Merchant Venture Ltd


Acorah Software Products - Accounts Production 6.2.011 false true No description of principal activity 1 June 2016 31 May 2017 31 May 2017 05797089 iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05797089 2016-05-31 05797089 2017-05-31 05797089 2016-06-01 2017-05-31 05797089 frs-core:CurrentFinancialInstruments 2017-05-31 05797089 frs-core:CurrentFinancialInstruments 2016-06-01 2017-05-31 05797089 frs-core:Non-currentFinancialInstruments 2017-05-31 05797089 frs-core:Non-currentFinancialInstruments 2016-06-01 2017-05-31 05797089 frs-core:CurrentFinancialInstruments 2016-06-01 2017-05-31 05797089 frs-core:CurrentFinancialInstruments 2017-05-31 05797089 frs-core:AfterOneYear 2016-06-01 2017-05-31 05797089 frs-core:BetweenOneFiveYears 2016-06-01 2017-05-31 05797089 frs-core:BetweenOneFiveYears 2017-05-31 05797089 frs-core:ComputerEquipment 2017-05-31 05797089 frs-core:ComputerEquipment 2016-06-01 2017-05-31 05797089 frs-core:ComputerEquipment 2016-05-31 05797089 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2016-05-31 05797089 dpl-frs:AdministrativeExpenses dpl-frs:Item12 2015-06-01 2016-05-31 05797089 1 2015-06-01 2016-05-31 05797089 frs-countries:EnglandWales 2015-06-01 2016-05-31
Registered number: 05797089
Merchant Venture Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2017
Balance Sheet
Registered number: 05797089
2017 2016
£ £
Fixed assets 5,784 7,780
Current assets 5,298 27,860
Prepayments and accrued income 11,237 10,000
Creditors: Amounts Falling Due Within One Year (8,725 ) (19,825 )
NET CURRENT ASSETS 7,810 18,035
TOTAL ASSETS LESS CURRENT LIABILITIES 13,594 25,815
Provisions for liabilities - (946 )
Accruals and deferred income (500 ) (750 )
NET ASSETS 13,094 24,119
CAPITAL AND RESERVES 13,094 24,119
Notes
1. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2017 2016
Office and administration 1 3
1 3
2. Transactions With and Loans to Directors
Included within Debtors are the following loans to directors:
As at 1 June 2016 Amounts advanced Amounts repaid As at 31 May 2017
£ £ £ £
Mr Vladislav Vassiliev - 29,654 29,654 -
The above loan is unsecured, interest free and repayable on demand.
3. General Information
Merchant Venture Ltd Registered number 05797089 is a limited by shares company incorporated in England & Wales. The Registered Office is 29 Orbital 25 Business Park, Dwight Road, Watford, WD18 9DA.
For the year ending 31 May 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities
  • The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the micro-entity provisions in the Companies Act 2006, Pt. 15 and FRS 105 the Financial Reporting Standard applicable to the Micro-entities Regime.
  • These accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
Mr Vladislav Vassiliev
19/02/2018
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