IRIS Accounts Production v24.3.0.553 10147293 director 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh101472932023-04-30101472932024-04-30101472932023-05-012024-04-30101472932022-04-30101472932022-05-012023-04-30101472932023-04-3010147293ns15:EnglandWales2023-05-012024-04-3010147293ns14:PoundSterling2023-05-012024-04-3010147293ns10:Director12023-05-012024-04-3010147293ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3010147293ns10:SmallEntities2023-05-012024-04-3010147293ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3010147293ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3010147293ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3010147293ns10:FullAccounts2023-05-012024-04-3010147293ns10:CompanySecretary12023-05-012024-04-3010147293ns10:RegisteredOffice2023-05-012024-04-3010147293ns5:CurrentFinancialInstruments2024-04-3010147293ns5:CurrentFinancialInstruments2023-04-3010147293ns5:Non-currentFinancialInstruments2024-04-3010147293ns5:Non-currentFinancialInstruments2023-04-3010147293ns5:ShareCapital2024-04-3010147293ns5:ShareCapital2023-04-3010147293ns5:SharePremium2024-04-3010147293ns5:SharePremium2023-04-3010147293ns5:RetainedEarningsAccumulatedLosses2024-04-3010147293ns5:RetainedEarningsAccumulatedLosses2023-04-3010147293ns5:PlantMachinery2023-05-012024-04-3010147293ns5:PlantMachinery2023-04-3010147293ns5:PlantMachinery2024-04-3010147293ns5:PlantMachinery2023-04-3010147293ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3010147293ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3010147293ns5:CurrentFinancialInstruments2023-05-012024-04-30
REGISTERED NUMBER: 10147293 (England and Wales)
























Unaudited Financial Statements

for the Year Ended 30 April 2024

for

AVELIX LIMITED

AVELIX LIMITED (REGISTERED NUMBER: 10147293)






Contents of the Financial Statements
for the year ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AVELIX LIMITED

Company Information
for the year ended 30 April 2024







DIRECTOR: J A James





SECRETARY: B M Kotecha





REGISTERED OFFICE: Chells Manor Lodge
2 Manor House Drive
Stevenage
Hertfordshire
SG2 7RR





REGISTERED NUMBER: 10147293 (England and Wales)





ACCOUNTANTS: Trevor Jones & Partners Ltd
Unit 14
Hoddesdon Enterprise Centre
Pindar Road
Hoddesdon
Hertfordshire
EN11 0FJ

AVELIX LIMITED (REGISTERED NUMBER: 10147293)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 56,320 74,775

CURRENT ASSETS
Stocks 2,268,925 2,268,175
Debtors 5 393,730 173,403
Cash at bank 31,806 214,861
2,694,461 2,656,439
CREDITORS
Amounts falling due within one year 6 48,376 43,618
NET CURRENT ASSETS 2,646,085 2,612,821
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,702,405

2,687,596

CREDITORS
Amounts falling due after more than one
year

7

1,456,333

1,463,200
NET ASSETS 1,246,072 1,224,396

CAPITAL AND RESERVES
Called up share capital 12,500 12,500
Share premium 1,242,740 1,242,740
Retained earnings (9,168 ) (30,844 )
1,246,072 1,224,396

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

AVELIX LIMITED (REGISTERED NUMBER: 10147293)

Balance Sheet - continued
30 April 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 14 January 2025 and were signed by:





J A James - Director


AVELIX LIMITED (REGISTERED NUMBER: 10147293)

Notes to the Financial Statements
for the year ended 30 April 2024

1. STATUTORY INFORMATION

Avelix 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 sales of properties recognised on exchange of contracts and rental income, excluding 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 - Reducing balance over 3 years

Stocks
Stocks of land and property are valued at the lower of cost and net realisable value. Cost includes all direct expenditure and attributable overheads.

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.

3. EMPLOYEES AND DIRECTORS

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

AVELIX LIMITED (REGISTERED NUMBER: 10147293)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 86,080
DEPRECIATION
At 1 May 2023 11,305
Charge for year 18,455
At 30 April 2024 29,760
NET BOOK VALUE
At 30 April 2024 56,320
At 30 April 2023 74,775

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 7,595 5,804
Other debtors 386,135 167,599
393,730 173,403

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 4,413 4,413
Trade creditors 746 458
Taxation and social security 3,910 3,594
Other creditors 39,307 35,153
48,376 43,618



7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 1,424,787 1,429,937
Hire purchase contracts 31,546 33,263
1,456,333 1,463,200

8. ULTIMATE CONTROLLING PARTY

The controlling party is J A James.

The ultimate controlling party is J A James.