THE BUSINESS ADVANTAGE GROUP LIMITED

THE BUSINESS ADVANTAGE GROUP LIMITED

THE BUSINESS ADVANTAGE GROUP LIMITED - Company Information

Print Friendly Version

THE BUSINESS ADVANTAGE GROUP LIMITED

Company Registration Number:
03548265 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2021

Period of accounts

Start date: 01 May 2020

End date: 30 April 2021

THE BUSINESS ADVANTAGE GROUP LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2021

Balance sheet
Notes

THE BUSINESS ADVANTAGE GROUP LIMITED

Balance sheet

As at 30 April 2021


Notes
2021
2020


£
£
Fixed assets
Tangible assets: 3 2,470 1,908
Investments: 4 200 200
Total fixed assets: 2,670 2,108
Current assets
Debtors:   189,835 160,017
Cash at bank and in hand: 9,234 984
Total current assets: 199,069 161,001
Creditors: amounts falling due within one year:   (380,476) (415,106)
Net current assets (liabilities): (181,407) (254,105)
Total assets less current liabilities: (178,737) (251,997)
Creditors: amounts falling due after more than one year:   (50,208) (12,775)
Total net assets (liabilities): (228,945) (264,772)
Capital and reserves
Called up share capital: 12,500 12,500
Profit and loss account: (241,445) (277,272)
Shareholders funds: (228,945) (264,772)

The notes form part of these financial statements

THE BUSINESS ADVANTAGE GROUP LIMITED

Balance sheet statements

For the year ending 30 April 2021 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 27 January 2022
and signed on behalf of the board by:

Name: Christopher Turner
Status: Director

The notes form part of these financial statements

THE BUSINESS ADVANTAGE GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

THE BUSINESS ADVANTAGE GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2021

2. Employees

2021 2020
Average number of employees during the period 24 20

THE BUSINESS ADVANTAGE GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2021

3. Tangible Assets

Total
Cost £
At 01 May 2020 4,895
Additions 1,944
At 30 April 2021 6,839
Depreciation
At 01 May 2020 2,987
Charge for year 1,382
At 30 April 2021 4,369
Net book value
At 30 April 2021 2,470
At 30 April 2020 1,908

THE BUSINESS ADVANTAGE GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2021

4. Fixed investments

InvestmentsCost as at 1/5/20 and 30/4/21 £200