Company Registration No. 13683447 (England and Wales)
AVD LETTINGS RESIDENTIAL LIMITED
Unaudited accounts
for the year ended 31 October 2023
AVD LETTINGS RESIDENTIAL LIMITED
Unaudited accounts
Contents
AVD LETTINGS RESIDENTIAL LIMITED
Company Information
for the year ended 31 October 2023
Directors
Mrs E Abelite
Ms K Grietena
Mr P Hrano
Mr Mindaugas Zubrickas
AVD Lettings Limited
Company Number
13683447 (England and Wales)
Registered Office
27 Woodheys Park
Kingswood
Hull
HU7 3AN
Accountants
Kendall Accountancy Services Limited
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
AVD LETTINGS RESIDENTIAL LIMITED
Statement of financial position
as at 31 October 2023
Cash at bank and in hand
89,938
460
Creditors: amounts falling due within one year
(112,182)
(3,996)
Net current liabilities
(22,244)
(1,006)
Total assets less current liabilities
89,897
(1,006)
Creditors: amounts falling due after more than one year
(89,854)
-
Net assets/(liabilities)
43
(1,006)
Called up share capital
100
100
Profit and loss account
(57)
(1,106)
Shareholders' funds
43
(1,006)
For the year ending 31 October 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 directors acknowledge their 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 of Directors and authorised for issue on 8 February 2024 and were signed on its behalf by
Mr Mindaugas Zubrickas
Director
Company Registration No. 13683447
AVD LETTINGS RESIDENTIAL LIMITED
Notes to the Accounts
for the year ended 31 October 2023
AVD LETTINGS RESIDENTIAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13683447. The registered office is 27 Woodheys Park, Kingswood, Hull, HU7 3AN.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
At 31 October 2023
112,141
At 31 October 2023
112,141
AVD LETTINGS RESIDENTIAL LIMITED
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Amounts due from group undertakings etc.
-
2,530
6
Creditors: amounts falling due within one year
2023
2022
Amounts owed to group undertakings and other participating interests
99,234
3,996
Taxes and social security
897
-
Loans from directors
2,383
-
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Transactions with related parties
As at 31st October 2023 the company owed EEM Properties Limited £112,697. This sum is interest free and repayable on demand.
As at 31st October 2023 AVD Lettings Ltd owed the company £13,463. This sum is interest free and repayable on demand.
10
Average number of employees
During the year the average number of employees was 5 (2022: 5).