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REGISTERED NUMBER: 01251842 (England and Wales)

















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

A.V.R. Group Limited

A.V.R. Group Limited (Registered number: 01251842)






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

Chartered Accountants' Report 10

A.V.R. Group Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mr P D Miller



REGISTERED OFFICE: 16/24 Attenburys Park Estate
Attenburys Lane
Timperley
Altrincham
Cheshire
WA14 5QE



REGISTERED NUMBER: 01251842 (England and Wales)



ACCOUNTANTS: Sterling Partners Limited
Chartered Accountants
Chartered Tax Advisors
2nd Floor, Grove House
774-780 Wilmslow Road
Didsbury
Manchester
Greater Manchester
M20 2DR



BANKERS: Lloyds TSB
76 Stamford New Road
Altrincham
Cheshire
WA14 1BS

A.V.R. Group Limited (Registered number: 01251842)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 968,744 1,100,098
Tangible assets 5 1,838,286 1,941,163
2,807,030 3,041,261

CURRENT ASSETS
Stocks 6 295,200 95,200
Debtors 7 880,510 1,273,117
Cash at bank and in hand 54,243 55,012
1,229,953 1,423,329
CREDITORS
Amounts falling due within one year 8 (516,033 ) (1,034,706 )
NET CURRENT ASSETS 713,920 388,623
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,520,950

3,429,884

CREDITORS
Amounts falling due after more than one year 9 (122,897 ) (92,339 )

PROVISIONS FOR LIABILITIES 11 (366,904 ) (296,290 )
NET ASSETS 3,031,149 3,041,255

CAPITAL AND RESERVES
Called up share capital 12 1,000 1,000
Retained earnings 13 3,030,149 3,040,255
SHAREHOLDERS' FUNDS 3,031,149 3,041,255

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 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.

A.V.R. Group Limited (Registered number: 01251842)

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 September 2024 and were signed by:





Mr P D Miller - Director


A.V.R. Group Limited (Registered number: 01251842)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

A.V.R. Group 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 net invoiced sales of goods and services, excluding value added tax.

Revenue in respect of monitoring services is matched to the period in which the monitoring services are provided.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Freehold property - 2% on cost
Security equipment - 10% on reducing balance
Plant and machinery - 12.5% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

A.V.R. Group Limited (Registered number: 01251842)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Foreign currencies
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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 42 (2023 - 51 ) .

4. INTANGIBLE FIXED ASSETS
Development
costs
£   
COST
At 1 April 2023 2,095,847
Additions 90,947
At 31 March 2024 2,186,794
AMORTISATION
At 1 April 2023 995,749
Amortisation for year 222,301
At 31 March 2024 1,218,050
NET BOOK VALUE
At 31 March 2024 968,744
At 31 March 2023 1,100,098

A.V.R. Group Limited (Registered number: 01251842)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. TANGIBLE FIXED ASSETS
Freehold Security Plant and
property equipment machinery
£    £    £   
COST
At 1 April 2023 358,626 4,268,739 379,968
Additions - - 235
Disposals - - -
At 31 March 2024 358,626 4,268,739 380,203
DEPRECIATION
At 1 April 2023 41,795 2,842,613 286,784
Charge for year 7,172 142,613 11,678
Eliminated on disposal - - -
At 31 March 2024 48,967 2,985,226 298,462
NET BOOK VALUE
At 31 March 2024 309,659 1,283,513 81,741
At 31 March 2023 316,831 1,426,126 93,184

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 5,318 242,035 152,285 5,406,971
Additions - 116,420 1,601 118,256
Disposals - (12,593 ) - (12,593 )
At 31 March 2024 5,318 345,862 153,886 5,512,634
DEPRECIATION
At 1 April 2023 3,782 169,717 121,117 3,465,808
Charge for year 308 45,857 8,192 215,820
Eliminated on disposal - (7,280 ) - (7,280 )
At 31 March 2024 4,090 208,294 129,309 3,674,348
NET BOOK VALUE
At 31 March 2024 1,228 137,568 24,577 1,838,286
At 31 March 2023 1,536 72,318 31,168 1,941,163

A.V.R. Group Limited (Registered number: 01251842)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2023
and 31 March 2024 276,922
DEPRECIATION
At 1 April 2023
and 31 March 2024 167,633
NET BOOK VALUE
At 31 March 2024 109,289
At 31 March 2023 109,289

6. STOCKS
2024 2023
£    £   
Stocks 295,200 95,200

7. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 108,246 617,392
Amounts owed by group undertakings 100 100
Other debtors 20,000 25,964
Tax 39,383 39,383
Prepayments 14,248 37,959
181,977 720,798

Amounts falling due after more than one year:
Other debtors 20,831 20,375
Prepayments and accrued income 677,702 531,944
698,533 552,319

Aggregate amounts 880,510 1,273,117

A.V.R. Group Limited (Registered number: 01251842)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 70,672 309,063
Trade creditors 170,154 124,559
Payment on account - 79
Corporation tax 35,639 24,056
Social security and other taxes 35,312 30,876
Pension liability 5,945 5,315
VAT 62,061 237,813
Other creditors 2,129 -
Barclaycard 1,372 1,569
Directors' current accounts 105,411 271,306
Accrued expenses 17,338 20,070
516,033 1,034,706

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans: 1-2 years 10,000 10,000
Bank loans: 2-5 years 1,669 11,667
Hire purchase contracts 111,228 70,672
122,897 92,339

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 21,669 31,667
Hire purchase contracts 181,900 379,735
203,569 411,402

Bank loans and overdrafts are secured by way of fixed and floating charges over the assets of the company and also by omnibus guarantee and set off agreement with the related party Monitoring Technologies Limited.

11. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 366,904 296,290

A.V.R. Group Limited (Registered number: 01251842)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

11. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2023 296,290
Depreciation in excess 70,614
Balance at 31 March 2024 366,904

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary £1 1,000 1,000

13. RESERVES
Retained
earnings
£   

At 1 April 2023 3,040,255
Deficit for the year (10,106 )
At 31 March 2024 3,030,149

14. OTHER FINANCIAL COMMITMENTS

The company had outstanding financial commitments as at 31st March 2024 in respect of bank loans totalling £21,669 (2023: £31,667) and hire purchase of £181,890 (2023: £379,735).

15. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
Mr P D Miller
Balance outstanding at start of year (271,306 ) 466,714
Amounts advanced 1,210,125 184,800
Amounts repaid (1,044,230 ) (922,820 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (105,411 ) (271,306 )

16. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the director, P D Miller, by virtue of his ownership of the entire issued share capital of the parent company, Monitoring Limited.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
A.V.R. Group Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of A.V.R. Group Limited for the year ended 31 March 2024 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of A.V.R. Group Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A.V.R. Group Limited and state those matters that we have agreed to state to the director of A.V.R. Group Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A.V.R. Group Limited and its director for our work or for this report.

It is your duty to ensure that A.V.R. Group Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of A.V.R. Group Limited. You consider that A.V.R. Group Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of A.V.R. Group Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Sterling Partners Limited
Chartered Accountants
Chartered Tax Advisors
2nd Floor, Grove House
774-780 Wilmslow Road
Didsbury
Manchester
Greater Manchester
M20 2DR


Date: .............................................