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Company Registration No. 11116914 (England and Wales)
The Avenue Maidstone Limited Unaudited accounts for the year ended 31 December 2023
The Avenue Maidstone Limited Unaudited accounts Contents
Page
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The Avenue Maidstone Limited Company Information for the year ended 31 December 2023
Director
Bulent Turgut
Company Number
11116914 (England and Wales)
Registered Office
95A WEEK STREET MAIDSTONE KENT ME14 1QX UNITED KINGDOM
Accountants
Stoke Newington Accountants & Tax Consultants Ltd 4 Baird Road Enfield Middlesex EN1 1SJ
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The Avenue Maidstone Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
24,962 
20,808 
Current assets
Inventories
- 
8,125 
Debtors
262,013 
47,901 
Cash at bank and in hand
7,630 
140,389 
269,643 
196,415 
Creditors: amounts falling due within one year
(274,700)
(192,327)
Net current (liabilities)/assets
(5,057)
4,088 
Total assets less current liabilities
19,905 
24,896 
Creditors: amounts falling due after more than one year
(15,026)
(23,900)
Net assets
4,879 
996 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
4,779 
896 
Shareholders' funds
4,879 
996 
For the year ending 31 December 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 10 March 2024 and were signed on its behalf by
Bulent Turgut Director Company Registration No. 11116914
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The Avenue Maidstone Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
The Avenue Maidstone Limited is a private company, limited by shares, registered in England and Wales, registration number 11116914. The registered office is 95A WEEK STREET, MAIDSTONE, KENT, ME14 1QX, UNITED KINGDOM.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
16,450 
7,317 
23,767 
Additions
- 
5,656 
5,656 
At 31 December 2023
16,450 
12,973 
29,423 
Depreciation
At 1 January 2023
- 
2,959 
2,959 
Charge for the year
- 
1,502 
1,502 
At 31 December 2023
- 
4,461 
4,461 
Net book value
At 31 December 2023
16,450 
8,512 
24,962 
At 31 December 2022
16,450 
4,358 
20,808 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
47,901 
Amounts falling due after more than one year
Other debtors
262,013 
- 
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The Avenue Maidstone Limited Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,648 
10,648 
VAT
194,318 
124,918 
Trade creditors
2 
2,395 
Taxes and social security
36,234 
51,044 
Loans from directors
21,498 
- 
Accruals
12,000 
3,322 
274,700 
192,327 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
15,026 
23,900 
8
Transactions with related parties
At the balance sheet date, where the director has controlling interest, the company owed the director £21,498. Included within other debtors in an amount of £262,013 due from a connected company, all under common control.
9
Controlling party
The company's ultimate controlling party is Bulent Turgut by virtue of his ownership of 100% of the issued share capital in the company.
10
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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