Company registration number 8502830 (England and Wales)
AVALARO LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
PAGES FOR FILING WITH REGISTRAR
AVALARO LIMITED
COMPANY INFORMATION
Director
D J Martinez-Bernabe
Company number
8502830
Registered office
308 Ewell Road
Surbiton
Surrey
KT6 7AL
Accountants
Kingston Burrowes Accountants
308 Ewell Road
Surbiton
Surrey
KT6 7AL
AVALARO LIMITED
CONTENTS
Page
Director's report
1
Accountants' report
2
Balance sheet
3
Notes to the financial statements
4 - 5
AVALARO LIMITED
DIRECTOR'S REPORT
FOR THE YEAR ENDED 30 APRIL 2024
- 1 -

The director presents his annual report and financial statements for the year ended 30 April 2024.

Principal activities

The principal activity of the company continued to be that of management consultancy other than financial management .

Director

The director who held office during the year and up to the date of signature of the financial statements was as follows:

D J Martinez-Bernabe
Small companies exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

On behalf of the board
D J Martinez-Bernabe
Director
24 January 2025
AVALARO LIMITED
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF AVALARO LIMITED
- 2 -

These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 30 April 2024.

We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.

On the balance sheet, you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give a true and fair view.

You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.

 

The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.

Kingston Burrowes Accountants
24 January 2025
308 Ewell Road
Surbiton
Surrey
KT6 7AL
AVALARO LIMITED
BALANCE SHEET
AS AT 30 APRIL 2024
30 April 2024
- 3 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,688
398
Current assets
Debtors
4
22,539
21,150
Cash at bank and in hand
2,177
5,220
24,716
26,370
Creditors: amounts falling due within one year
5
(18,272)
(15,163)
Net current assets
6,444
11,207
Net assets
8,132
11,605
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
8,032
11,505
Total equity
8,132
11,605

For the financial year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 24 January 2025
D J Martinez-Bernabe
Director
Company registration number 8502830 (England and Wales)
AVALARO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
- 4 -
1
Accounting policies
Company information

Avalaro Limited is a private company limited by shares incorporated in England and Wales. The registered office is 308 Ewell Road, Surbiton, Surrey, KT6 7AL.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

 

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computers
25 % on Cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
1
1
AVALARO LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
- 5 -
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 May 2023
4,771
Additions
1,842
At 30 April 2024
6,613
Depreciation and impairment
At 1 May 2023
4,373
Depreciation charged in the year
552
At 30 April 2024
4,925
Carrying amount
At 30 April 2024
1,688
At 30 April 2023
398
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
2,082
1,131
Other debtors
20,457
20,019
22,539
21,150
5
Creditors: amounts falling due within one year
2024
2023
£
£
Other creditors
18,272
15,163
6
Directors' transactions

Dividends totalling £1,000 (2023 - £2,000) were paid in the year in respect of shares held by the company's directors.

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