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Company Registration No. 04243330 (England and Wales)
Avdec Limited Unaudited accounts for the year ended 30 November 2021
Avdec Limited Unaudited accounts Contents
Page
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Avdec Limited Company Information for the year ended 30 November 2021
Director
Peter Bickerstaffe
Company Number
04243330 (England and Wales)
Registered Office
7 Winghouse Lane Tittensor Stoke on Trent ST12 9JG
Accountants
Victoria Miles Accountants Stafford Education and Enterprise Park Weston Road Stafford Staffordshire ST18 0BF
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Avdec Limited for the year ended 30 November 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Avdec Limited for the year ended 30 November 2021 as set out on pages 5 - 7 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 https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Avdec Limited, as a body, in accordance with the terms of our engagement letter dated 3 December 2020. Our work has been undertaken solely to prepare for your approval the accounts of Avdec Limited and state those matters that we have agreed to state to the Board of Directors of Avdec 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/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Avdec Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Avdec Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Avdec Limited. You consider that Avdec 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 accounts of Avdec 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 accounts.
Victoria Miles Accountants Chartered Certified Accountants Stafford Education and Enterprise Park Weston Road Stafford Staffordshire ST18 0BF 14 July 2022
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Avdec Limited Statement of financial position as at 30 November 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
192 
- 
Current assets
Inventories
2,182 
2,410 
Debtors
300 
774 
Cash at bank and in hand
1,457 
1,091 
3,939 
4,275 
Creditors: amounts falling due within one year
(10,353)
(9,946)
Net current liabilities
(6,414)
(5,671)
Net liabilities
(6,222)
(5,671)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(6,223)
(5,672)
Shareholders' funds
(6,222)
(5,671)
For the year ending 30 November 2021 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 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 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.
The financial statements were approved by the Board and authorised for issue on 14 July 2022 and were signed on its behalf by
Peter Bickerstaffe Director Company Registration No. 04243330
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Avdec Limited Notes to the Accounts for the year ended 30 November 2021
1
Statutory information
Avdec Limited is a private company, limited by shares, registered in England and Wales, registration number 04243330. The registered office is 7 Winghouse Lane, Tittensor, Stoke on Trent, ST12 9JG.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
Support has been provided by a loan from the director who has indicated that this loan will continue for the foreseeable future. The director therefore considers it appropriate to prepare these accounts on a going concern basis.
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:
Plant & machinery
20% on cost
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2020
21,513 
797 
22,310 
Additions
- 
230 
230 
At 30 November 2021
21,513 
1,027 
22,540 
Depreciation
At 1 December 2020
21,513 
797 
22,310 
Charge for the year
- 
38 
38 
At 30 November 2021
21,513 
835 
22,348 
Net book value
At 30 November 2021
- 
192 
192 
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade debtors
300 
774 
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Avdec Limited Notes to the Accounts for the year ended 30 November 2021
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
70 
35 
Trade creditors
390 
375 
Loans from directors
9,893 
9,536 
10,353 
9,946 
7
Share capital
2021 
2020 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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