AVANGARDE CONSULTING LIMITED

Company Registration Number:
04525722 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

AVANGARDE CONSULTING LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

AVANGARDE CONSULTING LIMITED

Company Information

for the Period Ended 31 December 2023




Director: Abdul Parkar
Secretary: Hajirah Parkar
Registered office: 46
Longmeadow Drive
Wilstead
Bedfordshire
MK45 3FB
Company Registration Number: 04525722 (England and Wales)

AVANGARDE CONSULTING LIMITED

Directors' Report Period Ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal Activities

Business Consultancy and Training

Political and charitable donations

none

Company policy on the employment of disabled persons

The Company has an open policy to employ people with disability

Directors

The directors shown below have held office during the whole of the period from 01 January 2023 to 31 December 2023
Abdul Parkar

Secretary
Hajirah Parkar

This report was approved by the board of directors on 26 September 2024
And Signed On Behalf Of The Board By:

Name: Abdul Parkar
Status: Director

AVANGARDE CONSULTING LIMITED

Profit and Loss Account

for the Period Ended 31 December 2023


Notes

2023
£

2022
£
Gross Profit or (Loss) 137,500 140,000
Administrative Expenses ( 123,962 ) ( 127,532 )
Operating Profit or (Loss) 13,538 12,468
Profit or (Loss) Before Tax 13,538 12,468
Tax on Profit ( 2,572 ) ( 2,369 )
Profit or (Loss) for Period 10,966 10,099

The notes form part of these financial statements

AVANGARDE CONSULTING LIMITED

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 4,292 4,769
Total fixed assets: 4,292 4,769
Current assets
Debtors: 45,035 32,986
Cash at bank and in hand: 18,634 16,758
Total current assets: 63,669 49,744
Creditors: amounts falling due within one year: ( 0 ) ( 0 )
Net current assets (liabilities): 63,669 49,744
Total assets less current liabilities: 67,961 54,513
Total net assets (liabilities): 67,961 54,513

The notes form part of these financial statements

AVANGARDE CONSULTING LIMITED

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 66,961 53,513
Shareholders funds: 67,961 54,513

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 26 September 2024
And Signed On Behalf Of The Board By:

Name: Abdul Parkar
Status: Director

The notes form part of these financial statements

AVANGARDE CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Income generated by the company will be allocated and distributed according to the following priorities:

    a. Operational Expenses: The first priority is to cover the operational expenses necessary to sustain and grow the business. This includes salaries, rent, utilities, marketing, and other day-to-day costs.

    b. Reserve Funds: A portion of income will be set aside to build and maintain financial reserves to safeguard against economic downturns and unforeseen expenses.

    c. Investments: Funds may be allocated for investments in research and development, infrastructure, technology, or other areas that align with the company's strategic goals.

    d. Shareholders and Owners: After meeting operational needs, investing in the business, and maintaining reserves, income may be distributed to shareholders or owners in accordance with the company's financial and legal obligations.

    Tangible fixed assets depreciation policy

    Depreciation is on 10% per annum on reducing balance

AVANGARDE CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

AVANGARDE CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

AVANGARDE CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 4,769
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2023 4,769
Depreciation
At 01 January 2023 -
Charge for year 477
On disposals -
Other adjustments -
At 31 December 2023 477
Net book value
At 31 December 2023 4,292
At 31 December 2022 4,769

Depreciation is on 10% per annum on reducing balance