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Company Registration No. 08453538 (England and Wales)
Ads Consultancy Sussex Ltd Unaudited accounts for the year ended 30 September 2024
Ads Consultancy Sussex Ltd Unaudited accounts Contents
Page
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Ads Consultancy Sussex Ltd Company Information for the year ended 30 September 2024
Director
Andrew de Silva
Company Number
08453538 (England and Wales)
Registered Office
60 Old Shoreham Road Lancing West Sussex BN15 0QZ England
Accountants
Collective Concepts Accounting Ltd
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Ads Consultancy Sussex Ltd Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
31,460 
7,982 
Current assets
Debtors
50,090 
55,897 
Cash at bank and in hand
3,973 
6,955 
54,063 
62,852 
Creditors: amounts falling due within one year
(18,168)
(18,692)
Net current assets
35,895 
44,160 
Total assets less current liabilities
67,355 
52,142 
Creditors: amounts falling due after more than one year
(20,811)
- 
Net assets
46,544 
52,142 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
46,444 
52,042 
Shareholders' funds
46,544 
52,142 
For the year ending 30 September 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 26 June 2025 and were signed on its behalf by
Andrew de Silva Director Company Registration No. 08453538
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Ads Consultancy Sussex Ltd Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Ads Consultancy Sussex Ltd is a private company, limited by shares, registered in England and Wales, registration number 08453538. The registered office is 60, Old Shoreham Road, Lancing, West Sussex, BN15 0QZ, 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 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.
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:
Plant & machinery
3 years - Straight line
Motor vehicles
4 years - Straight line
Computer equipment
4 years - Straight line
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Going concern
The financial statement have been prepared on a going concern basis on the grounds that the Directors have confirmed they will continue to support the company
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.
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Ads Consultancy Sussex Ltd Notes to the Accounts for the year ended 30 September 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 October 2023
- 
16,690 
400 
17,090 
Additions
504 
28,541 
- 
29,045 
At 30 September 2024
504 
45,231 
400 
46,135 
Depreciation
At 1 October 2023
- 
9,041 
67 
9,108 
Charge for the year
105 
5,362 
100 
5,567 
At 30 September 2024
105 
14,403 
167 
14,675 
Net book value
At 30 September 2024
399 
30,828 
233 
31,460 
At 30 September 2023
- 
7,649 
333 
7,982 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,520 
- 
Accrued income and prepayments
3,063 
- 
Other debtors
44,507 
55,897 
50,090 
55,897 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
7,135 
3,331 
VAT
- 
2,978 
Trade creditors
3,063 
(2)
Taxes and social security
7,970 
12,385 
18,168 
18,692 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
20,811 
- 
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Ads Consultancy Sussex Ltd Notes to the Accounts for the year ended 30 September 2024
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Andrew de Silva
55,897 
81,437 
94,772 
42,562 
55,897 
81,437 
94,772 
42,562 
At the year end the company was due £42,562 (2023: £55,897) from Director as at 30/09/2024. The loan has interest charge of 2.25% and have no repayment terms.
9
Average number of employees
During the year the average number of employees was 2 (2023: 1).
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