ADVANTAGE AIR SYSTEMS LIMITED

Company Registration Number:
02945484 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

ADVANTAGE AIR SYSTEMS LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Balance sheet
Notes

ADVANTAGE AIR SYSTEMS LIMITED

Balance sheet

As at 28 February 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 141,637 81,849
Total fixed assets: 141,637 81,849
Current assets
Stocks: 1,200 1,200
Debtors:   143,578 156,494
Cash at bank and in hand: 94,256 129,229
Total current assets: 239,034 286,923
Creditors: amounts falling due within one year: 4 (131,869) (154,279)
Net current assets (liabilities): 107,165 132,644
Total assets less current liabilities: 248,802 214,493
Creditors: amounts falling due after more than one year: 5   (5,661)
Provision for liabilities: (26,911) (15,551)
Total net assets (liabilities): 221,891 193,281
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 221,791 193,181
Shareholders funds: 221,891 193,281

The notes form part of these financial statements

ADVANTAGE AIR SYSTEMS LIMITED

Balance sheet statements

For the year ending 28 February 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 09 November 2023
and signed on behalf of the board by:

Name: A Sandford
Status: Director

The notes form part of these financial statements

ADVANTAGE AIR SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ADVANTAGE AIR SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

2. Employees

2023 2022
Average number of employees during the period 6 6

ADVANTAGE AIR SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Tangible Assets

Total
Cost £
At 01 March 2022 230,481
Additions 103,202
Disposals (95,225)
At 28 February 2023 238,458
Depreciation
At 01 March 2022 148,632
Charge for year 21,321
On disposals (73,132)
At 28 February 2023 96,821
Net book value
At 28 February 2023 141,637
At 28 February 2022 81,849

ADVANTAGE AIR SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Creditors: amounts falling due within one year note

Loans and borrowings: £5,621 (2022: £6,642)Trade creditors: £77,369 (2022: £89,537)Taxation and social security: £29,545 (£38,697)Accruals and deferred income: £15,237 (2022: £16,435)Other creditors: £4,097 (2022: £2,968)

ADVANTAGE AIR SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Creditors: amounts falling due after more than one year note

Loans and borrowings: £0 (2022: £5,661)