a v & c Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04769224

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		164,190		130,626

			164,190		130,626
CURRENT ASSETS
Debtors	5	468,991		20,644
Cash at bank and in hand		94,616		174,005

		563,607		194,649
Creditors: Amounts Falling Due Within One Year	6	(265,320 )		(116,240 )

NET CURRENT ASSETS (LIABILITIES)			298,287		78,409

TOTAL ASSETS LESS CURRENT LIABILITIES			462,477		209,035

Creditors: Amounts Falling Due After More Than One Year	7		(239,024 )		(64,663 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(41,046 )		(34,616 )

NET ASSETS			182,407		109,756

CAPITAL AND RESERVES
Called up share capital	9		20		20
Profit and Loss Account			182,387		109,736

SHAREHOLDERS' FUNDS			182,407		109,756

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a v & c Limited

Balance Sheet (continued)

As At 31 May 2025

For the year ending 31 May 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr M Kent

Director

05/11/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

a v & c Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04769224 . The registered office is Unit 4 Springwell 27 Dark Lane, Birstall, West Yorkshire, WF17 9LN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% Reducing balance
Motor Vehicles	25% Reducing balance
Fixtures & Fittings	25% Reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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a v & c Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: )

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 June 2024	497,888	66,765	11,035	575,688
Additions	82,890	-	-	82,890

As at 31 May 2025	580,778	66,765	11,035	658,578

Depreciation
As at 1 June 2024	409,409	25,549	10,104	445,062
Provided during the period	42,842	6,252	232	49,326

As at 31 May 2025	452,251	31,801	10,336	494,388

Net Book Value
As at 31 May 2025	128,527	34,964	699	164,190

As at 1 June 2024	88,479	41,216	931	130,626

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	47,542	16,790
Prepayments and accrued income	3,278	3,533
Amounts owed by group undertakings	418,171	321

	468,991	20,644

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a v & c Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	9,948	9,746
Trade creditors	38,109	69,670
Bank loans and overdrafts	51,796	5,752
Corporation tax	44,300	9,573
Other taxes and social security	12,980	1,345
VAT	34,813	15,593
Other creditors	764	422
Credit card	15,018	1,163
Accruals and deferred income	57,393	2,045
Directors' loan accounts	199	931

	265,320	116,240

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	22,402	32,553
Bank loans	216,622	32,110

	239,024	64,663

8. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	9,948	9,746
Later than one year and not later than five years	22,402	32,553

	32,350	42,299

	32,350	42,299

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	20	20

10. Related Party Transactions

United Event Production Ltd

The amount owed by the related party at the balance sheet date was £846 (2024: £321)

United Corporate Solutions Ltd

The amount owed by the related party at the balance sheet date was £417,325

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