Company Registration No. 12391144 (England and Wales)
Advance Virtual Assistants Ltd
Unaudited accounts
for the year ended 31 March 2025
Advance Virtual Assistants Ltd
Unaudited accounts
Contents
Advance Virtual Assistants Ltd
Company Information
for the year ended 31 March 2025
Director
Paula Jane Edwards
Company Number
12391144 (England and Wales)
Registered Office
85 Great Portland Street
London
W1W 7LT
Accountants
JK Business Services Ltd
Axwell House
2 Westerton Road
Broxburn
West Lothian
EH52 5AU
Advance Virtual Assistants Ltd
Statement of financial position
as at 31 March 2025
Intangible assets
5,153
5,889
Cash at bank and in hand
10,486
6,095
Creditors: amounts falling due within one year
(24,029)
(27,941)
Net current liabilities
(669)
(327)
Total assets less current liabilities
4,859
6,125
Creditors: amounts falling due after more than one year
(4,686)
(5,641)
Called up share capital
1
1
Profit and loss account
172
483
Shareholders' funds
173
484
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 December 2025 and were signed on its behalf by
Paula Jane Edwards
Director
Company Registration No. 12391144
Advance Virtual Assistants Ltd
Notes to the Accounts
for the year ended 31 March 2025
Advance Virtual Assistants Ltd is a private company, limited by shares, registered in England and Wales, registration number 12391144. The registered office is 85 Great Portland Street, London, W1W 7LT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Goodwill arose on the acquisition of the unincorporated business of Advance Virtual Assistants in April 2022 and has been calculated as the difference between the market value of the tangible assets and liabilities taken over from that business.
Advance Virtual Assistants Ltd
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Trade debtors
9,036
10,147
Other debtors
3,838
11,372
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
2,798
1,100
Trade creditors
6,622
4,797
Taxes and social security
8,910
7,919
Loans from directors
694
-
8
Creditors: amounts falling due after more than one year
2025
2024
During the year, the company operated a loan account with the director. At the balance sheet date the amount due by the company to the director was £694 as disclosed in note 7 above. At the previous year end there was a balance of £11,372 due by the director to the company which is included within the figure for 'Other debtors' per Note 6 above. This loan is interest-free and has no set repayment date.
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).