SB Ventures Inc. LTD

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

Registered number: 15611369

		30 April 2026		30 April 2025
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		11,125		-

			11,125		-
CURRENT ASSETS
Debtors	5	956,865		546,493
Cash at bank and in hand		1,048,645		301,701

		2,005,510		848,194
Creditors: Amounts Falling Due Within One Year	6	(1,940,910 )		(845,137 )

NET CURRENT ASSETS (LIABILITIES)			64,600		3,057

TOTAL ASSETS LESS CURRENT LIABILITIES			75,725		3,057

NET ASSETS			75,725		3,057

CAPITAL AND RESERVES
Called up share capital	7		10		10
Profit and Loss Account			75,715		3,047

SHAREHOLDERS' FUNDS			75,725		3,057

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SB Ventures Inc. LTD

Balance Sheet (continued)

As At 30 April 2026

For the year ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

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.

On behalf of the board

Mr Sebastian Begueria

Director

22/08/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

SB Ventures Inc. LTD is a private company, limited by shares, incorporated in England & Wales, registered number 15611369 . The registered office is 10 Blue Sky Way, Monkton Business Park, Hebburn, Tyne And Wear, NE31 2EQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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 prepared in sterling, which is the functional currency of the entity.

2.2. 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.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2025: 1)

4. Investments

	Associates
	£
Cost or Valuation
As at 1 May 2025	-
Additions	11,125

As at 30 April 2026	11,125

Provision
As at 1 May 2025	-

As at 30 April 2026	-

Net Book Value
As at 30 April 2026	11,125

As at 1 May 2025	-

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SB Ventures Inc. LTD

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

5. Debtors

	30 April 2026	30 April 2025
	£	£
Due within one year
Prepayments and accrued income	830	-
Other debtors	-	10
Amounts owed by group undertakings	956,035	546,483

	956,865	546,493

6. Creditors: Amounts Falling Due Within One Year

	30 April 2026	30 April 2025
	£	£
Corporation tax	3,135	715
Other creditors	-	107
Amounts owed to group undertakings	1,937,775	844,315

	1,940,910	845,137

7. Share Capital

	30 April 2026	30 April 2025
	£	£
Allotted, Called up and fully paid	10	10

8. Related Party Transactions

My Adventure Project

SB Ventures is a 90.91% owner of My Adventure Project

All inter company moves are loans with closing balance £-1,931,019.77 (Opening balance £-844314.59).

EB Capital Investments Ltd

SB Ventures is a 100% owner of EB Capital Ltd

All inter company moves are loans with closing balance £46,331.83 (Opening balance £0).

Bali Adventures Ltd

SB Ventures is a 51% owner of Bali Adventures

A dividend was received in the year. Apart from that all inter company moves are loans with closing balance £-4,011.00 (Opening balance £891.00).

Nomad Alliance Ltd

SB Ventures is a 100% owner of Nomad Alliance

All inter company moves are loans with closing balance £909,703.59 (Opening balance £545,592.28)

Kiwi Adventure Tours

SB Ventures is a 60% owner of Kiwi Adventures

All inter company moves are loans with closing balance £-2,744.00 (Opening balance £0).

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