IRIS Accounts Production v24.3.0.553 04676067 director 1.3.23 29.2.24 29.2.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh046760672023-02-28046760672024-02-29046760672023-03-012024-02-29046760672022-02-28046760672022-03-012023-02-28046760672023-02-2804676067ns15:EnglandWales2023-03-012024-02-2904676067ns14:PoundSterling2023-03-012024-02-2904676067ns10:Director12023-03-012024-02-2904676067ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2904676067ns10:SmallEntities2023-03-012024-02-2904676067ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2904676067ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2904676067ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2904676067ns10:FullAccounts2023-03-012024-02-2904676067ns10:OrdinaryShareClass12023-03-012024-02-2904676067ns10:CompanySecretary12023-03-012024-02-2904676067ns10:RegisteredOffice2023-03-012024-02-2904676067ns5:CurrentFinancialInstruments2024-02-2904676067ns5:CurrentFinancialInstruments2023-02-2804676067ns5:Non-currentFinancialInstruments2024-02-2904676067ns5:Non-currentFinancialInstruments2023-02-2804676067ns5:ShareCapital2024-02-2904676067ns5:ShareCapital2023-02-2804676067ns5:RetainedEarningsAccumulatedLosses2024-02-2904676067ns5:RetainedEarningsAccumulatedLosses2023-02-2804676067ns5:PlantMachinery2023-03-012024-02-2904676067ns5:PlantMachinery2023-02-2804676067ns5:PlantMachinery2024-02-2904676067ns5:PlantMachinery2023-02-2804676067ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-02-2904676067ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2804676067ns10:OrdinaryShareClass12024-02-29046760671ns10:Director12023-02-28046760671ns10:Director12022-02-28046760671ns10:Director12023-03-012024-02-29046760671ns10:Director12022-03-012023-02-28046760671ns10:Director12024-02-29046760671ns10:Director12023-02-28
REGISTERED NUMBER: 04676067 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

AVALON 3 LIMITED

AVALON 3 LIMITED (REGISTERED NUMBER: 04676067)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AVALON 3 LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTOR: S Hathaway





SECRETARY: Mrs J Hathaway





REGISTERED OFFICE: 6 Green Lane Business Park
238 Green Lane
New Eltham
London
SE9 3TL





REGISTERED NUMBER: 04676067 (England and Wales)





ACCOUNTANTS: Andrew Cross & Co.
Chartered Certified Accountants
6 Green Lane Business Park
238 Green Lane
New Eltham
London
SE9 3TL

AVALON 3 LIMITED (REGISTERED NUMBER: 04676067)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 71,392 92,983

CURRENT ASSETS
Debtors 5 268,505 235,462
Cash at bank 1,741 100
270,246 235,562
CREDITORS
Amounts falling due within one year 6 94,016 62,407
NET CURRENT ASSETS 176,230 173,155
TOTAL ASSETS LESS CURRENT
LIABILITIES

247,622

266,138

CREDITORS
Amounts falling due after more than one
year

7

66,318

88,166
NET ASSETS 181,304 177,972

CAPITAL AND RESERVES
Called up share capital 8 5 5
Retained earnings 181,299 177,967
SHAREHOLDERS' FUNDS 181,304 177,972

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

AVALON 3 LIMITED (REGISTERED NUMBER: 04676067)

BALANCE SHEET - continued
29 FEBRUARY 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 October 2024 and were signed by:





S Hathaway - Director


AVALON 3 LIMITED (REGISTERED NUMBER: 04676067)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

Avalon 3 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 invoiced work for completed projects in the year together with the relevant proportion of work in progress at the year end date and taking into account work in progress already completed at the start of the financial 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.
Plant and machinery etc - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 159,957
Additions 2,196
At 29 February 2024 162,153
DEPRECIATION
At 1 March 2023 66,974
Charge for year 23,787
At 29 February 2024 90,761
NET BOOK VALUE
At 29 February 2024 71,392
At 28 February 2023 92,983

AVALON 3 LIMITED (REGISTERED NUMBER: 04676067)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 33,489 59,715
Other debtors 235,016 175,747
268,505 235,462

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 13,874
Hire purchase contracts 11,848 11,848
Trade creditors 2,013 3,914
Taxation and social security 61,343 9,497
Other creditors 8,812 23,274
94,016 62,407

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 16,667 26,667
Hire purchase contracts 49,651 61,499
66,318 88,166

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
5 Ordinary £1 5 5

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

2024 2023
£    £   
S Hathaway
Balance outstanding at start of year 124,560 129,337
Amounts advanced 39,567 -
Amounts repaid - (4,777 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 164,127 124,560