Acorah Software Products - Accounts Production 16.6.920 false true true 23 February 2024 25 February 2023 false 24 February 2024 23 February 2025 23 February 2025 07959619 Hilton Wade Hilton Wade iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07959619 2024-02-23 07959619 2025-02-23 07959619 2024-02-24 2025-02-23 07959619 frs-core:CurrentFinancialInstruments 2025-02-23 07959619 frs-core:ComputerEquipment 2025-02-23 07959619 frs-core:ComputerEquipment 2024-02-24 2025-02-23 07959619 frs-core:ComputerEquipment 2024-02-23 07959619 frs-core:FurnitureFittings 2025-02-23 07959619 frs-core:FurnitureFittings 2024-02-24 2025-02-23 07959619 frs-core:FurnitureFittings 2024-02-23 07959619 frs-core:ShareCapital 2025-02-23 07959619 frs-core:RetainedEarningsAccumulatedLosses 2025-02-23 07959619 frs-bus:PrivateLimitedCompanyLtd 2024-02-24 2025-02-23 07959619 frs-bus:FilletedAccounts 2024-02-24 2025-02-23 07959619 frs-bus:SmallEntities 2024-02-24 2025-02-23 07959619 frs-bus:AuditExemptWithAccountantsReport 2024-02-24 2025-02-23 07959619 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-24 2025-02-23 07959619 frs-bus:OrdinaryShareClass1 2024-02-24 2025-02-23 07959619 frs-bus:OrdinaryShareClass1 2025-02-23 07959619 frs-bus:Director1 2024-02-24 2025-02-23 07959619 frs-bus:CompanySecretary1 2024-02-24 2025-02-23 07959619 frs-countries:EnglandWales 2024-02-24 2025-02-23 07959619 2023-02-24 07959619 2024-02-23 07959619 2023-02-25 2024-02-23 07959619 frs-core:CurrentFinancialInstruments 2024-02-23 07959619 frs-core:ShareCapital 2024-02-23 07959619 frs-core:RetainedEarningsAccumulatedLosses 2024-02-23 07959619 frs-bus:OrdinaryShareClass1 2023-02-25 2024-02-23
Registered number: 07959619
Advance Trade Solutions Limited
Unaudited Financial Statements
For The Year Ended 23 February 2025
Sterling Accounting Solutions Ltd
Chartered Accountants
SAS House
Chipperfield Road
Kings Langley
Hertfordshire
WD4 9JB
Advance Trade Solutions Limited
Contents
Contents

| Page
--- | ---
Company Information | 1
Accountants' Report | 2
Statement of Financial Position | 3—4
Notes to the Financial Statements | 5—8

Page 1
Advance Trade Solutions Limited
Company Information
For The Year Ended 23 February 2025
Company Information

Director | Hilton Wade
Secretary | Hilton Wade
Company Number | 07959619
Registered Office | SAS House
| Chipperfield Road
| Kings Langley
| WD4 9JB
Accountants | Sterling Accounting Solutions Ltd
| Chartered Accountants
| SAS House
| Chipperfield Road
| Kings Langley
| Hertfordshire
| WD4 9JB

Page 1
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Advance Trade Solutions Limited
Accountants' Report
For The Year Ended 23 February 2025
Accountants' Report
Chartered Accountants' report to the director on the preparation of the unaudited statutory accounts of Advance Trade Solutions Limited For The Year Ended 23 February 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Advance Trade Solutions Limited For The Year Ended 23 February 2025 which comprise the Income Statement, the Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the director of Advance Trade Solutions Limited , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Advance Trade Solutions Limited and state those matters that we have agreed to state to the director of Advance Trade Solutions Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Advance Trade Solutions Limited and its director, as a body, for our work or for this report.
It is your duty to ensure that Advance Trade Solutions Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Advance Trade Solutions Limited . You consider that Advance Trade Solutions Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Advance Trade Solutions 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 financial statements.

20/11/2025

Sterling Accounting Solutions Ltd
Chartered Accountants
SAS House
Chipperfield Road
Kings Langley
Hertfordshire
WD4 9JB
Page 2
Page 3
Advance Trade Solutions Limited
Statement of Financial Position
As At 23 February 2025
Statement of Financial Position
Registered number: 07959619

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 914 |  | 1,219
|  |  | 914 |  | 1,219
CURRENT ASSETS
Debtors | 5 | 6,260 |  | 11,946 |
|  | 6,260 |  | 11,946 |
Creditors: Amounts Falling Due Within One Year | 6 | (34,807 ) |  | (34,882 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (28,547 ) |  | (22,936 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (27,633 ) |  | (21,717 )
NET LIABILITIES |  |  | (27,633 ) |  | (21,717 )
CAPITAL AND RESERVES
Called up share capital | 7 |  | 100 |  | 100
Income Statement |  |  | (27,733 ) |  | (21,817 )
SHAREHOLDERS' FUNDS |  |  | (27,633) |  | (21,717)

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Advance Trade Solutions Limited
Statement of Financial Position (continued)
As At 23 February 2025
For the year ending 23 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board

Hilton Wade Director
20/11/2025

The notes on pages 5 to 8 form part of these financial statements.
Page 4
Page 5
Advance Trade Solutions Limited
Notes to the Financial Statements
For The Year Ended 23 February 2025
Notes to the Financial Statements
1. General Information
Advance Trade Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07959619 . The registered office is SAS House, Chipperfield Road, Kings Langley, WD4 9JB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
2.2. Going Concern Disclosure
The company has full support from its Director and therefore is deemed a going concern.
2.3. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings | 25% reducing balance
Computer Equipment | 33.33% straight line

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Advance Trade Solutions Limited
Notes to the Financial Statements (continued)
For The Year Ended 23 February 2025
2.5. Financial Instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
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Advance Trade Solutions Limited
Notes to the Financial Statements (continued)
For The Year Ended 23 February 2025
2.7. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets

| Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 24 February 2024 | 3,862 | 8,139 | 12,001
As at 23 February 2025 | 3,862 | 8,139 | 12,001
Depreciation
As at 24 February 2024 | 2,643 | 8,139 | 10,782
Provided during the period | 305 | - | 305
As at 23 February 2025 | 2,948 | 8,139 | 11,087
Net Book Value
As at 23 February 2025 | 914 | - | 914
As at 24 February 2024 | 1,219 | - | 1,219

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 6,260 |  | 11,946

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Advance Trade Solutions Limited
Notes to the Financial Statements (continued)
For The Year Ended 23 February 2025
6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 25,213 |  | 25,770
Other taxes and social security | - |  | 190
Other creditors | 4,759 |  | 7,722
Accruals and deferred income | - |  | 1,200
Director's loan account | 4,835 |  | -
| 34,807 |  | 34,882

7. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
100 Ordinary Shares of £ 1.00 each | 100 |  | 100

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