IT'S_A_NEW_VENTURE_LIMITE - Accounts


Company Registration Number 05485297 (England and Wales)
IT'S A NEW VENTURE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2021
PAGES FOR FILING WITH REGISTRAR
IT'S A NEW VENTURE LIMITED
BALANCE SHEET
AS AT
30 JUNE 2021
30 June 2021
- 1 -
2021
2020
£
£
£
£
Fixed assets
60,314
471
Current assets
97,730
180,848
Creditors: amounts falling due within one year
(23,377)
(39,493)
Net current assets
74,353
141,355
Total assets less current liabilities
134,667
141,826
Net assets
134,667
141,826
Capital and reserves
134,667
141,826
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees

During the period the company made an interest free loan to the director of £8,750. This has been repaid after the year end.

2
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2021
2020
Number
Number
Employees
2
2

It's a New Venture Limited is a private company limited by shares incorporated in England and Wales. The registered office is Manor Farmhouse, Drayton, Leicestershire, LE16 8SD.

For the year ended 30 June 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

IT'S A NEW VENTURE LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 JUNE 2021
30 June 2021
- 2 -
The financial statements were approved and signed by the director and authorised for issue on 28 April 2022
Mr C M F Newton
Director
Company Registration Number 05485297
2021-06-302020-07-01falseCCH SoftwareCCH Accounts Production 2022.100No description of principal activityMr C M F Newton054852972020-07-012021-06-30054852972021-06-30054852972020-06-3005485297core:CurrentFinancialInstrumentscore:WithinOneYear2021-06-3005485297core:CurrentFinancialInstrumentscore:WithinOneYear2020-06-30054852972019-07-012020-06-3005485297bus:Director12020-07-012021-06-3005485297bus:PrivateLimitedCompanyLtd2020-07-012021-06-3005485297bus:SmallCompaniesRegimeForAccounts2020-07-012021-06-3005485297bus:Micro-entities2020-07-012021-06-3005485297bus:AuditExemptWithAccountantsReport2020-07-012021-06-3005485297bus:FullAccounts2020-07-012021-06-30xbrli:purexbrli:sharesiso4217:GBP