Acorah Software Products - Accounts Production 16.1.300 false true 31 July 2023 1 August 2022 false 1 August 2023 31 January 2025 31 January 2025 02213707 Mr Nigel Allison Mrs Sarah Allison iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02213707 2023-07-31 02213707 2025-01-31 02213707 2023-08-01 2025-01-31 02213707 frs-core:PlantMachinery 2025-01-31 02213707 frs-core:PlantMachinery 2023-08-01 2025-01-31 02213707 frs-core:PlantMachinery 2023-07-31 02213707 frs-core:ShareCapital 2025-01-31 02213707 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 02213707 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2025-01-31 02213707 frs-bus:FilletedAccounts 2023-08-01 2025-01-31 02213707 frs-bus:SmallEntities 2023-08-01 2025-01-31 02213707 frs-bus:AuditExemptWithAccountantsReport 2023-08-01 2025-01-31 02213707 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2025-01-31 02213707 frs-bus:Director1 2023-08-01 2025-01-31 02213707 frs-bus:CompanySecretary1 2023-08-01 2025-01-31 02213707 frs-countries:EnglandWales 2023-08-01 2025-01-31 02213707 2022-07-31 02213707 2023-07-31 02213707 2022-08-01 2023-07-31 02213707 frs-core:CurrentFinancialInstruments 2023-07-31 02213707 frs-core:ShareCapital 2023-07-31 02213707 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 02213707
Associated Vehicle Industries (A.V.I.) Limited
Unaudited Financial Statements
For the Period 1 August 2023 to 31 January 2025
Myfi Group Limited
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Accountant's Report
Chartered Accountant's report to the director on the preparation of the unaudited statutory accounts of Associated Vehicle Industries (A.V.I.) Limited for the period 1 August 2023 to 31 January 2025
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Associated Vehicle Industries (A.V.I.) Limited for the period 1 August 2023 to 31 January 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the director of Associated Vehicle Industries (A.V.I.) Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Associated Vehicle Industries (A.V.I.) Limited and state those matters that we have agreed to state to the director of Associated Vehicle Industries (A.V.I.) Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Associated Vehicle Industries (A.V.I.) Limited and its director, as a body, for our work or for this report.
It is your duty to ensure that Associated Vehicle Industries (A.V.I.) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Associated Vehicle Industries (A.V.I.) Limited . You consider that Associated Vehicle Industries (A.V.I.) Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit of the accounts of Associated Vehicle Industries (A.V.I.) Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
07/03/2025
Myfi Group Limited
5 Mursley Road
Swanbourne
Milton Keynes
MK17 0SH
Page 1
Page 2
Balance Sheet
Registered number: 02213707
31 January 2025 31 July 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 491
- 491
CURRENT ASSETS
Stocks 5 - 867,218
Debtors 6 - 1,359
Cash at bank and in hand - 6,096
- 874,673
Creditors: Amounts Falling Due Within One Year 7 - (468,832 )
NET CURRENT ASSETS (LIABILITIES) - 405,841
TOTAL ASSETS LESS CURRENT LIABILITIES - 406,332
NET ASSETS - 406,332
CAPITAL AND RESERVES
Called up share capital 8 615,876 615,876
Profit and Loss Account (615,876 ) (209,544 )
SHAREHOLDERS' FUNDS - 406,332
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Page 3
For the period ending 31 January 2025 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Nigel Allison
Director
10/03/2025
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Associated Vehicle Industries (A.V.I.) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02213707 . The registered office is Unit 8 Rook Tree Business Park , Rook Tree Farm, Hulcote, Milton Keynes, Bedfordshire, MK17 8BW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% on cost
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 August 2023 5,763
Disposals (5,763 )
As at 31 January 2025 -
Depreciation
As at 1 August 2023 5,272
Provided during the period 491
Disposals (5,763 )
As at 31 January 2025 -
Net Book Value
As at 31 January 2025 -
As at 1 August 2023 491
5. Stocks
31 January 2025 31 July 2023
£ £
Stock - 867,218
Page 4
Page 5
6. Debtors
31 January 2025 31 July 2023
£ £
Due within one year
Trade debtors - 1,359
7. Creditors: Amounts Falling Due Within One Year
31 January 2025 31 July 2023
£ £
Trade creditors - 239
Other creditors - 468,562
Taxation and social security - 31
- 468,832
8. Share Capital
31 January 2025 31 July 2023
£ £
Allotted, Called up and fully paid 615,876 615,876
9. Final Set of Accounts
The financial statements presented in these statutory accounts represent the final set of accounts for the reporting period.
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