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REGISTERED NUMBER: 13489091 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

AVG Investments Limited

AVG Investments Limited (Registered number: 13489091)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 5


AVG Investments Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Dr Vandana Goel
Mr Ashok Goel





REGISTERED OFFICE: 13 Liverpool Road North
Maghull
Merseyside
L31 2HB





REGISTERED NUMBER: 13489091 (England and Wales)





ACCOUNTANTS: McParland Williams Limited
13 Liverpool Road North
Maghull
Merseyside
L31 2HB

AVG Investments Limited

Report of the Accountants to the Directors of
AVG Investments Limited

The following reproduces the text of the report prepared for the directors 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 Directors 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 accounts of AVG Investments Limited for the period set out in these accounts from the company's accounting records and from information and explanations you have given to us.

This report is prepared solely to the Board of Directors of AVG Investments Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of AVG Investments Limited and state those matters that we have agreed to state to the Board of Directors of AVG Investments Limited. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than AVG Investments Limited and its Board of Directors, as a body, for our work for this report.

It is your duty to ensure that AVG Investments Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of AVG Investments Limited. You consider that AVG Investments Limited is exempt from the statutory audit requirements for the period of these accounts.

We have not been instructed to carry out an audit or a review of the accounts of AVG Investments Limited. 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 accounts.






McParland Williams Limited
13 Liverpool Road North
Maghull
Merseyside
L31 2HB


9 April 2025

AVG Investments Limited (Registered number: 13489091)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 330,137 157,257
Investments 5 17,167 42,568
347,304 199,825

CURRENT ASSETS
Debtors 6 108,446 50,449
Cash at bank 10,999 23,769
119,445 74,218
CREDITORS
Amounts falling due within one year 7 392,597 293,862
NET CURRENT LIABILITIES (273,152 ) (219,644 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

74,152

(19,819

)

CREDITORS
Amounts falling due after more than one
year

8

99,225

-
NET LIABILITIES (25,073 ) (19,819 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (25,173 ) (19,919 )
(25,073 ) (19,819 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

AVG Investments Limited (Registered number: 13489091)

Balance Sheet - continued
30 June 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 Board of Directors and authorised for issue on 9 April 2025 and were signed on its behalf by:




Dr Vandana Goel - Director



Mr Ashok Goel - Director


AVG Investments Limited (Registered number: 13489091)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

AVG Investments 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - Not depreciated
Fixtures and fittings - 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

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

AVG Investments Limited (Registered number: 13489091)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST
At 1 July 2023 148,478 11,705 160,183
Additions 172,217 3,810 176,027
At 30 June 2024 320,695 15,515 336,210
DEPRECIATION
At 1 July 2023 - 2,926 2,926
Charge for year - 3,147 3,147
At 30 June 2024 - 6,073 6,073
NET BOOK VALUE
At 30 June 2024 320,695 9,442 330,137
At 30 June 2023 148,478 8,779 157,257

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 July 2023 42,568
Additions 956
Disposals (26,357 )
At 30 June 2024 17,167
NET BOOK VALUE
At 30 June 2024 17,167
At 30 June 2023 42,568

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other debtors 108,446 50,449

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 2 -
Amounts owed to participating interests 380,132 293,132
Other creditors 12,463 730
392,597 293,862

AVG Investments Limited (Registered number: 13489091)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Other creditors 99,225 -

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 99,225 -