1 May 2024 false No description of principal activity Taxfiler 2024.6 13347613 business:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 13347613 2024-04-30 13347613 2024-05-01 2025-04-30 13347613 business:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 13347613 business:FilletedAccounts 2024-05-01 2025-04-30 13347613 2025-04-30 13347613 business:Director1 2024-05-01 2025-04-30 13347613 business:Director2 2024-05-01 2025-04-30 13347613 business:RegisteredOffice 2024-05-01 2025-04-30 13347613 2024-04-30 13347613 core:WithinOneYear 2025-04-30 13347613 core:WithinOneYear 2024-04-30 13347613 core:AfterOneYear 2025-04-30 13347613 core:AfterOneYear 2024-04-30 13347613 core:ShareCapital core:PreviouslyStatedAmount 2025-04-30 13347613 core:ShareCapital core:PreviouslyStatedAmount 2024-04-30 13347613 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-04-30 13347613 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-04-30 13347613 core:PreviouslyStatedAmount 2025-04-30 13347613 core:PreviouslyStatedAmount 2024-04-30 13347613 business:SmallEntities 2024-05-01 2025-04-30 13347613 countries:EnglandWales 2024-05-01 2025-04-30 13347613 core:LandBuildings 2024-04-30 13347613 core:PlantMachinery 2024-04-30 13347613 core:FurnitureFittings 2024-04-30 13347613 core:LandBuildings 2024-05-01 2025-04-30 13347613 core:PlantMachinery 2024-05-01 2025-04-30 13347613 core:FurnitureFittings 2024-05-01 2025-04-30 13347613 core:LandBuildings 2025-04-30 13347613 core:PlantMachinery 2025-04-30 13347613 core:FurnitureFittings 2025-04-30 13347613 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure
Company Registration No. 13347613 (England and Wales)
GVT Ventures Ltd Unaudited accounts for the year ended 30 April 2025
GVT Ventures Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
GVT Ventures Ltd Company Information for the year ended 30 April 2025
Directors
Giles Godfrey Barbara Virginia Van Teefelen
Company Number
13347613 (England and Wales)
Registered Office
ADDITION FINANCIAL LIMITED THE OFFICE GR 1 LYRIC SQUARE LONDON LONDON W6 0NB UNITED KINGDOM
Accountants
Addition Financial Limited The Office Group 1 Lyric Square Hammersmith London W6 0NB
- 3 -
GVT Ventures Ltd Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
190,888
253,422
Current assets
Debtors
5
3,215
3,094
Cash at bank and in hand
53,740
30,531
56,955
33,625
Creditors: amounts falling due within one year
6
(73,642)
(21,114)
Net current (liabilities)/assets
(16,687)
12,511
Total assets less current liabilities
174,201
265,933
Creditors: amounts falling due after more than one year
7
(1,093,390)
(954,119)
Net liabilities
(919,189)
(688,186)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(919,289)
(688,286)
Shareholders' funds
(919,189)
(688,186)
For the year ending 30 April 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 directors acknowledge their 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 of Directors and authorised for issue on 13 April 2026 and were signed on its behalf by
Giles Godfrey Director Company Registration No. 13347613
- 4 -
GVT Ventures Ltd Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
GVT Ventures Ltd is a private company, limited by shares, registered in England and Wales, registration number 13347613. The registered office is ADDITION FINANCIAL LIMITED THE OFFICE GR, 1 LYRIC SQUARE, LONDON, LONDON, W6 0NB, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
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 from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
- 5 -
GVT Ventures Ltd Notes to the Accounts for the year ended 30 April 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 May 2024
284,513
9,804
155,360
449,677
Additions
-
7,681
5,157
12,838
Disposals
(14,628)
-
-
(14,628)
At 30 April 2025
269,885
17,485
160,517
447,887
Depreciation
At 1 May 2024
122,057
3,704
70,494
196,255
Charge for the year
39,578
1,855
19,311
60,744
At 30 April 2025
161,635
5,559
89,805
256,999
Net book value
At 30 April 2025
108,250
11,926
70,712
190,888
At 30 April 2024
162,456
6,100
84,866
253,422
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
3,215
3,094
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
17,049
3,289
Trade creditors
9,007
10,145
Amounts owed to group undertakings and other participating interests
38,086
3,086
Taxes and social security
-
592
Other creditors
9,500
4,002
73,642
21,114
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Loans from directors
1,093,390
954,119
8
Average number of employees
During the year the average number of employees was 9 (2024: 9).
- 6 -