Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-30truetruefalse2022-12-01No description of principal activity00false OC377220 2022-12-01 2023-11-30 OC377220 2021-12-01 2022-11-30 OC377220 2023-11-30 OC377220 2022-11-30 OC377220 c:CurrentFinancialInstruments 2023-11-30 OC377220 c:CurrentFinancialInstruments 2022-11-30 OC377220 c:CurrentFinancialInstruments c:WithinOneYear 2023-11-30 OC377220 c:CurrentFinancialInstruments c:WithinOneYear 2022-11-30 OC377220 d:EntityNoLongerTradingButTradedInPast 2022-12-01 2023-11-30 OC377220 d:FRS102 2022-12-01 2023-11-30 OC377220 d:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 OC377220 d:FullAccounts 2022-12-01 2023-11-30 OC377220 d:LimitedLiabilityPartnershipLLP 2022-12-01 2023-11-30 OC377220 d:PartnerLLP2 2022-12-01 2023-11-30 OC377220 c:OtherCapitalInstrumentsClassifiedAsEquity 2023-11-30 OC377220 c:OtherCapitalInstrumentsClassifiedAsEquity 2022-11-30 OC377220 c:FurtherSpecificReserve2ComponentTotalEquity 2023-11-30 OC377220 c:FurtherSpecificReserve2ComponentTotalEquity 2022-11-30 OC377220 e:PoundSterling 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Registered number: OC377220









AVALON SPORTING GOODS LLP







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2023

 
AVALON SPORTING GOODS LLP
REGISTERED NUMBER: OC377220

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 2 
1
1

Cash at bank and in hand
 3 
48,466
48,466

  
48,467
48,467

Creditors: Amounts Falling Due Within One Year
 4 
(15,113)
(13,913)

Net current assets
  
 
 
33,354
 
 
34,554

Total assets less current liabilities
  
33,354
34,554

  

Net assets
  
33,354
34,554


Represented by:
  

Loans and other debts due to members within one year
  

Members' other interests
  

Members' capital classified as equity
  
1,200,001
1,200,001

Other reserves classified as equity

  

(1,166,647)
(1,165,447)

  
 
33,354
 
34,554

  
33,354
34,554


Total members' interests
  

Members' other interests
  
33,354
34,554

  
33,354
34,554


Page 1

 
AVALON SPORTING GOODS LLP
REGISTERED NUMBER: OC377220
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2023

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small LLPs regime.

The entity was entitled to exemption from audit under section 480 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements.

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

The entity has opted not to file the profit and loss account in accordance with the provisions applicable to entities subject to the small LLPs regime.

The financial statements were approved and authorised for issue by the members and were signed on their behalf by: 




Ecology Solutions Limited
30/11/2022
Designated member
Designated member


Date: 30 August 2024

The notes on pages 3 to 4 form part of these financial statements.

Avalon Sporting Goods LLP has no equity and, in accordance with the provisions contained within the Statement of Recommended Practice "Accounting by Limited Liability Partnerships", has not presented a Statement of changes in equity.

Page 2

 
AVALON SPORTING GOODS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.Accounting policies

 
1.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the LLP's accounting policies.

 
1.2

Going concern

The financial statements has been prepared on a going concern basis which assumes that the company will continue to receive support from creditors and the director as and when required.

 
1.3

Division and distribution of profits

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.

The LLP divides profits automatically. Automatic divisions of profits are recognised as 'Members' remuneration charged as an expense in .

In the event of the LLP making losses, the loss is recognised as a credit amount of 'Members' remuneration charged as an expense where it is automatically divided or as a debit within equity under 'Other reserves' if not divided automatically.

 
1.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
1.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


2.


Debtors

2023
2022
£
£

Page 3

 
AVALON SPORTING GOODS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Debtors (continued)


Other debtors
1
1

1
1



3.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
48,466
48,466

48,466
48,466



4.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
479
479

Other creditors
2,184
2,184

Accruals and deferred income
12,450
11,250

15,113
13,913



5.


Related party transactions

During the period there were no related party transactions to report.


6.


Controlling party

The LLP has no controlling member and therefore has no controlling party. 

 
Page 4