Company Registration No. 05663936 (England and Wales)
Venture Business Research Limited
Unaudited accounts
for the year ended 31 December 2025
Venture Business Research Limited
Unaudited accounts
Contents
Venture Business Research Limited
Company Information
for the year ended 31 December 2025
Company Number
05663936 (England and Wales)
Registered Office
New London House
6 London Street
London
EC3R 7LP
United Kingdom
Accountants
Basetax Limited
85 Tooting High Street
SW17 0SU
Venture Business Research Limited
Statement of financial position
as at 31 December 2025
Cash at bank and in hand
14,061
9,204
Creditors: amounts falling due within one year
(2,892)
(3,135)
Net current assets
151,681
146,581
Total assets less current liabilities
151,681
146,581
Creditors: amounts falling due after more than one year
(4,748)
(14,060)
Net assets
146,933
132,521
Called up share capital
16,000
16,000
Share premium
1,267,000
1,267,000
Profit and loss account
(1,136,067)
(1,150,479)
Shareholders' funds
146,933
132,521
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 director acknowledges his 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 and authorised for issue on 10 September 2026 and were signed on its behalf by
Andrew Nguyen
Director
Company Registration No. 05663936
Venture Business Research Limited
Notes to the Accounts
for the year ended 31 December 2025
Venture Business Research Limited is a private company, limited by shares, registered in England and Wales, registration number 05663936. The registered office is New London House, 6 London Street, London, EC3R 7LP, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Revenue is measured at the fair value of the consideration received or receivable, net of discounts and value added tax.
The Company recognizes revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the Companies activities as described below.
Revenue from digital services is deferred and recognized on a straight-line basis over the subscription period.
Finance costs are recognized in profit or loss in the period in which they are incurred.
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax is based on the taxable profit for the period. Taxable profit differs from profit as reported in the statement of comprehensive income because it excludes items of income or expense that are taxable or deductible in other years, and it further includes 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 balance sheet date.
Deferred tax is provided in full, using the liability method, on temporary differences between the carrying amounts of assets and liabilities in the consolidated financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences and deferred tax assets are recognised to the extent that it is probable that taxable profits will be available to utilise those temporary differences and losses. Such assets and liabilities are not recognised if the temporary difference arises from goodwill or the initial recognition (other than in a business combination) of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.
Deferred tax is calculated at the enacted or substantively enacted tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited to the statement of comprehensive income, except when it relates to items charged or credited directly to equity, in which case the deferred tax is recognised in other comprehensive income.
Intangible assets Computer software
Computer software that is not integral to the operation of the related hardware is carried at cost less accumulated amortization. Costs associated with the development of identifiable and unique software products controlled by the Company that will generate probable future economic benefits in excess of costs are recognized as intangible assets when the criteria of IAS 38 Intangible Assets? are met. They are carried at cost less accumulated amortization and impairment losses.
Venture Business Research Limited
Notes to the Accounts
for the year ended 31 December 2025
Assets that are subject to depreciation or amortisation are reviewed for impairment whenever events indicate that the carrying value may not be recoverable. An impairment loss is recognised to the extent that the carrying value exceeds the higher of the asset's fair value less cost to sell and its value in use. An asset's value in use is calculated by discounting an estimate of future cash flows by the Company's pre-tax weighted average cost of capital
The Company has applied IFRS 9, Financial Instruments as outlined below:
(i) Financial assets
The Company classifies and measures its financial assets in line with one of the three measurement models under IFRS 9: at amortised cost, fair value through profit or loss, and fair value through other comprehensive income. Management determines the classification of its financial assets based on the requirements of IFRS 9 at initial recognition.
They are included in current assets, except for maturities greater than 12 months after the statement of financial position date. These are classified as non-current assets. The Company's financial assets comprise trade and other receivables and cash and cash equivalents in the statement of financial position. Please see the following sections.
(ii) Trade receivables
Trade receivables are accounted for under IFRS 9 using the expected credit loss model, recognised initially at fair value and subsequently at amortised cost less any allowance for expected credit losses.
The allowance for expected credit losses for trade receivables is established by considering on a discounted basis the cash shortfalls it would incur in various defaults scenarios for prescribed future periods and multiplying the shortfalls by the probability of each scenario occurring. The historical loss rates are adjusted to reflect current and forward-looking information on macroeconomic factors affecting the ability of the customers to settle the receivables. The allowance is the sum of these probability weighted outcomes. The allowance and any changes to it are recognised in the statement of comprehensive income within net operating expenses. A provision matrix is used to calculate the allowance for expected credit losses on trade receivables which is based on historical default rates over the expected life of the trade receivables and is adjusted for forward looking estimates. When a trade receivable is uncollectible, it is written off against the allowance account for trade receivables. Subsequent recoveries of amounts previously written off are credited against net operating expenses in the statement of comprehensive income.
(iii) Cash and cash equivalents:
Cash and cash equivalents includes cash in hand and deposits repayable on demand or maturing within three months of the balance sheet date.
(iv) Financial liabilities:
Debt and trade payables are recognised initially at fair value based on amounts exchanged, net of transaction costs, and subsequently at amortized cost. Interest expense on debt is accounted for using the effective interest method and, is recognised in income.
(v) Derivative financial instruments:
The Company does not hold any derivative financial instruments either for trading
purposes or designated as hedges
(vi.) Share capital and share premium:
Ordinary shares are classified as equity. The excess of consideration received in respect of shares issued over the nominal value of those shares is recognised in the share premium account.
(vii) Dividends:
Dividends are recognised as a liability in the period in which they are paid or approved by the shareholders in the annual general meeting.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Venture Business Research Limited
Notes to the Accounts
for the year ended 31 December 2025
4
Intangible fixed assets
Goodwill
At 31 December 2025
886,584
At 31 December 2025
886,584
Amounts falling due within one year
Deferred tax asset
140,512
140,512
6
Creditors: amounts falling due within one year
2025
2024
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).