AVKB Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 08814496

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		65,375		82,200

			65,375		82,200
CURRENT ASSETS
Debtors	6	3,620		19,668
Investments	7	203,462		-
Cash at bank and in hand		568,424		623,177

		775,506		642,845
Creditors: Amounts Falling Due Within One Year	8	(98,806 )		(149,020 )

NET CURRENT ASSETS (LIABILITIES)			676,700		493,825

TOTAL ASSETS LESS CURRENT LIABILITIES			742,075		576,025

PROVISIONS FOR LIABILITIES
Deferred Taxation			(16,344 )		(18,000 )

NET ASSETS			725,731		558,025

CAPITAL AND RESERVES
Called up share capital	9		101		101
Profit and Loss Account			725,630		557,924

SHAREHOLDERS' FUNDS			725,731		558,025

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AVKB Limited

Balance Sheet (continued)

As At 31 March 2025

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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr A M Bretherton

Director

23 December 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

AVKB Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08814496 . The registered office is Gowran House, 56 Broad Street, Chipping Sodbury, Bristol, BS37 6AG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It was amortised to profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	20% on reducing balance
Equipment, fixtures & fittings	20% on reducing balance

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

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AVKB Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	125,000

As at 31 March 2025	125,000

Amortisation
As at 1 April 2024	125,000

As at 31 March 2025	125,000

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	-

Acquired from the Director at market value on 13/12/13, relating to the exploitation of her name as a sports personality.

5. Tangible Assets

	Motor Vehicles	Equipment, fixtures & fittings	Total
	£	£	£
Cost
As at 1 April 2024	97,955	9,791	107,746

As at 31 March 2025	97,955	9,791	107,746

Depreciation
As at 1 April 2024	19,605	5,941	25,546
Provided during the period	15,670	1,155	16,825

As at 31 March 2025	35,275	7,096	42,371

Net Book Value
As at 31 March 2025	62,680	2,695	65,375

As at 1 April 2024	78,350	3,850	82,200

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AVKB Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	2,651	4,890
Prepayments and accrued income	969	14,778

	3,620	19,668

7. Current Asset Investments

	2025	2024
	£	£
Other investments, held for sale	203,462	-

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	(1 )	-
Corporation tax	61,193	23,427
Other taxes and social security	-	5,656
VAT	6,101	4,263
Other creditors	1,313	5,010
Directors' loan accounts	30,200	110,664

	98,806	149,020

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	101	101

10. Related Party Transactions

The company is controlled by the Directors, who are owed £30,200 (2024 £110,664.00) at the year end.

Dividends	2025	2024
	£	£
Re non-IR35 income
Mrs A Bretherton	500	61,122
Mr A Bretherton	500	15,498
Re IR35 income

...CONTINUED

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AVKB Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Mrs A Bretherton	0	8,099
Mr A Bretherton	-	-
	1,000	84,719

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