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REGISTERED NUMBER: SC468715 (Scotland)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Avenue Care Services Limited

Avenue Care Services Limited (Registered number: SC468715)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Avenue Care Services Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: I M Campbell
Mrs F Davidson





REGISTERED OFFICE: 18a Dickson Street
Dunfermline
Fife
KY12 7SL





REGISTERED NUMBER: SC468715 (Scotland)





ACCOUNTANTS: Wallace White Accountants
2nd Floor
22-24 Blythswood Square
Glasgow
G2 4BG

Avenue Care Services Limited (Registered number: SC468715)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 772,134 762,718

CURRENT ASSETS
Debtors 5 831,122 1,064,475
Cash at bank 60,006 51,562
891,128 1,116,037
CREDITORS
Amounts falling due within one year 6 750,923 1,190,358
NET CURRENT ASSETS/(LIABILITIES) 140,205 (74,321 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

912,339

688,397

CREDITORS
Amounts falling due after more than one year 7 176,515 214,028
NET ASSETS 735,824 474,369

CAPITAL AND RESERVES
Called up share capital 10 10
Revaluation reserve 8 153,477 153,477
Retained earnings 582,337 320,882
SHAREHOLDERS' FUNDS 735,824 474,369

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Avenue Care Services Limited (Registered number: SC468715)

Balance Sheet - continued
30 June 2024


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 Board of Directors and authorised for issue on 31 March 2025 and were signed on its behalf by:





I M Campbell - Director


Avenue Care Services Limited (Registered number: SC468715)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Avenue Care Services Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on reducing balance

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 or deferred taxation assets and liabilities are not discounted.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2023 - 19 ) .

Avenue Care Services Limited (Registered number: SC468715)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 July 2023 750,000 60,204 810,204
Additions - 20,505 20,505
At 30 June 2024 750,000 80,709 830,709
DEPRECIATION
At 1 July 2023 - 47,486 47,486
Charge for year - 11,089 11,089
At 30 June 2024 - 58,575 58,575
NET BOOK VALUE
At 30 June 2024 750,000 22,134 772,134
At 30 June 2023 750,000 12,718 762,718

Cost or valuation at 30 June 2024 is represented by:

Land and
buildings
£   
Valuation in 2022 153,477
Cost 596,523
750,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 514,035 508,921
Other debtors 317,087 555,554
831,122 1,064,475

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 119,083 460,721
Trade creditors 119,635 118,314
Taxation and social security 239,825 203,239
Other creditors 272,380 408,084
750,923 1,190,358

Avenue Care Services Limited (Registered number: SC468715)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans 176,515 214,028

8. RESERVES
Revaluation
reserve
£   
At 1 July 2023
and 30 June 2024 153,477

Avenue Care Services Limited

Report of the Accountants to the Directors of
Avenue Care Services Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 June 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Wallace White Accountants
2nd Floor
22-24 Blythswood Square
Glasgow
G2 4BG


31 March 2025