REGISTERED NUMBER: 07079963 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

AUTO VIVENDI LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P Gbedemah

Mr C A Williams

Mr B Loveday

REGISTERED OFFICE:

39 Greville Road

London

NW6 5JJ

REGISTERED NUMBER:

07079963 (England and Wales)

ACCOUNTANTS:

Cooper Parry Advisory Limited

First Floor, Davidson House

Forbury Square

Reading

Berkshire

RG1 3EU

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

5,232,473

5,654,663

Investments

6

534,697

563,515

5,767,170

6,218,178

CURRENT ASSETS

Debtors

7

1,952,369

1,899,152

Cash at bank

1,345,668

442,201

3,298,037

2,341,353

CREDITORS

Amounts falling due within one year

8

(6,496,489

)

(8,030,979

)

NET CURRENT LIABILITIES

(3,198,452

)

(5,689,626

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,568,718

528,552

CREDITORS

Amounts falling due after more than one year

9

(788,827

)

(305,280

)

NET ASSETS

1,779,891

223,272

CAPITAL AND RESERVES

Called up share capital

46

163

Capital redemption reserve

232

114

Retained earnings

1,779,613

222,995

SHAREHOLDERS' FUNDS

1,779,891

223,272

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 and authorised for issue by the Board of Directors and authorised for issue on 23 September 2025 and were signed on its behalf by:

Mr C A Williams - Director

1.	STATUTORY INFORMATION

Auto Vivendi 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 financial statements have been prepared on the going concern basis which assumes that the company will continue in business for the foreseeable future,

The post year end performance of the company gives clear indication that the directors consider it appropriate to prepare the financial statements on a going concern basis. The financial statements do not contain any adjustment which would result if the going concern basis was not considered appropriate.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied, exclusive of Value Added Tax and trade discounts.

Turnover represents the proportionate value of the clients' membership fees in relation to the life of the membership.

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 four 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.

Development costs are being amortised evenly over their estimated useful life of three years.

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.

Land and buildings

-

straight line over the life of the lease

Plant and machinery etc

-

15% on reducing balance and at varying rates on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

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.

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the Profit and Loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

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.

Deferred income

Deferred income represents the proportionate value of the clients' membership fees in relation to the life of the membership, net of value added tax.

Deferred income also includes income for events taking place post balance sheet date.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Development

Goodwill

costs

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

124,474

68,750

193,224

AMORTISATION

At 1 January 2024

and 31 December 2024

124,474

68,750

193,224

NET BOOK VALUE

At 31 December 2024

-

-

-

At 31 December 2023

-

-

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 January 2024

49,167

-

96,191

Additions

-

60,000

-

Disposals

-

-

-

At 31 December 2024

49,167

60,000

96,191

DEPRECIATION

At 1 January 2024

49,167

-

85,003

Charge for year

-

-

11,188

Eliminated on disposal

-

-

-

At 31 December 2024

49,167

-

96,191

NET BOOK VALUE

At 31 December 2024

-

60,000

-

At 31 December 2023

-

-

11,188

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2024

6,636,762

44,400

6,826,520

Additions

3,342,555

4,521

3,407,076

Disposals

(3,631,135

)

-

(3,631,135

)

At 31 December 2024

6,348,182

48,921

6,602,461

DEPRECIATION

At 1 January 2024

999,858

37,829

1,171,857

Charge for year

1,137,980

4,378

1,153,546

Eliminated on disposal

(955,415

)

-

(955,415

)

At 31 December 2024

1,182,423

42,207

1,369,988

NET BOOK VALUE

At 31 December 2024

5,165,759

6,714

5,232,473

At 31 December 2023

5,636,904

6,571

5,654,663

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

Motor

vehicles

£

COST

At 1 January 2024

6,337,595

Additions

2,853,062

Disposals

(3,331,968

)

Transfer to ownership

(485,047

)

At 31 December 2024

5,373,642

DEPRECIATION

At 1 January 2024

952,584

Charge for year

1,064,323

Eliminated on disposal

(886,327

)

Transfer to ownership

(155,206

)

At 31 December 2024

975,374

NET BOOK VALUE

At 31 December 2024

4,398,268

At 31 December 2023

5,385,011

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

563,515

Reclassification/transfer

(28,818

)

At 31 December 2024

534,697

NET BOOK VALUE

At 31 December 2024

534,697

At 31 December 2023

563,515

7.

DEBTORS

2024

2023

£

£

Amounts falling due within one year:

Trade debtors

405,941

788,689

Amounts owed by group undertakings

240,032

238,672

Other debtors

311,900

184,000

Directors' current accounts

-

227,150

Tax

-

2,978

Deferred tax asset

928,527

225,279

Prepayments and accrued income

57,636

224,051

1,944,036

1,890,819

Amounts falling due after more than one year:

Other debtors

8,333

8,333

Aggregate amounts

1,952,369

1,899,152

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

-

50,000

Hire purchase contracts

3,510,976

5,150,773

Trade creditors

15,117

88,503

Credit card

92,691

7,833

Tax

305,322

43,357

Social security and other taxes

4,923

7,402

VAT

89,829

60,385

Other creditors

451,861

4,838

Directors' current accounts

28,381

4,238

Accruals and deferred income

1,997,389

2,613,650

6,496,489

8,030,979

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

-

50,000

Bank loans - 2-5 years

-

20,834

Hire purchase contracts

788,827

234,446

788,827

305,280

10.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Hire purchase contracts

4,299,803

5,385,219

Hire purchase contracts are secured over the assets to which they relate.

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

Mr R L Thomas

Balance outstanding at start of year

227,150

183,732

Amounts advanced

157,800

227,150

Amounts repaid

(384,950

)

(183,732

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

227,150

Interest has been charged on the above loan.