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REGISTERED NUMBER: 05268585 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

AVON PREFABRICATED BUILDINGS LIMITED

AVON PREFABRICATED BUILDINGS LIMITED (REGISTERED NUMBER: 05268585)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

AVON PREFABRICATED BUILDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: R A Gardiner





SECRETARY: R A Gardiner





REGISTERED OFFICE: 367B Church Road
Frampton Cotterell
Bristol
BS36 2AQ





REGISTERED NUMBER: 05268585 (England and Wales)





ACCOUNTANTS: Keller & Co
367b Church Road
Frampton Cotterell
Bristol
BS36 2AQ

AVON PREFABRICATED BUILDINGS LIMITED (REGISTERED NUMBER: 05268585)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 53 71
Investment property 6 325,000 206,667
325,053 206,738

CURRENT ASSETS
Cash at bank 6,024 23,144

CREDITORS
Amounts falling due within one year 7 (5,812 ) (9,903 )
NET CURRENT ASSETS 212 13,241
TOTAL ASSETS LESS CURRENT
LIABILITIES

325,265

219,979

CREDITORS
Amounts falling due after more than one
year

8

-

(23,735

)

PROVISIONS FOR LIABILITIES (29,379 ) (6,895 )
NET ASSETS 295,886 189,349

CAPITAL AND RESERVES
Called up share capital 2 2
Fair value reserve 125,246 29,396
Retained earnings 170,638 159,951
SHAREHOLDERS' FUNDS 295,886 189,349

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

AVON PREFABRICATED BUILDINGS LIMITED (REGISTERED NUMBER: 05268585)

BALANCE SHEET - continued
31 MARCH 2024


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 5 August 2024 and were signed by:





R A Gardiner - Director


AVON PREFABRICATED BUILDINGS LIMITED (REGISTERED NUMBER: 05268585)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Avon Prefabricated Buildings 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 as modified by the revaluation of certain assets.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of three years.

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

Investment property
Investment properties are properties held to earn rentals and / or capital appreciation. Investment properties are initially measured at cost, including transaction costs.

Subsequently investment properties are measured at fair value. Investment property valuations are based on an open market value. Deferred tax is provided on these movements. Gains and losses arising from changes in the fair value of investment properties are included in the Profit and Loss Account in the period in which they arise.

Financial instruments
The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' loans.

Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest and subsequently at amotised cost using the effective interest method.

Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

Taxation
Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.

Tax deferred or accelerated is accounted for in respect of all material timing differences, in particular accelerated capital allowances and revaluation gains on investment properties. All deferred tax is charged / (credited) to the Profit and Loss Account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

AVON PREFABRICATED BUILDINGS LIMITED (REGISTERED NUMBER: 05268585)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 30,000
AMORTISATION
At 1 April 2023
and 31 March 2024 30,000
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 April 2023
and 31 March 2024 2,240
DEPRECIATION
At 1 April 2023 2,169
Charge for year 18
At 31 March 2024 2,187
NET BOOK VALUE
At 31 March 2024 53
At 31 March 2023 71

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 206,667
Revaluations 118,333
At 31 March 2024 325,000
NET BOOK VALUE
At 31 March 2024 325,000
At 31 March 2023 206,667

AVON PREFABRICATED BUILDINGS LIMITED (REGISTERED NUMBER: 05268585)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

6. INVESTMENT PROPERTY - continued

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2015 37,755
Valuation in 2022 (1,463 )
Valuation in 2024 118,333
Cost 170,375
325,000

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 170,375 170,375

Investment property was valued on an open market basis on 31 March 2015 by commercial property valuers .

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 4,976
Trade creditors - 228
Taxation and social security 3,552 2,941
Other creditors 2,260 1,758
5,812 9,903

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 23,735

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 19,588

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans - 28,711

Bank loan is secured on Unit 3, Vale Lane, Bedminster, Bristol.

AVON PREFABRICATED BUILDINGS LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
AVON PREFABRICATED BUILDINGS LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Keller & Co
367b Church Road
Frampton Cotterell
Bristol
BS36 2AQ


Date: .............................................