Company Registration No. 10501345 (England and Wales)
AZTECH ADVANTAGE LTD
Unaudited accounts
for the period from 1 March 2023 to 28 February 2024
AZTECH ADVANTAGE LTD
Unaudited accounts
Contents
AZTECH ADVANTAGE LTD
Company Information
for the period from 1 March 2023 to 28 February 2024
Directors
Charles Jonathan Blackburn
Graham Andrew Elliot
Company Number
10501345 (England and Wales)
Registered Office
3 MORE LONDON RIVERSIDE
LONDON
SE1 2AQ
UNITED KINGDOM
AZTECH ADVANTAGE LTD
Statement of financial position
as at 28 February 2024
Debtors
2,709,814
1,194,588
Cash at bank and in hand
1,241,325
836
Creditors: amounts falling due within one year
(3,018,994)
(571,031)
Net current assets
932,145
624,393
Net assets
949,283
624,393
Called up share capital
75,000
75,000
Fair value reserve
-
1,662,245
Profit and loss account
874,283
(1,112,852)
Shareholders' funds
949,283
624,393
For the period ending 28 February 2024 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 5 April 2024 and were signed on its behalf by
Charles Jonathan Blackburn
Director
Company Registration No. 10501345
AZTECH ADVANTAGE LTD
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
AZTECH ADVANTAGE LTD is a private company, limited by shares, registered in England and Wales, registration number 10501345. The registered office is 3 MORE LONDON RIVERSIDE, LONDON, SE1 2AQ, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 years
4
Tangible fixed assets
Computer equipment
At 28 February 2024
17,750
At 28 February 2024
17,138
Amounts falling due within one year
Deferred tax asset
1,260,855
1,156,734
Accrued income and prepayments
66,655
37,854
AZTECH ADVANTAGE LTD
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
1,906,374
-
Taxes and social security
231,548
59,467
7
Average number of employees
During the period the average number of employees was 26 (2023: 23).
