General Information
ANTONIUC VENTURE LTD is a private company, limited by shares, registered in England and Wales, registration number 14104168, registration address 19 Lindenhill Road, , Bracknell, , RG42 1UU.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102(1A) The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. The companys liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash at bank.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
|
| 2. |
Average number of employees
Average number of employees during the year was 1 (2024 : 1).
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Investment properties |
|
Total |
| |
£ |
|
£ |
| At 01 June 2024 |
415,000 |
|
415,000 |
| Additions |
- |
|
- |
| Disposals |
- |
|
- |
| Revaluations |
115,000 |
|
115,000 |
| At 31 May 2025 |
530,000 |
|
530,000 |
| Depreciation |
| At 01 June 2024 |
- |
|
- |
| Charge for year |
- |
|
- |
| On disposals |
- |
|
- |
| At 31 May 2025 |
- |
|
- |
| Net book values |
| Closing balance as at 31 May 2025 |
530,000 |
|
530,000 |
| Opening balance as at 01 June 2024 |
415,000 |
|
415,000 |
|
| 4. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Amounts Owed to Group Undertakings |
86,732 |
|
0 |
| Accrued Expenses |
0 |
|
1,440 |
| Other Creditors |
178,830 |
|
255,416 |
| Directors Loan Account |
42,009 |
|
138,056 |
|
307,571 |
|
394,912 |
|
| 5. |
Creditors: amount falling due after more than one year
|
2025
£ |
|
2024
£ |
| Other Creditors |
91,140 |
|
0 |
|
91,140 |
|
0 |
|
| 6. |
Provisions for liabilities
|
2025
£ |
|
2024
£ |
| Deferred Tax |
40,378 |
|
18,528 |
|
40,378 |
|
18,528 |
|
| 7. |
Share Capital
Allotted, called up and fully paid
|
2025
£ |
|
2024
£ |
|
1
Ordinary share of £1.00 each |
1 |
|
1 |
|
1 |
|
1 |
|
3
|