AVA_SERVICES_LIMITED - Accounts

A.V.A. SERVICES LIMITED - Company Information

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Company Registration No. 04729525 (England and Wales)

AVA SERVICES LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2015

AVA SERVICES LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

AVA SERVICES LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 APRIL 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

1,949

2,598

Current assets

Stocks

2,772

1,493

Debtors

10,710

16,721

Cash at bank and in hand

33,641

36,315

47,123

54,529

Creditors: amounts falling due within one year

(21,804)

(31,893)

Net current assets

25,319

22,636

Total assets less current liabilities

27,268

25,234

Provisions for liabilities

(274)

(378)

26,994

24,856

Capital and reserves

Called up share capital

Profit and loss account

26,992

24,854

Shareholders' funds

26,994

24,856

For the financial year ended 30 April 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 7 September 2015

S.J. Harry

Director

Company Registration No. 04729525

AVA SERVICES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

25% reducing balance

Fixtures, fittings & equipment

25% reducing balance

Motor vehicles

25% reducing balance

1.5

Stock

Stock is valued at the lower of cost and net realisable value.

1.6

Pensions

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.

1.7

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

AVA SERVICES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 APRIL 2015

- 3 -

Fixed assets

Tangible assets

Cost

At 1 May 2014 & at 30 April 2015

16,976

Depreciation

At 1 May 2014

14,378

Charge for the year

649

At 30 April 2015

15,027

Net book value

At 30 April 2015

1,949

At 30 April 2014

2,598

Share capital

2015

2014

Allotted, called up and fully paid

1 Ordinary of £1 each

1 Ordinary A of £1 each