REGISTERED NUMBER: 03539853 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

FOR

VENUS INCORPORATION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P N Saujani

C N Saujani

R Saujani

Mrs A N Saujani

REGISTERED OFFICE:

7 St John's Road

Harrow

Middlesex

HA1 2EY

REGISTERED NUMBER:

03539853 (England and Wales)

ACCOUNTANTS:

Macalvins Limited

Chartered Accountants

7 St John's Road

Harrow

Middlesex

HA1 2EY

FIXED ASSETS

Tangible assets

4

375

468

Investments

5

50

50

Investment property

6

406,045

2,175,000

406,470

2,175,518

CURRENT ASSETS

Debtors

7

550,253

569,833

Cash at bank

2,327

29,502

552,580

599,335

CREDITORS

Amounts falling due within one year

8

856,431

589,186

NET CURRENT (LIABILITIES)/ASSETS

(303,851

)

10,149

TOTAL ASSETS LESS CURRENT LIABILITIES

102,619

2,185,667

CREDITORS

Amounts falling due after more than one year

9

-

(302,357

)

PROVISIONS FOR LIABILITIES

(184,008

)

(184,008

)

NET (LIABILITIES)/ASSETS

(81,389

)

1,699,302

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Investment property reserve

145,000

1,315,591

Retained earnings

(227,389

)

382,711

(81,389

)

1,699,302

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 29 April 2026 and were signed on its behalf by:

R Saujani - Director

1.	STATUTORY INFORMATION

Venus Incorporation Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

Turnover represents net rent receivable in the normal course of the company's business.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% reducing balance

Investments in associates

Investments in associate undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

Financial assets and financial liabilities are recognised in the Company’s balance sheet when the Company becomes a party to the contractual provisions of the instrument.

Loans and borrowings

Loans and borrowings are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 May 2024

and 30 April 2025

6,815

DEPRECIATION

At 1 May 2024

6,347

Charge for year

93

At 30 April 2025

6,440

NET BOOK VALUE

At 30 April 2025

375

At 30 April 2024

468

5.	FIXED ASSET INVESTMENTS

Investment

in

associate

£

COST

At 1 May 2024

and 30 April 2025

50

NET BOOK VALUE

At 30 April 2025

50

At 30 April 2024

50

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2024

2,175,000

Disposals

(1,768,955

)

At 30 April 2025

406,045

NET BOOK VALUE

At 30 April 2025

406,045

At 30 April 2024

2,175,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

19,883

Amounts owed by subsidiary

549,950

549,950

Other debtors

303

-

550,253

569,833

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

299,579

238,762

Trade creditors

516

12,843

Amounts owed to related companies

279,750

-

Taxation and social security

10,576

40,496

Other creditors

266,010

297,085

856,431

589,186

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

302,357

Amounts falling due in more than five years:

Repayable by instalments

Bank Loans due after more than

5 years

-

302,357

-

302,357

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

299,579

541,119

The loans are secured by way of a first legal charge on the investment property.

11.	RELATED PARTY DISCLOSURES

At the balance sheet date, the following balances were outstanding in respect of related companies:

Details

Relation

2025

2024

£

£

Debtors:

Devine (Ealing) Limited

Subsidiary

549,950

549,950

549,950

549,950

Creditors

Flatsatsixteenchurchfield Limited

Common director

8,250

-

CNSVenus Limited

Common director

8,250

-

Starbright Investments Limited

Common director

8,250

-

ANSVenus Limited

Common director

255,000

-

279,750

-

Included within other creditors as at year end is £191,029 (2024: £215,579), an amount owed to the directors of the company.The amount owed is unsecured and there are no specific terms to the repayment of this amount.