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REGISTERED NUMBER: 08350219 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 JANUARY 2023

FOR

AVEAS PARTNERS LIMITED

AVEAS PARTNERS LIMITED (REGISTERED NUMBER: 08350219)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


AVEAS PARTNERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTORS: Mr S Warwood
Mr J Stewart
Mr D P J Tibble





SECRETARIES: Mrs A Tibble
Mrs S Warwood
Mrs S Stewart





REGISTERED OFFICE: 4th Floor
Henry Thomas House
5-11 Worship Street
London
London
EC2A 2BH





REGISTERED NUMBER: 08350219 (England and Wales)





ACCOUNTANTS: JSA Services Limited
4th Floor
Radius House
51 Clarendon Road
Watford
Hertfordshire
WD17 1HP

AVEAS PARTNERS LIMITED (REGISTERED NUMBER: 08350219)

ABRIDGED BALANCE SHEET
31 JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 7,490 12,107

CURRENT ASSETS
Debtors 818,605 1,105,992
Investments 348,276 148,585
Cash at bank 1,210,466 576,807
2,377,347 1,831,384
CREDITORS
Amounts falling due within one year 450,469 368,105
NET CURRENT ASSETS 1,926,878 1,463,279
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,934,368

1,475,386

PROVISIONS FOR LIABILITIES 2,078 57
NET ASSETS 1,932,290 1,475,329

CAPITAL AND RESERVES
Called up share capital 7 30 30
Fair value reserve 8,859 243
Retained earnings 1,923,401 1,475,056
SHAREHOLDERS' FUNDS 1,932,290 1,475,329

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 directors acknowledge their 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.

AVEAS PARTNERS LIMITED (REGISTERED NUMBER: 08350219)

ABRIDGED 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 January 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 21 August 2023 and were signed on its behalf by:





Mr J Stewart - Director


AVEAS PARTNERS LIMITED (REGISTERED NUMBER: 08350219)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023


1. STATUTORY INFORMATION

AVEAS PARTNERS LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 each asset over its estimated useful life.
Bicycle - 25% on reducing balance
Fixtures and fittings - 33% on cost
Computer equipment - 50% on cost

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2022 - 21 ) .

AVEAS PARTNERS LIMITED (REGISTERED NUMBER: 08350219)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023


5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2022 103,641
Additions 14,777
Disposals (4,125 )
At 31 January 2023 114,293
DEPRECIATION
At 1 February 2022 91,534
Charge for year 16,300
Eliminated on disposal (1,031 )
At 31 January 2023 106,803
NET BOOK VALUE
At 31 January 2023 7,490
At 31 January 2022 12,107

6. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year - 115,682
Between one and five years - 163,883
- 279,565

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
30 Ordinary £ 1 30 30

AVEAS PARTNERS LIMITED (REGISTERED NUMBER: 08350219)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023


8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2023 and 31 January 2022:

2023 2022
£    £   
Mr S Warwood
Balance outstanding at start of year (1,937 ) (47 )
Amounts advanced 459,616 18,387
Amounts repaid (309,500 ) (20,277 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 148,179 (1,937 )

Mr J Stewart
Balance outstanding at start of year (18,903 ) (1,223 )
Amounts advanced 269,349 19,182
Amounts repaid (250,200 ) (36,862 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 246 (18,903 )

Mr D P J Tibble
Balance outstanding at start of year (111 ) (781 )
Amounts advanced 403,496 26,992
Amounts repaid (398,450 ) (26,322 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,935 (111 )