AVT SERVICES LIMITED - Filleted accounts

Registered number

04258317

AVT SERVICES LIMITED

Filleted Accounts

31 January 2025

AVT SERVICES LIMITED
Registered number:		04258317
Balance Sheet
as at 31 January 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		211,597			253,251

Current assets
Stocks		30,000			30,000
Debtors	4	244,822			368,573
Cash at bank and in hand		316,758			152,414
		591,580			550,987

Creditors: amounts falling due within one year	5	(128,805)			(143,410)

Net current assets			462,775			407,577

Total assets less current liabilities			674,372			660,828

Creditors: amounts falling due after more than one year	6		(66,458)			(108,226)

Provisions for liabilities			(40,203)			(48,117)


Net assets			567,711			504,485

Capital and reserves
Called up share capital			102			102
Profit and loss account			567,609			504,383

Shareholders' funds			567,711			504,485

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




J Mather
Director
Approved by the board on 15 March 2025

AVT SERVICES LIMITED
Notes to the Accounts
for the year ended 31 January 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:



	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years
	Motor vehicles	over 4 years



	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			11		12


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 February 2024	360,542		434,785		795,327
	Additions	11,639		12,680		24,319
	At 31 January 2025	372,181		447,465		819,646

	Depreciation
	At 1 February 2024	303,814		238,262		542,076
	Charge for the year	13,673		52,300		65,973
	At 31 January 2025	317,487		290,562		608,049

	Net book value
	At 31 January 2025	54,694		156,903		211,597
	At 31 January 2024	56,728		196,523		253,251


4	Debtors			2025		2024
£					£

	Trade debtors			232,541		351,940
	Other debtors			12,281		16,633
				244,822		368,573


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Obligations under finance lease and hire purchase contracts			49,689		62,668
	Trade creditors			16,953		40,408
	Taxation and social security costs			59,680		27,713
	Other creditors			2,483		12,621
				128,805		143,410


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Obligations under finance lease and hire purchase contracts			66,458		108,226


7	Other information

	AVT SERVICES LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	1 STANLEY VILLAS
	MAIRSCOUGH LANE
	DOWNHOLLAND
	ORMSKIRK
	L39 7HT