Unaudited Financial Statements

for the Year Ended 30 April 2025

for

Venture 1 Consulting Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M S Thurston

G Holdway

Ms M J Thurston

SECRETARY:

M S Thurston

REGISTERED OFFICE:

China Works

100 Black Prince Road

London

SE1 7SJ

REGISTERED NUMBER:

04163690 (England and Wales)

ACCOUNTANTS:

Williams & Co Epsom LLP

Chartered Accountants

8-10 South Street

Epsom

Surrey

KT18 7PF

FIXED ASSETS

Tangible assets

4

7,886

5,641

CURRENT ASSETS

Debtors

5

887,476

1,019,206

Cash at bank

478,771

846,101

1,366,247

1,865,307

CREDITORS

Amounts falling due within one year

6

727,962

1,252,536

NET CURRENT ASSETS

638,285

612,771

TOTAL ASSETS LESS CURRENT LIABILITIES

646,171

618,412

PROVISIONS FOR LIABILITIES

1,808

1,210

NET ASSETS

644,363

617,202

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

644,362

617,201

SHAREHOLDERS' FUNDS

644,363

617,202

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 November 2025 and were signed on its behalf by:

G Holdway - Director

M S Thurston - Director

1.	STATUTORY INFORMATION

Venture 1 Consulting 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.

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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

Straight line over 3 years

Computer equipment

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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 13 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 May 2024

23,859

54,606

78,465

Additions

5,000

2,290

7,290

Disposals

(19,664

)

(44,005

)

(63,669

)

At 30 April 2025

9,195

12,891

22,086

DEPRECIATION

At 1 May 2024

22,594

50,230

72,824

Charge for year

2,048

2,997

5,045

Eliminated on disposal

(19,664

)

(44,005

)

(63,669

)

At 30 April 2025

4,978

9,222

14,200

NET BOOK VALUE

At 30 April 2025

4,217

3,669

7,886

At 30 April 2024

1,265

4,376

5,641

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

885,128

1,004,128

Other debtors

-

1,250

Prepayments

2,348

13,828

887,476

1,019,206

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

453,780

976,129

Tax

25,548

20,091

Social security and other taxes

21,274

15,396

VAT

85,753

67,555

Other creditors

4,036

3,178

Deferred income

77,759

124,709

Accrued expenses

59,812

45,478

727,962

1,252,536

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

8.	ULTIMATE CONTROLLING PARTY

The controlling party is M S Thurston.