Company Registration No. 13810171 (England and Wales)
Advtech Ltd
Unaudited accounts
for the year ended 31 December 2023
Advtech Ltd
Unaudited accounts
Contents
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
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
Advtech Ltd
Statement of financial position
as at 31 December 2023
Called up share capital not paid
-
100
Cash at bank and in hand
91,653
20,107
Creditors: amounts falling due within one year
(93,172)
(21,161)
Net current liabilities
(819)
(754)
Net assets/(liabilities)
148
(654)
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
Advtech Ltd
Notes to the Accounts
for the year ended 31 December 2023
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.
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.
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.
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
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
Amounts falling due within one year
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
-
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).