Company Registration No. SC554312 (Scotland)
Discovery Venture Consulting Ltd
Unaudited accounts
for the year ended 31 January 2026
Discovery Venture Consulting Ltd
Unaudited accounts
Contents
Discovery Venture Consulting Ltd
Company Information
for the year ended 31 January 2026
Directors
Mr David Ricketts
Dr Leesa Marsh
Company Number
SC554312 (Scotland)
Accountants
SC Tax Advisers and Accountants
41 Southgate Street
Winchester
SO23 9EH
Discovery Venture Consulting Ltd
Statement of financial position
as at 31 January 2026
Tangible assets
143,163
154,210
Investment property
275,432
271,301
Cash at bank and in hand
12,824
19,371
Creditors: amounts falling due within one year
(45,347)
(135,690)
Net current liabilities
(32,523)
(116,319)
Total assets less current liabilities
386,072
309,192
Creditors: amounts falling due after more than one year
(87,688)
(114,666)
Net assets
298,384
194,526
Called up share capital
100
100
Profit and loss account
298,284
194,426
Shareholders' funds
298,384
194,526
For the year ending 31 January 2026 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 21 October 2025 and were signed on its behalf by
Mr David Ricketts
Director
Company Registration No. SC554312
Discovery Venture Consulting Ltd
Notes to the Accounts
for the year ended 31 January 2026
Discovery Venture Consulting Ltd is a private company, limited by shares, registered in Scotland, registration number SC554312.
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.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 February 2025
7,376
154,900
2,880
1,298
166,454
At 31 January 2026
7,376
154,900
2,880
1,298
166,454
At 1 February 2025
2,950
9,294
-
-
12,244
Charge for the year
1,475
8,736
576
260
11,047
At 31 January 2026
4,425
18,030
576
260
23,291
At 31 January 2026
2,951
136,870
2,304
1,038
143,163
At 31 January 2025
4,426
145,606
2,880
1,298
154,210
Fair value at 1 February 2025
271,301
At 31 January 2026
275,432
Discovery Venture Consulting Ltd
Notes to the Accounts
for the year ended 31 January 2026
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
999
6,108
Taxes and social security
33,845
(995)
Loans from directors
9,505
128,782
7
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
87,688
114,666
8
Average number of employees
During the year the average number of employees was 2 (2025: 2).