REGISTERED NUMBER: 11017540 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Avant Property Limited

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

Mr S J R Tozer

Avant Restaurants Limited

Mr E A Brunet

REGISTERED OFFICE:

Bridge Farm

Button Street

Inglewhite

Preston

Lancashire

PR3 2LE

REGISTERED NUMBER:

11017540 (England and Wales)

ACCOUNTANTS:

Chandler and Partners Limited

5 Moor Street

Worcester

Worcestershire

WR1 3DB

The following reproduces the text of the report prepared for the directors 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 Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Avant Property Limited for the year ended 31 December 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Avant Property Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Avant Property Limited and state those matters that we have agreed to state to the Board of Directors of Avant Property Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Avant Property Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Avant Property Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Avant Property Limited. You consider that Avant Property Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Avant Property Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Chandler and Partners Limited

5 Moor Street

Worcester

Worcestershire

WR1 3DB

Date: .............................................

FIXED ASSETS

Intangible assets

4

7,440

11,160

Tangible assets

5

84,752

107,768

92,192

118,928

CURRENT ASSETS

Stocks

6

21,250

21,250

Debtors

7

103,014

122,002

Cash at bank

116,033

129,610

240,297

272,862

CREDITORS

Amounts falling due within one year

8

910,870

959,182

NET CURRENT LIABILITIES

(670,573

)

(686,320

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(578,381

)

(567,392

)

CREDITORS

Amounts falling due after more than one year

9

6,162

16,523

NET LIABILITIES

(584,543

)

(583,915

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(584,544

)

(583,916

)

(584,543

)

(583,915

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2025 and were signed on its behalf by:

Mr E A Brunet - Director

1.	STATUTORY INFORMATION

Avant Property 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.

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.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

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

Short leasehold

-

20% on reducing balance

Plant and machinery

-

33% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2024

and 31 December 2024

18,600

AMORTISATION

At 1 January 2024

7,440

Charge for year

3,720

At 31 December 2024

11,160

NET BOOK VALUE

At 31 December 2024

7,440

At 31 December 2023

11,160

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

Computer

leasehold

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

126,223

14,379

123,329

32,522

296,453

Additions

-

1,620

-

2,372

3,992

At 31 December 2024

126,223

15,999

123,329

34,894

300,445

DEPRECIATION

At 1 January 2024

96,689

7,045

65,901

19,050

188,685

Charge for year

5,907

2,889

14,357

3,855

27,008

At 31 December 2024

102,596

9,934

80,258

22,905

215,693

NET BOOK VALUE

At 31 December 2024

23,627

6,065

43,071

11,989

84,752

At 31 December 2023

29,534

7,334

57,428

13,472

107,768

6.

STOCKS

31.12.24

31.12.23

£

£

Stocks

21,250

21,250

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

3,902

13,432

Other debtors

77,317

77,317

Prepayments

21,795

31,253

103,014

122,002

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

11,938

11,683

Trade creditors

82,424

92,846

Amounts owed to group undertakings

691,081

763,787

VAT

99,419

37,551

Directors' current accounts

10,608

10,186

Accrued expenses

15,400

43,129

910,870

959,182

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans - 1-2 years

6,162

10,361

Bank loans - 2-5 years

-

6,162

6,162

16,523