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Company Registration No. 13309961 (England and Wales)
ADVANCE METALS LTD Unaudited accounts for the year ended 30 April 2023
ADVANCE METALS LTD Unaudited accounts Contents
Page
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ADVANCE METALS LTD Company Information for the year ended 30 April 2023
Director
Farhan Ahmad
Company Number
13309961 (England and Wales)
Registered Office
274 WITTON LODGE ROAD BIRMINGHAM B23 5LS ENGLAND
Accountants
Clark & Deen Taxpro Limited Benson House, Suite D 98-104 Lombard Street Birmingham West Midlands B12 0QR
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ADVANCE METALS LTD Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Called up share capital not paid
100 
100 
Fixed assets
Tangible assets
1,266 
1,688 
Current assets
Debtors
4,809 
8,289 
Cash at bank and in hand
137,745 
36,286 
142,554 
44,575 
Creditors: amounts falling due within one year
(135,368)
(42,414)
Net current assets
7,186 
2,161 
Net assets
8,552 
3,949 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
8,452 
3,849 
Shareholders' funds
8,552 
3,949 
For the year ending 30 April 2023 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 director acknowledges his 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.
The financial statements were approved by the Board and authorised for issue on 6 November 2023 and were signed on its behalf by
Farhan Ahmad Director Company Registration No. 13309961
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ADVANCE METALS LTD Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
ADVANCE METALS LTD is a private company, limited by shares, registered in England and Wales, registration number 13309961. The registered office is 274 WITTON LODGE ROAD, BIRMINGHAM, B23 5LS, 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.
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:
Computer equipment
25% Straight line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 May 2022
2,250 
At 30 April 2023
2,250 
Depreciation
At 1 May 2022
562 
Charge for the year
422 
At 30 April 2023
984 
Net book value
At 30 April 2023
1,266 
At 30 April 2022
1,688 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
2,254 
4,078 
Trade debtors
2,455 
4,211 
Other debtors
100 
- 
4,809 
8,289 
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ADVANCE METALS LTD Notes to the Accounts for the year ended 30 April 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
89,009 
8,385 
Taxes and social security
1,102 
809 
Other creditors
- 
656 
Loans from directors
45,257 
32,464 
Accruals
- 
100 
135,368 
42,414 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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