AVANTIFIX LTD

Company Registration Number:
12228510 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

AVANTIFIX LTD

Contents of the Financial Statements

for the Period Ended 30 September 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

AVANTIFIX LTD

Company Information

for the Period Ended 30 September 2024




Registered office: Bridge Works
Wood Lane
Rothwell
Leeds
England
LS26 0RS
Company Registration Number: 12228510 (England and Wales)

AVANTIFIX LTD

Balance sheet

As at 30 September 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 66,206 88,383
Total fixed assets: 66,206 88,383
Current assets
Stocks: 38,288 23,685
Debtors: 5 861,794 919,721
Cash at bank and in hand: 20,492 68,269
Total current assets: 920,574 1,011,675
Creditors: amounts falling due within one year: 6 ( 607,409 ) ( 689,135 )
Net current assets (liabilities): 313,165 322,540
Total assets less current liabilities: 379,371 410,923
Total net assets (liabilities): 379,371 410,923

The notes form part of these financial statements

AVANTIFIX LTD

Balance sheet continued

As at 30 September 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 200 200
Profit and loss account: 379,171 410,723
Shareholders funds: 379,371 410,923

For the year ending 30 September 2024 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.

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 19 November 2024
And Signed On Behalf Of The Board By:

Name: Alexander Thomas McElhatton
Status: Director

The notes form part of these financial statements

AVANTIFIX LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 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

AVANTIFIX LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 10 9

AVANTIFIX LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 3. Off balance sheet disclosure

    No

AVANTIFIX LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Tangible assets

Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £
At 01 October 2023 2,132 14,755 16,318 76,470 109,675
Additions 0 0 0 0 0
Disposals ( 0 ) ( 0 ) ( 0 ) ( 0 ) ( 0 )
Revaluations - - - - -
Transfers - - - - -
At 30 September 2024 2,132 14,755 16,318 76,470 109,675
Depreciation
At 01 October 2023 708 5,802 6,515 8,267 21,292
Charge for year 245 1,343 1,471 19,118 22,177
On disposals - - - - -
Other adjustments - - - - -
At 30 September 2024 953 7,145 7,986 27,385 43,469
Net book value
At 30 September 2024 1,179 7,610 8,332 49,085 66,206
At 30 September 2023 1,424 8,953 9,803 68,203 88,383

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.

Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously
recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reser

AVANTIFIX LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Debtors


2024
£

2023
£
Trade debtors 754,835 819,709
Other debtors 106,959 100,012
Total 861,794 919,721

AVANTIFIX LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 18,219 28,391
Trade creditors 248,787 269,425
Taxation and social security 92,762 112,550
Other creditors 247,641 278,769
Total 607,409 689,135