Company registration number 11700493 (England and Wales)
AVAM PROPERTIES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
AVAM PROPERTIES LIMITED
COMPANY INFORMATION
Director
Mr J Basudev
Company number
11700493
Registered office
Studio 109 Sunbeam Studios
Sunbeam Street
Wolvehampton
West Midlands
United Kingdom
WV2 4PF
Accountants
T&W Accounts Limited
Studio 109 Sunbeam Studios
Sunbeam Street
Wolvehampton
West Midlands
United Kingdom
WV2 4PF
AVAM PROPERTIES LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet and notes to the financial statements
2 - 3
AVAM PROPERTIES LIMITED
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF AVAM PROPERTIES LIMITED
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Avam Properties Limited for the year ended 31 March 2024, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the board of directors of Avam Properties Limited, as a body, in accordance with the terms of our engagement letter dated 1 January 2023. Our work has been undertaken solely to prepare for your approval the financial statements of Avam Properties Limited and state those matters that we have agreed to state to the board of directors of Avam Properties Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Avam Properties Limited and its board of directors as a body, for our work or for this report.

It is your duty to ensure that Avam Properties Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Avam Properties Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Avam Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

T&W Accounts Limited
29 August 2024
Chartered Accountants
Studio 109 Sunbeam Studios
Sunbeam Street
Wolvehampton
West Midlands
United Kingdom
WV2 4PF
AVAM PROPERTIES LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 2 -
2024
2023
£
£
£
£
Fixed assets
422,610
422,610
Current assets
1,406
11,761
Creditors: amounts falling due within one year
(148,500)
(139,997)
Net current liabilities
(147,094)
(128,236)
Total assets less current liabilities
275,516
294,374
Creditors: amounts falling due after more than one year
(230,515)
(250,379)
Net assets
45,001
43,995
Capital and reserves
45,001
43,995
Notes to the financial statements
1
Reporting period

FRS 102 3.10 An entity shall present a complete set of financial statements (including comparative information as set out in paragraph 3.14) at least annually. When the end of an entity’s reporting period changes and the annual financial statements are presented for a period longer or shorter than one year, the entity shall disclose the following: (a) that fact; (b) the reason for using a longer or shorter period; and (c) the fact that comparative amounts presented in the financial statements (including the related notes) are not entirely comparable.

2
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
1
1

Avam Properties Limited is a private company limited by shares incorporated in England and Wales. The registered office is Studio 109 Sunbeam Studios, Sunbeam Street, Wolvehampton, West Midlands, United Kingdom, WV2 4PF.

For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his 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 year in question in accordance with section 476.

AVAM PROPERTIES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2024
31 March 2024
- 3 -

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 29 August 2024
Mr J Basudev
Director
Company registration number 11700493 (England and Wales)
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