Company Registration No. 08836397 (England and Wales)
ADADSCO SHIPPING SERVICES LTD
Unaudited accounts
for the year ended 31 January 2024
ADADSCO SHIPPING SERVICES LTD
Unaudited accounts
Contents
ADADSCO SHIPPING SERVICES LTD
Company Information
for the year ended 31 January 2024
Director
Kwasi Brefo Adade
Company Number
08836397 (England and Wales)
Registered Office
307 ROMFORD ROAD
LONDON
E7 9HA
Accountants
CHARLES OWUSU-ANSAH
Suite 5 (4th Floor), City Gate House
246 - 250 Romford Road
Forest Gate
London
E7 9HZ
ADADSCO SHIPPING SERVICES LTD
Statement of financial position
as at 31 January 2024
Tangible assets
4,416
6,966
Cash at bank and in hand
1,505
538
Creditors: amounts falling due within one year
(5,037)
(7,759)
Net current assets
10,233
10,723
Total assets less current liabilities
14,649
17,689
Creditors: amounts falling due after more than one year
(32,795)
(38,287)
Net liabilities
(18,146)
(20,598)
Called up share capital
100
100
Profit and loss account
(18,246)
(20,698)
Shareholders' funds
(18,146)
(20,598)
For the year ending 31 January 2024 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 1 April 2024 and were signed on its behalf by
Kwasi Brefo Adade
Director
Company Registration No. 08836397
ADADSCO SHIPPING SERVICES LTD
Notes to the Accounts
for the year ended 31 January 2024
ADADSCO SHIPPING SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 08836397. The registered office is 307 ROMFORD ROAD, LONDON, E7 9HA.
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:
Plant & machinery
20% Straight Line Method
Motor vehicles
20% Straight Line Method
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2023
1,912
15,500
17,412
At 31 January 2024
3,078
15,500
18,578
At 1 February 2023
1,146
9,300
10,446
Charge for the year
616
3,100
3,716
At 31 January 2024
1,762
12,400
14,162
At 31 January 2024
1,316
3,100
4,416
At 31 January 2023
766
6,200
6,966
ADADSCO SHIPPING SERVICES LTD
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
2,567
1,423
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).