VENBETA LIMITED

VENBETA LIMITED

VENBETA LIMITED - Company Information

Print Friendly Version

3 January 2019 false Taxfiler 2020.6 11748230business:PrivateLimitedCompanyLtd2019-01-032019-12-31 117482302019-01-02 117482302019-01-032019-12-31 11748230business:AuditExemptWithAccountantsReport2019-01-032019-12-31 11748230business:FullAccounts2019-01-032019-12-31 117482302019-12-31 11748230business:Director12019-01-032019-12-31 11748230business:Director22019-01-032019-12-31 11748230business:RegisteredOffice2019-01-032019-12-31 11748230core:WithinOneYear2019-12-31 11748230core:AfterOneYear2019-12-31 11748230core:ShareCapital2019-12-31 11748230core:RetainedEarningsAccumulatedLosses2019-12-31 11748230business:SmallEntities2019-01-032019-12-31 11748230countries:EnglandWales2019-01-032019-12-31 11748230core:FurnitureFittings2019-01-032019-12-31 11748230core:Goodwill2019-01-02 11748230core:Goodwill2019-01-032019-12-31 11748230core:Goodwill2019-12-31 11748230core:FurnitureFittings2019-01-02 11748230core:FurnitureFittings2019-12-31 iso4217:GBP xbrli:pure
Company Registration No. 11748230 (England and Wales)
VENBETA LIMITED Financial Statements for the period from 3 January 2019 to 31 December 2019
VENBETA LIMITED Financial Statements Contents
Page
- 2 -
VENBETA LIMITED Company Information for the period from 3 January 2019 to 31 December 2019
Directors
Mr Chidiebere Sony Bekee Mr Stuart Micheal Veitch
Company Number
11748230 (England and Wales)
Registered Office
Suite/Office 4 Elmatic Energy Wentloog Road, Rumney Cardiff CF3 2ED United Kingdom
- 3 -
VENBETA LIMITED Statement of financial position as at 31 December 2019
2019 
Notes
£ 
Fixed assets
Intangible assets
4
17,500 
Tangible assets
5
35,500 
53,000 
Current assets
Debtors
6
7,228 
Cash at bank and in hand
72,483 
79,711 
Creditors: amounts falling due within one year
7
(15,429)
Net current assets
64,282 
Total assets less current liabilities
117,282 
Creditors: amounts falling due after more than one year
8
(100,000)
Net assets
17,282 
Capital and reserves
Called up share capital
100 
Profit and loss account
17,182 
Shareholders' funds
17,282 
For the period ending 31 December 2019 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.
Approved by the Board on 26 May 2020.
Mr Chidiebere Sony Bekee Director Company Registration No. 11748230
- 4 -
VENBETA LIMITED Notes to the Accounts for the period from 3 January 2019 to 31 December 2019
1
Statutory information
VENBETA LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11748230. The registered office is Suite/Office 4 Elmatic Energy, Wentloog Road, Rumney, Cardiff, CF3 2ED, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
20%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 3 January 2019
- 
Additions
17,500 
At 31 December 2019
17,500 
Amortisation
At 3 January 2019
- 
At 31 December 2019
- 
Net book value
At 31 December 2019
17,500 
- 5 -
VENBETA LIMITED Notes to the Accounts for the period from 3 January 2019 to 31 December 2019
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 3 January 2019
- 
Additions
35,500 
At 31 December 2019
35,500 
Depreciation
At 31 December 2019
- 
Net book value
At 31 December 2019
35,500 
6
Debtors
2019 
£ 
Other debtors
7,228 
7
Creditors: amounts falling due within one year
2019 
£ 
Other creditors
15,429 
8
Creditors: amounts falling due after more than one year
2019 
£ 
Other creditors
100,000 
9
Average number of employees
During the period the average number of employees was 3.
- 6 -