Goma Ventures Ltd - Filleted accounts

Registered number

08642294

Goma Ventures Ltd

Filleted Accounts

31 July 2025

Goma Ventures Ltd
Registered number:		08642294
Balance Sheet
as at 31 July 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		849			1,132

Current assets
Cash at bank and in hand		82,286			53,760

Creditors: amounts falling due within one year	4	(43,220)			(36,475)

Net current assets			39,066			17,285

Total assets less current liabilities			39,915			18,417


Provisions for liabilities			(162)			(212)


Net assets			39,753			18,205

Capital and reserves
Called up share capital			10			10
Profit and loss account			39,743			18,195

Shareholder's funds			39,753			18,205

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr P N Schneider
Director
Approved by the board on 14 April 2026

Goma Ventures Ltd
Notes to the Accounts
for the year ended 31 July 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Office furniture and equipment	25% on a reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		1		2


3	Tangible fixed assets
					Office furniture & equipment
£
	Cost
	At 1 August 2024				7,750
	At 31 July 2025				7,750

	Depreciation
	At 1 August 2024				6,618
	Charge for the year				283
	At 31 July 2025				6,901

	Net book value
	At 31 July 2025				849
	At 31 July 2024				1,132


4	Creditors: amounts falling due within one year		2025		2024
£				£

	Taxation and social security costs		13,821		8,199
	Director's current account		28,079		27,042
	Accruals		1,320		1,234
			43,220		36,475


5	Other information

	Goma Ventures Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	44 Woodgate
	Leicester
	LE3 5GF