Registration number: 04512246

Advantage Rentals Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 9

Advantage Rentals Ltd

Company Information

Director

Mr Jason Lee Howell

Company secretary

Mr Jason Lee Howell

Registered office

Unit 2 Stileway Business Park Lower Strode Road Clevedon BS21 6UU

Accountants

AWG Accountants Ltd Chartered AccountantKemp House City Road London EC1V 2NX

Advantage Rentals Ltd

(Registration number: 04512246)
Balance Sheet as at 31 January 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	61,800	6,657
Current assets
Stocks	5	227,636	131,085
Debtors	6	48,137	44,516
Cash at bank and in hand		210,423	317,275
		486,196	492,876
Creditors: Amounts falling due within one year	7	(222,355)	(158,293)
Net current assets		263,841	334,583
Total assets less current liabilities		325,641	341,240
Creditors: Amounts falling due after more than one year	7	(67,708)	(48,604)
Net assets		257,933	292,636
Capital and reserves
Called up share capital	8	100	100
Retained earnings		257,833	292,536
Shareholders' funds		257,933	292,636

For the financial year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 13 October 2026
 

......................................... Mr Jason Lee Howell Company secretary and director

Advantage Rentals Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Unit 2
Stileway Business Park
Lower Strode Road
Clevedon
BS21 6UU

These financial statements were authorised for issue by the director on 13 October 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Advantage Rentals Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% reducing balance
Fixtures and fittings	25% reducing balance
Motor vehicles	10% reducing balance
Equipment	33% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Advantage Rentals Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2025 - 1).

Advantage Rentals Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 February 2025	18,831	4,051	22,882
Additions	4,981	58,867	63,848
At 31 January 2026	23,812	62,918	86,730
Depreciation
At 1 February 2025	14,087	2,138	16,225
Charge for the year	2,627	6,078	8,705
At 31 January 2026	16,714	8,216	24,930
Carrying amount
At 31 January 2026	7,098	54,702	61,800
At 31 January 2025	4,744	1,913	6,657

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Motor vehicles  £
Cost or valuation
At 1 February 2025	1,690	9,196	7,945	4,051
Additions	4,000	-	981	58,867
At 31 January 2026	5,690	9,196	8,926	62,918
Depreciation
At 1 February 2025	1,054	6,559	6,474	2,138
Charge for the year	1,158	658	811	6,078
At 31 January 2026	2,212	7,217	7,285	8,216
Carrying amount
At 31 January 2026	3,478	1,979	1,641	54,702
At 31 January 2025	636	2,637	1,471	1,913

Advantage Rentals Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

	Total £
Cost or valuation
At 1 February 2025	22,882
Additions	63,848
At 31 January 2026	86,730
Depreciation
At 1 February 2025	16,225
Charge for the year	8,705
At 31 January 2026	24,930
Carrying amount
At 31 January 2026	61,800
At 31 January 2025	6,657

Assets under Hire Purchase Agreements

Fixed assets, included in the above, are motor vehicles with a net book value of £52,980. They were an addition in the period with a cost of £58,867 and annual depreciation charge of £5,887.

5

Stocks

	2026 £	2025 £
Other inventories	227,636	131,085

6

Debtors

Current	2026 £	2025 £
Trade debtors	2,504	1,043
Other debtors	45,633	43,473
	48,137	44,516

Advantage Rentals Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

7

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	9	91,779	47,053
Trade creditors		102,970	84,174
Taxation and social security		7,672	16,757
Accruals and deferred income		2,520	2,518
Other creditors		17,414	7,791
		222,355	158,293

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	9	67,708	48,604

8	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary Shares Class A of £1 each	34	34	34	34
Ordinary Shares Class B of £1 each	66	66	66	66
	100	100	100	100

9	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Bank borrowings	24,072	48,604
Hire purchase contracts	43,636	-
	67,708	48,604

Current loans and borrowings

Advantage Rentals Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

	2026 £	2025 £
Bank borrowings	26,227	12,733
Hire purchase contracts	4,272	-
Other borrowings	61,280	34,320
	91,779	47,053

10

Dividends

Interim dividends paid

		2026 £		2025 £
Interim dividend of £1,090.17 (2025 - £1,176.47) per each Ordinary shares class A		37,000		40,000

11	Related party transactions

2026

At 1 February 2025 £

At 31 January 2026 £

Director's remuneration

The director's remuneration for the year was as follows:

	2026 £	2025 £
Remuneration	11,865	12,000