AVVA PROPERTIES LTD - Filleted accounts

Registered number

14963126

AVVA PROPERTIES LTD

Filleted Accounts

31 March 2025

AVVA PROPERTIES LTD
Registered number:		14963126
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		883,329			883,329

Current assets
Debtors	4	2,000			-
Cash at bank and in hand		10,401			2,056
		12,401			2,056

Creditors: amounts falling due within one year	5	(207,077)			(200,000)

Net current liabilities			(194,676)			(197,944)

Total assets less current liabilities			688,653			685,385

Creditors: amounts falling due after more than one year	6		(684,999)			(695,999)



Net assets/(liabilities)			3,654			(10,614)

Capital and reserves
Called up share capital			100			100
Profit and loss account			3,554			(10,714)

Shareholder's funds			3,654			(10,614)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr Ali Demir
Director
Approved by the board on 29 December 2025

AVVA PROPERTIES LTD
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		1		1


3	Tangible fixed assets
					Land and buildings
£
	Cost
	At 1 April 2024				883,329
	At 31 March 2025				883,329

	Depreciation
	At 31 March 2025				-

	Net book value
	At 31 March 2025				883,329
	At 31 March 2024				883,329


4	Debtors		2025		2024
£				£

	Pera Mortgages Ltd		2,000		-


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Taxation and social security costs		4,577		-
	Other creditors		202,500		200,000
			207,077		200,000


6	Creditors: amounts falling due after one year		2025		2024
£				£

	Nottingham BS		414,999		414,999
	Enza Ltd		261,000		268,000
	Alenza Ltd		9,000		13,000
			684,999		695,999


7	Other information

	AVVA PROPERTIES LTD is a private company limited by shares and incorporated in England. Its registered office is:
	278 Langham Road
	London
	N15 3NP