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REGISTERED NUMBER: 11998388 (England and Wales)















Unaudited Financial Statements

for the Period 1 April 2022 to 30 September 2023

for

Avana Limited

Avana Limited (Registered number: 11998388)

Contents of the Financial Statements
for the Period 1 April 2022 to 30 September 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Avana Limited

Company Information
for the Period 1 April 2022 to 30 September 2023







DIRECTOR: Mrs Maya Patel





REGISTERED OFFICE: Office 1
21 Hatherton Street
Walsall
West Midlands
WS4 2LA





REGISTERED NUMBER: 11998388 (England and Wales)






Avana Limited (Registered number: 11998388)

Balance Sheet
30 September 2023

30.9.23 31.3.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,893,907 2,544,703

CURRENT ASSETS
Debtors 5 56,580 6,125
Cash at bank 15,045 8,289
71,625 14,414
CREDITORS
Amounts falling due within one year 6 (405,883 ) (566,312 )
NET CURRENT LIABILITIES (334,258 ) (551,898 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,559,649

1,992,805

CREDITORS
Amounts falling due after more than
one year

7

(1,196,428

)

(1,512,420

)
NET ASSETS 363,221 480,385

CAPITAL AND RESERVES
Called up share capital 624,290 624,290
Retained earnings (261,069 ) (143,905 )
SHAREHOLDERS' FUNDS 363,221 480,385

Avana Limited (Registered number: 11998388)

Balance Sheet - continued
30 September 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 July 2024 and were signed by:





Mrs Maya Patel - Director


Avana Limited (Registered number: 11998388)

Notes to the Financial Statements
for the Period 1 April 2022 to 30 September 2023


1. STATUTORY INFORMATION

Avana Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2022 - 2 ) .

Avana Limited (Registered number: 11998388)

Notes to the Financial Statements - continued
for the Period 1 April 2022 to 30 September 2023


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2022 2,537,277 11,163 2,548,440
Additions - 11,771 11,771
Disposals (655,000 ) - (655,000 )
At 30 September 2023 1,882,277 22,934 1,905,211
DEPRECIATION
At 1 April 2022 - 3,737 3,737
Charge for period - 7,567 7,567
At 30 September 2023 - 11,304 11,304
NET BOOK VALUE
At 30 September 2023 1,882,277 11,630 1,893,907
At 31 March 2022 2,537,277 7,426 2,544,703

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 31.3.22
£    £   
Trade debtors 1,133 -
Other debtors 55,447 6,125
56,580 6,125

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 31.3.22
£    £   
Bank loans and overdrafts 49,080 -
Trade creditors 25,883 34,631
Taxation and social security 4,757 -
Other creditors 326,163 531,681
405,883 566,312

Avana Limited (Registered number: 11998388)

Notes to the Financial Statements - continued
for the Period 1 April 2022 to 30 September 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.9.23 31.3.22
£    £   
Bank loans 437,531 486,611
Other creditors 758,897 1,025,809
1,196,428 1,512,420

8. RELATED PARTY DISCLOSURES

As at the year end the company was owed £54,907 (2022: £0) from Avana Healthcare Limited where Maya Patel is the director and shareholder.