Company Registration No. 04825738 (England and Wales)
AV sales (Europe) Limited
Unaudited accounts
for the year ended 31 March 2025
AV sales (Europe) Limited
Unaudited accounts
Contents
AV sales (Europe) Limited
Company Information
for the year ended 31 March 2025
Directors
Neal Rajdev
Mahesh Rajdev
Ikhwan Jang
Company Number
04825738 (England and Wales)
Registered Office
8 Pinner View
Harrow
Middlesex
HA1 4QA
UK
Accountants
A J Shah and Company
8 Pinner View
Harrow
Middlesex
HA1 4QA
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of AV sales (Europe) Limited for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
AV sales (Europe) Limited for the year ended
31 March 2025 as set out on pages
5 -
7 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 at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
A J Shah and Company
Chartered Accountants
8 Pinner View
Harrow
Middlesex
HA1 4QA
4 June 2025
AV sales (Europe) Limited
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
29,029
66,318
Creditors: amounts falling due within one year
(95,928)
(95,044)
Net current assets
25,790
25,561
Total assets less current liabilities
25,790
25,561
Creditors: amounts falling due after more than one year
(24,264)
(28,720)
Net assets/(liabilities)
1,526
(3,159)
Called up share capital
30
30
Profit and loss account
1,496
(3,189)
Shareholders' funds
1,526
(3,159)
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 June 2025 and were signed on its behalf by
Ikhwan Jang
Director
Company Registration No. 04825738
AV sales (Europe) Limited
Notes to the Accounts
for the year ended 31 March 2025
AV sales (Europe) Limited is a private company, limited by shares, registered in England and Wales, registration number 04825738. The registered office is 8 Pinner View, Harrow, Middlesex, HA1 4QA, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 March 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings
AV sales (Europe) Limited
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Trade debtors
20,509
28,868
Amounts due from group undertakings etc.
32,535
32,535
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
9,996
9,996
Trade creditors
27,399
20,305
Taxes and social security
1,099
1,044
Loans from directors
55,269
61,659
Amounts due to directors at the balance sheet date is £55,269, (2024: £61,659). The balance arose as a series of small loans. During the period expenses were paid by the director on behalf of the business and were subsequently reimbursed.
Ultimate Controlling Party is Mr Ikhwan Jang, Mr Neal Rajdev and Mr Mahesh Rajdev.
7
Creditors: amounts falling due after more than one year
2025
2024
Amounts due to directors at the balance sheet date is £55,269, (2024: £61,659). The balance arose as a series of small loans. During the period expenses were paid by the director on behalf of the business and were subsequently reimbursed.
Ultimate Controlling Party is Mr Ikhwan Jang, Mr Neal Rajdev and Mr Mahesh Rajdev.
9
Average number of employees
During the year the average number of employees was 6 (2024: 6).