AVENUE DEVELOPERS LIMITED


Director	MAXWELL, Kevin Francis Herbert


Registered Address	15 Half Moon Street
	London
	W1J 7DZ


Registered Number	10819557 (England and Wales)

Balance Sheet as at
31 December 2021

	Notes	2021		2020
		£	£	£	£
Fixed assets
Intangible assets	3		89,268		89,268
Investments	4		317,008		-
			406,276		89,268
Current assets
Debtors	5	6,096,665		2,510,876
		6,096,665		2,510,876
Creditors amounts falling due within one year	6	(6,698,832)		(2,677,106)
Net current assets (liabilities)			(602,167)		(166,230)
Total assets less current liabilities			(195,891)		(76,962)
Creditors amounts falling due after one year	7		(35,858)		(50,000)
Net assets			(231,749)		(126,962)
Capital and reserves
Called up share capital			1		1
Profit and loss account			(231,750)		(126,963)
Shareholders' funds			(231,749)		(126,962)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 13 October 2025, and are signed on its behalf by:

MAXWELL, Kevin Francis Herbert
Director
Registered Company No. 10819557

AVENUE DEVELOPERS LIMITED

Notes to the Financial Statements
for the year ended 31 December 2021

1.	Accounting policies

	Statutory information
	Avenue Developers Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address are as below: Registered number: 10819557 Registered office: 15 Half Moon Street London W1J 7DZ The presentation currency of the financial statements is the Pound Sterling (£).

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	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.

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Turnover policy
	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.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Deferred tax
	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.

Deferred tax

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.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2021		2020
	Average number of employees during the year	0		0

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 January 21	89,268	89,268
At 31 December 21	89,268	89,268
Net book value
At 31 December 21	89,268	89,268
At 31 December 20	89,268	89,268

4.	Fixed asset investments

	Other investments¹	Total
	£	£
Cost or valuation
Additions	317,008	317,008
At 31 December 21	317,008	317,008
Net book value
At 31 December 21	317,008	317,008
At 31 December 20	-	-

	Notes
	¹Other investments other than loans

5.	Debtors: amounts due within one year

	2021	2020
	£	£
Trade debtors / trade receivables	4,621,149	241,024
Other debtors	1,475,516	1,999,560
Prepayments and accrued income	-	270,292
Total	6,096,665	2,510,876

6.	Creditors: amounts due within one year

	2021	2020
	£	£
Trade creditors / trade payables	73,000	67,000
Bank borrowings and overdrafts	9,626	19
Amounts owed to related parties	16,027	4,389
Other creditors	6,575,136	2,593,177
Accrued liabilities and deferred income	25,043	12,521
Total	6,698,832	2,677,106

7.	Creditors: amounts due after one year

	2021	2020
	£	£
Bank borrowings and overdrafts	35,858	50,000
Total	35,858	50,000