Adam Delved Limited
|
Registered number: |
10212941
|
Balance Sheet |
as at 31 March 2018
|
|
Notes |
|
|
2018 |
|
|
2017 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
167 |
|
|
250 |
|
Current assets |
Cash at bank and in hand |
|
|
108,145 |
|
|
68,297 |
|
Creditors: amounts falling due within one year |
4 |
|
(20,311) |
|
|
(19,064) |
|
Net current assets |
|
|
|
87,834 |
|
|
49,233 |
|
Total assets less current liabilities |
|
|
|
88,001 |
|
|
49,483 |
|
|
Provisions for liabilities |
|
|
|
(50) |
|
|
(50) |
|
|
Net assets |
|
|
|
87,951 |
|
|
49,433 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
1 |
|
|
1 |
Profit and loss account |
|
|
|
87,950 |
|
|
49,432 |
|
Shareholder's funds |
|
|
|
87,951 |
|
|
49,433 |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
|
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
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|
|
|
|
Martin Hoctor |
Director |
Approved by the board on 11 December 2018
|
|
Adam Delved Limited
|
Notes to the Accounts |
for the year ended 31 March 2018
|
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
|
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable from the company'sprincipal activity.
|
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
|
|
|
Office equipment |
33% on reducing balance |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. 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 and 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.
|
|
|
2 |
Employees |
2018 |
|
2017 |
Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Office Equipment |
£ |
|
Cost |
|
At 1 April 2017 |
375 |
|
At 31 March 2018 |
375 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2017 |
125 |
|
Charge for the year |
83 |
|
At 31 March 2018 |
208 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2018 |
167 |
|
At 31 March 2017 |
250 |
|
|
4 |
Creditors: amounts falling due within one year |
2018 |
|
2017 |
£ |
£ |
|
|
Corporation Tax |
|
|
|
|
10,227 |
|
13,558 |
|
Director's loan account |
9,678 |
|
5,146 |
|
Accruals and deferred income |
406 |
|
360 |
|
|
|
|
|
|
20,311 |
|
19,064 |
|
|
|
|
|
|
|
|
|
|
5 |
Related party transactions |
|
|
At 31st March 2018 the company owed its director, Mr Martin Hoctor, £9,678. The loan was unsecured, interest-free and without fixed repayment date.
|
|
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6 |
Controlling party |
|
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Control of the company lies with Mr Martin Hoctor, its sole director and shareholder.
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|
7 |
Other information |
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Adam Delved Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
40 Stockwell Street |
|
Greenwich |
|
London |
|
SE10 8EY |