VTM Aventura Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06805725 (England and Wales)

VTM AVENTURA LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Certified Accountants' Report

5

DIRECTORS:

J T Barford

J C Parker

REGISTERED OFFICE:

Irvin House

Icknield Way

Letchworth Garden City

Herts

SG6 1EF

REGISTERED NUMBER:

06805725 (England and Wales)

ACCOUNTANTS:

Jones Hunt

Chartered Certified Accountants and

Chartered Tax Advisers

Ickleford Manor

Turnpike Lane

Hitchin

Herts

SG5 3XE

FIXED ASSETS

Investments

2

2

2

CURRENT ASSETS

Cash at bank

298

298

NET CURRENT ASSETS

298

298

TOTAL ASSETS LESS CURRENT LIABILITIES

300

300

CAPITAL AND RESERVES

Called up share capital

3

300

300

SHAREHOLDERS' FUNDS

300

300

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 16 December 2016 and were signed on its behalf by:

J T Barford - Director

1.	ACCOUNTING POLICIES

Accounting convention

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).

The company was dormant throughout the current year and previous year.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2015

and 31 March 2016

2

NET BOOK VALUE

At 31 March 2016

2

At 31 March 2015

2

The company's investments at the Balance Sheet date in the share capital of companies include the following:

VTM (UK) Limited

Nature of business: Distribution of electronic components

%

Class of shares:

holding

Ordinary

100.00

31.7.15

31.7.14

£

£

Aggregate capital and reserves

122,943

99,216

Profit for the year

23,727

25,166

Stackpole Europe Limited

Nature of business: Distribution of electronic components

%

Class of shares:

holding

Ordinary shares

100.00

31.7.15

31.8.14

£

£

Aggregate capital and reserves

(21,296

)

(27,708

)

Profit for the period/year

6,412

8,759

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

300

Ordinary

£1

300

300

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of VTM Aventura Limited for the year ended 31 March 2016 which comprise the Profit and Loss

Account, the Balance Sheet, and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of VTM Aventura Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of VTM Aventura Limited and state those matters that we have agreed to state to the Board of Directors of VTM Aventura Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that VTM Aventura Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of VTM Aventura Limited. You consider that VTM Aventura Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of VTM Aventura Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Jones Hunt

Chartered Certified Accountants and

Chartered Tax Advisers

Ickleford Manor

Turnpike Lane

Hitchin

Herts

SG5 3XE

16 December 2016