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REGISTERED NUMBER: 09208122 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

AVM CONSTRUCTION LTD

AVM CONSTRUCTION LTD (REGISTERED NUMBER: 09208122)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

AVM CONSTRUCTION LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: Mr A Merzhani





REGISTERED OFFICE: 31 Pembroke Road
Palmers Green
London
N13 5NR





REGISTERED NUMBER: 09208122 (England and Wales)





ACCOUNTANTS: Chris Skarparis & Co Ltd
Chartered Accountants
2nd Floor
10(b) Aldermans Hill
Palmers Green
London
N13 4PJ

AVM CONSTRUCTION LTD (REGISTERED NUMBER: 09208122)

BALANCE SHEET
31 AUGUST 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 6,133 7,755
Investments 5 50 -
6,183 7,755

CURRENT ASSETS
Stocks 6 15,600 500
Debtors 7 190,000 160,000
Cash at bank 45,749 131,970
251,349 292,470
CREDITORS
Amounts falling due within one year 8 91,287 130,431
NET CURRENT ASSETS 160,062 162,039
TOTAL ASSETS LESS CURRENT
LIABILITIES

166,245

169,794

PROVISIONS FOR LIABILITIES 10 1,533 1,939
NET ASSETS 164,712 167,855

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 12 164,612 167,755
SHAREHOLDERS' FUNDS 164,712 167,855

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

AVM CONSTRUCTION LTD (REGISTERED NUMBER: 09208122)

BALANCE SHEET - continued
31 AUGUST 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 director and authorised for issue on 24 April 2025 and were signed by:





Mr A Merzhani - Director


AVM CONSTRUCTION LTD (REGISTERED NUMBER: 09208122)

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

1. STATUTORY INFORMATION

AVM Construction Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number is 09208122 and registered office address is 31 Pembroke Road, Palmers Green, London, N13 5NR.

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 represents net invoiced sale of goods and services, excluding value added tax.

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 - 20% on reducing balance

Investments in associates
Investments in associate undertakings are recognised at cost.

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Revenue recognition
Amounts due under contracts-not yet invoiced (work in progress) are valued at the recoverable standard value of time charged by all personnel engaged in the provision of engineering services. Revenue is recognised as the contracts progress to reflect the partial performance of the contractual obligation. The amount of revenue recognised reflects the accrual of the right for consideration as contract activity progresses by reference to the value of work performed.

AVM CONSTRUCTION LTD (REGISTERED NUMBER: 09208122)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023
and 31 August 2024 14,875
DEPRECIATION
At 1 September 2023 7,120
Charge for year 1,622
At 31 August 2024 8,742
NET BOOK VALUE
At 31 August 2024 6,133
At 31 August 2023 7,755

5. FIXED ASSET INVESTMENTS
Investment
in
associate
£   
COST
At 1 September 2023
and 31 August 2024 50
NET BOOK VALUE
At 31 August 2024 50
At 31 August 2023 50

6. STOCKS
31.8.24 31.8.23
£    £   
Stocks 600 500
Work-in-progress 15,000 -
15,600 500

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Amounts owed by group undertakings 190,000 160,000

AVM CONSTRUCTION LTD (REGISTERED NUMBER: 09208122)

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

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade creditors 3 1
Tax 3,053 13,874
Social security and other taxes 820 896
VAT 7,535 2,404
Net wages to be paid 2,393 2,319
Directors' current accounts 77,483 110,937
91,287 130,431

9. DIRECTOR'S LOAN

Included in Creditors - amounts falling due within one year is a loan of £77,483 (2023 : £110,937) due to the Director. This loan is recognised at transaction price. The director pledged not to call in the director's loan due to him which is interest free and repayable on demand until the company is in a position to pay.

10. PROVISIONS FOR LIABILITIES
31.8.24 31.8.23
£    £   
Deferred tax
Accelerated capital allowances 1,533 1,939

Deferred
tax
£   
Balance at 1 September 2023 1,939
Provided during year (406 )
Balance at 31 August 2024 1,533

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
100 Ordinary £1 100 100

12. RESERVES
Retained
earnings
£   

At 1 September 2023 167,755
Profit for the year 11,857
Dividends (15,000 )
At 31 August 2024 164,612

AVM CONSTRUCTION LTD (REGISTERED NUMBER: 09208122)

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

13. RELATED PARTY DISCLOSURES

Included in debtors there is an amount of £190,000 due from AI Estate Holdings Ltd. This company is connected to AVM Construction Ltd by virtue of having directors and shareholders in common.

The company has pledged not to call in the inter-company loans totalling of £190,000 due to itself (which is interest free) for at least of 12 months or until AI Estate Holdings Ltd is in a position to pay.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
AVM CONSTRUCTION LTD

The following reproduces the text of the report prepared for the director 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 Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Avm Construction Ltd for the year ended 31 August 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Avm Construction Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Avm Construction Ltd and state those matters that we have agreed to state to the director of Avm Construction Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Avm Construction Ltd and its director for our work or for this report.

It is your duty to ensure that Avm Construction Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Avm Construction Ltd. You consider that Avm Construction Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Avm Construction Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Chris Skarparis & Co Ltd
Chartered Accountants
2nd Floor
10(b) Aldermans Hill
Palmers Green
London
N13 4PJ


24 April 2025