruna House

2 Kings Road

Haslemere

Surrey

GU27 2QA

FIXED ASSETS

Tangible assets

3

23,000

26,710

CURRENT ASSETS

Stocks

4

2,480

2,475

Debtors

5

89,193

88,595

Cash at bank and in hand

5,478

11,802

97,151

102,872

CREDITORS

Amounts falling due within one year

6

90,605

98,918

NET CURRENT ASSETS

6,546

3,954

TOTAL ASSETS LESS CURRENT LIABILITIES

29,546

30,664

CREDITORS

Amounts falling due after more than one year

7

24,537

30,093

NET ASSETS

5,009

571

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

4,909

471

SHAREHOLDERS' FUNDS

5,009

571

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 directors acknowledge their 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 Board of Directors and authorised for issue on 31 October 2025 and were signed on its behalf by:

O A L Venturi - Director

1.	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 represents net invoiced sales of goods, excluding 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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

3.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

and 31 December 2024

7,241

23,415

34,924

7,364

72,944

DEPRECIATION

At 1 January 2024

1,638

14,947

22,607

7,042

46,234

Charge for year

280

1,270

1,847

313

3,710

At 31 December 2024

1,918

16,217

24,454

7,355

49,944

NET BOOK VALUE

At 31 December 2024

5,323

7,198

10,470

9

23,000

At 31 December 2023

5,603

8,468

12,317

322

26,710

4.

STOCKS

31.12.24

31.12.23

£

£

Stocks

2,480

2,475

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

89,193

88,595

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

5,556

5,556

Trade creditors

37,700

34,325

Taxation and social security

45,643

57,333

Other creditors

1,706

1,704

90,605

98,918

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

24,537

30,093