Company Registration No. SC644051 (Scotland)
Avon Park Apartments Ltd
Unaudited accounts
for the year ended 31 October 2023
Avon Park Apartments Ltd
Unaudited accounts
Contents
Avon Park Apartments Ltd
Company Information
for the year ended 31 October 2023
Directors
D Perella
Mrs J Perella
Company Number
SC644051 (Scotland)
Registered Office
Blackrock House Ltd
2-8 Millar Crescent
Edinburgh
Midlothian
EH10 5HW
Scotland
Accountants
AGL Tax Solutions LLP
2A Station Yard
Haddington
East Lothian
EH41 3PP
Avon Park Apartments Ltd
Statement of financial position
as at 31 October 2023
Cash at bank and in hand
37
56
Creditors: amounts falling due within one year
(479,509)
(478,909)
Net current assets
298,658
299,277
Net assets
298,658
299,277
Called up share capital
2
2
Profit and loss account
298,656
299,275
Shareholders' funds
298,658
299,277
For the year ending 31 October 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 1 April 2024 and were signed on its behalf by
D Perella
Director
Company Registration No. SC644051
Avon Park Apartments Ltd
Notes to the Accounts
for the year ended 31 October 2023
Avon Park Apartments Ltd is a private company, limited by shares, registered in Scotland, registration number SC644051. The registered office is Blackrock House Ltd, 2-8 Millar Crescent , Edinburgh, Midlothian, EH10 5HW, Scotland.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The accounts are presented in £ sterling.
Amounts falling due within one year
Other debtors
778,130
778,130
5
Creditors: amounts falling due within one year
2023
2022
Trade creditors
275,797
276,997
Taxes and social security
32,177
67,177
Other creditors
167,335
134,735
Loans from directors
3,600
-
Avon Park Apartments Ltd
Notes to the Accounts
for the year ended 31 October 2023
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).