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Registered number: 12839344

Avro Properties Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024

Prepared By:
NB Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

Avro Properties Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
DIRECTORS
Mr D McCluskey
REGISTERED OFFICE
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 12839344
BANKERS
Starling Bank Limited
ACCOUNTANTS
NB Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

Avro Properties Limited

ACCOUNTS
FOR THEYEARENDED31/03/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Avro Properties Limited

BALANCE SHEET AT 31/03/2024
20242023
Notes££
FIXED ASSETS
Tangible assets167,164167,164
CURRENT ASSETS
Cash at bank and in hand36,87130,425
36,87130,425
CREDITORS: Amounts falling due within one year421,56628,902
NET CURRENT ASSETS15,3051,523
TOTAL ASSETS LESS CURRENT LIABILITIES182,469168,687
CREDITORS: Amounts falling due after more than one year5168,288159,308
NET ASSETS14,1819,379
CAPITAL AND RESERVES
Called up share capital722
Profit and loss account14,1799,377
SHAREHOLDERS' FUNDS14,1819,379
For the year ending 31/03/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 01/08/2024 and signed on their behalf by
.............................
Mr D McCluskey
Director

Avro Properties Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Investment Properties
Investment properties are included in the financial statements at fair value. No depreciation is provided on such property. Gains are recognised in the profit and loss account.
2. EMPLOYEES
20242023
No.No.
Average number of employees--
3. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 01/04/2023167,164167,164
At 31/03/2024167,164167,164
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax1,2292,200
Directors current account19,97726,342
Accruals360360
21,56628,902

Avro Properties Limited

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (secured) >1yr168,288159,308
168,288159,308
6. SECURED CREDITORS
20242023
££
Amount of bank loans and overdrafts which are secured168,288159,308
Bank loans are secured by way a charge over the investment properties.
7. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22
8. RELATED PARTY TRANSACTIONS
At the balance sheet date the company owed £19,978 (2023 - £26,342) to the director. The loan is interest free, unsecured and repayable on demand.
9. ADDITIONAL INFORMATION
The company is a private company, limited by shares and registered in England & Wales.
The company's registered number is 12839344.
The company's registered office is 6 Brunswick Street, Carlisle, CA1 1PN.