REGISTERED NUMBER: 07158262 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

VENREC GROUP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs V A Smith ACA FCCA

Mrs S J Coleman

Mr R A Coleman

REGISTERED OFFICE:

4 Kings Row

Armstrong Road

Maidstone

Kent

ME15 6AQ

REGISTERED NUMBER:

07158262 (England and Wales)

ACCOUNTANTS:

Xeinadin Isle of Wight

1 Langley Court

Pyle Street

Newport

Isle of Wight

PO30 1LA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

653

871

Investments

6

1,443

1,400

2,096

2,271

CURRENT ASSETS

Debtors

7

1,069

31,524

Cash at bank

33,694

44,931

34,763

76,455

CREDITORS

Amounts falling due within one year

8

17,077

33,865

NET CURRENT ASSETS

17,686

42,590

TOTAL ASSETS LESS CURRENT LIABILITIES

19,782

44,861

CREDITORS

Amounts falling due after more than one year

9

-

10,799

NET ASSETS

19,782

34,062

CAPITAL AND RESERVES

Called up share capital

10

200

200

Retained earnings

19,582

33,862

SHAREHOLDERS' FUNDS

19,782

34,062

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2026 and were signed on its behalf by:

Mrs S J Coleman - Director

Mr R A Coleman - Director

1.	STATUTORY INFORMATION

Venrec Group Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Website

£

COST

At 1 April 2025

and 31 March 2026

1,500

AMORTISATION

At 1 April 2025

and 31 March 2026

1,500

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2025

and 31 March 2026

3,145

DEPRECIATION

At 1 April 2025

2,274

Charge for year

218

At 31 March 2026

2,492

NET BOOK VALUE

At 31 March 2026

653

At 31 March 2025

871

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2025

1,400

Additions

43

At 31 March 2026

1,443

NET BOOK VALUE

At 31 March 2026

1,443

At 31 March 2025

1,400

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Venrec Limited

Registered office: England and Wales

Nature of business: Dormant company

%

Class of shares:

holding

900 Ordinary A £1 shares

100.00

100 Ordinary B £1 shares

100.00

2026

2025

£

£

Aggregate capital and reserves

1,000

1,000

Venrec Recruitment Limited

Registered office: England and Wales

Nature of business: Dormant company

%

Class of shares:

holding

300 Ordinary £1 shares

100.00

100 Ordinary A and B £1 shares

100.00

2026

2025

£

£

Aggregate capital and reserves

400

400

Mainstream Fleet Services Limited

Registered office: England and Wales

Nature of business: HGV driver supply agency

%

Class of shares:

holding

4315 Ordinary D £0.01 shares

20.00

2026

£

Aggregate capital and reserves

212,683

Profit for the year

26,977

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

1,069

31,524

Trade debtors includes an amount of £Nil (2025: £30,798) due from Mainstream Training Limited and £343 (2025: £Nil) due from Mainstream Fleet Service Limited.

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

-

2,592

Tax

5,102

18,600

Social security and other taxes

-

931

VAT

11,606

10,737

Other creditors

31

996

Directors' current accounts

338

9

17,077

33,865

Other creditors consist of contribution payable to the company's auto-enrollment pension scheme of £Nil (2025: £177) and credit card balance of £31 (2025: £819).

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bounce Back loan - 2 - 5 yrs

-

10,367

Bounce Back loan - over 5 yrs

-

432

-

10,799

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100

20

Ordinary A

£1

20

20

40

Ordinary B

£1

40

40

40

Ordinary C

£1

40

40

200

200

11.	ULTIMATE CONTROLLING PARTY

The directors Robert and Stephanie Coleman each hold 50% of the issued share capital and together control the company.