DVA Ventures Limited - Filleted accounts

Registered number

11503099

DVA Ventures Limited

Filleted Accounts

31 August 2025

DVA Ventures Limited
Registered number:		11503099
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		278,210			364,857
Investments	5		248,750			248,750
			526,960			613,607

Current assets
Debtors	6	741,303			817,042
Cash at bank and in hand		412,175			619,596
		1,153,478			1,436,638

Creditors: amounts falling due within one year	7	(437,822)			(614,508)

Net current assets			715,656			822,130

Total assets less current liabilities			1,242,616			1,435,737

Creditors: amounts falling due after more than one year	8		-			(7,910)

Provisions for liabilities			-			(11,927)


Net assets			1,242,616			1,415,900

Capital and reserves
Called up share capital	9		103			102
Share premium			3,405			2,270
Profit and loss account			1,239,108			1,413,528

Shareholders' funds			1,242,616			1,415,900

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 members have 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.


D Moseley
Director
Approved by the board on 28 May 2026

DVA Ventures Limited
Notes to the Accounts
for the year ended 31 August 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	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 re-development			over 3 years
	Office equipment			over 3 years
	Furniture & fixtures			over 4 years
	Motor vehicles			over 3 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	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					19		17


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 September 2024							8,000
	At 31 August 2025							8,000

	Amortisation
	At 1 September 2024							8,000
	At 31 August 2025							8,000

	Net book value
	At 31 August 2025							-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Office re-development		Office equipment, furniture & fixtures		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 September 2024	153,893		128,597		324,496		606,986
	Additions	-		4,399		59,835		64,234
	Disposals	-		-		(2,898)		(2,898)
	At 31 August 2025	153,893		132,996		381,433		668,322

	Depreciation
	At 1 September 2024	52,464		75,740		113,925		242,129
	Charge for the year	41,971		25,959		82,165		150,095
	On disposals	-		-		(2,112)		(2,112)
	At 31 August 2025	94,435		101,699		193,978		390,112

	Net book value
	At 31 August 2025	59,458		31,297		187,455		278,210
	At 31 August 2024	101,429		52,857		210,571		364,857


5	Investments

Other
investments
£
	Cost
	At 1 September 2024							248,750

	At 31 August 2025							248,750


6	Debtors					2025		2024
£							£

	Trade debtors					249,988		320,088
	Prepayments					31,103		37,000
	Other debtors					460,212		459,954
						741,303		817,042


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

	Bank loans and overdrafts					7,911		10,311
	Trade creditors					23,034		34,319
	Taxation and social security costs					267,574		437,616
	Accruals					2,000		-
	Other creditors					137,303		132,262
						437,822		614,508


8	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					-		7,910



9	Called up share capital					2025		2024
		Allotted		Nominal	£		£
		Number:		value:
	Ordinary A	95		£1		95		95
	Ordinary A	3		£1		3		1
	Ordinary A	5		£1		5		5
						103		101

	1 Ordinary B share of £1 was allotted as fully paid at premium of £1,135 during the year.


10	Other financial commitments					2025		2024
£							£

	Total future minimum payments under non-cancellable operating leases					49,918		46,550


11	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	D Moseley
	Director's loan account	344,339		198,925		(200,000)		343,264

		344,339		198,925		(200,000)		343,264


12	Other information

	DVA Ventures Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Hallcourt House
	8 Hallcourt Crescent
	Cannock
	Staffordshire
	WS11 0AB