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Company Registration No. 13810171 (England and Wales)
Advtech Ltd Unaudited accounts for the year ended 31 December 2023
Advtech Ltd Unaudited accounts Contents
Page
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Advtech Ltd Company Information for the year ended 31 December 2023
Directors
Maxim Skachko Mark Roland Coombs
Company Number
13810171 (England and Wales)
Registered Office
74 Willowbrook Road Southall Middlesex UB2 4RH England
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Advtech Ltd for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Advtech Ltd for the year ended 31 December 2023 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Advtech Ltd, as a body, in accordance with the terms of our engagement letter dated 20 December 2021. Our work has been undertaken solely to prepare for your approval the accounts of Advtech Ltd and state those matters that we have agreed to state to the Board of Directors of Advtech Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Advtech Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Advtech Ltd 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 Advtech Ltd. You consider that Advtech Ltd 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 Advtech Ltd. 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.
Chartered Certified Accountants 29 January 2024
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Advtech Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Called up share capital not paid
- 
100 
Fixed assets
Tangible assets
967 
- 
Current assets
Debtors
700 
300 
Cash at bank and in hand
91,653 
20,107 
92,353 
20,407 
Creditors: amounts falling due within one year
(93,172)
(21,161)
Net current liabilities
(819)
(754)
Net assets/(liabilities)
148 
(654)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
48 
(754)
Shareholders' funds
148 
(654)
For the year ending 31 December 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 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.
The financial statements were approved by the Board of Directors and authorised for issue on 29 January 2023 and were signed on its behalf by
Mark Roland Coombs Director Company Registration No. 13810171
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Advtech Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Advtech Ltd is a private company, limited by shares, registered in England and Wales, registration number 13810171. The registered office is 74 Willowbrook Road, , Southall, Middlesex, UB2 4RH, 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:
Plant & machinery
25% Straight Line
Going concern
The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future and have therefore used the going concern basis in preparing the financial statements.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2023
- 
Additions
1,290 
At 31 December 2023
1,290 
Depreciation
Charge for the year
323 
At 31 December 2023
323 
Net book value
At 31 December 2023
967 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
700 
300 
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Advtech Ltd Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
10,679 
1,800 
Taxes and social security
2,251 
- 
Other creditors
64,139 
19,361 
Loans from directors
16,103 
- 
93,172 
21,161 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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