IRIS Accounts Production v23.1.5.20 11217275 director 1.3.22 28.2.23 28.2.23 0 1 false true false false true false Ordinary Share Capital 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh112172752022-02-28112172752023-02-28112172752022-03-012023-02-28112172752021-02-28112172752021-03-012022-02-28112172752022-02-2811217275ns15:EnglandWales2022-03-012023-02-2811217275ns14:PoundSterling2022-03-012023-02-2811217275ns10:Director12022-03-012023-02-2811217275ns10:PrivateLimitedCompanyLtd2022-03-012023-02-2811217275ns10:SmallEntities2022-03-012023-02-2811217275ns10:AuditExemptWithAccountantsReport2022-03-012023-02-2811217275ns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2811217275ns10:SmallCompaniesRegimeForAccounts2022-03-012023-02-2811217275ns10:FullAccounts2022-03-012023-02-2811217275ns10:OrdinaryShareClass12022-03-012023-02-2811217275ns10:CompanySecretary12022-03-012023-02-2811217275ns10:RegisteredOffice2022-03-012023-02-2811217275ns5:CurrentFinancialInstruments2023-02-2811217275ns5:CurrentFinancialInstruments2022-02-2811217275ns5:Non-currentFinancialInstruments2023-02-2811217275ns5:Non-currentFinancialInstruments2022-02-2811217275ns5:ShareCapital2023-02-2811217275ns5:ShareCapital2022-02-2811217275ns5:RetainedEarningsAccumulatedLosses2023-02-2811217275ns5:RetainedEarningsAccumulatedLosses2022-02-2811217275ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2811217275ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-02-2811217275ns10:OrdinaryShareClass12023-02-2811217275ns5:RetainedEarningsAccumulatedLosses2022-02-2811217275ns5:RetainedEarningsAccumulatedLosses2022-03-012023-02-28
REGISTERED NUMBER: 11217275 (England and Wales)







Unaudited Financial Statements

for the Year Ended 28 February 2023

for

ADE BUILDING & PLUMBING LTD

ADE BUILDING & PLUMBING LTD (REGISTERED NUMBER: 11217275)






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

Report of the Accountant 5

ADE BUILDING & PLUMBING LTD

Company Information
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTOR: M O Adeleye





SECRETARY:





REGISTERED OFFICE: 178 Edington Road
Abbeywood
London
SE2 9JS





REGISTERED NUMBER: 11217275 (England and Wales)





ACCOUNTANT: O A George & Co
Chartered Certified Accountants
and Statutory Auditors
104 New Cross Road
New Cross
London
SE14 5BA

ADE BUILDING & PLUMBING LTD (REGISTERED NUMBER: 11217275)

Balance Sheet
28 FEBRUARY 2023

28.2.23 28.2.22
Notes £    £   
CURRENT ASSETS
Stocks 3,771 4,010
Debtors 3 24,490 29,150
Cash at bank and in hand 15,148 162
43,409 33,322
CREDITORS
Amounts falling due within one year 4 16,658 9,759
NET CURRENT ASSETS 26,751 23,563
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,751

23,563

CREDITORS
Amounts falling due after more than one
year

5

44,461

49,790
NET LIABILITIES (17,710 ) (26,227 )

CAPITAL AND RESERVES
Called up share capital 6 10 10
Retained earnings 7 (17,720 ) (26,237 )
SHAREHOLDERS' FUNDS (17,710 ) (26,227 )

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 28 November 2023 and were signed by:



M O Adeleye - Director


ADE BUILDING & PLUMBING LTD (REGISTERED NUMBER: 11217275)

Notes to the Financial Statements
FOR THE YEAR ENDED 28 FEBRUARY 2023

1. STATUTORY INFORMATION

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

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.

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. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 24,490 29,150

ADE BUILDING & PLUMBING LTD (REGISTERED NUMBER: 11217275)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 9,684 6,084
Other creditors 6,974 3,675
16,658 9,759

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Bank loans 44,461 49,790

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
10 Ordinary Share Capital £1 10 10

7. RESERVES
Retained
earnings
£   

At 1 March 2022 (26,237 )
Profit for the year 8,517
At 28 February 2023 (17,720 )

ADE BUILDING & PLUMBING LTD

Report of the Accountant to the Director of
ADE BUILDING & PLUMBING LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 28 February 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to me.






O A George & Co
Chartered Certified Accountants
and Statutory Auditors
104 New Cross Road
New Cross
London
SE14 5BA


28 November 2023