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Company Registration No. 08083160 (England and Wales)
Breakthrough Advisors Ltd Unaudited accounts for the year ended 31 March 2024
Breakthrough Advisors Ltd Unaudited accounts Contents
Page
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Breakthrough Advisors Ltd Company Information for the year ended 31 March 2024
Director
Mr O Weeks
Company Number
08083160 (England and Wales)
Registered Office
256 Tadcaster Road York North Yorkshire YO24 1ES England
Accountants
Woolley & Co - Accountants and Chartered Tax Advisors Crown House, York Road Shiptonthorpe York East Yorkshire YO43 3PF
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Breakthrough Advisors Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,220 
525 
Current assets
Debtors
6,663 
6,036 
Cash at bank and in hand
716,466 
746,441 
723,129 
752,477 
Creditors: amounts falling due within one year
(15,913)
(28,722)
Net current assets
707,216 
723,755 
Total assets less current liabilities
709,436 
724,280 
Provisions for liabilities
Deferred tax
(100)
(100)
Net assets
709,336 
724,180 
Capital and reserves
Called up share capital
101 
101 
Profit and loss account
709,235 
724,079 
Shareholders' funds
709,336 
724,180 
For the year ending 31 March 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 7 October 2024 and were signed on its behalf by
Mr O Weeks Director Company Registration No. 08083160
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Breakthrough Advisors Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Breakthrough Advisors Ltd is a private company, limited by shares, registered in England and Wales, registration number 08083160. The registered office is 256 Tadcaster Road, York, North Yorkshire, YO24 1ES, England.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% on a reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
3,382 
1,531 
4,913 
Additions
- 
1,852 
1,852 
At 31 March 2024
3,382 
3,383 
6,765 
Depreciation
At 1 April 2023
3,382 
1,006 
4,388 
Charge for the year
- 
157 
157 
At 31 March 2024
3,382 
1,163 
4,545 
Net book value
At 31 March 2024
- 
2,220 
2,220 
At 31 March 2023
- 
525 
525 
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Breakthrough Advisors Ltd Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,663 
6,036 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
3,221 
3,697 
Trade creditors
1,083 
36 
Taxes and social security
7,458 
21,358 
Loans from directors
4,151 
3,631 
15,913 
28,722 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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