Advanced Work Management Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
03518820
. The registered office is 6 Pointers Close, Isle Of Dogs, London, E14 3AP.
Basis of Preparation
The financial statements have been prepared in accordance with Financial Reporting Standard 105 (FRS 105) 'The Financial Reporting Standard applicable to the Micro-entities Regime'. The Company has transitioned from Financial Reporting Standard 102 (FRS 102) Section 1A to FRS 105 in the current year.
Change in Accounting Policy
In the prior year, the financial statements were prepared under FRS 102 Section 1A. In the current year, the Company has elected to adopt FRS 105, which is applicable to micro-entities. The transition to FRS 105 has not resulted in any changes to the accounting policies previously applied by the Company.
The Company expects that the adoption of FRS 105 will simplify its financial reporting requirements and reduce the compliance burden associated with FRS 102 Section 1A. The directors believe that FRS 105 provides relevant and reliable financial information for the Company's users.