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REGISTERED NUMBER: 11602925 (England and Wales)














Unaudited Financial Statements

for the Period 31 October 2021 to 29 October 2022

for

Alvis Avenue Properties Limited

Alvis Avenue Properties Limited (Registered number: 11602925)






Contents of the Financial Statements
for the Period 31 October 2021 to 29 October 2022




Page

Balance Sheet 1

Notes to the Financial Statements 3


Alvis Avenue Properties Limited (Registered number: 11602925)

Balance Sheet
29 October 2022

2022 2021
Notes £    £   
CURRENT ASSETS
Stocks 261,468 213,096
Debtors 4 10,120 9,900
Cash at bank 4 482
271,592 223,478
CREDITORS
Amounts falling due within one year 5 151,346 204,729
NET CURRENT ASSETS 120,246 18,749
TOTAL ASSETS LESS CURRENT LIABILITIES 120,246 18,749

CREDITORS
Amounts falling due after more than one year 6 145,450 37,500
NET LIABILITIES (25,204 ) (18,751 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (25,304 ) (18,851 )
(25,204 ) (18,751 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 October 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 October 2022 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.

Alvis Avenue Properties Limited (Registered number: 11602925)

Balance Sheet - continued
29 October 2022


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 October 2023 and were signed on its behalf by:





Mr T Birkett - Director


Alvis Avenue Properties Limited (Registered number: 11602925)

Notes to the Financial Statements
for the Period 31 October 2021 to 29 October 2022

1. STATUTORY INFORMATION

Alvis Avenue Properties Limited 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: 11602925

Registered office: Ebenezer House
Ryecroft
Newcastle-Under-Lyme
Staffordshire
ST5 2BE

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The financial statements have been prepared on a going concern basis notwithstanding the deficit in net assets. The main creditor of the company is Mrs R Birkett, wife of one of the directors, to whom £118,115 is owed (2021 - £NIL). The directors are satisfied that the shareholders are prepared to continue to support the development of the company for the next 12 months.

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

Revenue is recognised as the company becomes entitled to consideration for the goods and services supplied. Therefore, turnover also includes an element of work completed but not yet invoiced.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


Alvis Avenue Properties Limited (Registered number: 11602925)

Notes to the Financial Statements - continued
for the Period 31 October 2021 to 29 October 2022

2. ACCOUNTING POLICIES - continued
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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2021 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors 10,120 9,900

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 10,000 128,115
Trade creditors 3,797 5,369
Other creditors 137,549 71,245
151,346 204,729

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£    £   
Bank loans 29,275 37,500
Other creditors 116,175 -
145,450 37,500