AV8 CONSULTING LIMITED
Statement of financial position
as at 31 March 2025
Investment property
97,418
-
Cash at bank and in hand
135
2
Creditors: amounts falling due within one year
(61,449)
(4,926)
Net current liabilities
(53,973)
(1,624)
Total assets less current liabilities
43,445
(1,624)
Creditors: amounts falling due after more than one year
(69,730)
-
Net liabilities
(26,285)
(1,624)
Called up share capital
1
1
Profit and loss account
(26,286)
(1,625)
Shareholders' funds
(26,285)
(1,624)
For the year ending 31 March 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 his 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 17 December 2025 and were signed on its behalf by
Anthony Bailey
Director
Company Registration No. 14734794
AV8 CONSULTING LIMITED
Notes to the Accounts
for the year ended 31 March 2025
AV8 CONSULTING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14734794. The registered office is 3 CHURCH END, HOCKLIFFE, LEIGHTON BUZZARD, LU7 9NH, 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.
Note on Accounting Framework Conversion
During the current financial year, the company transitioned from preparing its financial statements under FRS 105: The Financial Reporting Standard applicable to the Micro-entities Regime to FRS 102 Section 1A: Small Entities Regime.
This change was made to provide enhanced disclosures and align with the company’s growth and reporting requirements. The principal effects of this conversion include:
Presentation Changes: Financial statements now include additional primary statements and disclosures required under FRS 102 Section 1A.
Accounting Policies: Certain accounting policies have been updated to comply with FRS 102 requirements.
Comparative Figures: Prior year figures have been restated where necessary to ensure comparability. There are no restatements in the prior year required.
Impact on Equity and Profit: The transition did not result in material adjustments to equity or profit for the comparative period.
The directors consider that the adoption of FRS 102 Section 1A provides a more comprehensive view of the company’s financial position and performance.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
AV8 CONSULTING LIMITED
Notes to the Accounts
for the year ended 31 March 2025
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Amounts falling due within one year
Deferred tax asset
6,074
-
Amounts falling due after more than one year
Accrued income and prepayments
1,267
-
6
Creditors: amounts falling due within one year
2025
2024
Loans from directors
60,729
4,326
7
Creditors: amounts falling due after more than one year
2025
2024
8
Deferred taxation
2025
2024
Tax losses carried forward
(6,074)
-
Credited to the profit and loss account
(6,074)
-
Provision at end of year
(6,074)
-
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).