Advantage Valley Limited - Filleted accounts

Registered number

03941475

Advantage Valley Limited

Unaudited Filleted Accounts

31 March 2025

Advantage Valley Limited
Registered number:		03941475
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		182,927			201,264

Current assets
Stocks		10,000			10,000
Debtors	4	528,968			538,041
Cash at bank and in hand		420,869			367,961
		959,837			916,002

Creditors: amounts falling due within one year	5	(252,114)			(270,939)

Net current assets			707,723			645,063

Net assets			890,650			846,327

Capital and reserves
Called up share capital			100			100
Profit and loss account			890,550			846,227

Shareholders' funds			890,650			846,327

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.




N Blessitt
Director
Approved by the board on 22 August 2025

Advantage Valley Limited
Notes to the Accounts
for the year ended 31 March 2025


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 50 years
	Leasehold land and buildings			over the lease term
	Plant and machinery			over 5 years
	Fixtures, fittings, tools and equipment			over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recog

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					16		27


3	Tangible fixed assets
		Office Equipment & Fixtures		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	144,255		69,825		215,308		429,388
	Additions	690		-		46,003		46,693
	Disposals	-		-		(18,313)		(18,313)
	At 31 March 2025	144,945		69,825		242,998		457,768

	Depreciation
	At 1 April 2024	67,950		48,767		111,407		228,124
	Charge for the year	19,249		5,265		36,462		60,976
	On disposals	-		-		(14,259)		(14,259)
	At 31 March 2025	87,199		54,032		133,610		274,841

	Net book value
	At 31 March 2025	57,746		15,793		109,388		182,927
	At 31 March 2024	76,305		21,058		103,901		201,264


4	Debtors					2025		2024
£							£

	Trade debtors					424,311		340,784
	Directors loan account					-		130,211
	Other debtors					104,657		67,046
						528,968		538,041


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Accruals and deferred income					3,213		3,513
	Trade creditors					182,506		185,353
	Taxation and social security costs					66,395		82,073
						252,114		270,939


6	Other information

	Advantage Valley Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Memorial Road
	Hanham
	Bristol
	BS15 3JD