IRIS Accounts Production v23.3.0.418 09502983 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false Ordinary 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh095029832022-03-31095029832023-03-31095029832022-04-012023-03-31095029832021-03-31095029832021-04-012022-03-31095029832022-03-3109502983ns10:Originalns15:EnglandWales2022-04-012023-03-3109502983ns14:PoundSterlingns10:Original2022-04-012023-03-3109502983ns10:Originalns10:Director12022-04-012023-03-3109502983ns10:Original2022-04-012023-03-3109502983ns10:Original2023-03-3109502983ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3109502983ns10:Originalns10:SmallEntities2022-04-012023-03-3109502983ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3109502983ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3109502983ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3109502983ns10:Originalns10:FullAccounts2022-04-012023-03-3109502983ns10:Originalns10:OrdinaryShareClass12022-04-012023-03-3109502983ns10:Originalns10:OrdinaryShareClass22022-04-012023-03-3109502983ns10:Originalns10:Director22022-04-012023-03-3109502983ns10:Originalns10:RegisteredOffice2022-04-012023-03-3109502983ns10:Original2022-03-3109502983ns10:Originalns5:CurrentFinancialInstruments2023-03-3109502983ns10:Originalns5:CurrentFinancialInstruments2022-03-3109502983ns10:Originalns5:Non-currentFinancialInstruments2023-03-3109502983ns10:Originalns5:Non-currentFinancialInstruments2022-03-3109502983ns5:ShareCapitalns10:Original2023-03-3109502983ns5:ShareCapitalns10:Original2022-03-3109502983ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3109502983ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3109502983ns10:Originalns5:PlantMachinery2022-04-012023-03-3109502983ns10:Originalns5:FurnitureFittings2022-04-012023-03-3109502983ns10:Originalns5:MotorVehicles2022-04-012023-03-3109502983ns10:Originalns5:ComputerEquipment2022-04-012023-03-3109502983ns10:Original2021-04-012022-03-3109502983ns10:Originalns5:PlantMachinery2022-03-3109502983ns10:Originalns5:PlantMachinery2023-03-3109502983ns10:Originalns5:PlantMachinery2022-03-3109502983ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3109502983ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3109502983ns10:Originalns10:OrdinaryShareClass12023-03-3109502983ns10:Originalns10:OrdinaryShareClass22023-03-31
REGISTERED NUMBER: 09502983 (England and Wales)

















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Adrad Limited

Adrad Limited (Registered number: 09502983)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Adrad Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mr J P Ley
Mrs P A Ley





REGISTERED OFFICE: 5 Carley Drive
Sheffield
South Yorkshire
S20 8NQ





REGISTERED NUMBER: 09502983 (England and Wales)





ACCOUNTANTS: Sutton McGrath Hartley Limited
5 Westbrook Court
Sharrowvale Road
Sheffield
S11 8YZ

Adrad Limited (Registered number: 09502983)

Statement of Financial Position
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 195,857 134,675

CURRENT ASSETS
Debtors 5 4,101 3,359
Cash at bank and in hand 25,496 54,224
29,597 57,583
CREDITORS
Amounts falling due within one year 6 12,315 8,744
NET CURRENT ASSETS 17,282 48,839
TOTAL ASSETS LESS CURRENT LIABILITIES 213,139 183,514

CREDITORS
Amounts falling due after more than one
year

7

(3,587

)

-

PROVISIONS FOR LIABILITIES (35,078 ) -
NET ASSETS 174,474 183,514

CAPITAL AND RESERVES
Called up share capital 8 102 102
Retained earnings 174,372 183,412
SHAREHOLDERS' FUNDS 174,474 183,514

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Adrad Limited (Registered number: 09502983)

Statement of Financial Position - continued
31 March 2023


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 Board of Directors and authorised for issue on 14 November 2023 and were signed on its behalf by:





Mr J P Ley - Director


Adrad Limited (Registered number: 09502983)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Adrad 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.

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
Revenue 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.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on reducing balance

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 statement of financial position date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

Adrad Limited (Registered number: 09502983)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 April 2022 247,420
Additions 100,661
Disposals (14,183 )
At 31 March 2023 333,898
DEPRECIATION
At 1 April 2022 112,745
Charge for year 37,376
Eliminated on disposal (12,080 )
At 31 March 2023 138,041
NET BOOK VALUE
At 31 March 2023 195,857
At 31 March 2022 134,675

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,718 2,184
Other debtors 2,383 1,175
4,101 3,359

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 1,345 -
Trade creditors 8 114
Taxation and social security - 7,468
Other creditors 10,962 1,162
12,315 8,744

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 3,587 -

Adrad Limited (Registered number: 09502983)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 1 100 100
2 Ordinary B 1 2 2
102 102

9. RELATED PARTY DISCLOSURES

The company, Adrad Ltd, was party to the following transactions in the year:

Advanced Radiant Services Ltd (an associated company)

During the year Adrad Ltd raised sales invoices to Advanced Radiant Services Ltd for the amount of
£84,663 (excl VAT) (2022: £94,409).

During the year Adrad Ltd sold fixed assets to Advanced Radiant Services Ltd for the amount of £12,000 (excl VAT) (2022: £NIL).

At the year end Adrad Ltd owed a balance of £NIL (2022: £NIL).