ADVANSYS SOLUTIONS LTD

ADVANSYS SOLUTIONS LTD - Company Information

2019-10-012020-09-302020-09-30false04781996ADVANSYS SOLUTIONS LTD2021-04-3062090iso4217:GBPxbrli:pure047819962019-10-01047819962020-09-30047819962019-10-012020-09-30047819962018-10-01047819962019-09-30047819962018-10-012019-09-3004781996bus:SmallEntities2019-10-012020-09-3004781996bus:AuditExempt-NoAccountantsReport2019-10-012020-09-3004781996bus:AbridgedAccounts2019-10-012020-09-3004781996bus:PrivateLimitedCompanyLtd2019-10-012020-09-3004781996core:WithinOneYear2020-09-3004781996core:AfterOneYear2020-09-3004781996core:WithinOneYear2019-09-3004781996core:AfterOneYear2019-09-3004781996core:ShareCapital2020-09-3004781996core:SharePremium2020-09-3004781996core:RevaluationReserve2020-09-3004781996core:OtherReservesSubtotal2020-09-3004781996core:RetainedEarningsAccumulatedLosses2020-09-3004781996core:ShareCapital2019-09-3004781996core:SharePremium2019-09-3004781996core:RevaluationReserve2019-09-3004781996core:OtherReservesSubtotal2019-09-3004781996core:RetainedEarningsAccumulatedLosses2019-09-3004781996core:LandBuildings2020-09-3004781996core:PlantMachinery2020-09-3004781996core:Vehicles2020-09-3004781996core:FurnitureFittings2020-09-3004781996core:OfficeEquipment2020-09-3004781996core:NetGoodwill2020-09-3004781996core:IntangibleAssetsOtherThanGoodwill2020-09-3004781996core:ListedExchangeTraded2020-09-3004781996core:UnlistedNon-exchangeTraded2020-09-3004781996core:LandBuildings2019-09-3004781996core:PlantMachinery2019-09-3004781996core:Vehicles2019-09-3004781996core:FurnitureFittings2019-09-3004781996core:OfficeEquipment2019-09-3004781996core:NetGoodwill2019-09-3004781996core:IntangibleAssetsOtherThanGoodwill2019-09-3004781996core:ListedExchangeTraded2019-09-3004781996core:UnlistedNon-exchangeTraded2019-09-3004781996core:LandBuildings2019-10-012020-09-3004781996core:PlantMachinery2019-10-012020-09-3004781996core:Vehicles2019-10-012020-09-3004781996core:FurnitureFittings2019-10-012020-09-3004781996core:OfficeEquipment2019-10-012020-09-3004781996core:NetGoodwill2019-10-012020-09-3004781996core:IntangibleAssetsOtherThanGoodwill2019-10-012020-09-3004781996core:ListedExchangeTraded2019-10-012020-09-3004781996core:UnlistedNon-exchangeTraded2019-10-012020-09-3004781996core:MoreThanFiveYears2019-10-012020-09-3004781996core:Non-currentFinancialInstruments2020-09-3004781996core:Non-currentFinancialInstruments2019-09-3004781996dpl:CostSales2019-10-012020-09-3004781996dpl:DistributionCosts2019-10-012020-09-3004781996dpl:AdministrativeExpenses2019-10-012020-09-3004781996core:LandBuildings2019-10-012020-09-3004781996core:PlantMachinery2019-10-012020-09-3004781996core:Vehicles2019-10-012020-09-3004781996core:FurnitureFittings2019-10-012020-09-3004781996core:OfficeEquipment2019-10-012020-09-3004781996core:NetGoodwill2019-10-012020-09-3004781996core:IntangibleAssetsOtherThanGoodwill2019-10-012020-09-3004781996dpl:GroupUndertakings2019-10-012020-09-3004781996dpl:ParticipatingInterests2019-10-012020-09-3004781996dpl:GroupUndertakingscore:ListedExchangeTraded2019-10-012020-09-3004781996core:ListedExchangeTraded2019-10-012020-09-3004781996dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2019-10-012020-09-3004781996core:UnlistedNon-exchangeTraded2019-10-012020-09-3004781996dpl:CostSales2018-10-012019-09-3004781996dpl:DistributionCosts2018-10-012019-09-3004781996dpl:AdministrativeExpenses2018-10-012019-09-3004781996core:LandBuildings2018-10-012019-09-3004781996core:PlantMachinery2018-10-012019-09-3004781996core:Vehicles2018-10-012019-09-3004781996core:FurnitureFittings2018-10-012019-09-3004781996core:OfficeEquipment2018-10-012019-09-3004781996core:NetGoodwill2018-10-012019-09-3004781996core:IntangibleAssetsOtherThanGoodwill2018-10-012019-09-3004781996dpl:GroupUndertakings2018-10-012019-09-3004781996dpl:ParticipatingInterests2018-10-012019-09-3004781996dpl:GroupUndertakingscore:ListedExchangeTraded2018-10-012019-09-3004781996core:ListedExchangeTraded2018-10-012019-09-3004781996dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2018-10-012019-09-3004781996core:UnlistedNon-exchangeTraded2018-10-012019-09-3004781996core:NetGoodwill2020-09-3004781996core:IntangibleAssetsOtherThanGoodwill2020-09-3004781996core:LandBuildings2020-09-3004781996core:PlantMachinery2020-09-3004781996core:Vehicles2020-09-3004781996core:FurnitureFittings2020-09-3004781996core:OfficeEquipment2020-09-3004781996core:AfterOneYear2020-09-3004781996core:WithinOneYear2020-09-3004781996core:ListedExchangeTraded2020-09-3004781996core:UnlistedNon-exchangeTraded2020-09-3004781996core:ShareCapital2020-09-3004781996core:SharePremium2020-09-3004781996core:RevaluationReserve2020-09-3004781996core:OtherReservesSubtotal2020-09-3004781996core:RetainedEarningsAccumulatedLosses2020-09-3004781996core:NetGoodwill2019-09-3004781996core:IntangibleAssetsOtherThanGoodwill2019-09-3004781996core:LandBuildings2019-09-3004781996core:PlantMachinery2019-09-3004781996core:Vehicles2019-09-3004781996core:FurnitureFittings2019-09-3004781996core:OfficeEquipment2019-09-3004781996core:AfterOneYear2019-09-3004781996core:WithinOneYear2019-09-3004781996core:ListedExchangeTraded2019-09-3004781996core:UnlistedNon-exchangeTraded2019-09-3004781996core:ShareCapital2019-09-3004781996core:SharePremium2019-09-3004781996core:RevaluationReserve2019-09-3004781996core:OtherReservesSubtotal2019-09-3004781996core:RetainedEarningsAccumulatedLosses2019-09-3004781996core:NetGoodwill2018-10-0104781996core:IntangibleAssetsOtherThanGoodwill2018-10-0104781996core:LandBuildings2018-10-0104781996core:PlantMachinery2018-10-0104781996core:Vehicles2018-10-0104781996core:FurnitureFittings2018-10-0104781996core:OfficeEquipment2018-10-0104781996core:AfterOneYear2018-10-0104781996core:WithinOneYear2018-10-0104781996core:ListedExchangeTraded2018-10-0104781996core:UnlistedNon-exchangeTraded2018-10-0104781996core:ShareCapital2018-10-0104781996core:SharePremium2018-10-0104781996core:RevaluationReserve2018-10-0104781996core:OtherReservesSubtotal2018-10-0104781996core:RetainedEarningsAccumulatedLosses2018-10-0104781996core:AfterOneYear2019-10-012020-09-3004781996core:WithinOneYear2019-10-012020-09-3004781996core:Non-currentFinancialInstrumentscore:CostValuation2019-10-012020-09-3004781996core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2019-10-012020-09-3004781996core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2019-10-012020-09-3004781996core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2019-10-012020-09-3004781996core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2019-10-012020-09-3004781996core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2019-10-012020-09-3004781996core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2019-10-012020-09-3004781996core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2019-10-012020-09-3004781996core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2019-10-012020-09-3004781996core:Non-currentFinancialInstrumentscore:CostValuation2020-09-3004781996core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2020-09-3004781996core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2020-09-3004781996core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2020-09-3004781996core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2020-09-3004781996core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2020-09-3004781996core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2020-09-3004781996core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2020-09-3004781996core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2020-09-3004781996core:Non-currentFinancialInstrumentscore:CostValuation2019-09-3004781996core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2019-09-3004781996core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2019-09-3004781996core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2019-09-3004781996core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2019-09-3004781996core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2019-09-3004781996core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2019-09-3004781996core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2019-09-3004781996core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2019-09-3004781996bus:Director12019-10-012020-09-3004781996bus:Director22019-10-012020-09-30

