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Company Registration No. 09471955 (England and Wales)
THE AVERMENT GROUP LIMITED Unaudited accounts for the year ended 31 March 2022
THE AVERMENT GROUP LIMITED Unaudited accounts Contents
Page
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THE AVERMENT GROUP LIMITED Company Information for the year ended 31 March 2022
Director
Dr. R. Horan
Company Number
09471955 (England and Wales)
Registered Office
C/O Townley & Co Ltd 67 Bewsey Street Warrington Cheshire WA2 7JQ United Kingdom
Accountants
Townley & Co Ltd Warrington Business Centre 67 Bewsey Street Warrington WA2 7JQ
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THE AVERMENT GROUP LIMITED Statement of financial position as at 31 March 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,535 
4,714 
Current assets
Debtors
11,834 
7,760 
Cash at bank and in hand
9,232 
5,894 
21,066 
13,654 
Creditors: amounts falling due within one year
(4,681)
(2,864)
Net current assets
16,385 
10,790 
Net assets
19,920 
15,504 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
19,919 
15,503 
Shareholders' funds
19,920 
15,504 
For the year ending 31 March 2022 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 her 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 12 September 2022 and were signed on its behalf by
Dr. R. Horan Director Company Registration No. 09471955
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THE AVERMENT GROUP LIMITED Notes to the Accounts for the year ended 31 March 2022
1
Statutory information
THE AVERMENT GROUP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09471955. The registered office is C/O Townley & Co Ltd, 67 Bewsey Street, Warrington, Cheshire, WA2 7JQ, United Kingdom.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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THE AVERMENT GROUP LIMITED Notes to the Accounts for the year ended 31 March 2022
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2021
8,756 
At 31 March 2022
8,756 
Depreciation
At 1 April 2021
4,042 
Charge for the year
1,179 
At 31 March 2022
5,221 
Net book value
At 31 March 2022
3,535 
At 31 March 2021
4,714 
5
Debtors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade debtors
11,510 
6,000 
Other debtors
324 
1,760 
11,834 
7,760 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Taxes and social security
3,189 
2,143 
Loans from directors
292 
121 
Accruals
1,200 
600 
4,681 
2,864 
7
Share capital
2022 
2021 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Controlling party
The company is under the control of Dr. R. Horan by virtue of her shareholding and directorship.
9
Average number of employees
During the year the average number of employees was 1 (2021: 1).
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