IRIS Accounts Production v23.4.0.336 04278948 Board of Directors 1.2.23 31.1.24 31.1.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh042789482023-01-31042789482024-01-31042789482023-02-012024-01-31042789482022-01-31042789482022-02-012023-01-31042789482023-01-3104278948ns15:EnglandWales2023-02-012024-01-3104278948ns14:PoundSterling2023-02-012024-01-3104278948ns10:Director12023-02-012024-01-3104278948ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3104278948ns10:SmallEntities2023-02-012024-01-3104278948ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3104278948ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3104278948ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3104278948ns10:FullAccounts2023-02-012024-01-3104278948ns10:OrdinaryShareClass12023-02-012024-01-3104278948ns10:Director22023-02-012024-01-3104278948ns10:CompanySecretary12023-02-012024-01-3104278948ns10:RegisteredOffice2023-02-012024-01-3104278948ns5:CurrentFinancialInstruments2024-01-3104278948ns5:CurrentFinancialInstruments2023-01-3104278948ns5:Non-currentFinancialInstruments2024-01-3104278948ns5:Non-currentFinancialInstruments2023-01-3104278948ns5:ShareCapital2024-01-3104278948ns5:ShareCapital2023-01-3104278948ns5:RetainedEarningsAccumulatedLosses2024-01-3104278948ns5:RetainedEarningsAccumulatedLosses2023-01-3104278948ns5:ComputerEquipment2023-02-012024-01-3104278948ns5:ComputerEquipment2023-01-3104278948ns5:ComputerEquipment2024-01-3104278948ns5:ComputerEquipment2023-01-3104278948ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2024-01-3104278948ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-01-3104278948ns10:OrdinaryShareClass12024-01-3104278948ns5:RetainedEarningsAccumulatedLosses2023-01-3104278948ns5:RetainedEarningsAccumulatedLosses2023-02-012024-01-31
REGISTERED NUMBER: 04278948 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 January 2024

for

Adams Real Estate Limited

Adams Real Estate Limited (Registered number: 04278948)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Adams Real Estate Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: P Adams
M Adams





SECRETARY: P Adams





REGISTERED OFFICE: Thatcher House
12 Mount Ephraim
Tunbridge Wells
Kent
TN4 8AS





REGISTERED NUMBER: 04278948 (England and Wales)





ACCOUNTANTS: Ward Mackenzie Ltd
Thatcher House
12 Mount Ephraim
Tunbridge Wells
Kent
TN4 8AS

Adams Real Estate Limited (Registered number: 04278948)

Balance Sheet
31 January 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,084 369

CURRENT ASSETS
Cash at bank 462 2,345

CREDITORS
Amounts falling due within one year 5 (44,926 ) (41,136 )
NET CURRENT LIABILITIES (44,464 ) (38,791 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(43,380

)

(38,422

)

CREDITORS
Amounts falling due after more than one
year

6

(837

)

(1,447

)
NET LIABILITIES (44,217 ) (39,869 )

CAPITAL AND RESERVES
Called up share capital 7 750 750
Retained earnings 8 (44,967 ) (40,619 )
SHAREHOLDERS' FUNDS (44,217 ) (39,869 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

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 4 April 2024 and were signed on its behalf by:



P Adams - Director


Adams Real Estate Limited (Registered number: 04278948)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Adams Real Estate 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
Turnover represents net invoiced sales of goods, excluding value added tax.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 February 2023 2,410
Additions 1,444
At 31 January 2024 3,854
DEPRECIATION
At 1 February 2023 2,041
Charge for year 729
At 31 January 2024 2,770
NET BOOK VALUE
At 31 January 2024 1,084
At 31 January 2023 369

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 610 595
Other creditors 613 588
Directors' current accounts 43,703 39,953
44,926 41,136

Adams Real Estate Limited (Registered number: 04278948)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 837 1,447

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
750 Ordinary £1 750 750

8. RESERVES
Retained
earnings
£   

At 1 February 2023 (40,619 )
Deficit for the year (4,348 )
At 31 January 2024 (44,967 )

9. ULTIMATE CONTROLLING PARTY

The company is under control of directors namely Mr. P Adams and Mr. M Adams

10. GOING CONCERN

The accounts have been prepared under a going concern basis. The directors are willing to continue to support the company for the foreseeable future.