Avicam Homes Limited - Accounts to registrar (filleted) - small 18.2
Avicam Homes Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| AVICAM HOMES LIMITED |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MAY 2019 |
| AVICAM HOMES LIMITED (REGISTERED NUMBER: 04017395) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the year ended 31 May 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| AVICAM HOMES LIMITED |
| COMPANY INFORMATION |
| for the year ended 31 May 2019 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Station House |
| Connaught Road |
| Brookwood |
| Woking |
| Surrey |
| GU24 0ER |
| AVICAM HOMES LIMITED (REGISTERED NUMBER: 04017395) |
| BALANCE SHEET |
| 31 May 2019 |
| 2019 | 2018 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 | ( |
) | ( |
) |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET (LIABILITIES)/ASSETS | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| The directors acknowledge their 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. |
| AVICAM HOMES LIMITED (REGISTERED NUMBER: 04017395) |
| BALANCE SHEET - continued |
| 31 May 2019 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on |
| AVICAM HOMES LIMITED (REGISTERED NUMBER: 04017395) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the year ended 31 May 2019 |
| 1. | STATUTORY INFORMATION |
| Avicam Homes Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
| value added tax and other sales taxes. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| 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. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to profit or loss in the period to which they relate. |
| Finance costs |
| A proportion of interest on borrowed capital has been capitalised and included in the valuation of stocks. |
| AVICAM HOMES LIMITED (REGISTERED NUMBER: 04017395) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 31 May 2019 |
| 2. | ACCOUNTING POLICIES - continued |
| Maintenance costs |
| Building contracts usually have a twenty four month maintenance contract which runs from completion of the |
| project. Provision is made for these additional maintenance coss based on the current level of costs incurred post |
| balance sheet. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| and | Motor | Computer |
| fittings | vehicles | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 June 2018 |
| and 31 May 2019 |
| DEPRECIATION |
| At 1 June 2018 |
| Charge for year |
| At 31 May 2019 |
| NET BOOK VALUE |
| At 31 May 2019 |
| At 31 May 2018 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Trade debtors |
| Other debtors |
| VAT |
| Accrued income |
| AVICAM HOMES LIMITED (REGISTERED NUMBER: 04017395) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 31 May 2019 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Trade creditors |
| Social security and other taxes |
| VAT | - | 6,988 |
| Other creditors |
| Directors' current accounts | 99,587 | 117,771 |
| Accrued expenses |
| 7. | RELATED PARTY DISCLOSURES |
| The director of Avicam Ltd is a director and shareholder of Technik Recruitment Ltd and Avina Estates Ltd. |
| At the end of the year the company owed £80,566 (2018:£64,566) to Avina Estates Ltd and was owed £23,517 |
| (2018:£23,517) from Technik Recruitment Ltd |
| The loans are interest free and payable on demand. |