IRIS Accounts Production v25.1.3.33 15435524 Board of Directors 23.1.24 31.1.25 31.1.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh154355242024-01-22154355242025-01-31154355242024-01-232025-01-31154355242024-01-2215435524ns15:EnglandWales2024-01-232025-01-3115435524ns14:PoundSterling2024-01-232025-01-3115435524ns10:Director12024-01-232025-01-3115435524ns10:PrivateLimitedCompanyLtd2024-01-232025-01-3115435524ns10:SmallEntities2024-01-232025-01-3115435524ns10:AuditExempt-NoAccountantsReport2024-01-232025-01-3115435524ns10:SmallCompaniesRegimeForDirectorsReport2024-01-232025-01-3115435524ns10:SmallCompaniesRegimeForAccounts2024-01-232025-01-3115435524ns10:AbridgedAccounts2024-01-232025-01-3115435524ns10:Director22024-01-232025-01-3115435524ns10:Director32024-01-232025-01-3115435524ns10:RegisteredOffice2024-01-232025-01-3115435524ns5:CurrentFinancialInstruments2025-01-3115435524ns5:Non-currentFinancialInstruments2025-01-3115435524ns5:ShareCapital2025-01-3115435524ns5:RetainedEarningsAccumulatedLosses2025-01-3115435524ns5:PlantMachinery2024-01-232025-01-31
REGISTERED NUMBER: 15435524 (England and Wales)















Avalon Construction Ltd

Unaudited Financial Statements

for the Period 23 January 2024 to 31 January 2025






Avalon Construction Ltd (Registered number: 15435524)






Contents of the Financial Statements
for the Period 23 January 2024 to 31 January 2025




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


Avalon Construction Ltd

Company Information
for the Period 23 January 2024 to 31 January 2025







DIRECTORS: S P Fudge
Mrs E L Fudge
J M Lovell



REGISTERED OFFICE: 4 King Square
Bridgwater
Somerset
TA6 3YF



REGISTERED NUMBER: 15435524 (England and Wales)



ACCOUNTANTS: Maxwells
Chartered Accountants
4 King Square
Bridgwater
Somerset
TA6 3YF



BANKERS: Revolut Ltd
7 Westferry Circus
Canary Wharf
London
E14 4HD

Avalon Construction Ltd (Registered number: 15435524)

Abridged Statement of Financial Position
31 January 2025

Notes £    £   
FIXED ASSETS
Tangible assets 5 92,976

CURRENT ASSETS
Debtors 105,734
Cash at bank 3,813
109,547
CREDITORS
Amounts falling due within one year 85,898
NET CURRENT ASSETS 23,649
TOTAL ASSETS LESS CURRENT
LIABILITIES

116,625

CREDITORS
Amounts falling due after more than one year (50,724 )

PROVISIONS FOR LIABILITIES (5,944 )
NET ASSETS 59,957

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 59,857
SHAREHOLDERS' FUNDS 59,957

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2025 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.

Avalon Construction Ltd (Registered number: 15435524)

Abridged Statement of Financial Position - continued
31 January 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Financial Position for the period ended 31 January 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 April 2025 and were signed on its behalf by:





S P Fudge - Director


Avalon Construction Ltd (Registered number: 15435524)

Notes to the Financial Statements
for the Period 23 January 2024 to 31 January 2025

1. STATUTORY INFORMATION

Avalon Construction Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost, 25% on reducing balance and 15% on reducing balance

Taxation
Taxation for the period 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

Avalon Construction Ltd (Registered number: 15435524)

Notes to the Financial Statements - continued
for the Period 23 January 2024 to 31 January 2025

3. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 122,376
At 31 January 2025 122,376
DEPRECIATION
Charge for period 29,400
At 31 January 2025 29,400
NET BOOK VALUE
At 31 January 2025 92,976

Fixed assets, included in the above, which are held under finance leases are as follows:

Totals
£   
COST
Additions 92,270
At 31 January 2025 92,270
DEPRECIATION
Charge for period 23,068
At 31 January 2025 23,068
NET BOOK VALUE
At 31 January 2025 69,202

Avalon Construction Ltd (Registered number: 15435524)

Notes to the Financial Statements - continued
for the Period 23 January 2024 to 31 January 2025

6. SECURED DEBTS

The following secured debts are included within creditors:

£   
Finance leases 66,397

Finance lease liabilities are secured against the financed assets.