REGISTERED NUMBER: 03517275 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

ADVENA LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms K Ostle

REGISTERED OFFICE:

Pure Offices

Plato Close

Tachbrook Park

Leamington Spa

Warwickshire

CV34 6WE

REGISTERED NUMBER:

03517275 (England and Wales)

BANKERS:

HSBC

6 West Street

Horsham

West Sussex

RH12 1PE

FIXED ASSETS

Intangible assets

4

-

11,584

Tangible assets

5

19,053

16,565

Investments

6

90

90

19,143

28,239

CURRENT ASSETS

Debtors

7

164,687

253,665

Prepayments and accrued income

49,343

36,950

Cash at bank

53,701

264,844

267,731

555,459

CREDITORS

Amounts falling due within one year

8

159,494

121,469

NET CURRENT ASSETS

108,237

433,990

TOTAL ASSETS LESS CURRENT LIABILITIES

127,380

462,229

PROVISIONS FOR LIABILITIES

(4,123

)

(3,147

)

ACCRUALS AND DEFERRED INCOME

(123,096

)

(280,074

)

NET ASSETS

161

179,008

CAPITAL AND RESERVES

Called up share capital

182

182

Retained earnings

(21

)

178,826

161

179,008

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 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 director and authorised for issue on 15 October 2025 and were signed by:

Ms K Ostle - Director

1.	STATUTORY INFORMATION

Advena 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.

The accounts have been prepared in accordance with applicable accounting standards. The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year.

Turnover

Turnover comprises the value of sales (net of value added tax) of goods and services provided in the normal course of business. Revenue is recognised in respect of service contracts when the company obtains the right to consideration.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2109, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

15% on reducing balance

Computer equipment

-

15% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

57,917

AMORTISATION

At 1 April 2024

46,333

Charge for year

11,584

At 31 March 2025

57,917

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

11,584

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

12,057

667

26,089

38,813

Additions

4,312

-

1,350

5,662

At 31 March 2025

16,369

667

27,439

44,475

DEPRECIATION

At 1 April 2024

9,583

667

11,998

22,248

Charge for year

1,018

-

2,156

3,174

At 31 March 2025

10,601

667

14,154

25,422

NET BOOK VALUE

At 31 March 2025

5,768

-

13,285

19,053

At 31 March 2024

2,474

-

14,091

16,565

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

At 1 April 2024

and 31 March 2025

90

NET BOOK VALUE

At 31 March 2025

90

At 31 March 2024

90

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

137,596

227,683

Other debtors

27,091

25,982

164,687

253,665

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

36,514

11,650

Amounts owed to group undertakings

3,633

10,408

Taxation and social security

112,387

87,954

Other creditors

6,960

11,457

159,494

121,469

9.	SECURED DEBTS

There is a fixed and floating charge over the assets of the company.

10.	CONTROLLING INTERESTS

The directors are considered to be the ultimate controlling parties by virtue of their ability to act in concert in respect of the financial and operating policies of the company.