Advantage Research Limited - Abbreviated accounts 16.3

Advantage Research Limited - Abbreviated accounts 16.3

ADVANTAGE RESEARCH LIMITED - Company Information

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REGISTERED NUMBER: 04352451 (England and Wales)













ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

FOR

ADVANTAGE RESEARCH LIMITED

ADVANTAGE RESEARCH LIMITED (REGISTERED NUMBER: 04352451)






CONTENTS OF THE ABBREVIATED ACCOUNTS
for the Year Ended 30 SEPTEMBER 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

ADVANTAGE RESEARCH LIMITED

COMPANY INFORMATION
for the Year Ended 30 SEPTEMBER 2016







DIRECTOR: A Bhatti





SECRETARY: R U H Bhatti





REGISTERED OFFICE: Savoy House
Savoy Circus
78 Old Oak Common Lane
London
W3 7DA





REGISTERED NUMBER: 04352451 (England and Wales)





ACCOUNTANTS: Wem & Co Chartered Accountants
Savoy House
Savoy Circus
London
W3 7DA
Page 1
ADVANTAGE RESEARCH LIMITED (REGISTERED NUMBER: 04352451)

ABBREVIATED BALANCE SHEET
30 SEPTEMBER 2016

30.9.16 30.9.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 129 258

CURRENT ASSETS
Debtors 857 368
Cash at bank 91,718 178,133
92,575 178,501
CREDITORS
Amounts falling due within one year 56,787 113,918
NET CURRENT ASSETS 35,788 64,583
TOTAL ASSETS LESS CURRENT
LIABILITIES
35,917
64,841

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 35,817 64,741
SHAREHOLDERS' FUNDS 35,917 64,841

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 20 June 2017 and were signed by:





A Bhatti - Director


The notes form part of these abbreviated accounts

Page 2
ADVANTAGE RESEARCH LIMITED (REGISTERED NUMBER: 04352451)

NOTES TO THE ABBREVIATED ACCOUNTS
for the Year Ended 30 SEPTEMBER 2016

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover
Turnover represents net invoiced sales of services adjusted for accrued income, excluding value added tax.

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 - 20% straight line basis
Computer equipment - 33% straight line basis

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at
the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 the profit and loss account in the period to which they relate.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2015
and 30 September 2016 3,776
DEPRECIATION
At 1 October 2015 3,518
Charge for year 129
At 30 September 2016 3,647
NET BOOK VALUE
At 30 September 2016 129
At 30 September 2015 258

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.16 30.9.15
value: £    £   
100 Ordinary £1 100 100

Page 3