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Company Registration No. 07744854 (England and Wales)
Accounting Advantage Limited Unaudited accounts for the year ended 31 March 2025
Accounting Advantage Limited Unaudited accounts Contents
Page
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Accounting Advantage Limited Company Information for the year ended 31 March 2025
Director
Chris Dew
Company Number
07744854 (England and Wales)
Registered Office
57 LEAMINGTON COURT RESTELL CLOSE LONDON SE3 7RD ENGLAND
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Accounting Advantage Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Current assets
Debtors
7,507 
18,836 
Cash at bank and in hand
3,160 
11,862 
10,667 
30,698 
Creditors: amounts falling due within one year
(624)
(312)
Net current assets
10,043 
30,386 
Net assets
10,043 
30,386 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
10,042 
30,385 
Shareholders' funds
10,043 
30,386 
For the year ending 31 March 2025 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 6 May 2025 and were signed on its behalf by
Chris Dew Director Company Registration No. 07744854
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Accounting Advantage Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Accounting Advantage Limited is a private company, limited by shares, registered in England and Wales, registration number 07744854. The registered office is 57 LEAMINGTON COURT, RESTELL CLOSE, LONDON, SE3 7RD, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,397 
8,215 
Other debtors
110 
10,621 
7,507 
18,836 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Other creditors
624 
312 
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Accounting Advantage Limited Notes to the Accounts for the year ended 31 March 2025
6
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Chris Dew
Directors Loan 1
10,000 
- 
10,000 
- 
Directors Loan 2
- 
10,000 
9,890 
110 
10,000 
10,000 
19,890 
110 
7
Transactions with related parties
Dividends of £500 were paid to the sole Director (2024: £1,000)
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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