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REGISTERED NUMBER: 13311604 (England and Wales)








UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

AVYSE PARTNERS LIMITED

AVYSE PARTNERS LIMITED (REGISTERED NUMBER: 13311604)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 April 2024




Page

Company information 1

Balance sheet 2

Notes to the financial statements 3


AVYSE PARTNERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 April 2024







DIRECTORS: Mr O A Grimes
Mr R M Wegrzyn
Mr D P Brain





REGISTERED OFFICE: 1 Cornhill
London
EC3V 3ND





REGISTERED NUMBER: 13311604 (England and Wales)





ACCOUNTANTS: Mitchell Glanville Limited
41 Rodney Road
Cheltenham
Gloucestershire
GL50 1HX

AVYSE PARTNERS LIMITED (REGISTERED NUMBER: 13311604)

BALANCE SHEET
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 26,777 18,190

CURRENT ASSETS
Debtors 5 798,301 553,702
Cash at bank 2,741,908 689,189
3,540,209 1,242,891
CREDITORS
Amounts falling due within one year 6 1,225,095 492,452
NET CURRENT ASSETS 2,315,114 750,439
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,341,891

768,629

PROVISIONS FOR LIABILITIES 6,695 4,548
NET ASSETS 2,335,196 764,081

CAPITAL AND RESERVES
Called up share capital 935 955
Retained earnings 2,334,261 763,126
SHAREHOLDERS' FUNDS 2,335,196 764,081

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 Income statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 September 2024 and were signed on its behalf by:



Mr D P Brain - Director Mr O A Grimes - Director



Mr R M Wegrzyn - Director


AVYSE PARTNERS LIMITED (REGISTERED NUMBER: 13311604)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 April 2024

1. STATUTORY INFORMATION

Avyse 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. 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 each asset over its estimated useful life.
Computer equipment - 33% on cost

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2023 - 17 ) .

AVYSE PARTNERS LIMITED (REGISTERED NUMBER: 13311604)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 April 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 May 2023 23,716
Additions 18,488
Disposals (3,137 )
At 30 April 2024 39,067
DEPRECIATION
At 1 May 2023 5,526
Charge for year 9,901
Eliminated on disposal (3,137 )
At 30 April 2024 12,290
NET BOOK VALUE
At 30 April 2024 26,777
At 30 April 2023 18,190

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 712,208 515,594
Other debtors 14,796 13,005
Prepayments 71,297 25,103
798,301 553,702

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 124,534 23,044
Tax 721,816 232,098
Social security and other taxes 91,782 72,198
VAT 158,465 106,486
Other creditors 10,262 6,126
Accrued expenses 118,236 52,500
1,225,095 492,452

7. OTHER FINANCIAL COMMITMENTS

The company had total guarantees and commitments at the balance sheet date of £133,298.