Avendris Limited - Accounts to registrar (filleted) - small 18.2

Avendris Limited - Accounts to registrar (filleted) - small 18.2


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REGISTERED NUMBER: SC226276 (Scotland)















Unaudited Financial Statements for the Year Ended 28 February 2019

for

Avendris Limited

Avendris Limited (Registered number: SC226276)






Contents of the Financial Statements
for the Year Ended 28 February 2019




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

Avendris Limited

Company Information
for the Year Ended 28 February 2019







DIRECTORS: M Robb
Mrs G Robb





SECRETARY: Mrs G Robb





REGISTERED OFFICE: Dundas House
Westfield Park
Eskbank
Edinburgh
EH22 3FB





BUSINESS ADDRESS: Seaview
The Square
Cockburnspath
Scottish Borders
TD13 5XX





REGISTERED NUMBER: SC226276 (Scotland)





ACCOUNTANTS: Stewart & Stewart Ltd
Chartered Accountants
Achorn House
34 Millbank Road
Munlochy
Ross-Shire
IV8 8ND

Avendris Limited (Registered number: SC226276)

Abridged Balance Sheet
28 February 2019

28.2.19 28.2.18
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,816 1,153

CURRENT ASSETS
Debtors 92,586 44,056
Cash at bank 2,933 235
95,519 44,291
CREDITORS
Amounts falling due within one year 77,695 43,167
NET CURRENT ASSETS 17,824 1,124
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,640

2,277

PROVISIONS FOR LIABILITIES 535 180
NET ASSETS 20,105 2,097

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings 18,105 97
20,105 2,097

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2019 in accordance with Section 476 of the Companies Act 2006.

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.

Avendris Limited (Registered number: SC226276)

Abridged Balance Sheet - continued
28 February 2019


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 28 February 2019 in accordance with Section 444(2A) of the Companies Act 2006.

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 28 November 2019 and were signed on its behalf
by:





M Robb - Director


Avendris Limited (Registered number: SC226276)

Notes to the Financial Statements
for the Year Ended 28 February 2019

1. STATUTORY INFORMATION

Avendris Limited is a private company, limited by shares , registered in Scotland. 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 is measured at the fair value of the consideration received or receivable for services rendered, net of
discounts and Value Added Tax.

Turnover from a contract to provide services is recognised in the period in which the services are provided in
accordance with the stage of completion of the contract. Turnover is recognised when the amount of turnover
can be measured reliably, it is probable that the Company will receive the consideration due under the contract,
the stage of completion of the contract at the end of the reporting period can be measured reliably and when the
costs incurred and the costs to complete the contract can be measured reliably.

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

Avendris Limited (Registered number: SC226276)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2019

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2018 11,377
Additions 2,607
At 28 February 2019 13,984
DEPRECIATION
At 1 March 2018 10,224
Charge for year 944
At 28 February 2019 11,168
NET BOOK VALUE
At 28 February 2019 2,816
At 28 February 2018 1,153

5. GUARANTEES AND OTHER FINANCIAL COMMITMENTS

The company had total guarantees and commitments at the balance sheet date of £36,877 (2018 - nil).

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2019 and
28 February 2018:

28.2.19 28.2.18
£    £   
M Robb
Balance outstanding at start of year 11,238 5,390
Amounts advanced 81,856 5,848
Amounts repaid (50,170 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 42,924 11,238

The director's loan bears interest at 2.5%, is unsecured and has no fixed terms of repayment.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Avendris Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file
a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary
statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Avendris Limited for the year ended 28 February 2019 which comprise the Abridged Income
Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information
and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the Board of Directors of Avendris Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Avendris Limited and state those matters that we have agreed to state to the Board of Directors of Avendris Limited, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Avendris Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Avendris Limited. You consider that Avendris Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Avendris Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Stewart & Stewart Ltd
Chartered Accountants
Achorn House
34 Millbank Road
Munlochy
Ross-Shire
IV8 8ND


28 November 2019