Etra Ventures Ltd - Filleted accounts

Registered number

11598533

Etra Ventures Ltd

Filleted Accounts

31 October 2025

Etra Ventures Ltd
Registered number:		11598533
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£			£	£		£
Fixed assets
Tangible assets	3		31,916			38,156

Current assets
Cash at bank and in hand		1,093,750			702,197

Creditors: amounts falling due within one year	4	(205,376)			(167,090)

Net current assets			888,374			535,107

Total assets less current liabilities			920,290			573,263

Creditors: amounts falling due after more than one year	5		-			(5,000)

Provisions for liabilities			(8,000)			(9,500)


Net assets			912,290			558,763

Capital and reserves
Called up share capital	6		100			1
Profit and loss account			912,190			558,762

Shareholder's funds			912,290			558,763

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 member has 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.




S R Faruqui
Director
Approved by the board on 20 July 2026

Etra Ventures Ltd
Notes to the Accounts
for the year ended 31 October 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). The accounts are presented in Sterling which is the functional currency of the company and is rounded to the nearest £.

	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.

	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:

	Plant and machinery		25% reducing balance
	Motor vehicles		20% reducing balance

	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.

	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				7		7


3	Tangible fixed assets
			Plant and machinery		Motor vehicles		Total
£				£		£
	Cost
	At 1 November 2024		19,332		56,750		76,082
	Additions		2,440		-		2,440
	At 31 October 2025		21,772		56,750		78,522

	Depreciation
	At 1 November 2024		10,232		27,694		37,926
	Charge for the year		2,869		5,811		8,680
	At 31 October 2025		13,101		33,505		46,606

	Net book value
	At 31 October 2025		8,671		23,245		31,916
	At 31 October 2024		9,100		29,056		38,156


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

	Bank loans and overdrafts				5,000		10,000
	Taxation and social security costs				183,052		141,736
	Accruals and deferred income				6,075		5,500
	Other creditors				11,249		9,854
					205,376		167,090


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

	Bank loans				-		5,000


6	Share capital				2025		2024
£						£

	Allotted, called up and fully paid:
	Ordinary shares				100		1


7	Other information

	Etra Ventures Ltd is a private company limited by shares and incorporated in England and Wales. Its registered office is:

	Edmund House
	12-22 Newhall Street
	Birmingham
	West Midlands
	B3 3AS

	Its registered number is:	11598533