REGISTERED NUMBER: 09024148 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Avonquest Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J Monderer

SECRETARY:

E Monderer

REGISTERED OFFICE:

5 North End Road

London

NW11 7RJ

REGISTERED NUMBER:

09024148 (England and Wales)

ACCOUNTANTS:

London Accounting Group Ltd

CURRENT ASSETS

Debtors

4

1,078,452

859,501

Cash at bank

100,872

190,496

1,179,324

1,049,997

CREDITORS

Amounts falling due within one year

5

193,883

110,737

NET CURRENT ASSETS

985,441

939,260

TOTAL ASSETS LESS CURRENT LIABILITIES

985,441

939,260

CREDITORS

Amounts falling due after more than one year

6

918,288

918,000

NET ASSETS

67,153

21,260

CAPITAL AND RESERVES

Called up share capital

8

1

1

Retained earnings

9

67,152

21,259

SHAREHOLDERS' FUNDS

67,153

21,260

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 June 2026 and were signed by:

J Monderer - Director

1.	STATUTORY INFORMATION

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bridging loan debtors

1,078,451

859,500

Directors' current accounts

1

1

1,078,452

859,501

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade creditors

1

-

Tax

16,432

4,987

Other creditors

166,650

100,950

Accrued expenses

10,800

4,800

193,883

110,737

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans (see note 7)

918,288

918,000

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

918,288

918,000

7.

LOANS

An analysis of the maturity of loans is given below:

31.5.25

31.5.24

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

918,288

918,000

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.25

31.5.24

value:

£

£

1

Ordinary

£1

1

1

9.

RESERVES

Retained

earnings

£

At 1 June 2024

21,259

Profit for the year

45,893

At 31 May 2025

67,152