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Company Registration No. 06656493 (England and Wales)
VANTAGE TRADING LTD Unaudited accounts for the year ended 31 October 2025
VANTAGE TRADING LTD Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
4,606
2,901
Investment property
499,122
-
503,728
2,901
Current assets
Debtors
224,061
182,657
Cash at bank and in hand
1,197,919
1,552,919
1,421,980
1,735,576
Creditors: amounts falling due within one year
(1,404,706)
(1,279,867)
Net current assets
17,274
455,709
Total assets less current liabilities
521,002
458,610
Creditors: amounts falling due after more than one year
(25,000)
(75,000)
Provisions for liabilities
Deferred tax
(876)
(552)
Net assets
495,126
383,058
Capital and reserves
Called up share capital
5
100
100
Profit and loss account
495,026
382,958
Shareholders' funds
495,126
383,058
For the year ending 31 October 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 21 November 2025 and were signed on its behalf by
Satyajit Sharma Director Company Registration No. 06656493
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VANTAGE TRADING LTD Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
VANTAGE TRADING LTD is a private company, limited by shares, registered in England and Wales, registration number 06656493. The registered office is UNIT 55, CAMPUS ROAD, LISTERHILLS SCIENCE PARK, BRADFORD, BD7 1HR, ENGLAND.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.
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:
Fixtures & fittings
25% on reducing balance
Computer equipment
25% on reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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VANTAGE TRADING LTD Notes to the Accounts for the year ended 31 October 2025
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 November 2024
15,083
Additions
3,240
At 31 October 2025
18,323
Depreciation
At 1 November 2024
12,182
Charge for the year
1,535
At 31 October 2025
13,717
Net book value
At 31 October 2025
4,606
At 31 October 2024
2,901
5
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
6
Average number of employees
During the year the average number of employees was 9 (2024: 9).
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