Company Registration No. 13150823 (England and Wales)
Advaco Investments Limited
Unaudited accounts
for the period from 31 January 2023 to 31 January 2024
Advaco Investments Limited
Unaudited accounts
Contents
Advaco Investments Limited
Company Information
for the period from 31 January 2023 to 31 January 2024
Company Number
13150823 (England and Wales)
Registered Office
FAIR TRADE HOUSE
3 WHITTLE AVENUE
FAREHAM
HAMPSHIRE
PO15 5SH
UNITED KINGDOM
Advaco Investments Limited
Statement of financial position
as at 31 January 2024
Investment property
420,000
420,000
Cash at bank and in hand
26,384
20,441
Creditors: amounts falling due within one year
(299,846)
(351,051)
Net current liabilities
(273,412)
(330,560)
Called up share capital
1
1
Revaluation reserve
33,750
33,750
Profit and loss account
112,837
55,689
Shareholders' funds
146,588
89,440
For the period ending 31 January 2024 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 director acknowledges his 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 and authorised for issue on 15 August 2024 and were signed on its behalf by
Gareth Pearce
Director
Company Registration No. 13150823
Advaco Investments Limited
Notes to the Accounts
for the period from 31 January 2023 to 31 January 2024
Advaco Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 13150823. The registered office is FAIR TRADE HOUSE, 3 WHITTLE AVENUE, FAREHAM, HAMPSHIRE, PO15 5SH, UNITED KINGDOM.
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 period, 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.
Fair value at 31 January 2023
420,000
At 31 January 2024
420,000
5
Investments held as current assets
2024
2023
Unlisted investments
50
50
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
260,000
310,000
Taxes and social security
168
168
Loans from directors
38,712
39,624
7
Average number of employees
During the period the average number of employees was 0 (2023: 0).