VENTURE INNOVATORS LIMITED Small abbreviated accounts

VENTURE INNOVATORS LTD - Company Information

FY Private Limited Company Company accounts 2016-12-22 2016-12-22 false true false false false false false false false false false false true true 2015-04-01 true xbrli:pure xbrli:shares iso4217:GBP 05116672 2015-04-01 2016-03-31 05116672 2016-03-31 05116672 2015-03-31 05116672 2014-04-01 2015-03-31 05116672 2015-03-31 05116672 uk-gaap:FixturesFittings 2015-04-01 2016-03-31 05116672 uk-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 05116672 uk-bus:OrdinaryShareClass2 2015-04-01 2016-03-31 05116672 uk-bus:Director1 2015-04-01 2016-03-31 05116672 uk-gaap:AllSubsidiaries 2015-04-01 2016-03-31 05116672 uk-bus:OrdinaryShareClass1 2016-03-31 05116672 uk-bus:OrdinaryShareClass1 2015-03-31 05116672 uk-bus:OrdinaryShareClass2 2016-03-31 05116672 uk-bus:OrdinaryShareClass2 2015-03-31 05116672 uk-lang:English 2015-04-01 2016-03-31 05116672 uk-curr:PoundSterling 2015-04-01 2016-03-31

COMPANY REGISTRATION NUMBER 05116672

VENTURE INNOVATORS LIMITED

UNAUDITED ABBREVIATED ACCOUNTS

31 March 2016

VENTURE INNOVATORS LIMITED

ABBREVIATED BALANCE SHEET

31 March 2016

		2016		2015
Note		£	£	£
Fixed assets	2
Tangible assets			350	350
			----	----

Current assets

Debtors	2,445		2,445
Cash at bank and in hand	17,753		17,753
	--------		--------
	20,198		20,198
Creditors: Amounts falling due within one year	( 9,407)		( 9,407)
	--------		--------
Net current assets		10,791	10,791
		--------	--------
Total assets less current liabilities		11,141	11,141

Creditors: Amounts falling due after more than one year	( 10,000)	( 10,000)
	--------	--------
	1,141	1,141
	--------	--------

Capital and reserves

Called up equity share capital	3	1,000	1,000
Profit and loss account		141	141
		-------	-------
Shareholders' funds		1,141	1,141
		-------	-------

For the year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These abbreviated accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.

These abbreviated accounts were approved by the directors and authorised for issue on 22 December 2016 , and are signed on their behalf by:

J C Acklam Director

Company Registration Number: 05116672

VENTURE INNOVATORS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

YEAR ENDED 31 MARCH 2016

1. Accounting policies

Basis of accounting

The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

The turnover shown in the profit and loss account represents amounts invoiced during the year.

Fixed assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures & Fittings-25% Reducing Balance

Website-33.33% straight line

2. Fixed assets

	Tangible Assets
	£

Cost

At 1 April 2015 and 31 March 2016	2,477
	-------

Depreciation

At 1 April 2015	2,127
	-------
At 31 March 2016	2,127
	-------

Net book value

At 31 March 2016	350
	----

At 31 March 2015	350
	----

3. Share capital

Allotted, called up and fully paid:

	2016		2015
	No.	£	No.	£
Ordinary "A" shares shares of £ 1 each	500	500	500	500
Ordinary "B" shares shares of £ 1 each	500	500	500	500
	-------	-------	-------	-------
	1,000	1,000	1,000	1,000
	-------	-------	-------	-------