| Registered Number:08857092 |
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2024
AVA EVENT STYLING LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
AVA EVENT STYLING LTD
Statement of Financial Position
2023
2024
| Property, plant and equipment |
38,232
35,901
2
38,232
35,901
1,503
| Cash and cash equivalents |
3,869
3,869
1,503
| Trade and other payables: amounts falling due within one |
| year |
(24,187)
(11,353)
3
(22,684)
(7,484)
Net current liabilities
| Total assets less current liabilities |
30,748
13,217
| Trade and other payables: amounts falling due after more |
| than one year |
-
(17,778)
4
(3,877)
(3,259)
| Provisions for liabilities |
9,093
Net assets
9,958
2
2
9,091
9,956
9,093
9,958
Shareholders' funds
| For the year ended 31 December 2024 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 of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 09 June 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 December 2024
AVA EVENT STYLING LTD
Notes to the Financial Statements
Statutory Information
| AVA EVENT STYLING LTD is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 08857092. |
Lower Illey Farm
Illey Lane
Halesowen
West Midlands
B62 0HJ
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
| There has been a significant reduction in wedding and associated events due to Covid-19. Costs are expected to |
| reduce accordingly and the directors will conitnue to support the company financially. As a result the going concern |
| basis of accounting has been adopted. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Property, plant and equipment are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Motor vehicles
Fixtures and fittings
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
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For the year ended 31 December 2024
AVA EVENT STYLING LTD
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor vehicles
54,213
4,622
49,591
12,939
12,939
-
49,591
17,561
67,152
| Provision for depreciation and impairment |
18,312
1,545
16,767
Charge for year
10,608
2,402
8,206
28,920
3,947
24,973
24,618
13,614
38,232
32,824
3,077
35,901
| 3. Trade and other payables: amounts falling due within one year |
2023
2024
6,160
-
986
5,864
| Taxation and social security |
2,716
5,275
| Accruals and deferred income |
1,005
3,275
486
9,773
11,353
24,187
| 4. Trade and other payables: amounts falling due after more than one year |
2023
2024
17,778
-
| 5. Related party transactions |
| The ultimate controlling party during the year was Amy Chim , director , whom controls the company by virtue of |
| owning 100% of the share capital. |
| 6. Average number of persons employed |
During the year the average number of employees was 1 (2023 : 1)
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