Company registration number 14836524 (England and Wales)
AVENU AGENCY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023
AVENU AGENCY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
AVENU AGENCY LIMITED
BALANCE SHEET
AS AT 31 DECEMBER 2023
31 December 2023
- 1 -
2023
Notes
£
£
Current assets
Debtors
3
789
Cash at bank and in hand
73
862
Creditors: amounts falling due within one year
4
(2,748)
Net current liabilities
(1,886)
Capital and reserves
Called up share capital
100
Profit and loss reserves
(1,986)
Total equity
(1,886)
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial period ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 13 August 2024 and are signed on its behalf by:
J Rawsthorne
Director
Company registration number 14836524 (England and Wales)
AVENU AGENCY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023
- 2 -
1
Accounting policies
Company information
Avenu Agency Limited is a private company limited by shares incorporated in England and Wales. The registered office is Studio 18, Hilton Street, Manchester, M1 1FR.
1.1
Reporting period
The company has shortened its first year end to 31 December 2023 in order to be inline with other group entity year ends. Therefore any comparatives will not entirely be comparable.
1.2
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Cessation
These accounts are prepared to the date of cessation of trade. They are therefore prepared on a basis other then going concern.
1.3
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
1.4
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
2
Employees
The average monthly number of persons (including directors) employed by the company during the period was:
2023
Number
Total
2
AVENU AGENCY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2023
- 3 -
3
Debtors
2023
Amounts falling due within one year:
£
Other debtors
789
4
Creditors: amounts falling due within one year
2023
£
Trade creditors
263
Other creditors
2,485
2,748