Registered number
00837631
Avenue Court (Branksome) Limited
Filleted Accounts
31 December 2021
Avenue Court (Branksome) Limited
Registered number: 00837631
Balance Sheet
as at 31 December 2021
Notes 2021 2020
£ £
Current assets
Debtors 3 254,215 255,415
Creditors: amounts falling due within one year 4 - (1,200)
Net current assets 254,215 254,215
Total assets less current liabilities 254,215 254,215
Creditors: amounts falling due after more than one year 5 (220,005) (220,005)
Net assets 34,210 34,210
Capital and reserves
Called up share capital 48 48
Profit and loss account 34,162 34,162
Shareholders' funds 34,210 34,210
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
R M Underhill
Director
Approved by the board on 7 September 2022
Avenue Court (Branksome) Limited
Notes to the Accounts
for the year ended 31 December 2021
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the rental income received or receivable
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are recognised at transaction price net of any transaction costs.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2021 2020
Number Number
Average number of persons employed by the company 0 0
3 Debtors 2021 2020
£ £
Due from ACB Estates Limited 200,000 200,000
Monies held by solicitors 51,169 51,169
Corporation tax 149 149
Other debtors 2,897 4,097
254,215 255,415
4 Creditors: amounts falling due within one year 2021 2020
£ £
Other creditors - 1,200
5 Creditors: amounts falling due after one year 2021 2020
£ £
Bank loans 220,005 220,005
6 Other information
Avenue Court (Branksome) Limited is a private company limited by shares and incorporated in England. Its registered office is:
Rawlins Davy
2nd Floor Heliting House
35 Richmond Hill
Bournemouth
BH2 6HT
Avenue Court (Branksome) Limited 00837631 false 2021-01-01 2021-12-31 2021-12-31 VT Final Accounts April 2022 R M Underhill No description of principal activity 00837631 2020-01-01 2020-12-31 00837631 core:WithinOneYear 2020-12-31 00837631 core:AfterOneYear 2020-12-31 00837631 core:ShareCapital 2020-12-31 00837631 core:RetainedEarningsAccumulatedLosses 2020-12-31 00837631 2021-01-01 2021-12-31 00837631 bus:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31 00837631 bus:AuditExemptWithAccountantsReport 2021-01-01 2021-12-31 00837631 bus:Director40 2021-01-01 2021-12-31 00837631 1 2021-01-01 2021-12-31 00837631 2 2021-01-01 2021-12-31 00837631 countries:England 2021-01-01 2021-12-31 00837631 bus:FRS102 2021-01-01 2021-12-31 00837631 bus:FullAccounts 2021-01-01 2021-12-31 00837631 2021-12-31 00837631 core:WithinOneYear 2021-12-31 00837631 core:AfterOneYear 2021-12-31 00837631 core:ShareCapital 2021-12-31 00837631 core:RetainedEarningsAccumulatedLosses 2021-12-31 00837631 2020-12-31 iso4217:GBP xbrli:pure