IRIS Accounts Production v24.3.0.553 05416775 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh054167752023-03-31054167752024-03-31054167752023-04-012024-03-31054167752022-04-30054167752022-05-012023-03-31054167752023-03-3105416775ns15:EnglandWales2023-04-012024-03-3105416775ns14:PoundSterling2023-04-012024-03-3105416775ns10:Director12023-04-012024-03-3105416775ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3105416775ns10:SmallEntities2023-04-012024-03-3105416775ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3105416775ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3105416775ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3105416775ns10:FullAccounts2023-04-012024-03-3105416775ns10:Director22023-04-012024-03-3105416775ns10:Director32023-04-012024-03-3105416775ns10:CompanySecretary12023-04-012024-03-3105416775ns10:RegisteredOffice2023-04-012024-03-3105416775ns5:CurrentFinancialInstruments2024-03-3105416775ns5:CurrentFinancialInstruments2023-03-3105416775ns5:ShareCapital2024-03-3105416775ns5:ShareCapital2023-03-3105416775ns5:RetainedEarningsAccumulatedLosses2024-03-3105416775ns5:RetainedEarningsAccumulatedLosses2023-03-3105416775ns5:ShortLeaseholdAssetsns5:LandBuildings2023-04-012024-03-3105416775ns5:PlantMachinery2023-04-012024-03-3105416775ns5:MotorVehicles2023-04-012024-03-3105416775ns5:ComputerEquipment2023-04-012024-03-3105416775ns5:ShortLeaseholdAssetsns5:LandBuildings2023-03-3105416775ns5:PlantMachinery2023-03-3105416775ns5:MotorVehicles2023-03-3105416775ns5:ComputerEquipment2023-03-3105416775ns5:ShortLeaseholdAssetsns5:LandBuildings2024-03-3105416775ns5:PlantMachinery2024-03-3105416775ns5:MotorVehicles2024-03-3105416775ns5:ComputerEquipment2024-03-3105416775ns5:ShortLeaseholdAssetsns5:LandBuildings2023-03-3105416775ns5:PlantMachinery2023-03-3105416775ns5:MotorVehicles2023-03-3105416775ns5:ComputerEquipment2023-03-3105416775ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3105416775ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3105416775ns5:DeferredTaxation2023-03-3105416775ns5:OtherProvisionsContingentLiabilities2023-03-3105416775ns5:DeferredTaxation2023-04-012024-03-3105416775ns5:OtherProvisionsContingentLiabilities2023-04-012024-03-3105416775ns5:DeferredTaxation2024-03-3105416775ns5:OtherProvisionsContingentLiabilities2024-03-31
REGISTERED NUMBER: 05416775 (England and Wales)








FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

AVON CONSTRUCTION LIMITED

AVON CONSTRUCTION LIMITED (REGISTERED NUMBER: 05416775)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AVON CONSTRUCTION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: D E Butters
A A Pratten
J P Clews





SECRETARY: A A Pratten





REGISTERED OFFICE: 3 Durrant Road
Bournemouth
Dorset
BH2 6NE





REGISTERED NUMBER: 05416775 (England and Wales)





ACCOUNTANTS: Carter & Coley
Chartered Accountants
3 Durrant Road
Bournemouth
Dorset
BH2 6NE

AVON CONSTRUCTION LIMITED (REGISTERED NUMBER: 05416775)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 68,964 38,613

CURRENT ASSETS
Debtors 5 879,237 158,837
Cash at bank and in hand 151,521 1,163,087
1,030,758 1,321,924
CREDITORS
Amounts falling due within one year 6 321,260 534,149
NET CURRENT ASSETS 709,498 787,775
TOTAL ASSETS LESS CURRENT
LIABILITIES

778,462

826,388

PROVISIONS FOR LIABILITIES 7 230,928 233,660
NET ASSETS 547,534 592,728

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 547,334 592,528
SHAREHOLDERS' FUNDS 547,534 592,728

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

AVON CONSTRUCTION LIMITED (REGISTERED NUMBER: 05416775)

BALANCE SHEET - continued
31 MARCH 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 May 2024 and were signed on its behalf by:





D E Butters - Director


AVON CONSTRUCTION LIMITED (REGISTERED NUMBER: 05416775)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Avon Construction 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 represents work done during the year, exclusive of Value Added Tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - in accordance with the term of the lease
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Equipment - 25% on reducing balance

Fixed assets are initially recognised at cost.

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

AVON CONSTRUCTION LIMITED (REGISTERED NUMBER: 05416775)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued

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.

Revenue recognition and service contracts
In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion. The closing value of these contracts is disclosed as amounts recoverable on contract.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Short Plant and Motor
leasehold machinery vehicles Equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 122,054 40,260 117,005 67,316 346,635
Additions - 2,022 43,917 6,016 51,955
Disposals - - (25,500 ) - (25,500 )
At 31 March 2024 122,054 42,282 135,422 73,332 373,090
DEPRECIATION
At 1 April 2023 122,054 30,126 101,277 54,565 308,022
Charge for year - 1,823 12,802 4,691 19,316
Eliminated on disposal - - (23,212 ) - (23,212 )
At 31 March 2024 122,054 31,949 90,867 59,256 304,126
NET BOOK VALUE
At 31 March 2024 - 10,333 44,555 14,076 68,964
At 31 March 2023 - 10,134 15,728 12,751 38,613

AVON CONSTRUCTION LIMITED (REGISTERED NUMBER: 05416775)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 384,587 89,526
Amounts owed by group undertakings 421,568 -
Other debtors 73,082 69,311
879,237 158,837

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 166,450 229,541
Amounts owed to group undertakings - 55,932
Taxation and social security 39,009 75,645
Other creditors 115,801 173,031
321,260 534,149

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 5,928 8,660
Other provisions 225,000 225,000
230,928 233,660

Liabili-
Deferred ties on
tax contracts
£    £   
Balance at 1 April 2023 8,660 225,000
Credit to Statement of Income and Retained Earnings during year (2,732 ) -
Balance at 31 March 2024 5,928 225,000

8. RELATED PARTY DISCLOSURES

TRANSACTIONS WITH THE PARENT COMPANY

A non interest bearing loan on which no terms of repayment have been agreed. The amount due from the parent company at the balance sheet date amounted to £421,568 (2023 - (due to) £55,932).

AVON CONSTRUCTION LIMITED (REGISTERED NUMBER: 05416775)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


9. ULTIMATE PARENT COMPANY

Avon Construction Group Limited (Registered in England & Wales, company number 09805142) is regarded as the company's ultimate parent company throughout the current and previous period.