AVID SOLUTIONS CONSULTING LIMITED

Company Registration Number:
09732756 (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

AVID SOLUTIONS CONSULTING LIMITED

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

AVID SOLUTIONS CONSULTING LIMITED

Company Information

for the Period Ended 31 August 2024




Director: Akinjide Olaiwola Vincent
Registered office: 128
City Road
London
England
EC1V 2NX
Company Registration Number: 09732756 (England and Wales)

AVID SOLUTIONS CONSULTING LIMITED

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

Directors

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

This report was approved by the board of directors on 28 May 2025
And Signed On Behalf Of The Board By:

Name: Akinjide Olaiwola Vincent
Status: Director

AVID SOLUTIONS CONSULTING LIMITED

Profit and Loss Account

for the Period Ended 31 August 2024


Notes

2024
£

2023
£
Turnover 118,969 18,165
Cost of sales ( 26,870 ) ( 4,326 )
Gross Profit or (Loss) 92,099 13,839
Administrative Expenses ( 48,376 ) ( 16,017 )
Operating Profit or (Loss) 43,723 ( 2,178 )
Profit or (Loss) Before Tax 43,723 ( 2,178 )
Tax on Profit ( 2,948 ) -
Profit or (Loss) for Period 40,775 ( 2,178 )

The notes form part of these financial statements

AVID SOLUTIONS CONSULTING LIMITED

Balance sheet

As at 31 August 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 1,540 2,340
Total fixed assets: 1,540 2,340
Current assets
Debtors: 5 24,017
Cash at bank and in hand: 5,745 613
Total current assets: 29,762 613
Creditors: amounts falling due within one year: 6 ( 29,526 ) ( 31,952 )
Net current assets (liabilities): 236 ( 31,339 )
Total assets less current liabilities: 1,776 ( 28,999 )
Total net assets (liabilities): 1,776 ( 28,999 )

The notes form part of these financial statements

AVID SOLUTIONS CONSULTING LIMITED

Balance sheet continued

As at 31 August 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 1,766 ( 29,009 )
Shareholders funds: 1,776 ( 28,999 )

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 28 May 2025
And Signed On Behalf Of The Board By:

Name: Akinjide Olaiwola Vincent
Status: Director

The notes form part of these financial statements

AVID SOLUTIONS CONSULTING LIMITED

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

AVID SOLUTIONS CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

AVID SOLUTIONS CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 3. Off balance sheet disclosure

    No

AVID SOLUTIONS CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Tangible assets

Office equipment Total
Cost £ £
At 01 September 2023 7,140 7,140
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 August 2024 7,140 7,140
Depreciation
At 01 September 2023 4,800 4,800
Charge for year 800 800
On disposals - -
Other adjustments - -
At 31 August 2024 5,600 5,600
Net book value
At 31 August 2024 1,540 1,540
At 31 August 2023 2,340 2,340

AVID SOLUTIONS CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Debtors


2024
£

2023
£
Other debtors 24,017
Total 24,017

AVID SOLUTIONS CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 26,578 30,272
Taxation and social security 2,948 1,680
Total 29,526 31,952