AVOBAR LTD

Company Registration Number:
10931246 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

AVOBAR LTD

Contents of the Financial Statements

for the Period Ended 31 August 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

AVOBAR LTD

Company Information

for the Period Ended 31 August 2024




Director: Liana Kazaryan
Registered office: 2
Oak Hill Grove
Surbiton
England
KT6 6DS
Company Registration Number: 10931246 (England and Wales)

AVOBAR LTD

Directors' Report Period Ended 31 August 2024

The directors present their report with the financial statements of the company for the period ended 31 August 2024

Principal Activities

The principal activity of the company is the operation of a restaurant

Political and charitable donations

During the period no political or charitable donations were made

Directors

The directors shown below have held office during the whole of the period from 01 September 2023 to 31 August 2024
Liana Kazaryan

This report was approved by the board of directors on 20 May 2025
And Signed On Behalf Of The Board By:

Name: Liana Kazaryan
Status: Director

AVOBAR LTD

Profit and Loss Account

for the Period Ended 31 August 2024


Notes

2024
£

2023
£
Turnover 686,831 1,066,279
Cost of sales ( 276,959 ) ( 376,996 )
Gross Profit or (Loss) 409,872 689,283
Administrative Expenses ( 847,636 ) ( 1,036,693 )
Operating Profit or (Loss) ( 437,764 ) ( 347,410 )
Profit or (Loss) Before Tax ( 437,764 ) ( 347,410 )
Profit or (Loss) for Period ( 437,764 ) ( 347,410 )

The notes form part of these financial statements

AVOBAR LTD

Balance sheet

As at 31 August 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 228,481 240,155
Total fixed assets: 228,481 240,155
Current assets
Stocks: 11,491 11,491
Debtors: 5 1,606,905 1,602,332
Cash at bank and in hand: 13,172 9,561
Total current assets: 1,631,568 1,623,384
Creditors: amounts falling due within one year: 6 ( 1,385,818 ) ( 1,020,202 )
Net current assets (liabilities): 245,750 603,182
Total assets less current liabilities: 474,231 843,337
Creditors: amounts falling due after more than one year: 7 ( 1,826,762 ) ( 1,758,104 )
Total net assets (liabilities): ( 1,352,531 ) ( 914,767 )

The notes form part of these financial statements

AVOBAR LTD

Balance sheet continued

As at 31 August 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 1,352,631 ) ( 914,867 )
Shareholders funds: ( 1,352,531 ) ( 914,767 )

For the year ending 31 August 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 20 May 2025
And Signed On Behalf Of The Board By:

Name: Liana Kazaryan
Status: Director

The notes form part of these financial statements

AVOBAR LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

AVOBAR LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 20 26

AVOBAR LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 3. Off balance sheet disclosure

    No

AVOBAR LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Tangible assets

Plant & machinery Fixtures & fittings Office equipment Total
Cost £ £ £ £
At 01 September 2023 455,911 36,986 155,430 648,327
Additions 23,418 15,905 11,869 51,192
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 31 August 2024 479,329 52,891 167,299 699,519
Depreciation
At 01 September 2023 228,391 36,986 142,795 408,172
Charge for year 51,538 3,952 7,376 62,866
On disposals - - - -
Other adjustments - - - -
At 31 August 2024 279,929 40,938 150,171 471,038
Net book value
At 31 August 2024 199,400 11,953 17,128 228,481
At 31 August 2023 227,520 0 12,635 240,155

AVOBAR LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Debtors


2024
£

2023
£
Trade debtors 0 27
Other debtors 1,606,905 1,602,305
Total 1,606,905 1,602,332
Debtors due after more than one year: 1,606,905 1,602,305

AVOBAR LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 414,954 274,334
Taxation and social security 245,428 311,159
Other creditors 725,436 434,709
Total 1,385,818 1,020,202

AVOBAR LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 260,898 352,980
Other creditors 1,565,864 1,405,124
Total 1,826,762 1,758,104