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REGISTERED NUMBER: 11134803 (England and Wales)















Unaudited Financial Statements For The Year Ended 31 January 2024

for

AVL Properties Limited

AVL Properties Limited (Registered number: 11134803)

Contents of the Financial Statements
For The Year Ended 31 January 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AVL Properties Limited

Company Information
For The Year Ended 31 January 2024







DIRECTOR: Mr A Choorakandy





REGISTERED OFFICE: 1110 Elliott Court
Coventry Business Park
Herald Avenue
Coventry
West Midlands
CV5 6UB





REGISTERED NUMBER: 11134803 (England and Wales)





ACCOUNTANTS: Ashwells Associates Limited
Chartered Certified Accountants
54a Church Road
Ashford
Middlesex
TW15 2TS

AVL Properties Limited (Registered number: 11134803)

Balance Sheet
31 January 2024

31/1/24 31/1/23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 325 485
Investment property 5 366,000 390,000
366,325 390,485

CURRENT ASSETS
Cash at bank 2,504 49,674

CREDITORS
Amounts falling due within one year 6 102,353 62,727
NET CURRENT LIABILITIES (99,849 ) (13,053 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

266,476

377,432

CREDITORS
Amounts falling due after more than one
year

7

(212,020

)

(288,226

)

PROVISIONS FOR LIABILITIES (14,773 ) (19,333 )
NET ASSETS 39,683 69,873

CAPITAL AND RESERVES
Called up share capital 200 200
Fair value reserve 8 62,981 82,421
Retained earnings (23,498 ) (12,748 )
39,683 69,873

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

AVL Properties Limited (Registered number: 11134803)

Balance Sheet - continued
31 January 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 27 June 2025 and were signed by:





Mr A Choorakandy - Director


AVL Properties Limited (Registered number: 11134803)

Notes to the Financial Statements
For The Year Ended 31 January 2024


1. STATUTORY INFORMATION

AVL Properties 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 NIL (2023 - NIL).

AVL Properties Limited (Registered number: 11134803)

Notes to the Financial Statements - continued
For The Year Ended 31 January 2024


4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 February 2023
and 31 January 2024 2,928
DEPRECIATION
At 1 February 2023 2,443
Charge for year 160
At 31 January 2024 2,603
NET BOOK VALUE
At 31 January 2024 325
At 31 January 2023 485

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023 390,000
Revaluations (24,000 )
At 31 January 2024 366,000
NET BOOK VALUE
At 31 January 2024 366,000
At 31 January 2023 390,000

Fair value at 31 January 2024 is represented by:
£   
Valuation in 2024 366,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/24 31/1/23
£    £   
Trade creditors (1 ) -
Other creditors 102,354 62,727
102,353 62,727

AVL Properties Limited (Registered number: 11134803)

Notes to the Financial Statements - continued
For The Year Ended 31 January 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/1/24 31/1/23
£    £   
Bank loans 212,020 206,230
Other creditors - 81,996
212,020 288,226

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 212,020 206,230

8. RESERVES
Fair
value
reserve
£   
At 1 February 2023 82,421
Profit and loss account - tran (19,440 )

At 31 January 2024 62,981