1 January 2025 false Taxfiler 2024.6 08812791 business:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 08812791 2024-12-31 08812791 2025-01-01 2025-12-31 08812791 business:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 08812791 business:FilletedAccounts 2025-01-01 2025-12-31 08812791 2025-12-31 08812791 business:Director1 2025-01-01 2025-12-31 08812791 business:Director2 2025-01-01 2025-12-31 08812791 business:RegisteredOffice 2025-01-01 2025-12-31 08812791 2024-12-31 08812791 core:WithinOneYear 2025-12-31 08812791 core:WithinOneYear 2024-12-31 08812791 core:AfterOneYear 2025-12-31 08812791 core:AfterOneYear 2024-12-31 08812791 core:ShareCapital core:PreviouslyStatedAmount 2025-12-31 08812791 core:ShareCapital core:PreviouslyStatedAmount 2024-12-31 08812791 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-12-31 08812791 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-12-31 08812791 core:PreviouslyStatedAmount 2025-12-31 08812791 core:PreviouslyStatedAmount 2024-12-31 08812791 business:SmallEntities 2025-01-01 2025-12-31 08812791 countries:EnglandWales 2025-01-01 2025-12-31 08812791 core:PlantMachinery 2025-01-01 2025-12-31 08812791 core:FurnitureFittings 2025-01-01 2025-12-31 08812791 core:ComputerEquipment 2025-01-01 2025-12-31 08812791 core:PlantMachinery 2024-12-31 08812791 core:FurnitureFittings 2024-12-31 08812791 core:ComputerEquipment 2024-12-31 08812791 core:PlantMachinery 2025-12-31 08812791 core:FurnitureFittings 2025-12-31 08812791 core:ComputerEquipment 2025-12-31 08812791 business:OrdinaryShareClass1 2025-01-01 2025-12-31 08812791 business:OrdinaryShareClass1 2024-01-01 2024-12-31 08812791 2024-01-01 2024-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 08812791 (England and Wales)
Ventnor Exchange Trading Company Limited Unaudited accounts for the year ended 31 December 2025
Ventnor Exchange Trading Company Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Ventnor Exchange Trading Company Limited Company Information for the year ended 31 December 2025
Directors
Mhairi Macaulay Mr Jack Laurence Rigby Whitewood
Company Number
08812791 (England and Wales)
Registered Office
11 CHURCH STREET VENTNOR ISLE OF WIGHT PO38 1SW
Accountants
Cone Accounting Limited 124 City Road London EC1V 2NX
- 3 -
Ventnor Exchange Trading Company Limited Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
2,139
4,179
Current assets
Inventories
20,921
23,051
Debtors
5
6,427
5,783
Cash at bank and in hand
1,840
1,035
29,188
29,869
Creditors: amounts falling due within one year
6
(12,537)
(11,146)
Net current assets
16,651
18,723
Total assets less current liabilities
18,790
22,902
Creditors: amounts falling due after more than one year
7
(3,741)
(8,059)
Net assets
15,049
14,843
Capital and reserves
Called up share capital
8
3
3
Profit and loss account
15,046
14,840
Shareholders' funds
15,049
14,843
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 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 of Directors and authorised for issue on 2 July 2026 and were signed on its behalf by
Mhairi Macaulay Director Company Registration No. 08812791
- 4 -
Ventnor Exchange Trading Company Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Ventnor Exchange Trading Company Limited is a private company, limited by shares, registered in England and Wales, registration number 08812791. The registered office is 11 CHURCH STREET, VENTNOR, ISLE OF WIGHT, PO38 1SW.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
20.00% Straight line Method
Fixtures & fittings
25.00% Straight line Method
Computer equipment
33.33% Straight line Method & 25.00% Straight line Method
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 January 2025
1,081
324
8,841
10,246
Disposals
(676)
-
(366)
(1,042)
At 31 December 2025
405
324
8,475
9,204
Depreciation
At 1 January 2025
717
243
5,107
6,067
Charge for the year
216
81
1,671
1,968
On disposals
(604)
-
(366)
(970)
At 31 December 2025
329
324
6,412
7,065
Net book value
At 31 December 2025
76
-
2,063
2,139
At 31 December 2024
364
81
3,734
4,179
- 5 -
Ventnor Exchange Trading Company Limited Notes to the Accounts for the year ended 31 December 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
6,257
5,133
Accrued income and prepayments
170
166
Other debtors
-
484
6,427
5,783
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
4,266
4,163
VAT
4,344
2,124
Trade creditors
2,991
4,778
Taxes and social security
633
(321)
Other creditors
169
600
Loans from directors
(175)
(198)
Accruals
309
-
12,537
11,146
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
3,741
8,059
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3
3
9
Average number of employees
During the year the average number of employees was 4 (2024: 4).
- 6 -