Company Registration No. 09729807 (England and Wales)
Avvoka Limited
Unaudited accounts
for the year ended 31 August 2025
Avvoka Limited
Unaudited accounts
Contents
Avvoka Limited
Company Information
for the year ended 31 August 2025
Directors
Eliot Edward Benzecrit
David Anthony Howorth
Alfred Louis Mark O'Hare
Peter Adam Ernest Opperman
Company Number
09729807 (England and Wales)
Registered Office
124 City Road
London
EC1V 2NX
England
Accountants
The Accountancy Cloud
Level 5a
Maple House
149 Tottenham Court Road
London
W1T 7NF
Avvoka Limited
Statement of financial position
as at 31 August 2025
Tangible assets
37,833
13,586
Cash at bank and in hand
861,001
722,231
Creditors: amounts falling due within one year
(1,654,790)
(1,384,167)
Net current (liabilities)/assets
(364,401)
217,035
Total assets less current liabilities
(326,568)
230,621
Creditors: amounts falling due after more than one year
-
(7,500)
Net (liabilities)/assets
(326,568)
223,121
Called up share capital
4
4
Share premium
624,919
624,919
Profit and loss account
(951,491)
(401,802)
Shareholders' funds
(326,568)
223,121
For the year ending 31 August 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 28 May 2026 and were signed on its behalf by
Eliot Edward Benzecrit
Director
Company Registration No. 09729807
Avvoka Limited
Notes to the Accounts
for the year ended 31 August 2025
Avvoka Limited is a private company, limited by shares, registered in England and Wales, registration number 09729807. The registered office is 124 City Road, London, EC1V 2NX, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
Straight line at 25%
Expenditure on research and development is written off in the year in which it is incurred. Where appropriate, development expenditure is capitalised and amortised over its useful economic life.
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Avvoka Limited
Notes to the Accounts
for the year ended 31 August 2025
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Computer equipment
At 1 September 2024
26,355
At 1 September 2024
12,769
Amounts falling due within one year
Trade debtors
307,849
865,779
Accrued income and prepayments
120,571
12,172
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
7,910
10,000
Trade creditors
164,225
38,932
Amounts owed to group undertakings and other participating interests
34,235
36,256
Taxes and social security
65,230
34,485
Other creditors
26,604
5,253
Deferred income
1,287,657
1,107,011
7
Creditors: amounts falling due after more than one year
2025
2024
Avvoka Limited
Notes to the Accounts
for the year ended 31 August 2025
Allotted, called up and fully paid:
37,189 Ordinary shares of £0.0001 each
3.71
3.71
9
Post balance sheet events
Subsequent to the year end, Avvoka completed an equity fundraise, receiving its first institutional capital of £8m into the company from Valhalla Ventures.
The investment follows a record year of expansion for the company and comes at a pivotal moment for the legal industry. As generative AI moves from experimentation to operational deployment, law firms are confronting a new constraint: that drafting at scale requires structured systems, governance and oversight. Avvoka has spent the past decade building the drafting infrastructure required to safely embed AI into high-volume, high-variation legal work.
Avvoka works with over 20 of the AMLAW 100 and the new funding will help deepen the capabilities of the platform and accelerate further US expansion.
10
Average number of employees
During the year the average number of employees was 26 (2024: 23).