Vantage Professional Services Ltd

Vantage Professional Services Ltd
Registered number:		11851483
Balance Sheet
as at 28 February 2026

Notes			2026		2025
			£		£
Fixed assets
Tangible assets	3		65,597		186,570

Current assets
Stocks		20,340		45,072
Debtors	4	515,967		218,841
Cash at bank and in hand		103,966		274,203
		640,273		538,116

Creditors: amounts falling due within one year	5	(323,227)		(275,824)

Net current assets			317,046		262,292

Total assets less current liabilities			382,643		448,862

Creditors: amounts falling due after more than one year	6		(1,087)		(27,897)



Net assets			£381,556		£420,965

Capital and reserves
Called up share capital			110		110
Profit and loss account			381,446		420,855

Shareholders' funds			£381,556		£420,965

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




H BRIGHT
Director
Approved by the board on 7 August 2026

Vantage Professional Services Ltd
Notes to the Accounts
for the year ended 28 February 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102 as applied to small entities by section 1A of the standard. The Financial Reporting Standard applicable in the UK and Republic of Ireland.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery		reducing balance @ 25%
	Fixtures, fittings, tools and equipment		reducing balance @ 25%
	Motor vehicles		reducing balance @ 25%

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

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


2	Employees			2026	2025
				Number	Number

	Average number of persons employed by the company			6	4


3	Tangible fixed assets
		Fixtures & fittings	Plant and machinery etc	Motor vehicles	Total
		£	£	£	£
	Cost
	At 1 March 2025	227	74,503	210,389	285,119
	Disposals	-	(40,000)	(117,100)	(157,100)
	At 28 February 2026	£227	£34,503	£93,289	£128,019

	Depreciation
	At 1 March 2025	186	30,522	67,841	98,549
	Charge for the year	10	5,371	16,484	21,865
	On disposals	-	(17,500)	(40,492)	(57,992)
	At 28 February 2026	£196	£18,393	£43,833	£62,422

	Net book value
	At 28 February 2026	£31	£16,110	£49,456	£65,597
	At 28 February 2025	£41	£43,981	£142,548	£186,570


4	Debtors			2026	2025
				£	£

	Trade debtors			462,193	197,605
	Other debtors			53,774	21,236
				£515,967	£218,841


5	Creditors: amounts falling due within one year			2026	2025
				£	£

	Obligations under finance lease and hire purchase contracts			13,455	25,888
	Trade creditors			229,551	150,464
	Corporation tax			53,443	81,042
	Other taxes and social security costs			12,612	14,107
	Other creditors			14,166	4,323
				£323,227	£275,824


6	Creditors: amounts falling due after one year			2026	2025
				£	£

	Obligations under finance lease and hire purchase contracts			£1,087	£27,897


7	Other information

	Vantage Professional Services Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Unit A1, Lovet Road
	Harlow
	Essex
	EN1 4SB