Advantage Environmental Services Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05076402 (England and Wales)

ADVANTAGE ENVIRONMENTAL SERVICES LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTOR:

D J Sault

REGISTERED OFFICE:

1A Arden Road

Smethwick

West Midlands

B67 6AA

REGISTERED NUMBER:

05076402 (England and Wales)

ACCOUNTANTS:

PPG Accountants Ltd

Ferndale House

3 Firs Street

Dudley

West Midlands

DY2 7DN

FIXED ASSETS

Tangible assets

4

158,560

133,111

CURRENT ASSETS

Debtors

5

18,409

15,924

Cash at bank

91,159

120,486

109,568

136,410

CREDITORS

Amounts falling due within one year

6

106,260

120,025

NET CURRENT ASSETS

3,308

16,385

TOTAL ASSETS LESS CURRENT
LIABILITIES

161,868

149,496

PROVISIONS FOR LIABILITIES

8

19,561

14,905

NET ASSETS

142,307

134,591

CAPITAL AND RESERVES

Called up share capital

1

Revaluation reserve

9

63,484

Retained earnings

9

78,822

71,106

SHAREHOLDER FUNDS

12

142,307

134,591

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 June 2026 and were signed by:

D J Sault - Director

1.	STATUTORY INFORMATION

Advantage Environmental Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Long

and

Motor

property

leasehold

fittings

vehicles

Totals

£

COST OR VALUATION

At 1 April 2025

97,720

57,300

3,111

-

158,131

Additions

-

36,000

At 31 March 2026

97,720

57,300

3,111

36,000

194,131

DEPRECIATION

At 1 April 2025

12,226

9,756

3,038

-

25,020

Charge for year

720

813

18

9,000

10,551

At 31 March 2026

12,946

10,569

3,056

9,000

35,571

NET BOOK VALUE

At 31 March 2026

84,774

46,731

55

27,000

158,560

At 31 March 2025

85,494

47,544

73

-

133,111

Cost or valuation at 31 March 2026 is represented by:

Fixtures

Freehold

Long

and

Motor

property

leasehold

fittings

vehicles

Totals

£

Valuation in 2020

97,720

57,300

3,111

-

158,131

Cost

-

36,000

97,720

57,300

3,111

36,000

194,131

If land and buildings had not been revalued they would have been included at the following historical cost:

2026

2025

£

Cost

76,445

Aggregate depreciation

14,317

All land and buildings were valued on an open market value basis on 31 March 2020 by Andrew Dixon and Company .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bad debt provision

(37,387

)

(37,387

)

Sales ledger control

55,796

53,311

18,409

15,924

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

3,246

7,869

Trade creditors

3,551

2,389

Purchase invoice reserve

2,209

4,143

Amounts in advance

81,204

76,244

Tax

(45

)

7,227

Paye control

-

1,330

Smart Pensions Ltd

544

786

VAT

6,632

6,494

Directors' current accounts

8,919

13,543

106,260

120,025

7.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

Bank loans

3,246

7,869

A legal charge has been granted to Barclays Bank PLC over the assets of the company in respect of the bank loan

8.	PROVISIONS FOR LIABILITIES

2026

2025

£

Deferred tax

19,561

14,905

Deferred

tax

£

Balance at 1 April 2025

14,905

Provided during year

4,656

Provision for the year

Balance at 31 March 2026

19,561

9.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

At 1 April 2025

71,106

63,484

134,590

Profit for the year

18,316

Dividends

(10,600

)

(10,600

)

At 31 March 2026

78,822

63,484

142,306

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £10,600 (2025 - £10,600) were paid to the director .

11.	ULTIMATE CONTROLLING PARTY

The controlling party is D J Sault.

The ultimate controlling party is D J Sault.

12.	RECONCILIATION OF MOVEMENTS IN SHAREHOLDER FUNDS

2026

2025

£

Profit for the financial year

18,316

29,227

Dividends

(10,600

)

(10,600

)

Net addition to shareholder funds

7,716

18,627

Opening shareholder funds

134,591

115,964

Closing shareholder funds

142,307

134,591