Company Registration No. 07183558 (England and Wales)
Eighty Eight Ventures Ltd
Unaudited accounts
for the year ended 31 March 2025
Eighty Eight Ventures Ltd
Unaudited accounts
Contents
Eighty Eight Ventures Ltd
Company Information
for the year ended 31 March 2025
Company Number
07183558 (England and Wales)
Registered Office
Unit Sheffield
88 Headford Street
Sheffield
South Yorkshire
S3 7WB
England
Accountants
Abacus Accounting Services
66 Abbeydale Rd
Sheffield
S7 1FD
Eighty Eight Ventures Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
446,139
342,964
Cash at bank and in hand
220,895
197,511
Creditors: amounts falling due within one year
(19,206)
(47,221)
Net current assets
255,797
466,113
Total assets less current liabilities
701,936
809,077
Creditors: amounts falling due after more than one year
(171,039)
(298,788)
Net assets
530,897
510,289
Called up share capital
4
4
Profit and loss account
530,893
510,285
Shareholders' funds
530,897
510,289
For the year ending 31 March 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 30 December 2025 and were signed on its behalf by
Nabeil Asker
Director
Company Registration No. 07183558
Eighty Eight Ventures Ltd
Notes to the Accounts
for the year ended 31 March 2025
Eighty Eight Ventures Ltd is a private company, limited by shares, registered in England and Wales, registration number 07183558. The registered office is Unit Sheffield, 88 Headford Street, Sheffield, South Yorkshire, S3 7WB, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due after more than one year
Amounts due from group undertakings etc.
54,108
315,823
Eighty Eight Ventures Ltd
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
10,978
22,605
Other creditors
2,700
4,000
7
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
171,039
248,788
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).