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Company Registration No. 15380316 (England and Wales)
Advanced Application Solutions Ltd Unaudited accounts for the period from 2 January 2024 to 31 January 2025
Advanced Application Solutions Ltd Unaudited accounts Contents
Page
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Advanced Application Solutions Ltd Company Information for the period from 2 January 2024 to 31 January 2025
Director
Steven Joseph Turner
Company Number
15380316 (England and Wales)
Registered Office
18 Ellerton Way Gateshead NE10 9TF United Kingdom
Accountants
Gina Caceres-Jimenez LONSDALE FINANCIAL LTD FIRST FLOOR, 10 FAIRFIELD TERRACE PELAW GATESHEAD Tyne and Wear NE10 0QR
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Advanced Application Solutions Ltd Statement of financial position as at 31 January 2025
2025 
Notes
£ 
Fixed assets
Tangible assets
97,379 
Current assets
Inventories
16,492 
Debtors
28,037 
Cash at bank and in hand
2,638 
47,167 
Creditors: amounts falling due within one year
(84,783)
Net current liabilities
(37,616)
Net assets
59,763 
Capital and reserves
Called up share capital
1 
Profit and loss account
59,762 
Shareholders' funds
59,763 
For the period ending 31 January 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 8 August 2025 and were signed on its behalf by
Steven Joseph Turner Director Company Registration No. 15380316
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Advanced Application Solutions Ltd Notes to the Accounts for the period from 2 January 2024 to 31 January 2025
1
Statutory information
Advanced Application Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 15380316. The registered office is 18 Ellerton Way, Gateshead, NE10 9TF, United Kingdom.
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 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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted. Deferred Tax reconciles the the difference between expected Corporation Taxes and Taxes actually due as a result of Capital and Annual Investment Allowances
Tangible fixed assets and depreciation
Depreciation begins in the first FULL year of ownership. 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
10% diminishing Balance
Motor vehicles
10% Diminishing Balance
Fixtures & fittings
10% Diminishing Balance
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Advanced Application Solutions Ltd Notes to the Accounts for the period from 2 January 2024 to 31 January 2025
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 2 January 2024
- 
- 
- 
Additions
39,391 
57,988 
97,379 
At 31 January 2025
39,391 
57,988 
97,379 
Depreciation
At 31 January 2025
- 
- 
- 
Net book value
At 31 January 2025
39,391 
57,988 
97,379 
5
Debtors
2025 
£ 
Amounts falling due within one year
VAT
6,566 
Deferred tax asset
12,409 
18,975 
Amounts falling due after more than one year
Other debtors
9,062 
6
Creditors: amounts falling due within one year
2025 
£ 
Trade creditors
70,224 
Taxes and social security
12,670 
Accruals
1,889 
84,783 
7
Average number of employees
During the period the average number of employees was 2.
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