Avinair Limited - Limited company - abbreviated - 11.0.0

Avinair Limited - Limited company - abbreviated - 11.0.0

AVINAIR LIMITED - Company Information

Print Friendly Version

06416727 1.12.12 30.11.13 30.11.13 Company accounts Private Limited Company FY true false true false true false false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure064167272012-11-30064167272013-11-30064167272012-12-012013-11-30064167272011-11-30064167272011-12-012012-11-30064167272012-11-3006416727ns12:England2012-12-012013-11-3006416727ns14:PoundSterling2012-12-012013-11-3006416727ns7:Director12012-12-012013-11-3006416727ns7:OrdinaryShareClass12012-12-012013-11-3006416727ns7:CompanySecretary2012-12-012013-11-3006416727ns7:RegisteredOffice2012-12-012013-11-3006416727ns7:EntityAccountantsOrAuditors2012-12-012013-11-3006416727ns5:PlantMachinery2012-12-012013-11-3006416727ns7:OrdinaryShareClass12013-11-3006416727ns7:OrdinaryShareClass12012-11-30
REGISTERED NUMBER: 06416727 (England and Wales)



























ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2013

FOR

AVINAIR LIMITED

AVINAIR LIMITED (REGISTERED NUMBER: 06416727)






CONTENTS OF THE ABBREVIATED ACCOUNTS
for the Year Ended 30 November 2013




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

AVINAIR LIMITED

COMPANY INFORMATION
for the Year Ended 30 November 2013







DIRECTOR: P Singh





SECRETARY:





REGISTERED OFFICE: 124 Livery Street
Birmingham
West Midlands
B3 1RS





REGISTERED NUMBER: 06416727 (England and Wales)





ACCOUNTANTS: Hayers Accountants
Colman House
121 Livery Street
Birmingham
B3 1RS
Page 1
AVINAIR LIMITED (REGISTERED NUMBER: 06416727)

ABBREVIATED BALANCE SHEET
30 November 2013

2013 2012
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 116,472 130,780

CURRENT ASSETS
Debtors 47,066 26,103
Cash at bank and in hand 2,007 9,031
49,073 35,134
CREDITORS
Amounts falling due within one year 138,103 144,902
NET CURRENT LIABILITIES (89,030 ) (109,768 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
27,442
21,012

PROVISIONS FOR LIABILITIES 308 372
NET ASSETS 27,134 20,640

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 27,034 20,540
SHAREHOLDERS' FUNDS 27,134 20,640

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 21 August 2014 and were signed by:





P Singh - Director


The notes form part of these abbreviated accounts

Page 2
AVINAIR LIMITED (REGISTERED NUMBER: 06416727)

NOTES TO THE ABBREVIATED ACCOUNTS
for the Year Ended 30 November 2013

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 April 2008).

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

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 - 33% on cost, 25% on reducing balance, 25% on cost and 20% on cost

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Grants
Grants received towards the fixed assets are treated as deferred income and released to the profit and loss
account over the useful life of the asset concerned. Grants for immediate financial support or to cover cost
already incurred are recognised immediately in the profit and loss account. Grants are not recognised in the
profit and loss account until the conditions for their receipt have been complied with.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 December 2012 163,160
Additions 429
At 30 November 2013 163,589
DEPRECIATION
At 1 December 2012 32,380
Charge for year 14,737
At 30 November 2013 47,117
NET BOOK VALUE
At 30 November 2013 116,472
At 30 November 2012 130,780

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2013 2012
value: £    £   
100 Ordinary £1 100 100

4. RELATED PARTY DISCLOSURES

Other debtors includes an amount of £2,000 and £2,403 receivable from ETC Limited and Apprex Limited, both
companies are in common ownership and control.

Page 3 continued...
AVINAIR LIMITED (REGISTERED NUMBER: 06416727)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the Year Ended 30 November 2013

5. GOVERNMENT GRANTS

In the year 2011 the company had received a grant of £156,000 from Birmingham City Council, for
refurbishment, landscaping, indoor and outdoor equipment for the nursery.Grant income of £13,821 has been
realised in the year under review and the balance of £114,537 is reported in other creditors as deferred income.
No corporation tax has been charged on grant income.

Page 4