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
THE AVERMENT GROUP LIMITED
Company Information
for the year ended 31 March 2022
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
THE AVERMENT GROUP LIMITED
Statement of financial position
as at 31 March 2022
Tangible assets
3,535
4,714
Cash at bank and in hand
9,232
5,894
Creditors: amounts falling due within one year
(4,681)
(2,864)
Net current assets
16,385
10,790
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
THE AVERMENT GROUP LIMITED
Notes to the Accounts
for the year ended 31 March 2022
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
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.
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.
THE AVERMENT GROUP LIMITED
Notes to the Accounts
for the year ended 31 March 2022
4
Tangible fixed assets
Plant & machinery
5
Debtors: amounts falling due within one year
2022
2021
Trade debtors
11,510
6,000
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
3,189
2,143
Loans from directors
292
121
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
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).