REGISTERED NUMBER: 09449643 (England and Wales)

AVENDEN LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

Page

Company Information

1

Report of the Accountants

2

Balance Sheet

3

Notes to the Financial Statements

4

to

6

DIRECTOR:

N Sodha

SECRETARY:

REGISTERED OFFICE:

Suite D, Astor House

282 Lichfield Road

Four Oaks

Sutton Coldfield

West Midlands

B74 2UG

REGISTERED NUMBER:

09449643 (England and Wales)

ACCOUNTANTS:

Four Oaks Taxation & Accounting Services Limited

Suite D, Astor House

282 Lichfield Road

Four Oaks

Sutton Coldfield

West Midlands

B74 2UG

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 28 February 2025 set out on pages two to four and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Four Oaks Taxation & Accounting Services Limited

Suite D, Astor House

282 Lichfield Road

Four Oaks

Sutton Coldfield

West Midlands

B74 2UG

1 August 2025

FIXED ASSETS

Intangible assets

4

254,347

281,263

Investment property

5

7,926,369

7,572,314

8,180,716

7,853,577

CURRENT ASSETS

Debtors

6

2,050

600

Cash at bank

37,649

57,484

39,699

58,084

CREDITORS

Amounts falling due within one year

7

5,268,649

5,123,381

NET CURRENT LIABILITIES

(5,228,950

)

(5,065,297

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,951,766

2,788,280

CREDITORS

Amounts falling due after more than one year

8

(849,600

)

(849,600

)

PROVISIONS FOR LIABILITIES

(531,731

)

(531,731

)

NET ASSETS

1,570,435

1,406,949

CAPITAL AND RESERVES

Called up share capital

1

1

Fair value reserve

9

1,062,694

942,694

Retained earnings

507,740

464,254

SHAREHOLDERS' FUNDS

1,570,435

1,406,949

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 by the director and authorised for issue on 1 August 2025 and were signed by:

N Sodha - Director

1.	STATUTORY INFORMATION

Avenden 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 as modified by the revaluation of certain assets.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of ten 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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 29 February 2024

312,514

Additions

4,878

At 28 February 2025

317,392

AMORTISATION

At 29 February 2024

31,251

Charge for year

31,794

At 28 February 2025

63,045

NET BOOK VALUE

At 28 February 2025

254,347

At 28 February 2024

281,263

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 29 February 2024

7,572,314

Additions

354,055

At 28 February 2025

7,926,369

NET BOOK VALUE

At 28 February 2025

7,926,369

At 28 February 2024

7,572,314

Fair value at 28 February 2025 is represented by:

£

Valuation in 2025

7,926,369

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

2,050

600

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to associates

4,998,475

5,030,935

Taxation and social security

67,174

18,149

Other creditors

203,000

74,297

5,268,649

5,123,381

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

849,600

849,600

9.

RESERVES

Fair

value

reserve

£

At 29 February 2024

and 28 February 2025

1,062,694