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Company Registration No. 09562713 (England and Wales)
Avegen Limited Unaudited accounts for the year ended 30 April 2024
Avegen Limited Unaudited accounts Contents
Page
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Avegen Limited Company Information for the year ended 30 April 2024
Director
Nayanabhiram Kalnad
Company Number
09562713 (England and Wales)
Registered Office
64 Vaughan Road Harrow Middlesex HA1 4EE England
Accountants
Embee Oak Cardinal Point Park Road Rickmansworth Herts WD3 1RE
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Avegen Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,312 
2,265 
Investments
394,759 
394,759 
396,071 
397,024 
Current assets
Debtors
193,446 
261,629 
Cash at bank and in hand
784,592 
1,132,056 
978,038 
1,393,685 
Creditors: amounts falling due within one year
(363,140)
(459,843)
Net current assets
614,898 
933,842 
Net assets
1,010,969 
1,330,866 
Capital and reserves
Called up share capital
1,442 
1,442 
Share premium
30,600 
30,600 
Profit and loss account
978,927 
1,298,824 
Shareholders' funds
1,010,969 
1,330,866 
For the year ending 30 April 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 his 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 16 September 2024 and were signed on its behalf by
Nayanabhiram Kalnad Director Company Registration No. 09562713
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Avegen Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Avegen Limited is a private company, limited by shares, registered in England and Wales, registration number 09562713. The registered office is 64 Vaughan Road, Harrow, Middlesex, HA1 4EE, England.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
5 years straight line
Computer equipment
3 years straight line
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
915 
17,095 
18,010 
Additions
- 
1,873 
1,873 
At 30 April 2024
915 
18,968 
19,883 
Depreciation
At 1 May 2023
672 
15,073 
15,745 
Charge for the year
244 
2,582 
2,826 
At 30 April 2024
916 
17,655 
18,571 
Net book value
At 30 April 2024
(1)
1,313 
1,312 
At 30 April 2023
243 
2,022 
2,265 
5
Investments
Other investments 
£ 
Valuation at 1 May 2023
394,759 
Valuation at 30 April 2024
394,759 
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Avegen Limited Notes to the Accounts for the year ended 30 April 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
121,129 
159,287 
Accrued income and prepayments
53,197 
88,718 
Other debtors
19,120 
13,624 
193,446 
261,629 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
40,250 
2,457 
Trade creditors
187,315 
176,625 
Taxes and social security
80,429 
135,456 
Other creditors
1,784 
1,786 
Loans from directors
2,940 
2,000 
Accruals
50,422 
141,519 
363,140 
459,843 
8
Average number of employees
During the year the average number of employees was 9 (2023: 6).
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