AB Audio Visual Ltd 04380312 Installation Audio Visual Equipment false 1 May 2023 04380312 2023-05-01 2024-04-30 04380312 2023-04-30 04380312 2024-04-30 04380312 2022-05-01 2023-04-30 04380312 2022-04-30 04380312 2023-04-30 04380312 frs102-bus:FRS102 2023-05-01 2024-04-30 04380312 frs102-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 04380312 frs102-bus:FullAccounts 2023-05-01 2024-04-30 04380312 frs102-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 04380312 frs102-core:CurrentFinancialInstruments 2024-04-30 04380312 frs102-core:CurrentFinancialInstruments 2023-04-30 04380312 frs102-core:Non-currentFinancialInstruments 2024-04-30 04380312 frs102-core:Non-currentFinancialInstruments 2023-04-30 04380312 frs102-core:ShareCapital 2024-04-30 04380312 frs102-core:ShareCapital 2023-04-30 04380312 frs102-core:RetainedEarningsAccumulatedLosses 2024-04-30 04380312 frs102-core:RetainedEarningsAccumulatedLosses 2023-04-30 04380312 frs102-bus:Director1 2023-05-01 2024-04-30 04380312 frs102-core:OfficeEquipment 2023-05-01 2024-04-30 04380312 frs102-core:Vehicles 2023-05-01 2024-04-30 04380312 frs102-core:PlantMachinery 2023-05-01 2024-04-30 04380312 frs102-core:OfficeEquipment 2023-04-30 04380312 frs102-core:Vehicles 2023-04-30 04380312 frs102-core:PlantMachinery 2023-04-30 04380312 frs102-core:OfficeEquipment 2024-04-30 04380312 frs102-core:Vehicles 2024-04-30 04380312 frs102-core:PlantMachinery 2024-04-30 04380312 frs102-core:OfficeEquipment 2023-04-30 04380312 frs102-core:Vehicles 2023-04-30 04380312 frs102-core:PlantMachinery 2023-04-30 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
04380312
AB Audio Visual Ltd
Unaudited Accounts
for the year ended
30 April 2024
AB Audio Visual Ltd
Balance Sheet
as at 30 April 2024
Notes
2024
£
2023
£
Fixed assets
Tangible assets 3 11,655 13,790
11,655 13,790
Current assets
Stocks 15,000 17,074
Debtors 57,462 56,231
Cash at bank and in hand 25,432 35,766
97,894 109,071
Prepayments and accrued income: 3,882 2,539
Creditors: amounts falling due within one year (27,453) (58,902)
Net current assets / (liabilities) 74,323 52,708
Total assets less current liabilities 85,978 66,498
Creditors: amounts falling due after more than one year (107,086) (81,669)
Provisions for liabilities (7,678) (8,164)
Accruals and deferred income (1,000) (1,300)
Total net assets (liabilities) (29,786) (24,635)
Capital and reserves
Called up share capital 204 204
Profit and loss account (29,990) (24,839)
Shareholders' funds (29,786) (24,635)

AB Audio Visual Ltd
Balance Sheet
as at 30 April 2024



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 30 April 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of directors

...............................

Mr K Hirani

Director


Approved by the board on 31 January 2024

Company Number: 04380312 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

Unit 7, 96g
New Drove
Wisbech
PE13 2RZ
England

AB Audio Visual Ltd
Notes to the Accounts
for the year ended 30 April 2024

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Office equipment 18% Reducing Balance
Vehicles 18% Reducing Balance
Plant & machinery 18% Reducing Balance
Stocks
Stocks are valued at the lower of cost and net realisable value after taking into account costs of completion and sale. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. The amount of any write-down to net realisable value, and all losses of stock, are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down is recognised as a reduction in the amount of stock expensed in the period in which the reversal occurs.
Leases and hire purchase contracts
Assets obtained under hire purchase contracts are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful economic lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are are included in creditors net of finance charges allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period. Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account on a straight line basis over the lease term.
2. Employees
2024 2023
Average number of employees during the period 4 4

3. Tangible fixed assets
Office equipment Vehicles Plant & machinery Total
Cost or valuation £ £ £ £
At 1 May 2023 36,378 150,939 16,146 203,463
Additions 0 0 422 422
At 30 April 2024 36,378 150,939 16,568 203,885
Depreciation
At 1 May 2023 33,973 139,874 15,826 189,673
Charge for the period 433 1,991 133 2,557
At 30 April 2024 34,406 141,865 15,959 192,230
Net book value
At 30 April 2024 1,972 9,074 609 11,655
At 30 April 2023 2,405 11,065 320 13,790