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Company Registration No. 10406348 (England and Wales)
Jon Avol Properties Limited Unaudited accounts for the year ended 31 October 2024
Jon Avol Properties Limited Unaudited accounts Contents
Page
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Jon Avol Properties Limited Company Information for the year ended 31 October 2024
Directors
Mr V Lakhani Mrs M Karunathasan
Company Number
10406348 (England and Wales)
Registered Office
40 Cheney Street Pinner Middlesex HA5 2TB England
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Jon Avol Properties Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
1,212,489 
1,212,489 
Current assets
Debtors
110,357 
145,500 
Cash at bank and in hand
248 
198 
110,605 
145,698 
Creditors: amounts falling due within one year
(509,674)
(572,440)
Net current liabilities
(399,069)
(426,742)
Total assets less current liabilities
813,420 
785,747 
Creditors: amounts falling due after more than one year
(735,309)
(735,309)
Net assets
78,111 
50,438 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
24,493 
24,493 
Profit and loss account
53,518 
25,845 
Shareholders' funds
78,111 
50,438 
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 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 29 July 2025 and were signed on its behalf by
Mr V Lakhani Director Company Registration No. 10406348
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Jon Avol Properties Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Jon Avol Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 10406348. The registered office is 40 Cheney Street, Pinner, Middlesex, HA5 2TB, England.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents rents receivable.
4
Investment property
2024 
£ 
Fair value at 1 November 2023
1,212,489 
At 31 October 2024
1,212,489 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
110,357 
145,500 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
61,715 
103,119 
VAT
562 
467 
Taxes and social security
7,427 
1,229 
Other creditors
438,590 
466,245 
Accruals
1,380 
1,380 
509,674 
572,440 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
735,309 
735,309 
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Jon Avol Properties Limited Notes to the Accounts for the year ended 31 October 2024
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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