Company Registration No. 10195083 (England and Wales)
Adept Interiors Limited
Unaudited accounts
for the year ended 31 May 2023
Adept Interiors Limited
Unaudited accounts
Contents
Adept Interiors Limited
Company Information
for the year ended 31 May 2023
Company Number
10195083 (England and Wales)
Registered Office
ARDENVIEW PITCHCOTT ROAD
OVING
AYLESBURY
HP22 4HR
UNITED KINGDOM
Accountants
CS Scott Accounting LLP
Suite 1, Hardy House
Northbridge Road
Berkhamsted
Hertfordshire
HP4 1EF
Adept Interiors Limited
Statement of financial position
as at 31 May 2023
Tangible assets
21,742
2,275
Cash at bank and in hand
6,100
7,668
Creditors: amounts falling due within one year
(10,135)
(8,976)
Net current assets
8,723
1,652
Called up share capital
10
10
Profit and loss account
30,455
3,917
Shareholders' funds
30,465
3,927
For the year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 February 2024 and were signed on its behalf by
Mr Luke Tedder
Director
Company Registration No. 10195083
Adept Interiors Limited
Notes to the Accounts
for the year ended 31 May 2023
Adept Interiors Limited is a private company, limited by shares, registered in England and Wales, registration number 10195083. The registered office is ARDENVIEW PITCHCOTT ROAD, OVING, AYLESBURY, HP22 4HR, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Computer equipment
33.3% Straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2022
-
11,619
541
12,160
Additions
22,295
-
-
22,295
Disposals
-
(11,619)
-
(11,619)
At 31 May 2023
22,295
-
541
22,836
At 1 June 2022
-
9,551
334
9,885
Charge for the year
580
-
180
760
On disposals
-
(9,551)
-
(9,551)
At 31 May 2023
580
-
514
1,094
At 31 May 2023
21,715
-
27
21,742
At 31 May 2022
-
2,068
207
2,275
Adept Interiors Limited
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
Trade debtors
12,173
2,960
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
7,778
5,960
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).