ADVANTAGE AIR SYSTEMS LIMITED

Company Registration Number:
02945484 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

ADVANTAGE AIR SYSTEMS LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

ADVANTAGE AIR SYSTEMS LIMITED

Balance sheet

As at 28 February 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 169,064 141,637
Total fixed assets: 169,064 141,637
Current assets
Stocks: 1,200 1,200
Debtors:   81,299 143,578
Cash at bank and in hand: 175,445 94,256
Total current assets: 257,944 239,034
Creditors: amounts falling due within one year: 4 (114,954) (131,869)
Net current assets (liabilities): 142,990 107,165
Total assets less current liabilities: 312,054 248,802
Creditors: amounts falling due after more than one year:   (15,067)
Provision for liabilities: (39,561) (26,911)
Total net assets (liabilities): 257,426 221,891
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 257,326 221,791
Shareholders funds: 257,426 221,891

The notes form part of these financial statements

ADVANTAGE AIR SYSTEMS LIMITED

Balance sheet statements

For the year ending 28 February 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.

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 in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 November 2024
and signed on behalf of the board by:

Name: S Sandford
Status: Director

The notes form part of these financial statements

ADVANTAGE AIR SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

1. Accounting policies

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

ADVANTAGE AIR SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

2024 2023
Average number of employees during the period 6 6

ADVANTAGE AIR SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Tangible Assets

Total
Cost £
At 01 March 2023 238,458
Additions 86,947
Disposals (72,966)
At 28 February 2024 252,439
Depreciation
At 01 March 2023 96,821
Charge for year 37,525
On disposals (50,971)
At 28 February 2024 83,375
Net book value
At 28 February 2024 169,064
At 28 February 2023 141,637

ADVANTAGE AIR SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Creditors: amounts falling due within one year note

Loans and borrowings: £5,793 (2023: £5,621) Trade creditors: £26,638 (2023: £77,369) Taxation and social security: £63,612 (2023: £29,545) Accruals and deferred income: £15,179 (2023: £15,237) Other creditors: £4,032 (2023: £4,097)