Avant Partnership Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 06367867

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		43,811		46,958

			43,811		46,958
CURRENT ASSETS
Stocks	5	6,200		6,200
Debtors	6	135,738		212,535
Cash at bank and in hand		75,413		54,559

		217,351		273,294
Creditors: Amounts Falling Due Within One Year	7	(53,395 )		(86,365 )

NET CURRENT ASSETS (LIABILITIES)			163,956		186,929

TOTAL ASSETS LESS CURRENT LIABILITIES			207,767		233,887

Creditors: Amounts Falling Due After More Than One Year	8		(109,700 )		(121,538 )

NET ASSETS			98,067		112,349

CAPITAL AND RESERVES
Called up share capital	9		30,000		30,000
Profit and Loss Account			68,067		82,349

SHAREHOLDERS' FUNDS			98,067		112,349

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Avant Partnership Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr S C Roe

Director

25/11/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Avant Partnership Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06367867 . The registered office is Pearl Assurance House, George Street, Grimsby, Lincolnshire, DN31 1HB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have entered into an agreement with the company to subordinate their loan to the company, so it ranks behind all other creditors. This effective recapitalisation of the company and their continuing support for the company mean that the directors are satisfied that the company remains a going concern.

2.3. Significant judgements and estimations

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on the Directors' best knowledge of the amount, events or actions, actual results ultimately differ from these estimates. The Directors do not consider there to be any material estimates and judgements.

2.4. Turnover

Revenue is measured at the fair value of the consideration received or receivable and represents the amount receivable for goods supplied or services rendered, net of returns, discounts and rebates allowed by the company.

The company recognises revenue when the significant risks and rewards of ownership have been transferred to the buyer; the company retains no continuing involvement or control over the goods; the amount of revenue can be measured reliably; it is probable that future economic benefits will flow to the entity and when the specific criteria relating to each of the company's sales channels have been met, as described below.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	Not depreciated
Fixtures & Fittings	20% on reducing balance
Computer Equipment	25% on cost

2.6. Leasing and Hire Purchase Contracts

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

2.7. Stocks and Work in Progress

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2.8. Financial Instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments, including trade and other debtors and creditors are initially recognised at transaction value and subsequently measure at their settlement value.

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Avant Partnership Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.9. 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.

2.10. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account in the period to which they relate.

2.11. Prepaid portfolio development costs

Portfolio development costs are recognized over the first two full years of portfolio income earned in the sector of learning being developed. Such costs are reviewed for impairment annually.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 22 (2024: 18)

4. Tangible Assets

	Land & Property
	Leasehold	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	11,062	27,218	68,019	106,299
Additions	-	3,908	3,276	7,184

As at 31 March 2025	11,062	31,126	71,295	113,483

Depreciation
As at 1 April 2024	-	12,715	46,626	59,341
Provided during the period	-	3,012	7,319	10,331

As at 31 March 2025	-	15,727	53,945	69,672

Net Book Value
As at 31 March 2025	11,062	15,399	17,350	43,811

As at 1 April 2024	11,062	14,503	21,393	46,958

5. Stocks

	2025	2024
	£	£
Stock	6,200	6,200

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Avant Partnership Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	135,738	212,535

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1	1
Bank loans and overdrafts	11,838	35,515
Corporation tax	125	11,487
Other taxes and social security	21,879	15,223
Other creditors	15,352	19,939
Accruals and deferred income	4,200	4,200

	53,395	86,365

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	-	11,838
Directors loan account	109,700	109,700

	109,700	121,538

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	30,000	30,000

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