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REGISTERED NUMBER: 09402148 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

AVM Designs Ltd

AVM Designs Ltd (Registered number: 09402148)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


AVM Designs Ltd (Registered number: 09402148)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 1,376 1,449

Current assets
Debtors 5 117,970 -
Cash at bank 6,729 92,312
124,699 92,312
Creditors
Amounts falling due within one year 6 26,795 16,206
Net current assets 97,904 76,106
Total assets less current liabilities 99,280 77,555

Creditors
Amounts falling due after more than
one year

7

11,843

19,957
Net assets 87,437 57,598

Capital and reserves
Called up share capital 1 1
Retained earnings 87,436 57,597
Shareholders' funds 87,437 57,598

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 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.

AVM Designs Ltd (Registered number: 09402148)

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.

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

The financial statements were approved by the director and authorised for issue on 23 August 2024 and were signed by:





A L Van Mol - Director


AVM Designs Ltd (Registered number: 09402148)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. Statutory information

AVM Designs Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09402148

Registered office: Pound House
62a Highgate High Street
London
N6 5HX

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 20% on cost
Computer equipment - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

3. Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

AVM Designs Ltd (Registered number: 09402148)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. Tangible fixed assets
Plant and Computer
machinery equipment Totals
£    £    £   
Cost
At 1 February 2023
and 31 January 2024 22,737 1,557 24,294
Depreciation
At 1 February 2023 22,557 288 22,845
Charge for year 9 64 73
At 31 January 2024 22,566 352 22,918
Net book value
At 31 January 2024 171 1,205 1,376
At 31 January 2023 180 1,269 1,449

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Directors' loan accounts 100,000 -
VAT 876 -
Prepayments and accrued income 17,094 -
117,970 -

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts (see note 8) 8,112 7,912
Corporation Tax 16,888 6,467
Social security and other taxes - 102
VAT - 75
Other creditors 1,795 1,650
26,795 16,206

7. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans (see note 8) 11,843 19,957

AVM Designs Ltd (Registered number: 09402148)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

8. Loans

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 8,112 7,912

Amounts falling due between one and two years:
Bank loans 8,317 8,112

Amounts falling due between two and five years:
Bank loans 3,526 11,845

9. Ultimate controlling party

The ultimate controlling party is A L Van Mol.