ADVATECH UK LIMITED


Directors	PERROTT, Rosalind Elizabeth Patricia
	WHITE, David Glyndwr, Dr


Company Secretary	WHITE, David Glyndwr, Dr


Registered Address	20-22 Wenlock Road
	London
	N1 7GU


Registered Number	05805868 (England and Wales)

Statement of Financial Position
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		1,732		2,718
			1,732		2,718
Current assets
Stocks	4	5,000		5,000
Debtors		1,623		51,465
Cash at bank and on hand		34,819		26,825
		41,442		83,290
Creditors amounts falling due within one year	5	(61,721)		(92,825)
Net current assets (liabilities)			(20,279)		(9,535)
Total assets less current liabilities			(18,547)		(6,817)
Creditors amounts falling due after one year			(1,043)		(7,281)
Net assets			(19,590)		(14,098)
Capital and reserves
Called up share capital			1,000		1,000
Profit and loss account			(20,590)		(15,098)
Shareholders' funds			(19,590)		(14,098)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 16 December 2025, and are signed on its behalf by:

WHITE, David Glyndwr, Dr
Director
Registered Company No. 05805868

ADVATECH UK LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Going concern
	The company continues to adopt the going concern basis in preparing its financial statements.

	Revenue from rendering of services
	Revenue 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.

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

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Office Equipment	3

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	4		4

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 April 24	3,832	3,832
Revaluations	300	300
At 31 March 25	4,132	4,132
Depreciation and impairment
At 01 April 24	1,114	1,114
Charge for year	1,286	1,286
At 31 March 25	2,400	2,400
Net book value
At 31 March 25	1,732	1,732
At 31 March 24	2,718	2,718

4.	Stocks
	Stock is valued at the lower of cost and net realisable value

	2025	2024
	£	£
Other stocks	5,000	5,000
Total	5,000	5,000

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	7,179	6,837
Bank borrowings and overdrafts	6,238	6,108
Taxation and social security	1,008	3,493
Other creditors	46,208	38,416
Accrued liabilities and deferred income	1,088	37,971
Total	61,721	92,825


	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.