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Company Registration No. 09471955 (England and Wales)
THE AVERMENT GROUP LIMITED Unaudited accounts for the year ended 31 March 2024
THE AVERMENT GROUP LIMITED Unaudited accounts Contents
Page
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THE AVERMENT GROUP LIMITED Company Information for the year ended 31 March 2024
Director
Dr. R. Horan
Company Number
09471955 (England and Wales)
Registered Office
C/O Townley & Co Ltd 67 Bewsey Street Warrington Cheshire WA2 7JQ United Kingdom
Accountants
Townley & Co Limited Warrington Business Centre 67 Bewsey Street Warrington WA2 7JQ
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THE AVERMENT GROUP LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,988 
2,651 
Current assets
Cash at bank and in hand
11,206 
8,237 
Creditors: amounts falling due within one year
(3,316)
(3,118)
Net current assets
7,890 
5,119 
Net assets
9,878 
7,770 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
9,877 
7,769 
Shareholders' funds
9,878 
7,770 
For the year ending 31 March 2024 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 her 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 11 October 2024 and were signed on its behalf by
Dr. R. Horan Director Company Registration No. 09471955
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THE AVERMENT GROUP LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
THE AVERMENT GROUP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09471955. The registered office is C/O Townley & Co Ltd, 67 Bewsey Street, Warrington, Cheshire, WA2 7JQ, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of work carried out in respect of services provided to customers.
Tangible fixed assets policy
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
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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THE AVERMENT GROUP LIMITED Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2023
8,756 
At 31 March 2024
8,756 
Depreciation
At 1 April 2023
6,105 
Charge for the year
663 
At 31 March 2024
6,768 
Net book value
At 31 March 2024
1,988 
At 31 March 2023
2,651 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
2,205 
1,932 
Loans from directors
211 
286 
Accruals
900 
900 
3,316 
3,118 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
7
Controlling party
The company is under the control of Dr. R. Horan by virtue of her shareholding and directorship.
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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