Company Registration No. 6289639 (England and Wales)
Avert Risk International Ltd
Annual report and unaudited accounts
for the year ended 30 June 2016
Avert Risk International Ltd
Annual report and unaudited accounts
Contents
Avert Risk International Ltd
Company Information
for the year ended 30 June 2016
Directors
Mr C Leccia
Mrs S Leccia
Company Number
6289639 (England and Wales)
Registered Office
99 Whitecross Road
Hereford
Herefordshire
HR4 0LS
Avert Risk International Ltd
Statement of financial position
as at
30 June 2016
Tangible assets
2,602
2,653
Investments
69,850
19,850
Cash at bank and in hand
139,316
77,358
Creditors: amounts falling due within one year
(17,244)
(31,312)
Net current assets
191,922
165,896
Net assets
194,524
168,549
Called up share capital
2
2
Profit and loss account
194,522
168,547
Shareholders' funds
194,524
168,549
For the year ending 30 June 2016 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 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.
Approved by the Board on 10 January 2017.
Mr C Leccia
Director
Company Registration No. 6289639
Avert Risk International Ltd
Notes to the Accounts
for the year ended 30 June 2016
Avert Risk International Ltd is a private company, limited by shares, registered in England and Wales, registration number 6289639. The registered office and principal place of business is 99 Whitecross Road, Hereford, Herefordshire, HR4 0LS.
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.
These financial statements for the year ended 30 June 2016 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
Avert Risk International Ltd
Notes to the Accounts
for the year ended 30 June 2016
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
6
Investments held as current assets
2016
2015
Listed investments
69,850
19,850
7
Creditors: amounts falling due within one year
2016
2015
Bank loans and overdrafts
-
93
Corporation tax
13,746
21,454
Other taxes and social security costs
150
213
Loans from directors
2,448
8,827
8
Average number of employees
During the year the average number of employees was 0 (2015: 0).