Registration number: 08120401

SRM Ventures Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

SRM Ventures Ltd

Company Information

Director	S R M Hunt-Hall

Registered office

3 Cottrell Close Hungerford Berkshire RG17 0HF

Accountants

Sable & Argent Limited 2 Elvetham Crescent Fleet Hampshire GU51 1BU

SRM Ventures Ltd

(Registration number: 08120401)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	-	39,904
Current assets
Debtors	5	459	333
Cash at bank and in hand		4,928	474
		5,387	807
Creditors: Amounts falling due within one year	6	(7,073)	(22,880)
Net current liabilities		(1,686)	(22,073)
Total assets less current liabilities		(1,686)	17,831
Provisions for liabilities		-	(7,582)
Net (liabilities)/assets		(1,686)	10,249
Capital and reserves
Called up share capital	8	200	200
Retained earnings		(1,886)	10,049
Shareholders' (deficit)/funds		(1,686)	10,249

For the financial period ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 3 September 2026
 

S R M Hunt-Hall Director

SRM Ventures Ltd

Notes to the Unaudited Financial Statements for the Period from 1 July 2025 to 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
3 Cottrell Close
Hungerford
Berkshire
RG17 0HF

These financial statements were authorised for issue by the director on 3 September 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities during the year. Turnover is shown net of value added tax.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

SRM Ventures Ltd

Notes to the Unaudited Financial Statements for the Period from 1 July 2025 to 31 March 2026

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	33.3% p.a. on cost
Motor vehicles	20% p.a. on cost
Plant and machinery	20% p.a. on cost

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business. Trade debtors are recognised at the transaction price 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.

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 at the transaction price.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

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	Staff numbers

The average number of people (including the director) employed by the company in the period, was 2 (2025: 2).

SRM Ventures Ltd

Notes to the Unaudited Financial Statements for the Period from 1 July 2025 to 31 March 2026

4	Tangible assets

	Office equipment  £	Motor vehicles  £	Pland and machinery £	Total £
Cost or valuation
At 1 July 2025	8,969	83,356	746	93,071
Disposals	(8,969)	(83,356)	(746)	(93,071)
At 31 March 2026	-	-	-	-
Depreciation
At 1 July 2025	8,432	44,214	521	53,167
Eliminated on disposal	(8,432)	(44,214)	(521)	(53,167)
At 31 March 2026	-	-	-	-
Carrying amount
At 31 March 2026	-	-	-	-
At 30 June 2025	537	39,142	225	39,904

SRM Ventures Ltd

Notes to the Unaudited Financial Statements for the Period from 1 July 2025 to 31 March 2026

5

Debtors

Current	2026 £	2025 £
Other debtors	459	333
	459	333

6

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	783	-
Taxation and social security	5,054	7,432
Accruals and deferred income	-	10,028
Other creditors	1,236	5,420
	7,073	22,880

7	Provisions for liabilities

	Deferred tax £	Total £
At 1 July 2025	7,582	7,582
Increase (decrease) in existing provisions	(7,582)	(7,582)
At 31 March 2026	-	-

8	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
ordinary A shares of £1 each	130	130	130	130
ordinary B shares of £1 each	70	70	70	70
	200	200	200	200