Registered number
07427669
AVONDROVE LTD
Filleted Accounts
31 May 2024
AVONDROVE LTD
Registered number: 07427669
Balance Sheet
as at 31 May 2024
Notes 2024 2023
£ £
Fixed assets
Investments 3 150,000 100,000
Current assets
Cash at bank and in hand 1,692 7,753
Creditors: amounts falling due within one year 4 (27,699) (38,312)
Net current liabilities (26,007) (30,559)
Net assets 123,993 69,441
Capital and reserves
Called up share capital 10 10
Profit and loss account 123,983 69,431
Shareholder's funds 123,993 69,441
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Sukhbinder Kaur Dhut
Director
Approved by the board on 21 January 2025
AVONDROVE LTD
Notes to the Accounts
for the year ended 31 May 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Investments
Other
investments
£
Cost
At 1 June 2023 100,000
Additions 50,000
At 31 May 2024 150,000
4 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 8,690 12,515
Taxation and social security costs 14,567 23,311
Other creditors 4,442 2,486
27,699 38,312
5 Other information
AVONDROVE LTD is a private company limited by shares and incorporated in England. Its registered office is:
Sinckot House
211 Station Road
Harrow
England
HA1 2TP
AVONDROVE LTD 07427669 false 2023-06-01 2024-05-31 2024-05-31 VT Final Accounts July 2024 Sukhbinder Kaur Dhut No description of principal activity 07427669 2022-06-01 2023-05-31 07427669 core:WithinOneYear 2023-05-31 07427669 core:ShareCapital 2023-05-31 07427669 core:RetainedEarningsAccumulatedLosses 2023-05-31 07427669 2023-06-01 2024-05-31 07427669 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 07427669 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 07427669 bus:Director40 2023-06-01 2024-05-31 07427669 2 2023-06-01 2024-05-31 07427669 countries:England 2023-06-01 2024-05-31 07427669 bus:FRS102 2023-06-01 2024-05-31 07427669 bus:FilletedAccounts 2023-06-01 2024-05-31 07427669 2024-05-31 07427669 core:WithinOneYear 2024-05-31 07427669 core:ShareCapital 2024-05-31 07427669 core:RetainedEarningsAccumulatedLosses 2024-05-31 07427669 core:AdditionsToInvestments 2024-05-31 07427669 2023-05-31 iso4217:GBP xbrli:pure