Company Registration No. 12011453 (England and Wales)
Avanti Homes Ltd
Unaudited accounts
for the year ended 30 May 2022
Avanti Homes Ltd
Unaudited accounts
Contents
Avanti Homes Ltd
Company Information
for the year ended 30 May 2022
Directors
Donna Marie Pegg
Geoffrey Thompson Lees
Company Number
12011453 (England and Wales)
Registered Office
126 BUXTON CRESCENT
BROUGHTON ASTLEY
LEICESTER
LE9 6TD
ENGLAND
Avanti Homes Ltd
Statement of financial position
as at 30 May 2022
Investment property
825,000
652,731
Cash at bank and in hand
9,294
95,211
Creditors: amounts falling due within one year
(2,790)
(131,707)
Net current assets/(liabilities)
13,854
(36,496)
Total assets less current liabilities
845,210
616,235
Creditors: amounts falling due after more than one year
(623,391)
(459,889)
Net assets
221,819
156,346
Called up share capital
100
100
Revaluation reserve
220,987
159,500
Profit and loss account
732
(3,254)
Shareholders' funds
221,819
156,346
For the year ending 30 May 2022 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 March 2023 and were signed on its behalf by
Donna Marie Pegg
Director
Company Registration No. 12011453
Avanti Homes Ltd
Notes to the Accounts
for the year ended 30 May 2022
Avanti Homes Ltd is a private company, limited by shares, registered in England and Wales, registration number 12011453. The registered office is 126 BUXTON CRESCENT, BROUGHTON ASTLEY, LEICESTER, LE9 6TD, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings
Fair value at 31 May 2021
652,731
Net gain from fair value adjustments
172,269
Amounts falling due within one year
Avanti Homes Ltd
Notes to the Accounts
for the year ended 30 May 2022
7
Creditors: amounts falling due within one year
2022
2021
Loans from directors
2,075
130,993
8
Creditors: amounts falling due after more than one year
2022
2021
Other creditors
623,391
459,889
9
Average number of employees
During the year the average number of employees was 0 (2021: 0).
