AVALAYA LIMITED

AVALAYA LIMITED

AVALAYA LIMITED - Company Information

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1 April 2018 false No description of principal activity Taxfiler 2019.11.Web 07554729business:PrivateLimitedCompanyLtd2018-04-012019-03-31 075547292018-03-31 075547292018-04-012019-03-31 07554729business:AuditExemptWithAccountantsReport2018-04-012019-03-31 07554729business:FullAccounts2018-04-012019-03-31 075547292019-03-31 07554729business:Director12018-04-012019-03-31 07554729business:Director22018-04-012019-03-31 07554729business:RegisteredOffice2018-04-012019-03-31 075547292018-03-31 07554729core:WithinOneYear2019-03-31 07554729core:WithinOneYear2018-03-31 07554729core:ShareCapital2019-03-31 07554729core:ShareCapital2018-03-31 07554729core:RetainedEarningsAccumulatedLosses2019-03-31 07554729core:RetainedEarningsAccumulatedLosses2018-03-31 07554729business:SmallEntities2018-04-012019-03-31 07554729countries:EnglandWales2018-04-012019-03-31 07554729core:LandBuildings2018-04-012019-03-31 07554729core:FurnitureFittings2018-04-012019-03-31 07554729core:LandBuildings2018-03-31 07554729core:FurnitureFittings2018-03-31 07554729core:LandBuildings2019-03-31 07554729core:FurnitureFittings2019-03-31 075547292017-04-012018-03-31 iso4217:GBP xbrli:pure
Company Registration No. 07554729 (England and Wales)
AVALAYA LIMITED Unaudited accounts for the year ended 31 March 2019
AVALAYA LIMITED Unaudited accounts Contents
Page
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AVALAYA LIMITED Company Information for the year ended 31 March 2019
Directors
STEPANETS, Nina STAROSTIN, Alexander
Company Number
07554729 (England and Wales)
Registered Office
Unit 9 Freehold Industrial Centre, Amberley Way,Hounslow, Middlesex, TW4 6BX
Accountants
MULTITOP ACCOUNTANTS LTD 114a Bellegrove Road Welling Kent DA16 3QR
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AVALAYA LIMITED Accountants' report
Accountants' report to the board of directors of AVALAYA LIMITED on the preparation of the unaudited statutory accounts for the year ended 31 March 2019
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of AVALAYA LIMITED for the year ended 31 March 2019 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of AVALAYA LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of AVALAYA LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than AVALAYA LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that AVALAYA LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of AVALAYA LIMITED. You consider that AVALAYA LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of AVALAYA LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
MULTITOP ACCOUNTANTS LTD 114a Bellegrove Road Welling Kent DA16 3QR 9 December 2019
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AVALAYA LIMITED Statement of financial position as at 31 March 2019
2019 
2018 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
7,818 
678 
Current assets
Inventories
5
691,237 
652,497 
Debtors
6
- 
1,944 
Cash at bank and in hand
67,532 
22,576 
758,769 
677,017 
Creditors: amounts falling due within one year
7
(664,279)
(623,898)
Net current assets
94,490 
53,119 
Net assets
102,308 
53,797 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
102,208 
53,697 
Shareholders' funds
102,308 
53,797 
For the year ending 31 March 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 9 December 2019.
STAROSTIN, Alexander Director Company Registration No. 07554729
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AVALAYA LIMITED Notes to the Accounts for the year ended 31 March 2019
1
Statutory information
AVALAYA LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07554729. The registered office is Unit 9 , Freehold Industrial Centre,, Amberley Way,Hounslow, , Middlesex, , TW4 6BX.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
25
Fixtures & fittings
25
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2018
12,510 
25,954 
38,464 
Additions
- 
9,773 
9,773 
At 31 March 2019
12,510 
35,727 
48,237 
Depreciation
At 1 April 2018
12,511 
25,275 
37,786 
Charge for the year
- 
2,633 
2,633 
At 31 March 2019
12,511 
27,908 
40,419 
Net book value
At 31 March 2019
(1)
7,819 
7,818 
At 31 March 2018
(1)
679 
678 
5
Inventories
2019 
2018 
£ 
£ 
Finished goods
691,237 
652,497 
691,237 
652,497 
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AVALAYA LIMITED Notes to the Accounts for the year ended 31 March 2019
6
Debtors
2019 
2018 
£ 
£ 
Trade debtors
- 
1,944 
7
Creditors: amounts falling due within one year
2019 
2018 
£ 
£ 
Trade creditors
5,437 
- 
Taxes and social security
14,767 
(9,382)
Loans from directors
644,075 
633,280 
664,279 
623,898 
8
Average number of employees
During the year the average number of employees was 0 (2018: 0).
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