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Registered number: 08546951
Avinci Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
Greenwood & Co Limited
Chartered Certified Accountants
41 Derwent Gardens
Redbridge
Ilford
Essex
IG4 5NA
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 08546951
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 82,816 81,228
82,816 81,228
CURRENT ASSETS
Stocks 30,000 72,000
Debtors 5 1,701,393 1,454,768
Cash at bank and in hand 18,312 18,618
1,749,705 1,545,386
Creditors: Amounts Falling Due Within One Year 6 (1,237,992 ) (1,022,885 )
NET CURRENT ASSETS (LIABILITIES) 511,713 522,501
TOTAL ASSETS LESS CURRENT LIABILITIES 594,529 603,729
Creditors: Amounts Falling Due After More Than One Year 7 (33,116 ) (111,987 )
NET ASSETS 561,413 491,742
CAPITAL AND RESERVES
Called up share capital 200 200
Profit and Loss Account 561,213 491,542
SHAREHOLDERS' FUNDS 561,413 491,742
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr V Saravanamuttu
Director
26/10/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Avinci Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08546951 . The registered office is 63 Stoughton Road, Oadby, Leicester, LE2 4FQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant and machinery - 10% on reducing balance 
Fixtures and fittings - 25% on reducing balance 
Improvements to property - 10 years straight line
2.4. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. 
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.6. Taxation
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 38 (2023: 47)
38 47
Page 2
Page 3
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 November 2023 19,748 128,044 8,036 155,828
Additions - 24,700 - 24,700
As at 31 October 2024 19,748 152,744 8,036 180,528
Depreciation
As at 1 November 2023 9,523 61,342 3,735 74,600
Provided during the period 1,974 20,063 1,075 23,112
As at 31 October 2024 11,497 81,405 4,810 97,712
Net Book Value
As at 31 October 2024 8,251 71,339 3,226 82,816
As at 1 November 2023 10,225 66,702 4,301 81,228
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 723,123 481,756
Other debtors 142,441 123,933
865,564 605,689
Due after more than one year
Amounts owed by participating interests 835,829 849,079
1,701,393 1,454,768
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 951,564 466,920
Bank loans and overdrafts 78,861 69,530
Other creditors 32,084 233,073
Taxation and social security 175,483 253,362
1,237,992 1,022,885
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 33,116 111,987
Page 3
Page 4
8. Directors Advances, Credits and Guarantees
The following advances and credits to a director subsisted durimg the years ended 31 October 2024 and 31 October 2023:
Director 1
Amounts advanced £110,881 (2023 : £121,792)
Amounts repaid £113,282 (2023 : £135,300)
Interest was charged on all loans at the official rate of interest set by the HMRC.
Page 4