Avavo Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 09530076 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 8 APRIL 2015 TO 30 APRIL 2016

FOR

AVAVO LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

P M Waine

A D Waine

REGISTERED OFFICE:

1 Hulles Way

North Baddesley

Southampton

Hampshire

SO52 9NS

REGISTERED NUMBER:

09530076 (England and Wales)

ACCOUNTANTS:

Chorus Accounting Limited

Cavendish Suite

Saxon Centre

11 Bargates

Christchurch

Dorset

BH23 1PZ

CURRENT ASSETS

Stocks

3,040

Debtors

1,300

Cash at bank

1,802

6,142

CREDITORS

Amounts falling due within one year

(6,523

)

NET CURRENT LIABILITIES

(381

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(381

)

CAPITAL AND RESERVES

Called up share capital

2

100

Profit and loss account

(481

)

SHAREHOLDERS' FUNDS

(381

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2016 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 5 January 2017 and were signed on its behalf by:

P M Waine - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in

accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

100 Ordinary shares of £1 were issued during the period for cash of £ 100 .

3.	GOING CONCERN

As at the balance sheet date the company has a deficit of assets of £381. The directors have

prepared the accounts on a going concern basis as they believe that the company will make

sufficient profits in the following period to reverse this position. In addition the directors have

injected funds for working capital which they have not confirmed will be removed immediately.