AVENUE FLOORING LIMITED


Directors	HAMS, Aaron Eugene
	QUINTON, Ben George
	QUINTON, Lisa Marie Angela


Registered Address	Unit 2 Midas Metropolitan Estate
	193 Garth Road
	Morden
	SM4 4NE


Registered Number	07048150 (England and Wales)

Statement of Financial Position
31 October 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		57,459		76,040
			57,459		76,040
Current assets
Stocks	4	131,733		125,734
Debtors	5	1,170,603		491,447
Cash at bank and on hand		213,286		275,705
		1,515,622		892,886
Creditors amounts falling due within one year	6	(780,941)		(311,992)
Net current assets (liabilities)			734,681		580,894
Total assets less current liabilities			792,140		656,934
Creditors amounts falling due after one year	7		(91,427)		(136,979)
Provisions for liabilities	9		(14,365)		(19,010)
Net assets			686,348		500,945
Capital and reserves
Called up share capital			101		101
Profit and loss account			686,247		500,844
Shareholders' funds			686,348		500,945

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 31 March 2026, and are signed on its behalf by:

HAMS, Aaron Eugene
Director

QUINTON, Ben George
Director

QUINTON, Lisa Marie Angela
Director

Registered Company No. 07048150

AVENUE FLOORING LIMITED

Notes to the Financial Statements
for the year ended 31 October 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	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.

Deferred tax

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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	25
	Fixtures and fittings	25
	Vehicles	25
	Office Equipment	25

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

	Cash and cash equivalents
	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are shown within borrowings in current liabilities.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	4		4

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 November 24	7,810	129,523	6,733	9,250	153,316
Additions	572	-	-	-	572
At 31 October 25	8,382	129,523	6,733	9,250	153,888
Depreciation and impairment
At 01 November 24	7,284	60,261	5,398	4,333	77,276
Charge for year	275	17,316	333	1,229	19,153
At 31 October 25	7,559	77,577	5,731	5,562	96,429
Net book value
At 31 October 25	823	51,946	1,002	3,688	57,459
At 31 October 24	526	69,262	1,335	4,917	76,040

4.	Stocks

	2025	2024
	£	£
Raw materials and consumables	8,000	2,000
Work in progress	123,733	123,734
Total	131,733	125,734

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	923,453	279,001
Other debtors	225,348	207,516
Prepayments and accrued income	21,802	4,930
Total	1,170,603	491,447

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	560,685	177,631
Bank borrowings and overdrafts	32,759	31,012
Taxation and social security	124,842	74,572
Finance lease and HP contracts	12,793	12,793
Other creditors	47,111	13,288
Accrued liabilities and deferred income	2,751	2,696
Total	780,941	311,992

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	78,634	111,393
Other creditors	12,793	25,586
Total	91,427	136,979

8.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	25,586		38,380

9.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	14,365	19,010
Total	14,365	19,010

10.	Related party transactions
	At the balance sheet date, an amount of £107,526 is owed by Avenue Commercial Ltd, which is the parent company and owns 100% ordinary A shares in Avenue Flooring Ltd.

11.	Controlling party
	The ultimate controlling party is the parent company Avenue Commercial Ltd, which owns 100% ordinary A shares in the company.