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REGISTERED NUMBER: 01742874 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

Avis Insurance Services Limited

Avis Insurance Services Limited (Registered number: 01742874)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Avis Insurance Services Limited

Company Information
for the Year Ended 31 August 2023







DIRECTORS: A G Jewitt
C G Selby
M Selby





SECRETARY: Two Rivers Accounting Services Limited





REGISTERED OFFICE: 7 Lake End Court
Taplow Road
Taplow
Maidenhead
Berkshire
SL6 0JQ





REGISTERED NUMBER: 01742874 (England and Wales)





ACCOUNTANTS: Two Rivers Accountancy
38 Eton Wick Road
Eton Wick
Windsor
Berkshire
SL4 6JL

Avis Insurance Services Limited (Registered number: 01742874)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24,021 28,868

CURRENT ASSETS
Debtors 5 667,495 586,237
Cash at bank and in hand 709,653 781,106
1,377,148 1,367,343
CREDITORS
Amounts falling due within one year 6 1,076,932 907,243
NET CURRENT ASSETS 300,216 460,100
TOTAL ASSETS LESS CURRENT
LIABILITIES

324,237

488,968

PROVISIONS FOR LIABILITIES 4,784 4,814
NET ASSETS 319,453 484,154

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 318,453 483,154
SHAREHOLDERS' FUNDS 319,453 484,154

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

Avis Insurance Services Limited (Registered number: 01742874)

Balance Sheet - continued
31 August 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 October 2023 and were signed on its behalf by:





A G Jewitt - Director


Avis Insurance Services Limited (Registered number: 01742874)

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

1. STATUTORY INFORMATION

Avis Insurance Services 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. 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 each asset over its estimated useful life.
Plant and machinery etc - 15% on reducing balance and 10% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Avis Insurance Services Limited (Registered number: 01742874)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2022
and 31 August 2023 145,917
DEPRECIATION
At 1 September 2022 117,049
Charge for year 4,847
At 31 August 2023 121,896
NET BOOK VALUE
At 31 August 2023 24,021
At 31 August 2022 28,868

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade debtors 660,896 580,015
Other debtors 6,599 6,222
667,495 586,237

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade creditors 825,639 682,003
Taxation and social security 249,576 223,273
Other creditors 1,717 1,967
1,076,932 907,243

7. ULTIMATE CONTROLLING PARTY

The controlling party is A G Jewitt.