OMNIVENTURE LIMITED

OMNIVENTURE LIMITED

OMNIVENTURE LIMITED - Company Information

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1 February 2020 false No description of principal activity Taxfiler 2021.14 04322551business:PrivateLimitedCompanyLtd2020-02-012021-01-31 043225512020-01-31 043225512020-02-012021-01-31 04322551business:AuditExempt-NoAccountantsReport2020-02-012021-01-31 04322551business:FullAccounts2020-02-012021-01-31 043225512021-01-31 04322551business:Director12020-02-012021-01-31 04322551business:Director22020-02-012021-01-31 04322551business:RegisteredOffice2020-02-012021-01-31 043225512020-01-31 04322551core:WithinOneYear2021-01-31 04322551core:WithinOneYear2020-01-31 04322551core:ShareCapital2021-01-31 04322551core:ShareCapital2020-01-31 04322551core:RetainedEarningsAccumulatedLosses2021-01-31 04322551core:RetainedEarningsAccumulatedLosses2020-01-31 04322551business:SmallEntities2020-02-012021-01-31 04322551countries:EnglandWales2020-02-012021-01-31 04322551core:PlantMachinery2020-02-012021-01-31 04322551core:FurnitureFittings2020-02-012021-01-31 04322551core:ComputerEquipment2020-02-012021-01-31 04322551core:FurnitureFittings2020-01-31 04322551core:ComputerEquipment2020-01-31 04322551core:FurnitureFittings2021-01-31 04322551core:ComputerEquipment2021-01-31 04322551core:AdditionsToInvestments2021-01-31 04322551core:RevaluationsIncreaseDecreaseInInvestments2021-01-31 04322551business:OrdinaryShareClass12020-02-012021-01-31 04322551business:OrdinaryShareClass12019-02-012020-01-31 043225512019-02-012020-01-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 04322551 (England and Wales)
OMNIVENTURE LIMITED Unaudited accounts for the year ended 31 January 2021
OMNIVENTURE LIMITED Unaudited accounts Contents
Page
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OMNIVENTURE LIMITED Company Information for the year ended 31 January 2021
Directors
M. Steidl S.Bax
Company Number
04322551 (England and Wales)
Registered Office
Munro House Portsmouth Road Cobham Surrey KT11 1PP United Kingdom
Accountants
Lateral Accounting Ltd 31 Willoughby Road Kingston Upon Thames KT2 6LN
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OMNIVENTURE LIMITED Statement of financial position as at 31 January 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,269 
4,011 
Investment property
5
130,000 
- 
Investments
6
23,862 
39,376 
155,131 
43,387 
Current assets
Inventories
400 
681 
Debtors
7
2,000 
2,190 
Cash at bank and in hand
93,155 
106,546 
95,555 
109,417 
Creditors: amounts falling due within one year
8
(160,653)
(45,263)
Net current (liabilities)/assets
(65,098)
64,154 
Net assets
90,033 
107,541 
Capital and reserves
Called up share capital
9
100 
100 
Profit and loss account
89,933 
107,441 
Shareholders' funds
90,033 
107,541 
For the year ending 31 January 2021 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 28 February 2021 and were signed on its behalf by
M. Steidl Director Company Registration No. 04322551
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OMNIVENTURE LIMITED Notes to the Accounts for the year ended 31 January 2021
1
Statutory information
OMNIVENTURE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04322551. The registered office is Munro House, Portsmouth Road, Cobham, Surrey, KT11 1PP, 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 remained unchanged from the previous year, and also 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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% Straight line method
Fixtures & fittings
25% Straight line method
Computer equipment
25% Straight line method
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Investments
Investments in shares are included at fair value.
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OMNIVENTURE LIMITED Notes to the Accounts for the year ended 31 January 2021
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2020
7,955 
16,252 
24,207 
Additions
- 
1,905 
1,905 
At 31 January 2021
7,955 
18,157 
26,112 
Depreciation
At 1 February 2020
7,955 
12,241 
20,196 
Charge for the year
- 
4,647 
4,647 
At 31 January 2021
7,955 
16,888 
24,843 
Net book value
At 31 January 2021
- 
1,269 
1,269 
At 31 January 2020
- 
4,011 
4,011 
5
Investment property
2021 
£ 
Additions
130,000 
At 31 January 2021
130,000 
6
Investments
Other investments 
£ 
Valuation at 1 February 2020
39,376 
Additions
618 
Fair value adjustments
(16,132)
Valuation at 31 January 2021
23,862 
7
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
- 
190 
Other debtors
2,000 
2,000 
2,000 
2,190 
8
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade creditors
96 
- 
Taxes and social security
(1,926)
21,523 
Loans from directors
162,483 
23,740 
160,653 
45,263 
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OMNIVENTURE LIMITED Notes to the Accounts for the year ended 31 January 2021
9
Share capital
2021 
2020 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Average number of employees
During the year the average number of employees was 1 (2020: 2).
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