Avanti Homes (Northern) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 15331004

AVANTI HOMES (NORTHERN) LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED

31 December 2024

AVANTI HOMES (NORTHERN) LIMITED

STATEMENT OF FINANCIAL POSITION

31 December 2024

	31 Dec 24
Note	£	£

FIXED ASSETS

Tangible assets	4		225,316

CURRENT ASSETS

Stocks		88,733
Debtors	5	2,932
Cash at bank and in hand		201
		--------
		91,866

CREDITORS: amounts falling due within one year	6	( 172,314)
		---------
NET CURRENT LIABILITIES			( 80,448)
			---------
TOTAL ASSETS LESS CURRENT LIABILITIES			144,868

CREDITORS: amounts falling due after more than one year	7	( 156,694)
		---------
NET LIABILITIES		( 11,826)
		---------

CAPITAL AND RESERVES

Called up share capital		100
Profit and loss account		( 11,926)
		--------
SHAREHOLDERS DEFICIT		( 11,826)
		--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

AVANTI HOMES (NORTHERN) LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 December 2024

These financial statements were approved by the board of directors and authorised for issue on 4 September 2025 , and are signed on behalf of the board by:

L Gentile
Director

Company registration number: 15331004

AVANTI HOMES (NORTHERN) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

PERIOD FROM 6 DECEMBER 2023 TO 31 DECEMBER 2024

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2 Wimborne Drive, Blackhill, Keighley, West Yorkshire, BD21 2TR, United Kingdom.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis . The financial statements are prepared in sterling, which is the functional currency of the entity.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its open market value at each reporting date and any changes in value are recognised in the statement of income and retained earnings.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.

4. TANGIBLE ASSETS

	Investment Property
	£
Cost
At 6 December 2023	–
Additions	225,316
	---------
At 31 December 2024	225,316
	---------
Depreciation
At 6 December 2023 and 31 December 2024	–
	---------
Carrying amount
At 31 December 2024	225,316
	---------

The market value of the investment property held as at 31st December 2024 has been calculated by the director, and has been valued at open market value.

5. DEBTORS

	31 Dec 24
	£
Other debtors	2,932
	-------

6. CREDITORS: amounts falling due within one year

	31 Dec 24
	£
Amounts due to related companies	17,208
Other creditors	155,106
	---------
	172,314
	---------

7. CREDITORS: amounts falling due after more than one year

	31 Dec 24
	£
Bank loans and overdrafts	156,694
	---------