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Company Registration No. 09881808 (England and Wales)
Aviary Apartments Ltd Unaudited accounts for the year ended 31 March 2025
Aviary Apartments Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Aviary Apartments Ltd Company Information for the year ended 31 March 2025
Directors
James Bird Arvind Makadia
Company Number
09881808 (England and Wales)
Registered Office
41 Allerton Road Stoke Newington London N16 5UF
Accountants
Premium Accounting Services Limited A4-55 Peel Road, Harrow Harrow Middlesex HA3 7QT
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Aviary Apartments Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Investments
4
100
100
Current assets
Debtors
5
38,809
38,809
Cash at bank and in hand
70
-
38,879
38,809
Creditors: amounts falling due within one year
6
(91,269)
(90,648)
Net current liabilities
(52,390)
(51,839)
Net liabilities
(52,290)
(51,739)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(52,390)
(51,839)
Shareholders' funds
(52,290)
(51,739)
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 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 of Directors and authorised for issue on 31 March 2026 and were signed on its behalf by
James Bird Director Company Registration No. 09881808
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Aviary Apartments Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Aviary Apartments Ltd is a private company, limited by shares, registered in England and Wales, registration number 09881808. The registered office is 41 Allerton Road, Stoke Newington, London, N16 5UF.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognized in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognized in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognized in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.
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Aviary Apartments Ltd Notes to the Accounts for the year ended 31 March 2025
Financial instruments
A financial asset or a financial liability is recognized only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognized at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognized at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortized cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognized in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognized at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognized in profit or loss, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortized cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognized in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognized in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognized.
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Going concern
shareholders will continue to financially support the company for a period of 12 months from the date of these financial statements. This support will be reviewed at that time.
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Aviary Apartments Ltd Notes to the Accounts for the year ended 31 March 2025
4
Investments
Subsidiary undertakings
£
Valuation at 1 April 2024
100
Valuation at 31 March 2025
100
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Amounts due from group undertakings etc.
36,304
36,304
Other debtors
2,505
2,505
38,809
38,809
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
43,925
43,925
Trade creditors
2,821
2,700
Accruals
44,523
44,023
91,269
90,648
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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