IRIS Accounts Production v24.1.4.33 06329727 director 1.1.23 31.12.23 31.12.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh063297272022-12-31063297272023-12-31063297272023-01-012023-12-31063297272021-12-31063297272022-01-012022-12-31063297272022-12-3106329727ns15:EnglandWales2023-01-012023-12-3106329727ns14:PoundSterling2023-01-012023-12-3106329727ns10:Director12023-01-012023-12-3106329727ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3106329727ns10:SmallEntities2023-01-012023-12-3106329727ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3106329727ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3106329727ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3106329727ns10:FullAccounts2023-01-012023-12-310632972712023-01-012023-12-3106329727ns10:RegisteredOffice2023-01-012023-12-3106329727ns5:CurrentFinancialInstruments2023-12-3106329727ns5:CurrentFinancialInstruments2022-12-3106329727ns5:Non-currentFinancialInstruments2023-12-3106329727ns5:Non-currentFinancialInstruments2022-12-3106329727ns5:ShareCapital2023-12-3106329727ns5:ShareCapital2022-12-3106329727ns5:RetainedEarningsAccumulatedLosses2023-12-3106329727ns5:RetainedEarningsAccumulatedLosses2022-12-3106329727ns5:NetGoodwill2023-01-012023-12-3106329727ns5:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3106329727ns5:LandBuildings2023-01-012023-12-3106329727ns5:PlantMachinery2023-01-012023-12-3106329727ns5:NetGoodwill2022-12-3106329727ns5:NetGoodwill2023-12-3106329727ns5:NetGoodwill2022-12-3106329727ns5:LandBuildings2022-12-3106329727ns5:PlantMachinery2022-12-3106329727ns5:LandBuildings2023-12-3106329727ns5:PlantMachinery2023-12-3106329727ns5:LandBuildings2022-12-3106329727ns5:PlantMachinery2022-12-3106329727ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3106329727ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31063297271ns10:Director12022-12-31063297271ns10:Director12021-12-31063297271ns10:Director12023-01-012023-12-31063297271ns10:Director12022-01-012022-12-31063297271ns10:Director12023-12-31063297271ns10:Director12022-12-31
REGISTERED NUMBER: 06329727 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

AVVSIM CARE LIMITED

AVVSIM CARE LIMITED (REGISTERED NUMBER: 06329727)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


AVVSIM CARE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: A Patel





REGISTERED OFFICE: 9 Churchill Court
58 Station Road
North Harrow
HA2 7SA





REGISTERED NUMBER: 06329727 (England and Wales)





ACCOUNTANTS: Chapmans
Chartered Accountants
9 Churchill Court
58 Station Road
North Harrow
HA2 7SA

AVVSIM CARE LIMITED (REGISTERED NUMBER: 06329727)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 192,500 262,500
Tangible assets 5 612,379 629,448
804,879 891,948

CURRENT ASSETS
Debtors 6 34,492 20,002
Cash at bank and in hand 237,025 243,063
271,517 263,065
CREDITORS
Amounts falling due within one year 7 56,405 126,707
NET CURRENT ASSETS 215,112 136,358
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,019,991

1,028,306

CREDITORS
Amounts falling due after more than one
year

8

610,524

585,605
NET ASSETS 409,467 442,701

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 409,367 442,601
SHAREHOLDERS' FUNDS 409,467 442,701

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

AVVSIM CARE LIMITED (REGISTERED NUMBER: 06329727)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 2023


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:





A Patel - Director


AVVSIM CARE LIMITED (REGISTERED NUMBER: 06329727)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Avvsim Care 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on reducing balance

Taxation
Taxation for the year 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

AVVSIM CARE LIMITED (REGISTERED NUMBER: 06329727)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2022 - 35 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 700,000
AMORTISATION
At 1 January 2023 437,500
Charge for year 70,000
At 31 December 2023 507,500
NET BOOK VALUE
At 31 December 2023 192,500
At 31 December 2022 262,500

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 628,517 142,754 771,271
DEPRECIATION
At 1 January 2023 41,064 100,759 141,823
Charge for year 6,570 10,499 17,069
At 31 December 2023 47,634 111,258 158,892
NET BOOK VALUE
At 31 December 2023 580,883 31,496 612,379
At 31 December 2022 587,453 41,995 629,448

AVVSIM CARE LIMITED (REGISTERED NUMBER: 06329727)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 25,675 20,002
Other debtors 8,817 -
34,492 20,002

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 83,190
Taxation and social security 52,900 34,437
Other creditors 3,505 9,080
56,405 126,707

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 610,524 585,605

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 585,626 384,385
Bounce back loan 24,898 34,841
610,524 419,226

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
A Patel
Balance outstanding at start of year (3,152 ) (10,276 )
Amounts advanced 11,969 63,644
Amounts repaid - (56,520 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,817 (3,152 )