Avenuepoint Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05557901 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2026

for

Avenuepoint Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S E Nudd

REGISTERED OFFICE:

3 - 5 College Street

Nottingham

NG1 5AQ

REGISTERED NUMBER:

05557901 (England and Wales)

FIXED ASSETS

Tangible assets

4

22,979

29,793

Investment property

5

9,342,674

9,365,653

9,372,467

CURRENT ASSETS

Debtors

6

2,005

9,249

Cash at bank and in hand

380,919

236,947

382,924

246,196

CREDITORS

Amounts falling due within one year

7

1,814,975

1,767,832

NET CURRENT LIABILITIES

(1,432,051

)

(1,521,636

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

7,933,602

7,850,831

CREDITORS

Amounts falling due after more than one
year

8

6,419,882

NET ASSETS

1,513,720

1,430,949

CAPITAL AND RESERVES

Called up share capital

10

4

Retained earnings

1,513,716

1,430,945

SHAREHOLDERS' FUNDS

1,513,720

1,430,949

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 October 2026 and were signed by:

S E Nudd - Director

1.	STATUTORY INFORMATION

Avenuepoint Limited 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.

Turnover

Turnover represents rental income derived from the letting of the company's investment property. Rental income is recognised on a day-by-day basis over the period of the relevant lease agreement.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on cost

Investment property

Investment properties are included in the balance sheet at fair value. Gains are recognised in the income statement. Deferred tax is provided on these gains at the rate expected to apply when the property is sold.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Going concern

The director has assessed the company's ability to continue as a going concern and is satisfied that the business has adequate resources to continue operating for a period of at least 12 months from the date of approval of these financial statements. Accordingly, the financial statements have been prepared on the going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 March 2025

51,249

5,281

56,530

Additions

-

788

Disposals

(2,523

)

(4,497

)

(7,020

)

At 28 February 2026

48,726

1,572

50,298

DEPRECIATION

At 1 March 2025

21,634

5,103

26,737

Charge for year

7,404

198

7,602

Eliminated on disposal

(2,523

)

(4,497

)

(7,020

)

At 28 February 2026

26,515

804

27,319

NET BOOK VALUE

At 28 February 2026

22,211

768

22,979

At 28 February 2025

29,615

178

29,793

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 March 2025

and 28 February 2026

9,342,674

NET BOOK VALUE

At 28 February 2026

9,342,674

At 28 February 2025

9,342,674

The investment properties are valued at fair value by the director.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Other debtors

-

369

VAT

-

6,629

Prepayments and accrued income

2,005

2,251

2,005

9,249

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade creditors

3,551

16,935

Taxation and social security

15,186

2,000

Other creditors

1,796,238

1,748,897

1,814,975

1,767,832

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

Other creditors

6,419,882

2026

2025

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans due in more than

five years not by instalments

6,419,882

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

Other loans

4,919,882

The other loans are secured by a fixed and floating charge over the assets and investment property of the company.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

1

A Shares

£1

1

3

B Shares

£1

3

4

11.	RELATED PARTY DISCLOSURES

Included in other creditors in the current and preceding year are loans of £500,000 each in respect of B Mehigan, D Mehigan and J Lago, the beneficial owners of the 'B' shares.

12.	ULTIMATE CONTROLLING PARTY

The controlling party is S E Nudd.