Advantage Buying Limited 07874091 false 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is cost consultancy Digita Accounts Production Advanced 6.30.9574.0 true 07874091 2024-01-01 2024-12-31 07874091 2024-12-31 07874091 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 07874091 core:Non-currentFinancialInstruments core:AfterOneYear 2024-12-31 07874091 bus:Micro-entities 2024-01-01 2024-12-31 07874091 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 07874091 bus:FilletedAccounts 2024-01-01 2024-12-31 07874091 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 07874091 bus:RegisteredOffice 2024-01-01 2024-12-31 07874091 bus:Director4 2024-01-01 2024-12-31 07874091 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07874091 countries:EnglandWales 2024-01-01 2024-12-31 07874091 2023-01-01 2023-12-31 07874091 2023-12-31 07874091 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 07874091 core:Non-currentFinancialInstruments core:AfterOneYear 2023-12-31 iso4217:GBP xbrli:pure

Registration number: 07874091

Prepared for the registrar
 

Advantage Buying Limited

Unaudited Financial Statements

for the Year Ended 31 December 2024

 

Advantage Buying Limited

(Registration number: 07874091)
Balance Sheet as at 31 December 2024

2024
£

2023
£

Fixed assets

83,377

94,233

Current assets

215,051

172,996

Prepayments and accrued income

8,281

8,164

Creditors: Amounts falling due within one year

(98,202)

(57,340)

Net current assets

125,130

123,820

Total assets less current liabilities

208,507

218,053

Creditors: Amounts falling due after more than one year

(33,933)

(58,365)

Accruals and deferred income

(3,138)

(4,632)

 

171,436

155,056

Capital and reserves

171,436

155,056

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Muswell Hill Cottage
26 Vicarage Lane
Piddington
Oxon
OX25 1QA

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.

Staff numbers

The average number of persons employed by the company (including directors) during the year, was as follows:

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

 

Advantage Buying Limited

(Registration number: 07874091)
Balance Sheet as at 31 December 2024

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Related party transactions

Transactions with directors

As at 31 December 2024, the company was owed £879 from the directors of the company, in the form of overdrawn director loan accounts. There are no fixed repayment terms and this was the maximum amount owed back during the period.

Approved and authorised by the Board on 27 March 2025 and signed on its behalf by:
 

.........................................
S Sajid
Director