Company Registration No. 12102452 (England and Wales)
Avtech Cinemas Ltd
Unaudited accounts
for the year ended 30 July 2023
Avtech Cinemas Ltd
Unaudited accounts
Contents
Avtech Cinemas Ltd
Company Information
for the year ended 30 July 2023
Company Number
12102452 (England and Wales)
Registered Office
22 Bradgate
Cuffley
EN6 4RL
United Kingdom
Accountants
Keepence & Co Accounting Limited
196 Elsinge Road
Enfield
London
EN1 4PA
Avtech Cinemas Ltd
Statement of financial position
as at 30 July 2023
Tangible assets
27,914
1,383
Cash at bank and in hand
16,826
23,560
Creditors: amounts falling due within one year
(22,901)
(10,560)
Net current assets
8,925
13,000
Total assets less current liabilities
36,839
14,383
Creditors: amounts falling due after more than one year
(43,955)
-
Net (liabilities)/assets
(7,116)
14,383
Called up share capital
1
1
Profit and loss account
(7,117)
14,382
Shareholders' funds
(7,116)
14,383
For the year ending 30 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 October 2024 and were signed on its behalf by
Erkan Salih
Director
Company Registration No. 12102452
Avtech Cinemas Ltd
Notes to the Accounts
for the year ended 30 July 2023
Avtech Cinemas Ltd is a private company, limited by shares, registered in England and Wales, registration number 12102452. The registered office is 22 Bradgate, Cuffley, EN6 4RL, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Fixtures & fittings
15% reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 31 July 2022
-
1,666
1,666
At 30 July 2023
35,650
1,666
37,316
Charge for the year
8,912
207
9,119
At 30 July 2023
8,912
490
9,402
At 30 July 2023
26,738
1,176
27,914
At 30 July 2022
-
1,383
1,383
Avtech Cinemas Ltd
Notes to the Accounts
for the year ended 30 July 2023
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
990
Non-equity preference shares
707
-
Other creditors
7,407
3,000
Loans from directors
-
2,748
6
Creditors: amounts falling due after more than one year
2023
2022
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).