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REGISTERED NUMBER: NI667822 (Northern Ireland)















AVRIO ENVIRONMENTAL MANAGEMENT LIMITED

Unaudited Financial Statements for the Year Ended 29 February 2024






AVRIO ENVIRONMENTAL MANAGEMENT LIMITED (REGISTERED NUMBER: NI667822)






Contents of the Financial Statements
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


AVRIO ENVIRONMENTAL MANAGEMENT LIMITED

Company Information
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTOR: Fergal Joseph Maguire





REGISTERED OFFICE: Unit 5
Abbey House Business Centre
11 Head Street
Enniskillen
Co. Fermanagh
BT74 7JL





REGISTERED NUMBER: NI667822 (Northern Ireland)





ACCOUNTANTS: CavanaghKelly
Chartered Accountants
36-38 Northland Row
Dungannon
Co. Tyrone
BT71 6AP

AVRIO ENVIRONMENTAL MANAGEMENT LIMITED (REGISTERED NUMBER: NI667822)

Statement of Financial Position
29 FEBRUARY 2024

2024 2023
Notes £ £
NON-CURRENT ASSETS
Tangible assets 5 75,380 38,206

CURRENT ASSETS
Receivables: amounts falling due within
one year

6

68,668

35,167
Cash at bank and in hand 21,266 10,917
89,934 46,084
PAYABLES
Amounts falling due within one year 7 (115,398 ) (40,721 )
NET CURRENT (LIABILITIES)/ASSETS (25,464 ) 5,363
TOTAL ASSETS LESS CURRENT
LIABILITIES

49,916

43,569

PAYABLES
Amounts falling due after more than
one year

8

(7,730

)

(10,049

)
NET ASSETS 42,186 33,520

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 42,086 33,420
42,186 33,520

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the Company to obtain an audit of its financial statements for the year ended 29 February 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.

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 28 November 2024 and were signed by:




Fergal Joseph Maguire - Director


AVRIO ENVIRONMENTAL MANAGEMENT LIMITED (REGISTERED NUMBER: NI667822)

Notes to the Financial Statements
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

Avrio Environmental Management Limited is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The accounts are prepared under the historical cost convention modified when necessary to include the revaluation of certain fixed assets.

Revenue
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Cash flow statement
The company has availed of the exemption in FRS 102 Section 1A from the requirement to prepare a Statement of Cash Flows because it is classified as a small company.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 3 ) .

AVRIO ENVIRONMENTAL MANAGEMENT LIMITED (REGISTERED NUMBER: NI667822)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£ £ £ £
COST
At 1 March 2023 34,810 6,478 - 41,288
Additions 20,630 6,199 21,792 48,621
At 29 February 2024 55,440 12,677 21,792 89,909
DEPRECIATION
At 1 March 2023 1,079 2,003 - 3,082
Charge for year 9,125 1,798 524 11,447
At 29 February 2024 10,204 3,801 524 14,529
NET BOOK VALUE
At 29 February 2024 45,236 8,876 21,268 75,380
At 28 February 2023 33,731 4,475 - 38,206

6. RECEIVABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 64,384 32,590
Other debtors 4,284 2,577
68,668 35,167

7. PAYABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade payables 27,797 1,684
Taxation and social security 2,364 2,261
Other payables 85,237 36,776
115,398 40,721

8. PAYABLES: AMOUNTS FALLING DUE AFTER ONE YEAR
2024 2023
£ £
Bank loans 7,730 10,049