REGISTERED NUMBER: 03260041 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

ADVANCED CHEMICAL SPECIALTIES LIMITED

Page

Balance Sheet

1

FIXED ASSETS

31,684

4,946

CURRENT ASSETS

400,807

354,261

CREDITORS

Amounts falling due within one year

(77,060

)

(77,020

)

NET CURRENT ASSETS

323,747

277,241

TOTAL ASSETS LESS CURRENT LIABILITIES

355,431

282,187

CAPITAL AND RESERVES

355,431

282,187

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Advanced Chemical Specialties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

03260041

Registered office:

9 Bofors Park

Artillery Road

Yeovil

Somerset

BA22 8YH

The presentation currency of the financial statements is the Pound Sterling (£).

2.	AVERAGE NUMBER OF EMPLOYEES INCLUDING DIRECTORS

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

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

£

T W Beauford

Balance outstanding at start of year

2,000

-

Amounts advanced

200

2,000

Amounts repaid

(2,200

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

2,000

The above loan was fully repaid within nine months of the accounting year end.

4.	OTHER FINANCIAL COMMITMENTS

The company has total leasing commitments of £15,923

at 31st December 2024 ( 2023: £38,923).

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by:

T W Beauford - Director

P S B Parton - Director