Alav & Co Limited

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2—3

Registered number: 14525000

		31 December 2024		31 December 2023
	Notes	£	£	£	£
CURRENT ASSETS
Stock	4	98,675		2,040,299
Debtors	5	174,552		56,448
Cash at bank and in hand		10,454		69,343

		283,681		2,166,090
Creditors: Amounts Falling Due Within One Year	6	(346,109 )		(2,399,672 )

NET CURRENT ASSETS (LIABILITIES)			(62,428 )		(233,582 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(62,428 )		(233,582 )

NET LIABILITIES			(62,428 )		(233,582 )

CAPITAL AND RESERVES
Called up share capital	7		1		1
Income Statement			(62,429 )		(233,583 )

SHAREHOLDERS' FUNDS			(62,428)		(233,582)

For the year ending 31 December 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 Income Statement.

On behalf of the board

Avner Leviov

Director

10/09/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Alav & Co Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14525000 . The registered office is 18 Conduit Street, 5th Floor, London, W1S 2XN.

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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.4. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 1)

4. Stock

	31 December 2024	31 December 2023
	£	£
Finished goods	98,675	2,040,299

5. Debtors

	31 December 2024	31 December 2023
	£	£
Due within one year
Trade debtors	135,876	21,359
Prepayments and accrued income	-	169
Other debtors	34,920	34,920
VAT	3,756	-

	174,552	56,448

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Alav & Co Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

6. Creditors: Amounts Falling Due Within One Year

	31 December 2024	31 December 2023
	£	£
Trade creditors	247,622	2,279,547
Other loans	83,545	83,545
VAT	-	21,536
Amounts owed to group undertakings	14,942	15,044

	346,109	2,399,672

7. Share Capital

	31 December 2024	31 December 2023
	£	£
Allotted, Called up and fully paid	1	1

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