15760865falseACQUISITION AND RENTAL OF RESIDENTIAL PROPERTY2024-06-042025-05-31http://www.companieshouse.gov.uk/2024-06-03http://www.companieshouse.gov.uk/cd:Director12024-06-042025-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-05-31http://www.companieshouse.gov.uk/cd:Director22024-06-042025-05-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-06-042025-05-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2025-05-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-06-042025-05-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-06-042025-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-05-31http://www.companieshouse.gov.uk/2024-06-042025-05-31http://www.companieshouse.gov.uk/cd:FRS1022024-06-042025-05-31http://www.companieshouse.gov.uk/2025-05-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-06-042025-05-31http://www.companieshouse.gov.uk/cd:FilletedAccounts2024-06-042025-05-31http://www.companieshouse.gov.uk/pt:LandBuildings2025-05-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 15760865
AVANI REAL ESTATE LTD
ACCOUNTS
FOR THE 362 DAY PERIOD ENDED 31/05/2025
Prepared By:
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT
AVANI REAL ESTATE LTD
ACCOUNTS
FOR THE 362 DAY PERIOD ENDED 31/05/2025
DIRECTORS
AMARJIT SINGH HULLAIT
MRS AMARPREET KAUR HULLAIT
REGISTERED OFFICE
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 15760865
BANKERS
METRO BANK PLC
ACCOUNTANTS
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT
AVANI REAL ESTATE LTD
ACCOUNTS
FOR THE362 DAY PERIODENDED31/05/2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
AVANI REAL ESTATE LTD
BALANCE SHEET AT 31/05/2025
2025
Notes£
FIXED ASSETS
Tangible assets3223,264
CURRENT ASSETS
Debtors41,535
Cash at bank and in hand282
1,817
CREDITORS: Amounts falling due within one year567,102
NET CURRENT LIABILITIES(65,285)
TOTAL ASSETS LESS CURRENT LIABILITIES157,979
CREDITORS: Amounts falling due after more than one year6159,420
NET LIABILITIES(1,441)
CAPITAL AND RESERVES
Called up share capital8100
Profit and loss account(1,541)
SHAREHOLDERS' FUNDS(1,441)
For the year ending 31/05/2025 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 14/05/2026 and signed on their behalf by
.............................
AMARJIT SINGH HULLAIT
Director
AVANI REAL ESTATE LTD
NOTES TO THE ACCOUNTS
FOR THE 362 DAY PERIOD ENDED 31/05/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting FRS 1021 a
The accounts have been prepared under the historical cost convention and are stated in United Kingdom Pounds Sterling.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1b. Going Concern
These financial statements have been prepared on the going concern basis. As at 31 May 2025 the company was in a net current liability of £ 65,285. However the director's have given their assurances that they will not draw on their loan accounts amounting to £ 65,536 and would make further funds available if required. As such the directors are confident that the company will be able to pay its debts as they fall due for at least twelve months from the date that the balance sheet was signed.
1c. Depreciation
Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives.
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is an indication that any items have suffered impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairmeny loss, if any.
Land And Buildingsstraight line2%
Equipmentstraight line10%
1d.
2. EMPLOYEES
2025
No.No.
Average number of employees2
AVANI REAL ESTATE LTD
3. TANGIBLE FIXED ASSETS
Land And
BuildingsEquipmentTotal
£££
Cost
Additions223,3741,440224,814
At 31/05/2025223,3741,440224,814
Depreciation
For the 362 day period1,490601,550
At 31/05/20251,490601,550
Net Book Amounts
At 31/05/2025221,8841,380223,264
4. DEBTORS 2025
£
Amounts falling due within one year
Prepayments1,535
1,535
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
£
Directors current account32,768
Directors current account32,768
Trade creditors250
Other creditors716
Accruals600
67,102
AVANI REAL ESTATE LTD
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025
£
Metro Bank PLC - mortgage >1yr159,420
159,420
The Metro Bank PLC mortgage of £ 159,420 is secured by the freehold property included in these accounts at a net book value of £ 221,884.
7. SECURED CREDITORS
2025
£
Amount of bank loans and overdrafts which are secured159,420
The Metro Bank PLC loan of £ 159,420 is secured on the freehold land and buildings included in these accounts at a net book value of £ 221,884.
8. SHARE CAPITAL 2025
£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100
100
New shares issued during period:
100 Ordinary shares of £1 each100
100
On incorporation of the company one hundred ordinary shares of £ 1 each were issued at par for cash.
9. CONTROLLING PARTY
The company is jointly owned in equal shares by the two directors Mr A S Hullait & Mrs A K Hulliat.
10. RELATED PARTY TRANSACTIONS
Neither director Mr A S Hullait or Mrs A K Hulliat received a dividend in the commencement period 4 June 2024 to 31 May 2025.
AVANI REAL ESTATE LTD
11. GENERAL INFORMATION
Avani Real Estate Ltd is a private company limited by shares and incorporated in England. Its registered office is 13 Wolverhampton Road, Codsall, Wolverhampton, West Midlands, WV8 1PT.
The financial statements are presented in United Kingdom Pounds Sterling, which is the functional currency of the company.
12. NATURE OF OPERATIONS AND PRINCIPAL ACTIVITIES
The company is primarily involved in the acquisition and rental of domestic property. All of which is carried out within the United Kingdom.
The company was incorporated on 4 June 2024 and commenced trade on the same date.