Venture Systems Group Limited

	Page
Company Information	1
Balance Sheet	2—3
Notes to the Financial Statements	4—8

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Balance Sheet

As At 31 December 2025

Balance Sheet

Registered number: 13978146

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		11,712		15,615
Tangible Assets	5		44,439		11,204

			56,151		26,819
CURRENT ASSETS
Debtors	6	2,599,582		2,265,341
Cash at bank and in hand		1,873,349		1,227,719

		4,472,931		3,493,060
Creditors: Amounts Falling Due Within One Year	7	(2,369,405 )		(927,992 )

NET CURRENT ASSETS (LIABILITIES)			2,103,526		2,565,068

TOTAL ASSETS LESS CURRENT LIABILITIES			2,159,677		2,591,887

NET ASSETS			2,159,677		2,591,887

CAPITAL AND RESERVES
Called up share capital	8		23,025		100
Capital redemption reserve			10		-
Profit and Loss Account			2,136,642		2,591,787

SHAREHOLDERS' FUNDS			2,159,677		2,591,887

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Venture Systems Group Limited

Balance Sheet (continued)

As At 31 December 2025

For the year 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

The financial statements were approved by the board of directors on 9 July 2026 and were signed on its behalf by:

Mr A R Hawes

Director

The notes on pages 4 to 8 form part of these financial statements.

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Venture Systems Group Limited

Notes to the Financial Statements

For The Year Ended 31 December 2025

Notes to the Financial Statements

1. General Information

Venture Systems Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13978146 .

The registered office is 101 Lincoln House 1 Brixton Road, Kennington, London, SW9 6DE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The financial statements are presented in Sterling (£) and figures are shown to the nearest whole pound.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Intangible assets are stated in the balance sheet at cost, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Website development

25% on reducing balance

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

25% on reducing balance

2.5. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

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Venture Systems Group Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.6. 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 statement of comprehensive income 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.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.8. Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

2.9. Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

2.10. Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 32 (2024: 11)

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Venture Systems Group Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Intangible Assets

	Website development
	£
Cost or Valuation
As at 1 January 2025	19,029

As at 31 December 2025	19,029

Amortisation
As at 1 January 2025	3,414
Provided during the period	3,903

As at 31 December 2025	7,317

Net Book Value
As at 31 December 2025	11,712

As at 1 January 2025	15,615

5. Tangible Assets

	Computer Equipment
	£
Cost or Valuation
As at 1 January 2025	13,554
Additions	41,180

As at 31 December 2025	54,734

Depreciation
As at 1 January 2025	2,350
Provided during the period	7,945

As at 31 December 2025	10,295

Net Book Value
As at 31 December 2025	44,439

As at 1 January 2025	11,204

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Venture Systems Group Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,852,339	1,166,359
Other debtors	747,243	1,098,982

	2,599,582	2,265,341

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	208,754	9,488
Amounts owed to participating interests	15,677	44,529
Other creditors	1,572,393	645,416
Taxation and social security	572,581	228,559

	2,369,405	927,992

8. Share Capital

	2025	2024
Allotted, called up but not fully paid	£	£
0 Ordinary Shares of £ 0.00 each	-	100
3,300 Ordinary A shares of £ 0.01 each	33	-
3,300 Ordinary B shares of £ 0.01 each	33	-
2,450 Ordinary C shares of £ 0.01 each	24	-
1,577,000 Ordinary D shares of £ 0.01 each	15,770	-
462,400 Ordinary E shares of £ 0.01 each	4,624	-
254,100 Ordinary F shares of £ 0.01 each	2,541	-

	23,025	-


Shares issued during the period:	£
1,577,000 Ordinary D shares of £ 0.01 each	15,770
462,400 Ordinary E shares of £ 0.01 each	4,624
254,100 Ordinary F shares of £ 0.01 each	2,541

	22,935


Shares disposed during the period:	£
950 Ordinary C shares of £ 0.01 each	(10)

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Venture Systems Group Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

During the year, 100 ordinary shares of £1 each were sub-divided to 3,300 Ordinary A shares, 3,300 Ordinary B shares and 3,400 Ordinary C shares of £0.01 each as at 6 May 2025.

During the year, the company issued 1,577,000 Ordinary D shares, 462,400 Ordinary E shares and 254,100 Ordinary F shares of £0.01 each as at 6 May 2025.

During the year, the company bought back 950 Ordinary C shares for an aggregate consideration of £750,000 on 6 May 2025.

Post-balance sheet events

The company bought back 475 Ordinary C share for the aggregate consideration of £375,000 on 7 January 2026.

The company will buy back 475 Ordinary C share for the agreegate considetation of £375,000.

9. Dividends

	2025	2024
	£	£
On equity shares:
Interim dividend paid	-	354,148

10. Related Party Disclosures

Boss Professional Services Limited

Parent company

At the balance sheet date, the company owed £15,677 (2024: £17,398) to Boss Professional Services Limited.

Boss ERP Consulting Limited

Under common control

At the balance sheet date, the company owed Nil (2024: £27,131) to Boss ERP Consulting Limited.

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Directors	Mr A R Hawes
	Mr R I Mathieson

Company Number	13978146

Registered Office	101 Lincoln House 1 Brixton Road
	Kennington
	London
	SW9 6DE

Accountants	Ripe LLP
	Chartered Accountants
	Ripe Chartered Accountants
	9a Burroughs Gardens
	London
	NW4 4AU