Aventa Properties Limited - Accounts to registrar (filleted) - small 18.2

Aventa Properties Limited - Accounts to registrar (filleted) - small 18.2

AVENTA PROPERTIES LIMITED - Company Information

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REGISTERED NUMBER: 04908818 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2018

for

Aventa Properties Limited
Aventa Properties Limited (Registered number: 04908818)






Contents of the Financial Statements
for the Year Ended 31 December 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Aventa Properties Limited

Company Information
for the Year Ended 31 December 2018







DIRECTOR: R H Wetherill





SECRETARY: Mrs M Wetherill





REGISTERED OFFICE: Sylvatica
Park Road
Winchester
Hampshire
SO23 7BE





REGISTERED NUMBER: 04908818 (England and Wales)





ACCOUNTANTS: John Brien Chartered Accountant
Basepoint Business Centre
1 Winnall Valley Road
Winchester
Hampshire
SO23 0LD
Page 1
Aventa Properties Limited (Registered number: 04908818)

Balance Sheet
31 December 2018

31.12.18 31.12.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 26,699 30,953
Investment property 5 1,257,000 1,232,500
1,283,699 1,263,453

CURRENT ASSETS
Debtors 6 - 292
Cash at bank 4,170 5,044
4,170 5,336
CREDITORS
Amounts falling due within one year 7 57,675 56,066
NET CURRENT LIABILITIES (53,505 ) (50,730 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,230,194
1,212,723

CREDITORS
Amounts falling due after more than
one year
8
(690,163
)
(703,163
)

PROVISIONS FOR LIABILITIES (32,250 ) (28,720 )
NET ASSETS 507,781 480,840

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 507,771 480,830
SHAREHOLDERS' FUNDS 507,781 480,840

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 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 notes form part of these financial statements

Page 2 continued...
Aventa Properties Limited (Registered number: 04908818)

Balance Sheet - continued
31 December 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 27 September 2019 and were signed
by:





R H Wetherill - Director


The notes form part of these financial statements

Page 3
Aventa Properties Limited (Registered number: 04908818)

Notes to the Financial Statements
for the Year Ended 31 December 2018

1. STATUTORY INFORMATION

Aventa Properties 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rent receivable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit
arising from changes in fair value is recognised in profit or loss.

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.

Page 4 continued...
Aventa Properties Limited (Registered number: 04908818)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2018

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 January 2018 64,853 16,255 81,108
Additions 1,399 - 1,399
At 31 December 2018 66,252 16,255 82,507
DEPRECIATION
At 1 January 2018 41,900 8,255 50,155
Charge for year 3,653 2,000 5,653
At 31 December 2018 45,553 10,255 55,808
NET BOOK VALUE
At 31 December 2018 20,699 6,000 26,699
At 31 December 2017 22,953 8,000 30,953

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2018 1,232,500
Revaluations 24,500
At 31 December 2018 1,257,000
NET BOOK VALUE
At 31 December 2018 1,257,000
At 31 December 2017 1,232,500

Fair value at 31 December 2018 is represented by:

£   
Valuation in 2004 300,000
Valuation in 2007 455,464
Valuation in 2016 394,536
Valuation in 2017 82,500
Valuation in 2018 24,500
1,257,000

Page 5 continued...
Aventa Properties Limited (Registered number: 04908818)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2018

5. INVESTMENT PROPERTY - continued

If the investment properties had not been revalued they would have been included at the
following historical cost:

31.12.18 31.12.17
£    £   
Cost 807,808 807,808

The Investment properties were valued on an open market basis on 31 December 2018 by
the director .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.18 31.12.17
£    £   
Other debtors - 292

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.18 31.12.17
£    £   
Trade creditors 54,635 54,557
Taxation and social security 2,185 675
Other creditors 855 834
57,675 56,066

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.18 31.12.17
£    £   
Other creditors 690,163 703,163

9. ULTIMATE CONTROLLING PARTY

The controlling party is R H Wetherill.

Page 6