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REGISTERED NUMBER: 09402148 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

AVM Designs Ltd

AVM Designs Ltd (Registered number: 09402148)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Balance Sheet 1

Notes to the Financial Statements 3


AVM Designs Ltd (Registered number: 09402148)

Balance Sheet
31 January 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 4 1,449 2,867

Current assets
Cash at bank 92,312 93,496

Creditors
Amounts falling due within one year 5 16,206 11,266
Net current assets 76,106 82,230
Total assets less current liabilities 77,555 85,097

Creditors
Amounts falling due after more than
one year

6

19,957

27,067
Net assets 57,598 58,030

Capital and reserves
Called up share capital 1 1
Retained earnings 57,597 58,029
Shareholders' funds 57,598 58,030

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

AVM Designs Ltd (Registered number: 09402148)

Balance Sheet - continued
31 January 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 October 2023 and were signed by:





A L Van Mol - Director


AVM Designs Ltd (Registered number: 09402148)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. Statutory information

AVM Designs Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09402148

Registered office: Pound House
62a Highgate High Street
London
N6 5HX

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 20% on cost
Computer equipment - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

3. Employees and directors

The average number of employees during the year was 1 (2022 - 1 ) .

AVM Designs Ltd (Registered number: 09402148)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

4. Tangible fixed assets
Plant and Computer
machinery equipment Totals
£    £    £   
Cost
At 1 February 2022 22,737 307 23,044
Additions - 1,250 1,250
At 31 January 2023 22,737 1,557 24,294
Depreciation
At 1 February 2022 20,054 123 20,177
Charge for year 2,503 165 2,668
At 31 January 2023 22,557 288 22,845
Net book value
At 31 January 2023 180 1,269 1,449
At 31 January 2022 2,683 184 2,867

5. Creditors: amounts falling due within one year
2023 2022
£    £   
Bank loans and overdrafts (see note 7) 7,912 8,520
Corporation Tax 6,467 50
Social security and other taxes 102 -
VAT 75 1,046
Other creditors 1,650 1,650
16,206 11,266

6. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Bank loans (see note 7) 19,957 27,067

7. Loans

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank loans 7,912 8,520

AVM Designs Ltd (Registered number: 09402148)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

7. Loans - continued
2023 2022
£    £   
Amounts falling due between one and two years:
Bank loans 8,112 8,520

Amounts falling due between two and five years:
Bank loans 11,845 18,547

8. Ultimate controlling party

The ultimate controlling party is A L Van Mol.