Registered number
09219823
ADVANTAGE ROCK LTD
Filleted Accounts
30 September 2024
ADVANTAGE ROCK LTD
Registered number: 09219823
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1,664,051 1,611,732
Current assets
Debtors 4 806,336 -
Cash at bank and in hand 221,066 963,054
1,027,402 963,054
Creditors: amounts falling due within one year 5 (1,045,036) (945,305)
Net current (liabilities)/assets (17,634) 17,749
Total assets less current liabilities 1,646,417 1,629,481
Creditors: amounts falling due after more than one year 6 (1,237,567) (1,237,567)
Net assets 408,850 391,914
Capital and reserves
Called up share capital 100 100
Profit and loss account 408,750 391,814
Shareholder's funds 408,850 391,914
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mohammad A Tariq
Director
Approved by the board on 2 June 2025
ADVANTAGE ROCK LTD
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 100 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 October 2023 1,621,281
Additions 53,994
At 30 September 2024 1,675,275
Depreciation
At 1 October 2023 9,549
Charge for the year 1,675
At 30 September 2024 11,224
Net book value
At 30 September 2024 1,664,051
At 30 September 2023 1,611,732
4 Debtors 2024 2023
£ £
Other debtors 806,336 -
5 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 2,654 474
Other creditors 1,042,382 944,831
1,045,036 945,305
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 1,237,567 1,237,567
7 Controlling party
The ultimate controlling interest is held by the director.
8 Other information
ADVANTAGE ROCK LTD is a private company limited by shares and incorporated in England. Its registered office is:
4A THE AVENUE
HIGHAMS PARK
LONDON
E4 9LD
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