Company Registration No. 09729807 (England and Wales)
Avvoka Limited
Unaudited accounts
for the year ended 31 August 2019
Avvoka Limited
Unaudited accounts
Contents
Avvoka Limited
Company Information
for the year ended 31 August 2019
Directors
Eliot Edward Benzecrit
David Anthony Howorth
Alfred Louis Mark O'Hare
Peter Adam Ernest Opperman
Company Number
09729807 (England and Wales)
Registered Office
2.05
12-18 Hoxton Street
London
N1 6NG
England
Accountants
The Accountancy Cloud
12-18 Hoxton Street
London
N1 6NG
UK
Avvoka Limited
Statement of financial position
as at 31 August 2019
Cash at bank and in hand
45,597
89,689
Creditors: amounts falling due within one year
(37,454)
(23,952)
Net current assets
50,102
100,151
Called up share capital
4
4
Share premium
549,919
549,919
Profit and loss account
(498,880)
(448,498)
Shareholders' funds
51,043
101,425
For the year ending 31 August 2019 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.
Approved by the Board on 16 September 2019.
Eliot Edward Benzecrit
Director
Company Registration No. 09729807
Avvoka Limited
Notes to the Accounts
for the year ended 31 August 2019
Avvoka Limited is a private company, limited by shares, registered in England and Wales, registration number 09729807. The registered office is 2.05, 12-18 Hoxton Street, London, N1 6NG, 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:
Computer equipment
Straight line at 25%
Expenditure on research and development is written off in the year in which it is incurred. Where appropriate, development expenditure is capitalised and amortised over its useful economic life.
Research and development tax credit
During the financial year, Avvoka Limited received a tax credit for qualifying research and development expenditure under the Research and Development tax relief scheme. This is presented as a tax repayment in the Statement of Profit or Loss in line with disclosure requirements under FRS 102.
4
Tangible fixed assets
Computer equipment
Avvoka Limited
Notes to the Accounts
for the year ended 31 August 2019
Trade debtors
41,959
34,310
6
Creditors: amounts falling due within one year
2019
2018
Trade creditors
123
11,964
Taxes and social security
37,331
8,335
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors' Loan Account
3
-
3
-
Amount showed as owed by director in the prior year was incorrectly classified as such and has been expensed through the P&L in the current year
8
Average number of employees
During the year the average number of employees was 5 (2018: 4).
