Company Registration No. 05597440 (England and Wales)
Anglo African Ventures Ltd
Unaudited accounts
for the period from 1 August 2024 to 31 December 2025
Anglo African Ventures Ltd
Unaudited accounts
Contents
Anglo African Ventures Ltd
Statement of financial position
as at 31 December 2025
Cash at bank and in hand
15,931
8,051
Creditors: amounts falling due within one year
(133,979)
(140,719)
Net current liabilities
(111,340)
(124,485)
Total assets less current liabilities
(111,340)
(122,956)
Creditors: amounts falling due after more than one year
-
(5,000)
Net liabilities
(111,340)
(127,956)
Called up share capital
10
10
Profit and loss account
(111,350)
(127,966)
Shareholders' funds
(111,340)
(127,956)
For the period ending 31 December 2025 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 July 2026 and were signed on its behalf by
Ms G M De Wet
Director
Company Registration No. 05597440
Anglo African Ventures Ltd
Notes to the Accounts
for the period from 1 August 2024 to 31 December 2025
Anglo African Ventures Ltd is a private company, limited by shares, registered in England and Wales, registration number 05597440. The registered office is Village Stores, Tilton on the Hill, Leicestershire, LE7 9LF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
At the time of approving the accounts, the director has reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the accounts.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Intangible fixed assets (including purchased goodwill) are included at cost less accumulated amortisation. Goodwill, being the amount paid in connection with the acquisition of the business in 2007, is amortised evenly over its estimated useful life of ten years.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% on net book value
Inventories have been valued at the lower of cost and estimated net realisable value, after making allowance for obsolete or slow moving items..
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Anglo African Ventures Ltd
Notes to the Accounts
for the period from 1 August 2024 to 31 December 2025
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Anglo African Ventures Ltd
Notes to the Accounts
for the period from 1 August 2024 to 31 December 2025
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
2,917
5,000
Taxes and social security
2,044
40
Other creditors
126,546
130,103
8
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
10
Average number of employees
During the period the average number of employees was 6 (2024: 8).