Company Registration No. 03986311 (England and Wales)
Venus Building Company Limited
Unaudited accounts
for the year ended 31 May 2018
Venus Building Company Limited
Unaudited accounts
Contents
Venus Building Company Limited
Company Information
for the year ended 31 May 2018
Directors
V M Soteriou
E M Soteriou
S M Soteriou
Company Number
03986311 (England and Wales)
Registered Office
5 Sinatra Way
Frenchay
Bristol
BS16 1YA
Accountants
A K Tax Consultant Limited
18 Oakwood Road
Henleaze
Bristol
BS9 4NR
Venus Building Company Limited
Statement of financial position
as at
31 May 2018
Tangible assets
405,012
405,030
Cash at bank and in hand
8,365
29,358
Creditors: amounts falling due within one year
(10,586)
(46,980)
Net current liabilities
(2,077)
(17,225)
Net assets
402,935
387,805
Called up share capital
1,000
1,000
Revaluation reserve
160,000
160,000
Profit and loss account
241,935
226,805
Shareholders' funds
402,935
387,805
For the year ending 31 May 2018 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 12 July 2018.
V M Soteriou
Director
Company Registration No. 03986311
Venus Building Company Limited
Notes to the Accounts
for the year ended 31 May 2018
Venus Building Company Limited is a private company, limited by shares, registered in England and Wales, registration number 03986311. The registered office is 5 Sinatra Way, Frenchay, Bristol, BS16 1YA.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Land & buildings
Tangible fixed assets include investment property on an existing open market value basis.
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Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 June 2017
405,000
125
405,125
At 31 May 2018
405,000
125
405,125
Charge for the year
-
18
18
At 31 May 2018
405,000
12
405,012
At 31 May 2017
405,000
30
405,030
Valuation carried out by Andrew Forbes Chartered Valuation Surveyors on 20 June 2017 in accordance with the RCIS Valuation - Professional Standards January 2014 (Red Book).
Accrued income and prepayments
144
397
Venus Building Company Limited
Notes to the Accounts
for the year ended 31 May 2018
6
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
7,052
2,906
Other creditors
1,800
1,800
Loans from directors
920
41,482
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Average number of employees
During the year the average number of employees was 0 (2017: 0).