2022-09-01 2023-08-31 false Capium Accounts Production 1.1 05036655 bus:FullAccounts 2022-09-01 2023-08-31 05036655 bus:FRS102 2022-09-01 2023-08-31 05036655 bus:AuditExemptWithAccountantsReport 2022-09-01 2023-08-31 05036655 bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 05036655 bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 05036655 2022-09-01 2023-08-31 05036655 2023-08-31 05036655 bus:RegisteredOffice 2022-09-01 2023-08-31 05036655 core:WithinOneYear 2023-08-31 05036655 core:AfterOneYear 2023-08-31 05036655 bus:Director1 2022-09-01 2023-08-31 05036655 bus:Director1 2023-08-31 05036655 bus:Director1 2021-09-01 2022-08-31 05036655 bus:Director2 2022-09-01 2023-08-31 05036655 bus:Director2 2023-08-31 05036655 bus:Director2 2021-09-01 2022-08-31 05036655 2021-09-01 05036655 bus:LeadAgentIfApplicable 2022-09-01 2023-08-31 05036655 2021-09-01 2022-08-31 05036655 2022-08-31 05036655 core:WithinOneYear 2022-08-31 05036655 core:AfterOneYear 2022-08-31 05036655 bus:EntityAccountantsOrAuditors 2021-09-01 2022-08-31 05036655 bus:OrdinaryShareClass1 2022-09-01 2023-08-31 05036655 bus:OrdinaryShareClass1 2023-08-31 05036655 bus:OrdinaryShareClass1 2021-09-01 2022-08-31 05036655 bus:OrdinaryShareClass1 2022-08-31 05036655 bus:OrdinaryShareClass2 2022-09-01 2023-08-31 05036655 bus:OrdinaryShareClass2 2023-08-31 05036655 bus:OrdinaryShareClass2 2021-09-01 2022-08-31 05036655 bus:OrdinaryShareClass2 2022-08-31 05036655 bus:OrdinaryShareClass3 2022-09-01 2023-08-31 05036655 bus:OrdinaryShareClass3 2023-08-31 05036655 bus:OrdinaryShareClass3 2021-09-01 2022-08-31 05036655 bus:OrdinaryShareClass3 2022-08-31 05036655 bus:OrdinaryShareClass4 2022-09-01 2023-08-31 05036655 bus:OrdinaryShareClass4 2023-08-31 05036655 bus:OrdinaryShareClass4 2021-09-01 2022-08-31 05036655 bus:OrdinaryShareClass4 2022-08-31 05036655 core:LandBuildings 2022-09-01 2023-08-31 05036655 core:LandBuildings 2023-08-31 05036655 core:LandBuildings 2022-08-31 05036655 core:MotorCars 2022-09-01 2023-08-31 05036655 core:MotorCars 2023-08-31 05036655 core:MotorCars 2022-08-31 05036655 core:FurnitureFittings 2022-09-01 2023-08-31 05036655 core:FurnitureFittings 2023-08-31 05036655 core:FurnitureFittings 2022-08-31 05036655 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-08-31 05036655 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-08-31 05036655 core:NetGoodwill 2022-09-01 2023-08-31 05036655 core:CostValuation core:Non-currentFinancialInstruments 2023-08-31 05036655 core:CostValuation core:Non-currentFinancialInstruments 2022-08-31 05036655 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-08-31 05036655 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-08-31 05036655 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-08-31 05036655 core:Non-currentFinancialInstruments 2023-08-31 05036655 core:Non-currentFinancialInstruments 2022-08-31 05036655 core:ShareCapital 2023-08-31 05036655 core:ShareCapital 2022-08-31 05036655 core:RetainedEarningsAccumulatedLosses 2023-08-31 05036655 core:RetainedEarningsAccumulatedLosses 2022-08-31 05036655 dpl:Item1 2022-09-01 05036655 dpl:Item1 2023-08-31 05036655 dpl:Item1 2021-09-01 05036655 dpl:Item1 2022-08-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 05036655
England and Wales

 

 

 


Filleted Accounts

for the year ended 31 August 2023

for

A.D.A.B. LTD.

 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Tangible fixed assets 3 1,491,730    1,451,577 
1,491,730    1,451,577 
Current assets      
Debtors: amounts falling due within one year 4 100,495    82,251 
Cash at bank and in hand 4,579    143,745 
105,074    225,996 
Creditors: amount falling due within one year 5 (161,689)   (228,812)
Net current assets (56,615)   (2,816)
 
Total assets less current liabilities 1,435,115    1,448,761 
Creditors: amount falling due after more than one year 6 (1,220,841)   (1,393,960)
Provisions for liabilities 7 (4,252)   (4,299)
Net assets 210,022    50,502 
 

Capital and reserves
     
Called up share capital 8 102    102 
Profit and loss account 209,920    50,400 
Shareholders' funds 210,022    50,502 
 


For the year ended 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the board of directors on 31 July 2024 and were signed on its behalf by:


-------------------------------
Paul Rice
Director
1
General Information
A.D.A.B. Ltd. is a private company, limited by shares, registered in England and Wales, registration number 05036655, registration address 20 Sir Thomas Street, Liverpool, Merseyside, L1 6BW.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Motor Vehicles 25% Reducing Balance
Fixtures and Fittings 25% Reducing Balance
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees


Average number of employees during the year was 0 (2022 : 0).
3.

Tangible fixed assets

Cost or valuation Land and Buildings   Motor Vehicles   Fixtures and Fittings   Total
  £   £   £   £
At 01 September 2022 1,428,949    28,827    125,828    1,583,604 
Additions 161,902      7,211    169,113 
Disposals (121,500)       (121,500)
At 31 August 2023 1,469,351    28,827    133,039    1,631,217 
Depreciation
At 01 September 2022   26,897    105,130    132,027 
Charge for year   483    6,977    7,460 
On disposals      
At 31 August 2023   27,380    112,107    139,487 
Net book values
Closing balance as at 31 August 2023 1,469,351    1,447    20,932    1,491,730 
Opening balance as at 01 September 2022 1,428,949    1,930    20,698    1,451,577 


4.

Debtors: amounts falling due within one year

2023
£
  2022
£
Trade Debtors 100,341    82,097 
Other Debtors 154    154 
100,495    82,251 

5.

Creditors: amount falling due within one year

2023
£
  2022
£
Trade Creditors 1,416    36,674 
Accrued Expenses 1,037    1,037 
Other Creditors 22,253    59,753 
VAT 136,983    131,348 
161,689    228,812 

6.

Creditors: amount falling due after more than one year

2023
£
  2022
£
Bank Loans & Overdrafts 1,220,841    1,393,960 
1,220,841    1,393,960 

7.

Provisions for liabilities

2023
£
  2022
£
Deferred Tax 4,252    4,299 
4,252    4,299 

8.

Share Capital

Authorised
51 A Ordinary shares of £1.00 each
49 B Ordinary shares of £1.00 each
1 C Ordinary share of £1.00 each
1 D Ordinary share of £1.00 each
Allotted, called up and fully paid
2023
£
  2022
£
51 A Ordinary shares of £1.00 each 51    51 
49 B Ordinary shares of £1.00 each 49    49 
1 C Ordinary share of £1.00 each  
1 D Ordinary share of £1.00 each  
102    102 

2