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REGISTERED NUMBER: 14672304 (England and Wales)















Unaudited Financial Statements

for the Period

18 February 2023 to 29 February 2024

for

Ads House Ltd

Ads House Ltd (Registered number: 14672304)

Contents of the Financial Statements
for the Period 18 February 2023 to 29 February 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ads House Ltd

Company Information
for the Period 18 February 2023 to 29 February 2024







DIRECTORS: G Jackson
Mrs N Jackson





SECRETARY:





REGISTERED OFFICE: 12 Stothard Road
Stretford
Manchester
Greater Manchester
M32 9HA





REGISTERED NUMBER: 14672304 (England and Wales)





ACCOUNTANTS: TF & Partners Ltd t/a Hatherlows
Chartered Accountants
The Studio, Hatherlow House
Hatherlow
Romiley
Stockport
Cheshire
SK6 3DY

Ads House Ltd (Registered number: 14672304)

Balance Sheet
29 February 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 209,670

CURRENT ASSETS
Debtors 5 302
Cash at bank and in hand 10,727
11,029
CREDITORS
Amounts falling due within one year 6 54,918
NET CURRENT LIABILITIES (43,889 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

165,781

CREDITORS
Amounts falling due after more than one
year

7

157,735
NET ASSETS 8,046

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 7,946
SHAREHOLDERS' FUNDS 8,046

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 February 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.

Ads House Ltd (Registered number: 14672304)

Balance Sheet - continued
29 February 2024


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 21 June 2024 and were signed on its behalf by:





Mrs N Jackson - Director


Ads House Ltd (Registered number: 14672304)

Notes to the Financial Statements
for the Period 18 February 2023 to 29 February 2024


1. STATUTORY INFORMATION

Ads House 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.

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

Taxation
Taxation for the period 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

Ads House Ltd (Registered number: 14672304)

Notes to the Financial Statements - continued
for the Period 18 February 2023 to 29 February 2024


4. TANGIBLE FIXED ASSETS
Freehold Computer
property equipment Totals
£    £    £   
COST
Additions 208,647 1,225 209,872
At 29 February 2024 208,647 1,225 209,872
DEPRECIATION
Charge for period - 202 202
At 29 February 2024 - 202 202
NET BOOK VALUE
At 29 February 2024 208,647 1,023 209,670

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 302

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 5,846
Other creditors 49,072
54,918

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans 157,735

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 29 February 2024:

£   
Mrs N Jackson
Balance outstanding at start of period -
Amounts repaid (33,138 )
Amounts written off -
Amounts waived -
Balance outstanding at end of period (33,138 )

Ads House Ltd (Registered number: 14672304)

Notes to the Financial Statements - continued
for the Period 18 February 2023 to 29 February 2024


8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

G Jackson
Balance outstanding at start of period -
Amounts repaid (15,138 )
Amounts written off -
Amounts waived -
Balance outstanding at end of period (15,138 )

9. RELATED PARTY DISCLOSURES

During the period, total dividends of £18,000 were paid to the directors .

10. POST BALANCE SHEET EVENTS

The financial statements were authorised for issue by the directors on 21 June 2024.

11. ULTIMATE CONTROLLING PARTY

The controlling party is the company's directors acting in concert.

The ultimate controlling party is the company's directors acting in concert.