Registered Number
04781996
(England and Wales)

Unaudited Financial Statements for the Year Ended
30 September 2020

ADVANSYS SOLUTIONS LTD

Company Information
for the year from 1 October 2019 to 30 September 2020


Directors	BURDEN, Jonathan George
	DON-DUNCAN, Peter


Registered Address	107 North Street
	Martock
	TA12 6EJ


Registered Number	04781996 (England and Wales)

ADVANSYS SOLUTIONS LTD

Balance Sheet as at
30 September 2020

	Notes	2020		2019
		£	£	£	£
Fixed assets
Tangible assets	5		989		1,449
			989		1,449
Current assets
Debtors		18,585		56,365
Cash at bank and on hand		45,600		35,746
		64,185		92,111
Creditors amounts falling due within one year	7	(23,996)		(57,321)
Net current assets (liabilities)			40,189		34,790
Total assets less current liabilities			41,178		36,239
Provisions for liabilities			(188)		(275)
Net assets			40,990		35,964
Capital and reserves
Called up share capital			100		100
Profit and loss account			40,890		35,864
Shareholders' funds			40,990		35,964

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 30 April 2021, and are signed on its behalf by:

BURDEN, Jonathan George
Director
Registered Company No. 04781996

ADVANSYS SOLUTIONS LTD

Notes to the Financial Statements
for the year ended 30 September 2020

1.	STATUTORY INFORMATION
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	COMPLIANCE WITH APPLICABLE REPORTING FRAMEWORK
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

3.	ACCOUNTING POLICIES

	Property, plant and equipment policy
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Revenue recognition policy
	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.

Revenue recognition policy

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.

	Deferred tax policy
	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.

Deferred tax policy

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.

4.	EMPLOYEE INFORMATION

		2020		2019
	Average number of employees during the year	-		-

5.	PROPERTY, PLANT AND EQUIPMENT

		Total £
	Cost or valuation
	At 01 October 19	27,246
	At 30 September 20	27,246
	Depreciation and impairment
	At 01 October 19	25,797
	Charge for year	460
	At 30 September 20	26,257
	Net book value
	At 30 September 20	989
	At 30 September 19	1,449

6.	DEBTORS WITHIN ONE YEAR
	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.

DEBTORS WITHIN ONE YEAR

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.

	2020 £	2019 £
Trade debtors / trade receivables	17,293	55,466
Prepayments and accrued income	1,292	899
Total	18,585	56,365

7.	CREDITORS WITHIN ONE YEAR
	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.

	2020 £	2019 £
Trade creditors / trade payables	16,298	55,488
Taxation and social security	6,656	832
Accrued liabilities and deferred income	1,042	1,001
Total	23,996	57,321