IRIS Accounts Production v24.1.0.578 08350219 Board of Directors 1.2.23 31.1.24 31.1.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh083502192023-01-31083502192024-01-31083502192023-02-012024-01-31083502192022-01-31083502192022-02-012023-01-31083502192023-01-3108350219ns15:EnglandWales2023-02-012024-01-3108350219ns14:PoundSterling2023-02-012024-01-3108350219ns10:Director12023-02-012024-01-3108350219ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3108350219ns10:SmallEntities2023-02-012024-01-3108350219ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3108350219ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3108350219ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3108350219ns10:AbridgedAccounts2023-02-012024-01-3108350219ns10:OrdinaryShareClass12023-02-012024-01-3108350219ns10:Director22023-02-012024-01-3108350219ns10:Director32023-02-012024-01-3108350219ns10:CompanySecretary12023-02-012024-01-3108350219ns10:CompanySecretary22023-02-012024-01-3108350219ns10:RegisteredOffice2023-02-012024-01-3108350219ns5:CurrentFinancialInstruments2024-01-3108350219ns5:CurrentFinancialInstruments2023-01-3108350219ns5:ShareCapital2024-01-3108350219ns5:ShareCapital2023-01-3108350219ns5:FurtherSpecificReserve3ComponentTotalEquity2024-01-3108350219ns5:FurtherSpecificReserve3ComponentTotalEquity2023-01-3108350219ns5:RetainedEarningsAccumulatedLosses2024-01-3108350219ns5:RetainedEarningsAccumulatedLosses2023-01-3108350219ns5:FurnitureFittings2023-02-012024-01-3108350219ns5:ComputerEquipment2023-02-012024-01-3108350219ns10:OrdinaryShareClass12024-01-3108350219ns10:Director222023-01-3108350219ns10:Director222022-01-3108350219ns10:Director222023-02-012024-01-3108350219ns10:Director222022-02-012023-01-3108350219ns10:Director222024-01-3108350219ns10:Director222023-01-31083502191ns10:Director12023-01-31083502191ns10:Director12022-01-31083502191ns10:Director12023-02-012024-01-31083502191ns10:Director12022-02-012023-01-31083502191ns10:Director12024-01-31083502191ns10:Director12023-01-3108350219ns10:Director332023-01-3108350219ns10:Director332022-01-3108350219ns10:Director332023-02-012024-01-3108350219ns10:Director332022-02-012023-01-3108350219ns10:Director332024-01-3108350219ns10:Director332023-01-31
REGISTERED NUMBER: 08350219 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 JANUARY 2024

FOR

AVEAS PARTNERS LIMITED

AVEAS PARTNERS LIMITED (REGISTERED NUMBER: 08350219)

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










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


AVEAS PARTNERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: Mr S Warwood
Mr J Stewart
Mr D P J Tibble





SECRETARIES: Mrs A Tibble
Mrs S Warwood
Mrs S Stewart





REGISTERED OFFICE: 4th Floor
Henry Thomas House
5-11 Worship Street
London
London
EC2A 2BH





REGISTERED NUMBER: 08350219 (England and Wales)





ACCOUNTANTS: JSA Services Limited
4th Floor
Radius House
51 Clarendon Road
Watford
Hertfordshire
WD17 1HP

AVEAS PARTNERS LIMITED (REGISTERED NUMBER: 08350219)

ABRIDGED BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 10,219 7,490

CURRENT ASSETS
Debtors 1,634,333 818,605
Investments - 348,276
Cash at bank 3,512,609 1,210,466
5,146,942 2,377,347
CREDITORS
Amounts falling due within one year 975,155 450,469
NET CURRENT ASSETS 4,171,787 1,926,878
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,182,006

1,934,368

PROVISIONS FOR LIABILITIES - 2,078
NET ASSETS 4,182,006 1,932,290

CAPITAL AND RESERVES
Called up share capital 6 30 30
Fair value reserve - 8,859
Retained earnings 4,181,976 1,923,401
SHAREHOLDERS' FUNDS 4,182,006 1,932,290

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

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

The directors acknowledge their 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.

AVEAS PARTNERS LIMITED (REGISTERED NUMBER: 08350219)

ABRIDGED BALANCE SHEET - continued
31 JANUARY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 January 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2024 and were signed on its behalf by:





Mr J Stewart - Director


AVEAS PARTNERS LIMITED (REGISTERED NUMBER: 08350219)

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


1. STATUTORY INFORMATION

AVEAS PARTNERS 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost
Computer equipment - 50% on cost

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2023 - 25 ) .

AVEAS PARTNERS LIMITED (REGISTERED NUMBER: 08350219)

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


5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2023 114,293
Additions 20,030
Disposals (63,018 )
At 31 January 2024 71,305
DEPRECIATION
At 1 February 2023 106,803
Charge for year 17,301
Eliminated on disposal (63,018 )
At 31 January 2024 61,086
NET BOOK VALUE
At 31 January 2024 10,219
At 31 January 2023 7,490

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
30 Ordinary £ 1 30 30

7. PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £388,015 (2023 - £436,695).

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2024 and 31 January 2023:

2024 2023
£    £   
Mr S Warwood
Balance outstanding at start of year 148,179 (1,937 )
Amounts advanced 358,125 459,616
Amounts repaid (184,368 ) (309,500 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 321,936 148,179

AVEAS PARTNERS LIMITED (REGISTERED NUMBER: 08350219)

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


8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

Mr J Stewart
Balance outstanding at start of year 246 (18,903 )
Amounts advanced 43,419 269,349
Amounts repaid (43,653 ) (250,200 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 12 246

Mr D P J Tibble
Balance outstanding at start of year 4,935 (111 )
Amounts advanced 99,980 403,496
Amounts repaid (105,660 ) (398,450 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (745 ) 4,935