REGISTERED NUMBER: 03517275 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

ADVENA LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms K Ostle

REGISTERED OFFICE:

Pure Offices

Plato Close

Tachbrook Park

Leamington Spa

Warwickshire

CV34 6WE

REGISTERED NUMBER:

03517275 (England and Wales)

BANKERS:

HSBC

6 West Street

Horsham

West Sussex

RH12 1PE

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

16,293

19,053

Investments

6

90

90

16,383

19,143

CURRENT ASSETS

Debtors

7

346,550

164,687

Prepayments and accrued income

41,581

49,343

Cash at bank

12,286

53,701

400,417

267,731

CREDITORS

Amounts falling due within one year

8

197,458

159,494

NET CURRENT ASSETS

202,959

108,237

TOTAL ASSETS LESS CURRENT LIABILITIES

219,342

127,380

PROVISIONS FOR LIABILITIES

(3,307

)

(4,123

)

ACCRUALS AND DEFERRED INCOME

(222,524

)

(123,096

)

NET (LIABILITIES)/ASSETS

(6,489

)

161

CAPITAL AND RESERVES

Called up share capital

182

182

Retained earnings

(6,671

)

(21

)

(6,489

)

161

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 her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 November 2026 and were signed by:

Ms K Ostle - Director

1.	STATUTORY INFORMATION

Advena 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

At the balance sheet date the company had net current assets of £202,959 (2025 - £108,237), and total net liabilities of £6,489 (2025 - total net assets £161). The director has expressed his willingness to support the company as necessary and along with the forecasted future profitable trade the business is considered a going concern. The accounts and financial statements have therefore been prepared on a going concern basis.

Turnover

Turnover comprises the value of sales (net of value added tax) of goods and services provided in the normal course of business. Revenue is recognised in respect of service contracts when the company obtains the right to consideration.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2109, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

15% on reducing balance

Computer equipment

-

15% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 14 (2025 - 16 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

57,917

AMORTISATION

At 1 April 2025

and 31 March 2026

57,917

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

16,369

667

27,439

44,475

Additions

498

-

1,575

2,073

Disposals

(3,271

)

(667

)

(8,436

)

(12,374

)

At 31 March 2026

13,596

-

20,578

34,174

DEPRECIATION

At 1 April 2025

10,601

667

14,154

25,422

Charge for year

934

-

2,083

3,017

Eliminated on disposal

(2,986

)

(667

)

(6,905

)

(10,558

)

At 31 March 2026

8,549

-

9,332

17,881

NET BOOK VALUE

At 31 March 2026

5,047

-

11,246

16,293

At 31 March 2025

5,768

-

13,285

19,053

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2025

and 31 March 2026

90

NET BOOK VALUE

At 31 March 2026

90

At 31 March 2025

90

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

149,092

137,596

Amounts owed by group undertakings

673

-

Other debtors

196,785

27,091

346,550

164,687

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

22,324

36,514

Amounts owed to group undertakings

3,102

3,633

Taxation and social security

96,161

112,387

Other creditors

75,871

6,960

197,458

159,494

9.	SECURED DEBTS

There is a fixed and floating charge over the assets of the company.

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

Ms K Ostle

Balance outstanding at start of year

25,438

(18

)

Amounts advanced

171,257

350,000

Amounts repaid

(1,785

)

(324,544

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

194,910

25,438

11.	CONTROLLING INTERESTS

The directors are considered to be the ultimate controlling parties by virtue of their ability to act in concert in respect of the financial and operating policies of the company.