Company registration number 04335199 (England and Wales)
ADVANCED TOTES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2022
PAGES FOR FILING WITH REGISTRAR
ADVANCED TOTES LIMITED
BALANCE SHEET
- 1 -
2022
2021
£
£
£
£
Fixed assets
8,195
10,605
Current assets
271,205
332,845
Prepayments and accrued income
5,699
9,730
Creditors: amounts falling due within one year
(22,329)
(68,598)
Net current assets
254,575
273,977
Total assets less current liabilities
262,770
284,582
Creditors: amounts falling due after more than one year
(49,338)
(66,667)
Accruals and deferred income
(1,700)
(1,700)
Net assets
211,732
216,215
Capital and reserves
211,732
216,215
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
Included in current assets is a loan to the directors of £
121,919 (2021 : 157,917)
. Advances during the period
totaled
£
28,820
with amounts repaid totaling £
67,743
. Interest of £
2,925
was charged during the
period at the
HMRC approved beneficial loan interest rate.
2
Employees
The average number of persons
,
including directors
,
employed by the company during the year wa
s as follows:
2022
2021
Number
Number
Employees
1
2
Advanced Totes Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Old Grange, Sedbury Lane, Skeeby, Richmond, North Yorkshire, DL10 5ED.
For the year ended 31 May 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
ADVANCED TOTES LIMITED
BALANCE SHEET (CONTINUED)
- 2 -
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 22 February 2023
P Simpson
Director
Company registration number 04335199 (England and Wales)