1 June 2022 false No description of principal activity Taxfiler 2023.14 12020747business:PrivateLimitedCompanyLtd2022-06-012023-05-31 120207472022-05-31 120207472022-06-012023-05-31 12020747business:AuditExempt-NoAccountantsReport2022-06-012023-05-31 12020747business:FilletedAccounts2022-06-012023-05-31 120207472023-05-31 12020747business:Director12022-06-012023-05-31 12020747business:RegisteredOffice2022-06-012023-05-31 120207472022-05-31 12020747core:WithinOneYear2023-05-31 12020747core:WithinOneYear2022-05-31 12020747core:AfterOneYear2023-05-31 12020747core:AfterOneYear2022-05-31 12020747core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 12020747core:ShareCapitalcore:PreviouslyStatedAmount2022-05-31 12020747core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 12020747core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-05-31 12020747core:PreviouslyStatedAmount2023-05-31 12020747core:PreviouslyStatedAmount2022-05-31 12020747business:SmallEntities2022-06-012023-05-31 12020747countries:EnglandWales2022-06-012023-05-31 12020747core:LandBuildings2022-05-31 12020747core:LandBuildings2022-06-012023-05-31 12020747core:LandBuildings2023-05-31 120207472021-06-012022-05-31 iso4217:GBP xbrli:pure
Company Registration No. 12020747 (England and Wales)
AVANZA PROPERTIES LIMITED Unaudited accounts for the year ended 31 May 2023
AVANZA PROPERTIES LIMITED Unaudited accounts Contents
Page
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AVANZA PROPERTIES LIMITED Company Information for the year ended 31 May 2023
Director
Avanus Hong
Company Number
12020747 (England and Wales)
Registered Office
FLAT 7, WOODLANDS COURT 18 DASHWOOD ROAD GRAVESEND KENT DA11 7DA ENGLAND
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
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AVANZA PROPERTIES LIMITED Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
459,766 
350,574 
Current assets
Cash at bank and in hand
1,560 
1,366 
Creditors: amounts falling due within one year
(300)
(256)
Net current assets
1,260 
1,110 
Total assets less current liabilities
461,026 
351,684 
Creditors: amounts falling due after more than one year
(575,937)
(476,649)
Net liabilities
(114,911)
(124,965)
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
(114,921)
(124,975)
Shareholders' funds
(114,911)
(124,965)
For the year ending 31 May 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 director acknowledges his 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 and authorised for issue on 19 February 2024 and were signed on its behalf by
Avanus Hong Director Company Registration No. 12020747
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AVANZA PROPERTIES LIMITED Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
AVANZA PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12020747. The registered office is FLAT 7, WOODLANDS COURT, 18 DASHWOOD ROAD, GRAVESEND, KENT, DA11 7DA, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents rental income from property
Tangible fixed assets and depreciation
Tangible assets are included at cost.
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 June 2022
350,574 
Additions
109,192 
At 31 May 2023
459,766 
Depreciation
At 31 May 2023
- 
Net book value
At 31 May 2023
459,766 
At 31 May 2022
350,574 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Accruals
300 
256 
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AVANZA PROPERTIES LIMITED Notes to the Accounts for the year ended 31 May 2023
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
526,978 
294,709 
Loans from directors
48,959 
181,940 
575,937 
476,649 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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