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Registered number: 15901915
Rcn Ventures Ltd
Unaudited Financial Statements
For the Period 16 August 2024 to 31 August 2025
Peter Jarman LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 15901915
31 August 2025
Notes £ £
FIXED ASSETS
Tangible Assets 4 965
965
CURRENT ASSETS
Debtors 5 48,009
Cash at bank and in hand 11,338
59,347
Creditors: Amounts Falling Due Within One Year 6 (19,551 )
NET CURRENT ASSETS (LIABILITIES) 39,796
TOTAL ASSETS LESS CURRENT LIABILITIES 40,761
PROVISIONS FOR LIABILITIES
Deferred Taxation (232 )
NET ASSETS 40,529
CAPITAL AND RESERVES
Called up share capital 8 100
Profit and Loss Account 40,429
SHAREHOLDERS' FUNDS 40,529
Page 1
Page 2
For the period ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs A R Duarte Da Costa Neves Ng Monica
Director
15/05/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Rcn Ventures Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15901915 . The registered office is St James' Hall, Mill Road, Lancing, West Sussex, BN15 0PT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 25% on reducing balance
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. 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. 
2.6. Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial
Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly
owned subsidiaries within the group.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
Page 3
Page 4
4. Tangible Assets
Computer Equipment
£
Cost
As at 16 August 2024 -
Additions 1,158
As at 31 August 2025 1,158
Depreciation
As at 16 August 2024 -
Provided during the period 193
As at 31 August 2025 193
Net Book Value
As at 31 August 2025 965
As at 16 August 2024 -
5. Debtors
31 August 2025
£
Due within one year
Other taxes and social security 4,998
Amounts owed by group undertakings 43,011
48,009
6. Creditors: Amounts Falling Due Within One Year
31 August 2025
£
Other creditors 6,696
Taxation and social security 12,855
19,551
7. Provisions for Liabilities
Deferred Tax Total
£ £
Additions 232 232
Balance at 31 August 2025 232 232
Page 4
Page 5
8. Share Capital
31 August 2025
£
Allotted, Called up and fully paid 100
Page 5