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Registered Number: 09884279
England and Wales

 

 

 

AVID TECHNOLOGIES LIMITED



Abridged Accounts
 


Period of accounts

Start date: 01 December 2024

End date: 30 November 2025
 
 
Notes
 
2025
£
  2024
£
Fixed assets      
Tangible fixed assets 3 863   
Investments 4 20,000    20,000 
20,863    20,000 
Current assets      
Debtors: amounts falling due within one year 31,903    56,903 
Cash at bank and in hand 30,934    11,432 
62,837    68,335 
Creditors: amount falling due within one year (5,000)   (5,000)
Net current assets 57,837    63,335 
 
Total assets less current liabilities 78,700    83,335 
Net assets 78,700    83,335 
 

Capital and reserves
     
Called up share capital 100    100 
Profit and loss account 78,600    83,235 
Shareholders' funds 78,700    83,335 
 


For the year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 profit and loss account has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 03 August 2026 and were signed by:


-------------------------------
Babu Rajendra Prasad KOYA
Director
1
General Information
AVID TECHNOLOGIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09884279, registration address 36, High Ash Drive, Leeds, LS17 8RA.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
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)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment 3 Straight Line
Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.
2.

Average number of employees

Average number of employees during the year was 0 (2024 : 1).
3.

Tangible fixed assets

Cost or valuation Computer Equipment   Total
  £   £
At 01 December 2024  
Additions 1,195    1,195 
Disposals  
At 30 November 2025 1,195    1,195 
Depreciation
At 01 December 2024  
Charge for year 332    332 
On disposals  
At 30 November 2025 332    332 
Net book values
Closing balance as at 30 November 2025 863    863 
Opening balance as at 01 December 2024  


4.

Investments

Cost Other investments other than loans   Total
  £   £
At 01 December 2024 20,000    20,000 
Additions  
Disposals  
At 30 November 2025 20,000    20,000 

2