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Company Registration No. 04440896 (England and Wales)
Advanced Building Ltd Unaudited accounts for the year ended 31 March 2024
Advanced Building Ltd Unaudited accounts Contents
Page
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Advanced Building Ltd Company Information for the year ended 31 March 2024
Director
Mark Jago
Company Number
04440896 (England and Wales)
Registered Office
70 WOOD STREET LONDON E17 3HT
Accountants
NRM ACCOUNTANCY SERVICES LTD 70 Wood Street Walthamstow London E17 3HT
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Advanced Building Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
14,349 
17,499 
Current assets
Cash at bank and in hand
14,160 
1,664 
Creditors: amounts falling due within one year
(35,871)
(29,269)
Net current liabilities
(21,711)
(27,605)
Net liabilities
(7,362)
(10,106)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(7,462)
(10,206)
Shareholders' funds
(7,362)
(10,106)
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 28 September 2024 and were signed on its behalf by
Mark Jago Director Company Registration No. 04440896
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Advanced Building Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Advanced Building Ltd is a private company, limited by shares, registered in England and Wales, registration number 04440896. The registered office is 70 WOOD STREET, LONDON, E17 3HT.
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:
Plant & machinery
18% reducing balance basis.
Motor vehicles
18% reducing balance basis.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
483 
59,687 
60,170 
At 31 March 2024
483 
59,687 
60,170 
Depreciation
At 1 April 2023
476 
42,195 
42,671 
Charge for the year
1 
3,149 
3,150 
At 31 March 2024
477 
45,344 
45,821 
Net book value
At 31 March 2024
6 
14,343 
14,349 
At 31 March 2023
7 
17,492 
17,499 
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Advanced Building Ltd Notes to the Accounts for the year ended 31 March 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
16,571 
18,966 
Taxes and social security
891 
8,053 
Loans from directors
16,807 
- 
Accruals
1,602 
2,250 
35,871 
29,269 
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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