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Company Registration No. 10892295 (England and Wales)
A V COMMERCIAL FINANCE LTD Unaudited accounts for the year ended 31 July 2025
A V COMMERCIAL FINANCE LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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A V COMMERCIAL FINANCE LTD Company Information for the year ended 31 July 2025
Director
Mrs Rima Mahajbeen
Company Number
10892295 (England and Wales)
Registered Office
62 Turnpike Lane London N8 0PR England
Accountants
Multiplus Tax Solutions Ltd Suite 1 Chantal House 13-17 High Beech Road Loughton Essex IG10 4BN
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A V COMMERCIAL FINANCE LTD Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
3,500
4,104
Current assets
Debtors
5
25,013
13,186
Cash at bank and in hand
5,107
(807)
30,120
12,379
Creditors: amounts falling due within one year
6
(92,206)
(76,527)
Net current liabilities
(62,086)
(64,148)
Total assets less current liabilities
(58,586)
(60,044)
Creditors: amounts falling due after more than one year
7
(77,724)
(83,403)
Net liabilities
(136,310)
(143,447)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(136,410)
(143,547)
Shareholders' funds
(136,310)
(143,447)
For the year ending 31 July 2025 the company was entitled to exemption from audit 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 her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 November 2025 and were signed on its behalf by
Mrs Rima Mahajbeen Director Company Registration No. 10892295
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A V COMMERCIAL FINANCE LTD Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
A V COMMERCIAL FINANCE LTD is a private company, limited by shares, registered in England and Wales, registration number 10892295. The registered office is 62 Turnpike Lane, London, N8 0PR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Going concern
The financial statements have been prepared on a going concern basis with continued support from the director.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% reducing balance method
Computer equipment
20% reducing balance method
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 August 2024
4,560
4,873
9,433
Additions
-
272
272
At 31 July 2025
4,560
5,145
9,705
Depreciation
At 1 August 2024
2,226
3,103
5,329
Charge for the year
467
409
876
At 31 July 2025
2,693
3,512
6,205
Net book value
At 31 July 2025
1,867
1,633
3,500
At 31 July 2024
2,334
1,770
4,104
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A V COMMERCIAL FINANCE LTD Notes to the Accounts for the year ended 31 July 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
8,644
7,245
Amounts due from group undertakings etc.
-
1,201
Accrued income and prepayments
4,740
4,740
Other debtors
11,629
-
25,013
13,186
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
8,670
8,670
Taxes and social security
40,274
33,296
Other creditors
6,798
441
Loans from directors
32,320
29,748
Accruals
4,144
4,372
92,206
76,527
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
77,724
83,403
8
Average number of employees
During the year the average number of employees was 3 (2024: 4).
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