AVALON LIMITED

Company Registration Number:
03204366 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

AVALON LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

AVALON LIMITED

Company Information

for the Period Ended 30 June 2023




Director: G Fearson-Wilson
Registered office: 23
Swanland Hill
North Ferriby
Hull
East Yorkshire
HU14 3JW
Company Registration Number: 03204366 (England and Wales)

AVALON LIMITED

Directors' Report Period Ended 30 June 2023

The directors present their report with the financial statements of the company for the period ended 30 June 2023

Directors

The directors shown below have held office during the whole of the period from 01 July 2022 to 30 June 2023
G Fearson-Wilson

This report was approved by the board of directors on 11 March 2024
And Signed On Behalf Of The Board By:

Name: G Fearson-Wilson
Status: Director

AVALON LIMITED

Profit and Loss Account

for the Period Ended 30 June 2023


Notes

2023
£

2022
£
Gross Profit or (Loss) 33,180 27,090
Distribution Costs ( 2,297 ) ( 2,169 )
Administrative Expenses ( 1,440 ) ( 1,553 )
Operating Profit or (Loss) 29,443 23,368
Interest Payable and Similar Charges ( 57 ) ( 57 )
Profit or (Loss) Before Tax 29,386 23,311
Tax on Profit ( 5,584 ) ( 4,429 )
Profit or (Loss) for Period 23,802 18,882

The notes form part of these financial statements

AVALON LIMITED

Balance sheet

As at 30 June 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 77,996 78,001
Total fixed assets: 77,996 78,001
Current assets
Debtors: 1,500 1,500
Cash at bank and in hand: 155,292 130,333
Total current assets: 156,792 131,833
Creditors: amounts falling due within one year: ( 10,589 ) ( 9,437 )
Net current assets (liabilities): 146,203 122,396
Total assets less current liabilities: 224,199 200,397
Total net assets (liabilities): 224,199 200,397

The notes form part of these financial statements

AVALON LIMITED

Balance sheet continued

As at 30 June 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 224,197 200,395
Shareholders funds: 224,199 200,397

For the year ending 30 June 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 11 March 2024
And Signed On Behalf Of The Board By:

Name: G Fearson-Wilson
Status: Director

The notes form part of these financial statements

AVALON LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

AVALON LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

AVALON LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 3. Off balance sheet disclosure

    No

AVALON LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Tangible Assets

Total
Cost £
At 01 July 2022 85,824
Additions -
Disposals -
Revaluations -
Transfers -
At 30 June 2023 85,824
Depreciation
At 01 July 2022 7,823
Charge for year 5
On disposals -
Other adjustments -
At 30 June 2023 7,828
Net book value
At 30 June 2023 77,996
At 30 June 2022 78,001