Company registration number 02189990 (England and Wales)
AVENUE CORPORATE SERVICES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2022
PAGES FOR FILING WITH REGISTRAR
AVENUE CORPORATE SERVICES LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
AVENUE CORPORATE SERVICES LIMITED
BALANCE SHEET
AS AT
30 APRIL 2022
30 April 2022
- 1 -
2022
2021
Notes
£
£
£
£
Fixed assets
Tangible assets
3
168
251
Current assets
Cash at bank and in hand
81,415
70,627
Creditors: amounts falling due within one year
4
(28,905)
(21,428)
Net current assets
52,510
49,199
Net assets
52,678
49,450
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
52,676
49,448
Total equity
52,678
49,450
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 30 April 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 8 August 2022 and are signed on its behalf by:
N Fetterman
Director
Company Registration No. 02189990
AVENUE CORPORATE SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2022
- 2 -
1
Accounting policies
Company information
Avenue Corporate Services Limited is a private company limited by shares incorporated in England and Wales. The registered office is Flat 3 Halley, 31 Dollis Avenue, London N3 1BY.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures, fittings & equipment
33% straight line
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2022
2021
Number
Number
Total
2
2
AVENUE CORPORATE SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2022
- 3 -
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 May 2021 and 30 April 2022
9,412
Depreciation and impairment
At 1 May 2021
9,161
Depreciation charged in the year
83
At 30 April 2022
9,244
Carrying amount
At 30 April 2022
168
At 30 April 2021
251
4
Creditors: amounts falling due within one year
2022
2021
£
£
Corporation tax
1,680
2,192
Other creditors
27,225
19,236
28,905
21,428
5
Related party transactions
At the year end, the company owed the directors £27,225 (2020 - £19,236) in respect of an interest free loan, made payable on demand.