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Company Registration No. 08016354 (England and Wales)
Advantage Sails Limited Unaudited accounts for the year ended 30 April 2025
Advantage Sails Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Advantage Sails Limited Company Information for the year ended 30 April 2025
Director
Mark Self
Secretary
Mark Self
Company Number
08016354 (England and Wales)
Registered Office
87a Shipyard Estate Brightlingsea Colchester Essex CO7 0AR
Accountants
Accounting Solutions Anglia Ltd 13 Cornflower Road Jaywick Sands Clacton on Sea Essex CO15 2RZ
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Advantage Sails Limited Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Current assets
Inventories
14,000
14,000
Debtors
5
16,383
18,052
Cash at bank and in hand
-
412
30,383
32,464
Creditors: amounts falling due within one year
6
(29,756)
(28,936)
Net current assets
627
3,528
Net assets
627
3,528
Capital and reserves
Called up share capital
7
1
1
Profit and loss account
626
3,527
Shareholders' funds
627
3,528
For the year ending 30 April 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 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 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 10 January 2026 and were signed on its behalf by
Mark Self Director Company Registration No. 08016354
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Advantage Sails Limited Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
Advantage Sails Limited is a private company, limited by shares, registered in England and Wales, registration number 08016354. The registered office is 87a Shipyard Estate, Brightlingsea, Colchester, Essex, CO7 0AR.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33.3% on Cost
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 May 2024
2,733
At 30 April 2025
2,733
Depreciation
At 1 May 2024
2,733
At 30 April 2025
2,733
Net book value
At 30 April 2025
-
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
1,500
-
Other debtors
14,883
18,052
16,383
18,052
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Advantage Sails Limited Notes to the Accounts for the year ended 30 April 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
12,605
1,899
Trade creditors
17,158
15,265
Taxes and social security
(7)
(7)
Other creditors
-
11,779
29,756
28,936
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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