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REGISTERED NUMBER: 07120037 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

AVALON WASTE MANAGEMENT LIMITED

AVALON WASTE MANAGEMENT LIMITED (REGISTERED NUMBER: 07120037)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AVALON WASTE MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2025







DIRECTOR: D T Sharland





SECRETARY: Mrs J R Sharland





REGISTERED OFFICE: St. John's House,
Castle Street,
Taunton
Somerset
TA1 4AY





REGISTERED NUMBER: 07120037 (England and Wales)





ACCOUNTANTS: Mitchells Chartered Accountants
St. John's House,
Castle Street,
Taunton
Somerset
TA1 4AY

AVALON WASTE MANAGEMENT LIMITED (REGISTERED NUMBER: 07120037)

BALANCE SHEET
28 FEBRUARY 2025

28.2.25 29.2.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 671,931 430,215
671,931 430,215

CURRENT ASSETS
Stocks 2,015 17,169
Debtors 6 51,558 43,533
Cash at bank and in hand 51,824 2,090
105,397 62,792
CREDITORS
Amounts falling due within one year 7 155,017 198,869
NET CURRENT LIABILITIES (49,620 ) (136,077 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

622,311

294,138

CREDITORS
Amounts falling due after more than one
year

8

(339,167

)

(156,391

)

PROVISIONS FOR LIABILITIES (124,491 ) (65,905 )
NET ASSETS 158,653 71,842

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 158,353 71,542
SHAREHOLDERS' FUNDS 158,653 71,842

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

AVALON WASTE MANAGEMENT LIMITED (REGISTERED NUMBER: 07120037)

BALANCE SHEET - continued
28 FEBRUARY 2025


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 12 August 2025 and were signed by:





D T Sharland - Director


AVALON WASTE MANAGEMENT LIMITED (REGISTERED NUMBER: 07120037)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1. STATUTORY INFORMATION

Avalon Waste Management 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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

AVALON WASTE MANAGEMENT LIMITED (REGISTERED NUMBER: 07120037)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2024
and 28 February 2025 125,000
AMORTISATION
At 1 March 2024
and 28 February 2025 125,000
NET BOOK VALUE
At 28 February 2025 -
At 29 February 2024 -

AVALON WASTE MANAGEMENT LIMITED (REGISTERED NUMBER: 07120037)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 March 2024 4,800 695,832 700,632
Additions 7,467 560,110 567,577
Disposals - (325,369 ) (325,369 )
At 28 February 2025 12,267 930,573 942,840
DEPRECIATION
At 1 March 2024 - 270,417 270,417
Charge for year - 125,247 125,247
Eliminated on disposal - (124,755 ) (124,755 )
At 28 February 2025 - 270,909 270,909
NET BOOK VALUE
At 28 February 2025 12,267 659,664 671,931
At 29 February 2024 4,800 425,415 430,215

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 March 2024 295,328
Additions 509,682
Disposals (245,669 )
Transfer to ownership (24,150 )
At 28 February 2025 535,191
DEPRECIATION
At 1 March 2024 105,807
Charge for year 104,826
Eliminated on disposal (60,860 )
Transfer to ownership (9,318 )
At 28 February 2025 140,455
NET BOOK VALUE
At 28 February 2025 394,736
At 29 February 2024 189,521

AVALON WASTE MANAGEMENT LIMITED (REGISTERED NUMBER: 07120037)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade debtors 50,200 42,985
Other debtors 1,358 548
51,558 43,533

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Bank loans and overdrafts 17,476 24,430
Hire purchase contracts 65,841 40,787
Trade creditors 36,202 68,224
Taxation and social security 3,647 22,500
Other creditors 31,851 42,928
155,017 198,869

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.25 29.2.24
£    £   
Bank loans 36,151 52,165
Hire purchase contracts 303,016 104,226
339,167 156,391

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 1,246 8,392
Hire purchase 21,625 -
22,871 8,392

9. SECURED DEBTS

The following secured debts are included within creditors:

28.2.25 29.2.24
£    £   
Bank overdraft - 7,237
Bank loans 53,627 69,358
53,627 76,595

£130,000 bank guarantee given to Lloyds by David Sharland. £120,000 bank guarantee given to Lloyds by Ivan Sharland supported by a legal charge over Ridge Farm.
Lloyds bank holds a debenture incorporating a fixed and floating charge over current and future assets of the company.

AVALON WASTE MANAGEMENT LIMITED (REGISTERED NUMBER: 07120037)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2025 and 29 February 2024:

28.2.25 29.2.24
£    £   
D T Sharland
Balance outstanding at start of year (50 ) (192 )
Amounts advanced 3,209 3,086
Amounts repaid (3,210 ) (2,944 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (51 ) (50 )

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is David Sharland.