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REGISTERED NUMBER: 05011017 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Adept Computer Services Limited

Adept Computer Services Limited (Registered number: 05011017)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Adept Computer Services Limited

Company Information
for the Year Ended 28 February 2023







DIRECTOR: C Thompson





SECRETARY: S Crosby





REGISTERED OFFICE: Regents Park House
Regent Street
Leeds
West Yorkshire
LS2 7QN





REGISTERED NUMBER: 05011017 (England and Wales)





ACCOUNTANTS: Charles Stewart & Co Limited
Chartered Accountants
3 Park Square
Leeds
LS1 2NE

Adept Computer Services Limited (Registered number: 05011017)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 123 165

CURRENT ASSETS
Stocks 1,500 1,500
Debtors 5 63,168 100,451
Cash at bank 301,904 216,164
366,572 318,115
CREDITORS
Amounts falling due within one year 6 184,418 158,718
NET CURRENT ASSETS 182,154 159,397
TOTAL ASSETS LESS CURRENT
LIABILITIES

182,277

159,562

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 8 182,276 159,561
SHAREHOLDERS' FUNDS 182,277 159,562

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 October 2023 and were signed by:





C Thompson - Director


Adept Computer Services Limited (Registered number: 05011017)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Adept Computer Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 10 ) .

Adept Computer Services Limited (Registered number: 05011017)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 March 2022
and 28 February 2023 7,240
DEPRECIATION
At 1 March 2022 7,075
Charge for year 42
At 28 February 2023 7,117
NET BOOK VALUE
At 28 February 2023 123
At 28 February 2022 165

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 63,168 100,451

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 87,976 72,253
Corporation tax 76,746 62,681
Social security and other taxes 10,103 14,199
Director's current account 253 245
Accrued expenses 9,340 9,340
184,418 158,718

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
1 Ordinary £1 1 1

Adept Computer Services Limited (Registered number: 05011017)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

8. RESERVES
Retained
earnings
£   

At 1 March 2022 159,561
Profit for the year 79,715
Dividends (57,000 )
At 28 February 2023 182,276

9. RELATED PARTY DISCLOSURES

During the year the company paid dividends of £57,000 (2022: £59,000) to the director of the company.

10. ULTIMATE CONTROL

The company is under the ultimate control of Mr C Thompson.