REGISTERED NUMBER: 04192439 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

Avoca UK Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A K Carvill

R E Normandy

REGISTERED OFFICE:

150 Minories

London

EC3N 1LS

REGISTERED NUMBER:

04192439 (England and Wales)

AUDITORS:

Anstey Bond LLP

1 Charterhouse Mews

London

EC1M 6BB

CURRENT ASSETS

Debtors

5

1,176,846

2,594,294

Cash at bank

213,163

1,303,744

1,390,009

3,898,038

CREDITORS

Amounts falling due within one year

6

(93,728

)

(41,088

)

NET CURRENT ASSETS

1,296,281

3,856,950

TOTAL ASSETS LESS CURRENT LIABILITIES

1,296,281

3,856,950

CREDITORS

Amounts falling due after more than one year

7

(2,604,291

)

(5,420,922

)

NET LIABILITIES

(1,308,010

)

(1,563,972

)

CAPITAL AND RESERVES

Called up share capital

5,000

5,000

Retained earnings

8

(1,313,010

)

(1,568,972

)

(1,308,010

)

(1,563,972

)

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 Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

R E Normandy - Director

1.	STATUTORY INFORMATION

Avoca UK Services 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.

The presentation currency of the financial statements is the GBP (£) and have been prepared to the nearest whole £.

Going concern

The director has at the time of approving the financial statements, a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

Turnover

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

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.

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.

Cash and cash equivalents

In the company's financial statements, cash and cash equivalents includes cash on hand and deposits held with banks.

Trade and other debtors

Trade and other debtors are measured at transaction price less any impairment for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are obligations to pay for services that have been acquired in the ordinary course of business and are measured at historical cost. Accrued expenses are recognised when the amount can be measured reliably.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4.	AUDITORS' REMUNERATION

2024

2023

£

£

Fees payable to the company's auditors for the audit of the company's financial statements

10,800

9,300

Auditors remuneration for the year ended 31 December 2024 amounted to £10,800 (2023: £9,000).

5.

DEBTORS

2024

2023

£

£

Amounts falling due within one year:

Other debtors

38,851

29,111

Amounts falling due after more than one year:

Amounts owed by group undertakings

1,137,995

2,565,183

Aggregate amounts

1,176,846

2,594,294

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Taxation and social security

388

5,947

Other creditors

93,340

35,141

93,728

41,088

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Amounts owed to group undertakings

2,604,291

5,420,922

8.

RESERVES

Retained

earnings

£

At 1 January 2024

(1,568,972

)

Profit for the year

255,962

At 31 December 2024

(1,313,010

)

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Colin Ellis FCCA CF (Senior Statutory Auditor)

for and on behalf of Anstey Bond LLP

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at the year end date, included within other debtors in the balance sheet is the amount of £3,343 (2023: £430), owed to the company from A K Carvill, Director of the company.