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REGISTERED NUMBER: 08445204 (England and Wales)














Advantage Marketing UK Ltd

Unaudited Financial Statements

for the Year Ended 31 March 2023






Advantage Marketing UK Ltd (Registered number: 08445204)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Advantage Marketing UK Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Miss S C Regan





REGISTERED OFFICE: Hockmore Annexe
Oakhanger
Hampshire
GU35 9JU





REGISTERED NUMBER: 08445204 (England and Wales)





ACCOUNTANTS: Barter Durgan
Chartered Accountants
10 Victoria Road South
Southsea
Hampshire
PO5 2DA

Advantage Marketing UK Ltd (Registered number: 08445204)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 289,157 252,971

CURRENT ASSETS
Debtors 5 7,002 25,501
Cash at bank and in hand 49,349 104,895
56,351 130,396
CREDITORS
Amounts falling due within one year 6 60,679 67,023
NET CURRENT (LIABILITIES)/ASSETS (4,328 ) 63,373
TOTAL ASSETS LESS CURRENT
LIABILITIES

284,829

316,344

CREDITORS
Amounts falling due after more than one year 7 113,594 140,753
NET ASSETS 171,235 175,591

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 171,234 175,590
SHAREHOLDERS' FUNDS 171,235 175,591

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Advantage Marketing UK Ltd (Registered number: 08445204)

Balance Sheet - continued
31 March 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 November 2023 and were signed by:





Miss S C Regan - Director


Advantage Marketing UK Ltd (Registered number: 08445204)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Advantage Marketing UK Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Advantage Marketing UK Ltd (Registered number: 08445204)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2022 97,290 63,842 23,280
Additions 18,599 9,831 -
At 31 March 2023 115,889 73,673 23,280
DEPRECIATION
At 1 April 2022
and 31 March 2023 - 4,095 328
NET BOOK VALUE
At 31 March 2023 115,889 69,578 22,952
At 31 March 2022 97,290 59,747 22,952

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2022 64,550 9,383 258,345
Additions 7,756 - 36,186
At 31 March 2023 72,306 9,383 294,531
DEPRECIATION
At 1 April 2022
and 31 March 2023 - 951 5,374
NET BOOK VALUE
At 31 March 2023 72,306 8,432 289,157
At 31 March 2022 64,550 8,432 252,971

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
VAT 7,002 25,501

Advantage Marketing UK Ltd (Registered number: 08445204)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 33,499
Social security and other taxes - 1,500
Directors' current accounts 26,459 31,304
Accrued expenses 34,220 720
60,679 67,023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other loans - 2-5 years 45,536 49,250
Hire purchase contracts 68,058 91,503
113,594 140,753

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary 1 1 1