IRIS Accounts Production v25.1.3.33 12781101 Board of Directors Board of Directors 1.1.24 31.12.24 31.12.24 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh127811012023-12-31127811012024-12-31127811012024-01-012024-12-31127811012022-12-31127811012023-01-012023-12-31127811012023-12-3112781101ns15:EnglandWales2024-01-012024-12-3112781101ns14:PoundSterling2024-01-012024-12-3112781101ns10:Director12024-01-012024-12-3112781101ns10:Director22024-01-012024-12-3112781101ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3112781101ns10:SmallEntities2024-01-012024-12-3112781101ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3112781101ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3112781101ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3112781101ns10:FullAccounts2024-01-012024-12-3112781101ns10:RegisteredOffice2024-01-012024-12-3112781101ns5:CurrentFinancialInstruments2024-12-3112781101ns5:CurrentFinancialInstruments2023-12-3112781101ns5:ShareCapital2024-12-3112781101ns5:ShareCapital2023-12-3112781101ns5:RetainedEarningsAccumulatedLosses2024-12-3112781101ns5:RetainedEarningsAccumulatedLosses2023-12-3112781101ns5:PlantMachinery2024-01-012024-12-3112781101ns5:LandBuildingsns5:ShortLeaseholdAssets2023-12-3112781101ns5:FurnitureFittings2023-12-3112781101ns5:LandBuildingsns5:ShortLeaseholdAssets2024-01-012024-12-3112781101ns5:FurnitureFittings2024-01-012024-12-3112781101ns5:LandBuildingsns5:ShortLeaseholdAssets2024-12-3112781101ns5:FurnitureFittings2024-12-3112781101ns5:LandBuildingsns5:ShortLeaseholdAssets2023-12-3112781101ns5:FurnitureFittings2023-12-3112781101ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3112781101ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-31
REGISTERED NUMBER: 12781101 (England and Wales)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

AVC BARBERS LIMITED

AVC BARBERS LIMITED (REGISTERED NUMBER: 12781101)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AVC BARBERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: K Kyprianou
N Procopiou





REGISTERED OFFICE: 106 Chase Side
London
N14 5PH





REGISTERED NUMBER: 12781101 (England and Wales)

AVC BARBERS LIMITED (REGISTERED NUMBER: 12781101)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 54,966 56,365

CURRENT ASSETS
Stocks 311 277
Debtors 5 6,000 6,000
Cash at bank 1,236 1,737
7,547 8,014
CREDITORS
Amounts falling due within one year 6 62,265 63,959
NET CURRENT LIABILITIES (54,718 ) (55,945 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

248

420

CAPITAL AND RESERVES
Called up share capital 2 2
Profit and loss account 246 418
SHAREHOLDERS' FUNDS 248 420

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 23 May 2025 and were signed on its behalf by:




K Kyprianou - Director



N Procopiou - Director


AVC BARBERS LIMITED (REGISTERED NUMBER: 12781101)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

Avc Barbers Limited 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. 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.

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 - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 2 ).

AVC BARBERS LIMITED (REGISTERED NUMBER: 12781101)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Short and
leasehold fittings Totals
£    £    £   
COST
At 1 January 2024 48,369 12,494 60,863
Additions - 250 250
At 31 December 2024 48,369 12,744 61,113
DEPRECIATION
At 1 January 2024 - 4,498 4,498
Charge for year - 1,649 1,649
At 31 December 2024 - 6,147 6,147
NET BOOK VALUE
At 31 December 2024 48,369 6,597 54,966
At 31 December 2023 48,369 7,996 56,365

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 6,000 6,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 2,164 1,916
Other creditors 60,101 62,043
62,265 63,959