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
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
Jon Avol Properties Limited
Statement of financial position
as at 31 October 2024
Investment property
1,212,489
1,212,489
Cash at bank and in hand
248
198
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)
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
Jon Avol Properties Limited
Notes to the Accounts
for the year ended 31 October 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents rents receivable.
Fair value at 1 November 2023
1,212,489
At 31 October 2024
1,212,489
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
Taxes and social security
7,427
1,229
Other creditors
438,590
466,245
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
735,309
735,309
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).