REGISTERED NUMBER: 13096999 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

GIRAFFE VENTURES LTD

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Investments

4

1,100,927

1,160,402

CURRENT ASSETS

Debtors

5

2,260

2,310

Cash at bank

42,807

30,756

45,067

33,066

CREDITORS

Amounts falling due within one year

6

1,012,632

1,009,080

NET CURRENT LIABILITIES

(967,565

)

(976,014

)

TOTAL ASSETS LESS CURRENT LIABILITIES

133,362

184,388

PROVISIONS FOR LIABILITIES

20,795

39,136

NET ASSETS

112,567

145,252

CAPITAL AND RESERVES

Called up share capital

7

100

100

Fair value reserve

76,228

130,196

Retained earnings

36,239

14,956

SHAREHOLDERS' FUNDS

112,567

145,252

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

M R Patel - Director

1.	STATUTORY INFORMATION

Giraffe Ventures Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

13096999

Registered office:

15 West Street

Brighton

East Sussex

BN1 2RL

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Turnover

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

Turnover represents amounts receivable by the company in respect of investment income during the period. Turnover is exempt from Value Added Tax.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Fixed asset investments

Fixed asset investments are initially recognised at cost. Subsequently they are measured at fair value at the reporting end date. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit and loss.

Going concern

Having considered the company's projected performance and expected cashflows, the directors have concluded that the company will be able to meet its liabilities as they fall due and is a going concern. As a result, these financial statements are prepared on a going concern basis.

3.

EMPLOYEES

The average number of employees during the year was NIL (2024 - NIL).

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2024

1,160,402

Additions

40,569

Disposals

(34,717

)

Revaluations

(65,327

)

At 31 March 2025

1,100,927

NET BOOK VALUE

At 31 March 2025

1,100,927

At 31 March 2024

1,160,402

Cost or valuation at 31 March 2025 is represented by:

Other

investments

£

Valuation in 2024

156,543

Valuation in 2025

(73,364

)

Cost

1,017,748

1,100,927

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

2,260

2,310

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Directors' current accounts

1,009,332

1,006,140

Accruals and deferred income

3,300

2,940

1,012,632

1,009,080

7.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2025

2024

value:

£

£

52

Share capital 1

£1

52

52

48

Share capital 2

£1

48

48

100

100