1 January 2024 false No description of principal activity Taxfiler 2024.6 14519793business:PrivateLimitedCompanyLtd2024-01-012024-12-31 145197932023-12-31 145197932024-01-012024-12-31 14519793business:AuditExemptWithAccountantsReport2024-01-012024-12-31 14519793business:FilletedAccounts2024-01-012024-12-31 145197932024-12-31 14519793business:Director12024-01-012024-12-31 14519793business:RegisteredOffice2024-01-012024-12-31 145197932023-12-31 14519793core:WithinOneYear2024-12-31 14519793core:WithinOneYear2023-12-31 14519793core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 14519793core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 14519793core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 14519793core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 14519793core:PreviouslyStatedAmount2024-12-31 14519793core:PreviouslyStatedAmount2023-12-31 14519793business:SmallEntities2024-01-012024-12-31 14519793countries:EnglandWales2024-01-012024-12-31 14519793core:ComputerEquipment2024-01-012024-12-31 14519793core:ComputerEquipment2023-12-31 14519793core:ComputerEquipment2024-12-31 14519793business:Director112024-01-012024-12-31 14519793business:Director112023-12-31 14519793business:Director112024-12-31 145197932022-12-022023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 14519793 (England and Wales)
Advantage Transport and Logistics Limited Unaudited accounts for the year ended 31 December 2024
Advantage Transport and Logistics Limited Unaudited accounts Contents
Page
- 2 -
Advantage Transport and Logistics Limited Company Information for the year ended 31 December 2024
Director
D Donald Simson
Company Number
14519793 (England and Wales)
Registered Office
12 Cliff Court Northampton NN3 9BG England
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
- 3 -
Advantage Transport and Logistics Limited Accountants' report
Accountants' report to the director of Advantage Transport and Logistics Limited on the preparation of the unaudited statutory accounts for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Advantage Transport and Logistics Limited for the year ended 31 December 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Advantage Transport and Logistics Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Advantage Transport and Logistics Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Advantage Transport and Logistics Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Advantage Transport and Logistics Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Advantage Transport and Logistics Limited. You consider that Advantage Transport and Logistics Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Advantage Transport and Logistics Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Taxsense 203 West Street Fareham Hants PO16 0EN 1 April 2025
- 4 -
Advantage Transport and Logistics Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
206 
275 
Current assets
Cash at bank and in hand
- 
678 
Creditors: amounts falling due within one year
1,748 
356 
Net current assets
1,748 
1,034 
Net assets
1,954 
1,309 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
1,953 
1,308 
Shareholders' funds
1,954 
1,309 
For the 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. 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 1 April 2025 and were signed on its behalf by
D Donald Simson Director Company Registration No. 14519793
- 5 -
Advantage Transport and Logistics Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Advantage Transport and Logistics Limited is a private company, limited by shares, registered in England and Wales, registration number 14519793. The registered office is 12 Cliff Court, Northampton, NN3 9BG, 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
25% reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2024
283 
At 31 December 2024
283 
Depreciation
At 1 January 2024
8 
Charge for the year
69 
At 31 December 2024
77 
Net book value
At 31 December 2024
206 
At 31 December 2023
275 
- 6 -
Advantage Transport and Logistics Limited Notes to the Accounts for the year ended 31 December 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
26 
- 
VAT
1,530 
1,925 
Obligations under finance leases and hire purchase contracts
(12,117)
(5,193)
Taxes and social security
167 
1,656 
Other creditors
706 
912 
Loans from directors
7,669 
105 
Accruals
271 
239 
(1,748)
(356)
6
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
D Donald Simson
Director Loan Account
(105)
(17,370)
(9,806)
(7,669)
(105)
(17,370)
(9,806)
(7,669)
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 7 -