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REGISTERED NUMBER: 10835268 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

ADDVANTAGE GLOBAL LIMITED

ADDVANTAGE GLOBAL LIMITED (REGISTERED NUMBER: 10835268)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Accountants' Report 7

ADDVANTAGE GLOBAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: D J Mitchell
P McCartie
J E Prior
H P Snell





REGISTERED OFFICE: Monomark House
27 Old Gloucester Street
London
WC1N 3AX





REGISTERED NUMBER: 10835268 (England and Wales)





ACCOUNTANTS: Xeinadin
2 Upperton Gardens
Eastbourne
East Sussex
BN21 2AH

ADDVANTAGE GLOBAL LIMITED (REGISTERED NUMBER: 10835268)

BALANCE SHEET
30 NOVEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 3,042,901 2,778,210
Tangible assets 5 12,053 15,937
Investments 6 5,840,160 11,797,123
8,895,114 14,591,270

CURRENT ASSETS
Debtors 7 375,474 468,341
Cash at bank 58,110 35,082
433,584 503,423
CREDITORS
Amounts falling due within one year 8 68,894 54,029
NET CURRENT ASSETS 364,690 449,394
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,259,804

15,040,664

CREDITORS
Amounts falling due after more than one
year

9

27,388

32,885
NET ASSETS 9,232,416 15,007,779

CAPITAL AND RESERVES
Called up share capital 41,216 39,409
Share premium 5,667,682 5,425,765
Retained earnings 3,523,518 9,542,605
9,232,416 15,007,779

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

ADDVANTAGE GLOBAL LIMITED (REGISTERED NUMBER: 10835268)

BALANCE SHEET - continued
30 NOVEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2025 and were signed on its behalf by:





D J Mitchell - Director


ADDVANTAGE GLOBAL LIMITED (REGISTERED NUMBER: 10835268)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1. STATUTORY INFORMATION

Addvantage Global Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are stated at cost less amortisation. Amortisation begins when the intangible asset is
available for use in the manner intended by management and is provided in a straight-line method over
the useful life of the asset.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Investments
Investments in subsidiaries, associates and joint ventures are measured at fair value where the difference between cost and fair value is material. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

ADDVANTAGE GLOBAL LIMITED (REGISTERED NUMBER: 10835268)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 December 2023 2,779,872
Additions 266,353
At 30 November 2024 3,046,225
AMORTISATION
At 1 December 2023 1,662
Charge for year 1,662
At 30 November 2024 3,324
NET BOOK VALUE
At 30 November 2024 3,042,901
At 30 November 2023 2,778,210

5. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 December 2023 15,350 7,941 23,291
Additions - 728 728
At 30 November 2024 15,350 8,669 24,019
DEPRECIATION
At 1 December 2023 3,838 3,516 7,354
Charge for year 2,878 1,734 4,612
At 30 November 2024 6,716 5,250 11,966
NET BOOK VALUE
At 30 November 2024 8,634 3,419 12,053
At 30 November 2023 11,512 4,425 15,937

ADDVANTAGE GLOBAL LIMITED (REGISTERED NUMBER: 10835268)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 December 2023 11,797,123
Revaluations (5,956,963 )
At 30 November 2024 5,840,160
NET BOOK VALUE
At 30 November 2024 5,840,160
At 30 November 2023 11,797,123

Cost or valuation at 30 November 2024 is represented by:

Other
investments
£   
Valuation in 2024 5,840,160

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 18,628 40,628
Other debtors 292,747 282,883
Tax 62,511 143,630
VAT 1,417 1,200
Prepayments 171 -
375,474 468,341

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,550 5,550
Trade creditors 11,014 14,609
Taxation and social security 6,537 31,420
Other creditors 45,793 2,450
68,894 54,029

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 27,388 32,885

ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ADDVANTAGE GLOBAL LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Addvantage Global Limited for the year ended 30 November 2024 which comprise the Income Statement, Balance Sheet and the related notes 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 Addvantage Global Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Addvantage Global Limited and state those matters that we have agreed to state to the Board of Directors of Addvantage Global Limited, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Addvantage Global Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Addvantage Global Limited. You consider that Addvantage Global 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 financial statements of Addvantage Global 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 financial statements.






Xeinadin
2 Upperton Gardens
Eastbourne
East Sussex
BN21 2AH


Date: .............................................