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REGISTERED NUMBER: 14484687 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 15 NOVEMBER 2022 TO 30 NOVEMBER 2023

FOR

ADVANCED GROUP PM LTD

ADVANCED GROUP PM LTD (REGISTERED NUMBER: 14484687)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 15 NOVEMBER 2022 TO 30 NOVEMBER 2023




Page

Balance Sheet 1

Notes to the Financial Statements 3


ADVANCED GROUP PM LTD (REGISTERED NUMBER: 14484687)

BALANCE SHEET
30 NOVEMBER 2023

Notes £    £   
FIXED ASSETS
Intangible assets 4 15,288
Property, plant and equipment 5 9,750
25,038

CURRENT ASSETS
Debtors 6 345,557
Cash at bank 564,265
909,822
CREDITORS
Amounts falling due within one year 7 370,826
NET CURRENT ASSETS 538,996
TOTAL ASSETS LESS CURRENT
LIABILITIES

564,034

PROVISIONS FOR LIABILITIES 2,438
NET ASSETS 561,596

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 561,496
561,596

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 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.

ADVANCED GROUP PM LTD (REGISTERED NUMBER: 14484687)

BALANCE SHEET - continued
30 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 August 2024 and were signed on its behalf by:





Mr J A McLellan - Director


ADVANCED GROUP PM LTD (REGISTERED NUMBER: 14484687)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 15 NOVEMBER 2022 TO 30 NOVEMBER 2023

1. Statutory information

Advanced Group PM Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 14484687

Registered office: 15 Edmonds Drive
Stevenage
Hertfordshire
SG2 9TJ

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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 50% on reducing balance and 25% on reducing balance

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

ADVANCED GROUP PM LTD (REGISTERED NUMBER: 14484687)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 15 NOVEMBER 2022 TO 30 NOVEMBER 2023

2. Accounting policies - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. Employees and directors

The average number of employees during the period was 3 .

4. Intangible fixed assets
Goodwill
£   
Cost
Additions 180,000
At 30 November 2023 180,000
Amortisation
Charge for period 164,712
At 30 November 2023 164,712
Net book value
At 30 November 2023 15,288

5. Property, plant and equipment
Plant and
machinery
etc
£   
Cost
Additions 12,002
At 30 November 2023 12,002
Depreciation
Charge for period 2,252
At 30 November 2023 2,252
Net book value
At 30 November 2023 9,750

6. Debtors: amounts falling due within one year
£   
Trade debtors 39,068
Other debtors 306,489
345,557

ADVANCED GROUP PM LTD (REGISTERED NUMBER: 14484687)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 15 NOVEMBER 2022 TO 30 NOVEMBER 2023

7. Creditors: amounts falling due within one year
£   
Trade creditors 10,059
Taxation and social security 269,506
Other creditors 91,261
370,826