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REGISTERED NUMBER: 12104694 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

AVON ESTATES (EUROPE) LIMITED

AVON ESTATES (EUROPE) LIMITED (REGISTERED NUMBER: 12104694)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 July 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


AVON ESTATES (EUROPE) LIMITED

COMPANY INFORMATION
for the year ended 31 July 2023







DIRECTORS: Mr P M Moskovitz
Mrs E Moskovitz





REGISTERED OFFICE: 19-20 Bourne Court
Southend Road
Woodford Green
United Kingdom
Essex
IG8 8HD





REGISTERED NUMBER: 12104694 (England and Wales)





ACCOUNTANTS: Raffingers LLP
Chartered Certified Accountants
19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD

AVON ESTATES (EUROPE) LIMITED (REGISTERED NUMBER: 12104694)

ABRIDGED BALANCE SHEET
31 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 42,890 -

CURRENT ASSETS
Debtors 387,083 1,086
Cash at bank and in hand 6,237 141,171
393,320 142,257
CREDITORS
Amounts falling due within one year 307,978 61,768
NET CURRENT ASSETS 85,342 80,489
TOTAL ASSETS LESS CURRENT
LIABILITIES

128,232

80,489

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 128,230 80,487
SHAREHOLDERS' FUNDS 128,232 80,489

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

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

AVON ESTATES (EUROPE) LIMITED (REGISTERED NUMBER: 12104694)

ABRIDGED BALANCE SHEET - continued
31 July 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 July 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 8 April 2024 and were signed on its behalf by:





Mr P M Moskovitz - Director


AVON ESTATES (EUROPE) LIMITED (REGISTERED NUMBER: 12104694)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 July 2023

1. STATUTORY INFORMATION

Avon Estates (Europe) 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.

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.

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

Investment property
Investment properties are properties held to earn rentals and for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

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.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

3. EMPLOYEES AND DIRECTORS

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

AVON ESTATES (EUROPE) LIMITED (REGISTERED NUMBER: 12104694)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2023

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 42,890
At 31 July 2023 42,890
NET BOOK VALUE
At 31 July 2023 42,890

Investment property was valued on an open market basis on 31st July 2023 by the directors.

5. RELATED PARTY DISCLOSURES

Included in other debtors are amounts of £386,083 (2022: £86) due from companies in which the directors of this company, are the directors.

Included in other creditors are amounts of £140,500 (2022: Nil) due to companies in which the directors of this company, are the directors.

At the balance sheet date, the company owed £145,859 (2022: £35,589) to the directors.