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REGISTERED NUMBER: 04611885 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2023

FOR

ADVANTIX LIMITED

ADVANTIX LIMITED (REGISTERED NUMBER: 04611885)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

ADVANTIX LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2023







DIRECTORS: Ms I Poliakov
Mr A Poliakov





SECRETARY: Ms I Poliakov





REGISTERED OFFICE: 28 Chester Road
Northwood
HA6 1BQ





REGISTERED NUMBER: 04611885 (England and Wales)





ACCOUNTANTS: Meades Group Limited
39 The Metro Centre
Tolpits Lane
Watford
Hertfordshire
WD18 9SB

ADVANTIX LIMITED (REGISTERED NUMBER: 04611885)

BALANCE SHEET
30TH NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,856 4,455

CURRENT ASSETS
Debtors 5 57,109 55,619
Cash at bank 68,665 49,100
125,774 104,719
CREDITORS
Amounts falling due within one
year

6

95,383

67,358
NET CURRENT ASSETS 30,391 37,361
TOTAL ASSETS LESS CURRENT
LIABILITIES

35,247

41,816

CREDITORS
Amounts falling due after more
than one year

7

(33,953

)

(40,000

)

PROVISIONS FOR LIABILITIES (1,214 ) (846 )
NET ASSETS 80 970

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 70 960
SHAREHOLDERS' FUNDS 80 970

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

ADVANTIX LIMITED (REGISTERED NUMBER: 04611885)

BALANCE SHEET - continued
30TH NOVEMBER 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 Board of Directors and authorised for issue on 29th July 2024 and were signed on its behalf by:





Ms I Poliakov - Director


ADVANTIX LIMITED (REGISTERED NUMBER: 04611885)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2023

1. STATUTORY INFORMATION

Advantix Limited 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 represents fees received for running events and conferences.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st December 2022 29,273 13,934 43,207
Additions - 1,511 1,511
At 30th November 2023 29,273 15,445 44,718
DEPRECIATION
At 1st December 2022 26,518 12,234 38,752
Charge for year 413 697 1,110
At 30th November 2023 26,931 12,931 39,862
NET BOOK VALUE
At 30th November 2023 2,342 2,514 4,856
At 30th November 2022 2,755 1,700 4,455

ADVANTIX LIMITED (REGISTERED NUMBER: 04611885)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
PAYE tax refund - 1,778
Directors' current accounts 47,359 44,091
Section 455 tax 9,750 9,750
57,109 55,619

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Corporation tax 21,168 12,751
Social security and other taxes 1,993 -
VAT 11,345 4,028
Net wages 4,423 -
Credit card balances 7,564 1,721
Pension contributions payable 171 139
Accruals and deferred income 38,719 38,719
95,383 67,358

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans more than a year 33,953 40,000

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30th November 2023 and 30th November 2022:

2023 2022
£    £   
Ms I Poliakov and Mr A Poliakov
Balance outstanding at start of year 44,091 23,727
Amounts advanced 47,344 69,088
Amounts repaid (44,091 ) (48,724 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 47,344 44,091

The directors' current account balances have no fixed date for repayment, are repayable upon demand and include a 2% interest charge on the overdrawn directors' loan account.

ADVANTIX LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
ADVANTIX LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30th November 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Meades Group Limited
39 The Metro Centre
Tolpits Lane
Watford
Hertfordshire
WD18 9SB


29th July 2024