Silverfin false false 31/12/2024 01/01/2024 31/12/2024 A J A Donald 23/08/2018 S B Male 23/08/2018 19 March 2025 The principal activity of the company during the year was that of commercial property management. On 30 September 2024 the company's trade was transferred to its parent entity Woolley & Wallis LLP. The directors intend to dissolve the company within the next 12 months. 03276583 2024-12-31 03276583 bus:Director1 2024-12-31 03276583 bus:Director2 2024-12-31 03276583 core:CurrentFinancialInstruments 2024-12-31 03276583 core:CurrentFinancialInstruments 2023-12-31 03276583 2023-12-31 03276583 core:ShareCapital 2024-12-31 03276583 core:ShareCapital 2023-12-31 03276583 core:RetainedEarningsAccumulatedLosses 2024-12-31 03276583 core:RetainedEarningsAccumulatedLosses 2023-12-31 03276583 2024-01-01 2024-12-31 03276583 bus:FilletedAccounts 2024-01-01 2024-12-31 03276583 bus:SmallEntities 2024-01-01 2024-12-31 03276583 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 03276583 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 03276583 bus:Director1 2024-01-01 2024-12-31 03276583 bus:Director2 2024-01-01 2024-12-31 03276583 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Company No: 03276583 (England and Wales)

AVON MANAGEMENT LIMITED

Unaudited Financial Statements
For the financial year ended 31 December 2024
Pages for filing with the registrar

AVON MANAGEMENT LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2024

Contents

AVON MANAGEMENT LIMITED

BALANCE SHEET

As at 31 December 2024
AVON MANAGEMENT LIMITED

BALANCE SHEET (continued)

As at 31 December 2024
Note 2024 2023
£ £
Current assets
Debtors 3 0 916
Cash at bank and in hand 12,719 14,324
12,719 15,240
Creditors: amounts falling due within one year 4 ( 27) ( 6,186)
Net current assets 12,692 9,054
Total assets less current liabilities 12,692 9,054
Net assets 12,692 9,054
Capital and reserves
Called-up share capital 2 2
Profit and loss account 12,690 9,052
Total shareholder's funds 12,692 9,054

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Avon Management Limited (registered number: 03276583) were approved and authorised for issue by the Board of Directors on 19 March 2025. They were signed on its behalf by:

S B Male
Director
AVON MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
AVON MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Avon Management Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 51-61 Castle Street, Salisbury, SP1 3SU, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

On 30 September 2024 the company's trade was transferred up to its parent entity Woolley & Wallis LLP. The directors intend to declare a final dividend to distribute all reserves to its parent entity and dissolve the company within the next 12 months. Accordingly these financial statements have not been prepared on the going concern basis.

Turnover

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Debtors

2024 2023
£ £
Other debtors 0 916

4. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 0 3,768
Taxation and social security 27 509
Other creditors 0 1,909
27 6,186