Caseware UK (AP4) 2022.0.179 2022.0.179 2023-07-312023-07-31No description of principal activitytrue2022-08-01false11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10280001 2022-08-01 2023-07-31 10280001 2021-08-01 2022-07-31 10280001 2023-07-31 10280001 2022-07-31 10280001 c:Director1 2022-08-01 2023-07-31 10280001 d:Non-currentFinancialInstruments d:UnlistedNon-exchangeTraded 2023-07-31 10280001 d:Non-currentFinancialInstruments d:UnlistedNon-exchangeTraded 2022-07-31 10280001 d:CurrentFinancialInstruments 2023-07-31 10280001 d:CurrentFinancialInstruments 2022-07-31 10280001 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 10280001 d:CurrentFinancialInstruments d:WithinOneYear 2022-07-31 10280001 d:ShareCapital 2023-07-31 10280001 d:ShareCapital 2022-07-31 10280001 d:SharePremium 2023-07-31 10280001 d:SharePremium 2022-07-31 10280001 d:RetainedEarningsAccumulatedLosses 2023-07-31 10280001 d:RetainedEarningsAccumulatedLosses 2022-07-31 10280001 c:FRS102 2022-08-01 2023-07-31 10280001 c:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 10280001 c:FullAccounts 2022-08-01 2023-07-31 10280001 c:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 10280001 2 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure

Registered number: 10280001









AVINGTON INVESTMENTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

 
AVINGTON INVESTMENTS LIMITED
REGISTERED NUMBER: 10280001

BALANCE SHEET
AS AT 31 JULY 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
4,659,080
4,659,080

  
4,659,080
4,659,080

Current assets
  

Bank and cash balances
  
132,647
122,243

  
132,647
122,243

Creditors: amounts falling due within one year
 5 
(15,820)
(8,879)

Net current assets
  
 
 
116,827
 
 
113,364

  

Net assets
  
4,775,907
4,772,444


Capital and reserves
  

Called up share capital 
  
3
3

Share premium account
  
4,635,898
4,635,898

Retained earnings
  
140,006
136,543

Shareholders' funds
  
4,775,907
4,772,444


Page 1

 
AVINGTON INVESTMENTS LIMITED
REGISTERED NUMBER: 10280001
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements 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 Company has opted not to file the Statement of Income and Retained Earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




P J J Czernin
Director

Date: 30 January 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
AVINGTON INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1.


General information

Avington Investments Limited is a private company, limited by shares, domiciled and incorporated in England and Wales (registered number: 10280001). The registered office address is 45 Gresham Street, London, United Kingdom, EC2V 7BG.
The Company's functional and presentational currency is GBP.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on a going concern basis.
The directors have made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast doubt on the Company's ability to continue as a going concern.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
AVINGTON INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

2.Accounting policies (continued)

 
2.4

Financial instruments

Financial assets and financial liabilities are recognised in the Balance Sheet when the Company becomes a party to the contractual provisions of the instrument. 
Investments in unlisted company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.
Trade and other debtors and creditors are classified as basic financial instruments and measured on initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the Company will not be able to collect all amounts due.
Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank, short-term bank deposits with an original maturity of three months or less and bank overdrafts which are an integral part of the Company’s cash management.
Financial liabilities and equity instruments issued by the Company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities. Equity instruments issued by the Company are recorded at the proceeds received, net of direct issue costs.

 
2.5

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 -1).


4.


Fixed asset investments





Unlisted investments

£



Cost


At 1 August 2022
4,659,080



At 31 July 2023
4,659,080




Page 4

 
AVINGTON INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
6,052
3,599

Accruals and deferred income
9,768
5,280

15,820
8,879



6.


Controlling party

The director does not consider there to be an ultimate controlling party.

 
Page 5