Avocado 55 Limited

Avocado 55 Limited
Contents Page
For the year ended 31 March 2025

Statement of financial position	1
Notes to the financial statements	2

Registered Number: SC632673 Avocado 55 Limited
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	1,854	1,245
		1,854	1,245
Current assets
Debtors		439,490	470,066
Cash at bank and in hand		191,984	296,216
		631,474	766,282
Creditors: amount falling due within one year		(440,227)	(364,371)
Net current assets		191,247	401,911

Total assets less current liabilities		193,101	403,156
Net assets		193,101	403,156

Capital and reserves
Called up share capital		165	165
Capital Redemption Reserve		35	35
Profit and loss account		192,901	402,956
Shareholders' funds		193,101	403,156

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 27 November 2025 and were signed on its behalf by:

-------------------------------
Dominic Steel
Director

1

Avocado 55 Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

Avocado 55 Limited is a private company, limited by shares, registered in Scotland, registration number SC632673, registration address 14 Francis Street, Dornie, Kyle, IV40 8DT.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

33% Straight Line

2.	Average number of employees Average number of employees during the year was 6 (2024 : 5).

3.

Tangible fixed assets

Cost or valuation	Computer Equipment	Total
	£	£
At 01 April 2024	4,067	4,067
Additions	1,848	1,848
Disposals	-	-
At 31 March 2025	5,915	5,915
Depreciation
At 01 April 2024	2,822	2,822
Charge for year	1,239	1,239
On disposals	-	-
At 31 March 2025	4,061	4,061
Net book values
Closing balance as at 31 March 2025	1,854	1,854
Opening balance as at 01 April 2024	1,245	1,245

2

Registered Number: SC632673
Scotland
Abridged Accounts

for the year ended 31 March 2025
for
AVOCADO 55 LIMITED