Venus Building Company Limited Accounts






	Venus Building Company Limited
	Company No. 03986311

	Information for Filing with The Registrar
	31 May 2026

The Directors present their report and the accounts for the year ended 31 May 2026.

Principal activities

The principal activity of the company during the year under review was Property Management .
-

Directors

The Directors who served at any time during the year were as follows:

E. M.Soteriou
S. M.Soteriou
V. M.Soteriou




The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

V. M.Soteriou
Company Secretary
30 June 2026

at	31 May 2026
Company No.		03986311	Notes	2026	2025
				£	£
Fixed assets
	Tangible assets		5	106	142
	Investment property		6	405,000	405,000
				405,106	405,142
Current assets
	Debtors		7	2,035	1,360
	Investments		8	-	-
	Cash at bank and in hand			1,030	4,891
				3,065	6,251
Creditors: Amount falling due within one year			9	(9,538)	(8,412)
Net current liabilities				(6,473)	(2,161)
Total assets less current liabilities				398,633	402,981
Creditors: Amounts falling due after more than one year			10	(1,770)	(1,770)
Net assets				396,863	401,211

Capital and reserves
	Called up share capital			1,000	1,000
	Revaluation reserve		11	160,000	160,000
	Profit and loss account		11	235,863	240,211

Total equity				396,863	401,211


These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.


As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 30 June 2026 and signed on its behalf by:
V. M.Soteriou
Director
30 June 2026

for the year ended 31 May 2026

1

General information

Venus Building Company Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 03986311

Its registered office is:

Its trading address is:

Larks Rise Gower Lane

86 East Street

Woodcroft

Bedminster

Chepstow

Bristol

Gloucestershire

NP16 7PZ

BS3 4EY

The accounts have been prepared in accordance and comply with FRS 102 and Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

2

Accounting policies

Intangible fixed assets

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses. At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Plant and machinery

25% Reducing balance

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Freehold investment property

Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account. No depreciation is provided in respect of investment properties.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation. Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
		2026	2025
		Number	Number
	The average monthly number of employees (including directors) during the year was:	3	3

4	Taxation
		(a) Tax on profit on ordinary activities	2026	2025
		The tax charge is made up as follows:	£	£
		UK corporation tax
		Charge for the period	6,026	5,881
		Total corporation tax	6,026.00	5,881.00

		Tax on profit on ordinary activities	6,026	5,881

		(b) Factors affecting the total tax charge for the period
		The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The differences are reconciled below:
		Higher	2026	2025
		6026	£	£
		Profit on ordinary activities before tax	31,679	30,908


		Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom	-	-
		Expenses not deductible for tax purposes	6,026	5,881
		Tax on profit on ordinary activities	6,026	5,881

5	Tangible fixed assets
			Land and buildings	Plant and machinery	Motor vehicles	Fixtures, fittings and equipment	Total
			£	£	£	£	£
		Cost or revaluation
		At 1 June 2025	-	763	-	-	763
		At 31 May 2026	-	763	-	-	763
		Depreciation
		At 1 June 2025	-	621	-	-	621
		Charge for the year	-	36	-	-	36
		At 31 May 2026	-	657	-	-	657
		Net book values
		At 31 May 2026	-	106	-	-	106
		At 31 May 2025	-	142	-	-	142

6	Investment property
			Freehold Investment Property
			£
		Valuation
		At 1 June 2025	405,000
		At 31 May 2026	405,000

7	Debtors
			2026	2025
			£	£
		Trade debtors	2,000	-
		Loans to directors	-	1,322
		Prepayments and accrued income	35	38
			2,035	1,360

8

Current asset investments

9	Creditors:
		amounts falling due within one year
			2026	2025
			£	£
		Taxes and social security	7,810	7,325
		Loans from directors	601	-
		Accruals and deferred income	1,127	1,087
			9,538	8,412

10	Creditors:
		amounts falling due after more than one year
			2026	2025
			£	£
		Other creditors	1,770	1,770
			1,770	1,770

11	Reserves
			Revaluation Reserve	Capital redemption reserve	Total other reserves
			£	£	£
		At 1 June 2024	160,000	-	160,000
		At 31 May 2025 and 1 June 2025	160,000	-	160,000
		At 31 May 2026	160,000	-	160,000

		Revaluation reserve - reflects the revaluation of property other than investment properties.
		Profit and loss account - includes all current and prior period retained profits and losses.

12	Dividends
			2026	2025
			£	£
		Dividends for the period:
		Dividends paid in the period	30,000	30,000
			30,000	30,000

		Dividends by type:
		Equity dividends	30,000	30,000
			30,000	30,000

13

Transition to FRS 102

The impact from the transition to FRS 102 is as follows: