Company Registration No. 04965551 (England and Wales)
Install AV Limited
Unaudited accounts
for the year ended 30 November 2023
Install AV Limited
Unaudited accounts
Contents
Install AV Limited
Company Information
for the year ended 30 November 2023
Directors
Wayne Clarke
Rachel Clarke
Company Number
04965551 (England and Wales)
Registered Office
22 Eardley Road
Upper Belvedere
Kent
DA17 6HA
Accountants
Micro Filer Ltd
International House
64 Nile Street
London
N1 7SR
Install AV Limited
Statement of financial position
as at 30 November 2023
Tangible assets
25,115
40,782
Cash at bank and in hand
73,561
57,517
Creditors: amounts falling due within one year
(138,536)
(179,103)
Net current assets
63,378
28,553
Total assets less current liabilities
88,493
69,335
Creditors: amounts falling due after more than one year
(25,000)
(33,391)
Provisions for liabilities
Other provisions
(161)
(161)
Called up share capital
2
2
Profit and loss account
63,330
35,781
Shareholders' funds
63,332
35,783
For the year ending 30 November 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 6 August 2024 and were signed on its behalf by
Wayne Clarke
Director
Company Registration No. 04965551
Install AV Limited
Notes to the Accounts
for the year ended 30 November 2023
Install AV Limited is a private company, limited by shares, registered in England and Wales, registration number 04965551. The registered office is 22 Eardley Road , Upper Belvedere, Kent, DA17 6HA.
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.
These financial statements for the year ended 30 November 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2022
17,105
46,509
63,614
Disposals
-
(6,246)
(6,246)
At 30 November 2023
17,105
40,263
57,368
At 1 December 2022
16,066
6,766
22,832
Charge for the year
396
10,066
10,462
On disposals
-
(1,041)
(1,041)
At 30 November 2023
16,462
15,791
32,253
At 30 November 2023
643
24,472
25,115
At 30 November 2022
1,039
39,743
40,782
Install AV Limited
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Trade debtors
119,469
137,465
Other debtors
8,884
12,674
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
31,543
81,786
Trade creditors
60,327
73,495
Taxes and social security
(19,231)
(23,693)
Loans from directors
58,131
48,269
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 6 (2022: 3).