Company Registration No. 09893335 (England and Wales)
ISSACHAR VENTURES LTD
Unaudited accounts
for the year ended 31 March 2025
ISSACHAR VENTURES LTD
Unaudited accounts
Contents
ISSACHAR VENTURES LTD
Company Information
for the year ended 31 March 2025
Company Number
09893335 (England and Wales)
Registered Office
194 RAINBOW ROAD
ERITH
DA8 2EQ
ENGLAND
Accountants
Forventure Consults Accountants
2 Veridon Way
Erith
DA18 4AL
ISSACHAR VENTURES LTD
Statement of financial position
as at 31 March 2025
Investment property
85,597
85,597
Cash at bank and in hand
6
-
Creditors: amounts falling due within one year
(322)
(604)
Net current assets
56,282
59,396
Total assets less current liabilities
141,879
144,993
Creditors: amounts falling due after more than one year
(108,089)
(104,054)
Called up share capital
40,157
41,766
Profit and loss account
(6,367)
(827)
Shareholders' funds
33,790
40,939
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
OLADIRAN KOLEADE
Director
Company Registration No. 09893335
ISSACHAR VENTURES LTD
Notes to the Accounts
for the year ended 31 March 2025
ISSACHAR VENTURES LTD is a private company, limited by shares, registered in England and Wales, registration number 09893335. The registered office is 194 RAINBOW ROAD, ERITH, DA8 2EQ, 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.
Investments in shares are included at fair value.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 April 2024
85,597
APARTMENT 25, THE HEDGEROWS, NORTH PARADE, SLEAFORD, LINCOLNSHIRE NG34 8RE
Amounts falling due after more than one year
Other debtors
56,598
60,000
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
282
Taxes and social security
322
322
ISSACHAR VENTURES LTD
Notes to the Accounts
for the year ended 31 March 2025
7
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
3,436
(600)
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).