REGISTERED NUMBER: 01644042 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

AVONETTE PROPERTIES LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs K Mehta

Mr S K Mehta

SECRETARY:

Mr S K Mehta

REGISTERED OFFICE:

573 Chester Road

Sutton Coldfield

West Midlands

B73 5HU

REGISTERED NUMBER:

01644042 (England and Wales)

ACCOUNTANTS:

A K Papadamou & Co

Accountants & Tax Advisors

573 Chester Road

Sutton Coldfield

West Midlands

B73 5HU

BANKERS:

Barclays Bank PLC

15 Colmore Row

Birmingham

B3 2BY

FIXED ASSETS

Tangible assets

4

340,517

340,690

CURRENT ASSETS

Debtors

5

15,221

14,590

Cash at bank

48,561

36,322

63,782

50,912

CREDITORS

Amounts falling due within one year

6

25,084

24,772

NET CURRENT ASSETS

38,698

26,140

TOTAL ASSETS LESS CURRENT LIABILITIES

379,215

366,830

PROVISIONS FOR LIABILITIES

7

39,207

39,207

NET ASSETS

340,008

327,623

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

8

218,802

218,802

Retained earnings

121,106

108,721

SHAREHOLDERS' FUNDS

340,008

327,623

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 by the Board of Directors and authorised for issue on 13 November 2025 and were signed on its behalf by:

Mr S K Mehta - Director

1.	STATUTORY INFORMATION

Avonette Properties 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Freehold property and improvements thereto are not depreciated.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

340,000

55,932

395,932

DEPRECIATION

At 1 April 2024

-

55,242

55,242

Charge for year

-

173

173

At 31 March 2025

-

55,415

55,415

NET BOOK VALUE

At 31 March 2025

340,000

517

340,517

At 31 March 2024

340,000

690

340,690

Cost or valuation at 31 March 2025 is represented by:

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

Valuation in 2017

333,207

-

333,207

Valuation in 2018

(60,000

)

-

(60,000

)

Cost

66,793

55,932

122,725

340,000

55,932

395,932

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

15,221

14,590

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

567

-

Other creditors

24,517

24,772

25,084

24,772

7.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

39,207

39,207

Deferred

tax

£

Balance at 1 April 2024

39,207

Charge on revaluation

Balance at 31 March 2025

39,207

8.

RESERVES

Fair

value

reserve

£

At 1 April 2024

and 31 March 2025

218,802

9.	ULTIMATE CONTROLLING PARTY

The company is under the direct control of Mrs K Mehta, company director.