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Company Registration No. 12178780 (England and Wales)
AVALON HOMES LTD Unaudited accounts for the year ended 31 August 2024
AVALON HOMES LTD Unaudited accounts Contents
Page
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AVALON HOMES LTD Company Information for the year ended 31 August 2024
Directors
Warren Matthew Davison Wood James Kieron Baker
Company Number
12178780 (England and Wales)
Registered Office
66 LIONS LANE ASHLEY HEATH RINGWOOD BH24 2HN ENGLAND
Accountants
JSM Partners Brightfield Business Hub Bakewell Road Peterborough Cambridgeshire PE2 6XU
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AVALON HOMES LTD Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
67,578 
13,295 
Investment property
2,489,583 
2,007,718 
Investments
238,584 
- 
2,795,745 
2,021,013 
Current assets
Debtors
9,550 
2,775 
Cash at bank and in hand
90,927 
92,552 
100,477 
95,327 
Creditors: amounts falling due within one year
(1,114,006)
(989,353)
Net current liabilities
(1,013,529)
(894,026)
Total assets less current liabilities
1,782,216 
1,126,987 
Creditors: amounts falling due after more than one year
(1,709,730)
(843,581)
Provisions for liabilities
Deferred tax
(255,466)
(200,592)
Net (liabilities)/assets
(182,980)
82,814 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(182,982)
82,812 
Shareholders' funds
(182,980)
82,814 
For the year ending 31 August 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 January 2025 and were signed on its behalf by
Warren Matthew Davison Wood Director Company Registration No. 12178780
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AVALON HOMES LTD Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
AVALON HOMES LTD is a private company, limited by shares, registered in England and Wales, registration number 12178780. The registered office is 66 LIONS LANE, ASHLEY HEATH, RINGWOOD, BH24 2HN, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25%
Motor vehicles
20%
Fixtures & fittings
25%
Computer equipment
25%
Other tangible fixed assets
25%
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AVALON HOMES LTD Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2023
- 
18,323 
200 
18,523 
Additions
49,500 
8,275 
- 
57,775 
At 31 August 2024
49,500 
26,598 
200 
76,298 
Depreciation
At 1 September 2023
- 
5,226 
2 
5,228 
Charge for the year
2,882 
560 
50 
3,492 
At 31 August 2024
2,882 
5,786 
52 
8,720 
Net book value
At 31 August 2024
46,618 
20,812 
148 
67,578 
At 31 August 2023
- 
13,097 
198 
13,295 
5
Investment property
2024 
£ 
Fair value at 1 September 2023
2,007,718 
Additions
481,865 
At 31 August 2024
2,489,583 
6
Investments
Subsidiary undertakings 
£ 
Valuation at 1 September 2023
- 
Fair value adjustments
238,584 
Valuation at 31 August 2024
238,584 
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
500 
- 
Other debtors
9,050 
2,775 
9,550 
2,775 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
1,231 
(734)
Other creditors
257,881 
240,002 
Loans from directors
854,894 
750,085 
1,114,006 
989,353 
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AVALON HOMES LTD Notes to the Accounts for the year ended 31 August 2024
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,569,690 
688,541 
Other creditors
140,040 
155,040 
1,709,730 
843,581 
10
Loans to directors
During the year loans totalling £854,894 were received from the directors. These remain outstanding at the year end and interest has been charged.
11
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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