Registered number
12450549
Avington Enterprises Ltd
Filleted Accounts
31 March 2024
Avington Enterprises Ltd
Registered number: 12450549
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 554,597 554,597
Current assets
Debtors 4 574 741
Cash at bank and in hand 5,259 17,704
5,833 18,445
Creditors: amounts falling due within one year 5 (652,066) (577,319)
Net current liabilities (646,233) (558,874)
Net liabilities (91,636) (4,277)
Capital and reserves
Called up share capital 2 2
Profit and loss account (91,638) (4,279)
Shareholders' funds (91,636) (4,277)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mrs T Macdonald
Director
Approved by the board on 14 October 2024
Avington Enterprises Ltd
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings are not depreciated
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 April 2023 554,597
At 31 March 2024 554,597
Depreciation
At 31 March 2024 -
Net book value
At 31 March 2024 554,597
At 31 March 2023 554,597
4 Debtors 2024 2023
£ £
Trade debtors - 167
Other debtors 574 574
574 741
5 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs - 739
Other creditors 652,066 576,580
652,066 577,319
6 Other information
Avington Enterprises Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Broomy Lodge
Brissenden Green Lane
Bethersden
Kent
TN26 3JX
Avington Enterprises Ltd 12450549 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts July 2024 Mrs T Macdonald No description of principal activity 12450549 2022-04-01 2023-03-31 12450549 core:WithinOneYear 2023-03-31 12450549 core:ShareCapital 2023-03-31 12450549 core:RetainedEarningsAccumulatedLosses 2023-03-31 12450549 2023-04-01 2024-03-31 12450549 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 12450549 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 12450549 bus:Director40 2023-04-01 2024-03-31 12450549 1 2023-04-01 2024-03-31 12450549 2 2023-04-01 2024-03-31 12450549 countries:England 2023-04-01 2024-03-31 12450549 bus:FRS102 2023-04-01 2024-03-31 12450549 bus:FilletedAccounts 2023-04-01 2024-03-31 12450549 2024-03-31 12450549 core:WithinOneYear 2024-03-31 12450549 core:ShareCapital 2024-03-31 12450549 core:RetainedEarningsAccumulatedLosses 2024-03-31 12450549 core:LandBuildings 2024-03-31 12450549 2023-03-31 12450549 core:LandBuildings 2023-03-31 iso4217:GBP xbrli:pure