Venrec Accountancy Placements Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08737101 (England and Wales)

FINANCIAL STATEMENTS

FOR THE PERIOD 1 AUGUST 2019 TO 31 MARCH 2020

FOR

VENREC ACCOUNTANCY PLACEMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr M P Smith BA (Hons) FCA

Ms V A Coombs ACA FCCA

Miss S J Smith

REGISTERED OFFICE:

1 Langley Court

Pyle Street

Newport

Isle of Wight

PO30 1LA

REGISTERED NUMBER:

08737101 (England and Wales)

ACCOUNTANTS:

Mackenzies Accountants Limited

Chartered Accountants

12 Romney Place

Maidstone

Kent

ME15 6LE

FIXED ASSETS

Investments

4

100

100

TOTAL ASSETS LESS CURRENT LIABILITIES

100

100

CAPITAL AND RESERVES

Called up share capital

5

100

100

SHAREHOLDERS' FUNDS

100

100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 June 2020 and were signed on its behalf by:

Miss S J Smith - Director

1.	STATUTORY INFORMATION

Venrec Accountancy Placements Limited is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2019 - NIL).

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

At 1 August 2019

and 31 March 2020

100

NET BOOK VALUE

At 31 March 2020

100

At 31 July 2019

100

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Venrec Group Limited

Registered office: 12 Romney Place, Maidstone, Kent, ME15 6LE

Nature of business: Recruitment consultant

%

Class of shares:

holding

Ordinary

100.00

31.3.20

31.3.19

£

£

Aggregate capital and reserves

(15,027

)

(21,776

)

Profit/(loss) for the year/period

6,749

(21,876

)

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2020

2019

value:

£

£

90

Ordinary A

£1

90

90

45

Ordinary B

£1

10

10

100

100

The following shares were issued during the period for cash at par :

35 Ordinary B shares of £1

6.	ULTIMATE CONTROLLING PARTY

The company's ultimately controlled by two of the directors Mark Smith and Venetia Coombs by virtue of a

combination of their personal share holdings in the company together with the share holding held by Logikal

Group Limited (a company incorporated in England) a company which they jointly control.