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REGISTERED NUMBER: 08585493 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2024

FOR

ADECA LTD

ADECA LTD (REGISTERED NUMBER: 08585493)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ADECA LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JUNE 2024







DIRECTOR: A Doyle





REGISTERED OFFICE: 36-40 Doncaster Road
Barnsley
South Yorkshire
S70 1TL





REGISTERED NUMBER: 08585493 (England and Wales)





ACCOUNTANTS: Seaman Herbert & Co
36 - 40 Doncaster Road
Barnsley
South Yorkshire
S70 1TL

ADECA LTD (REGISTERED NUMBER: 08585493)

BALANCE SHEET
30TH JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 27,622 28,977

CURRENT ASSETS
Stocks 5 2,000 11,288
Debtors 6 43,777 16,387
Cash at bank and in hand 4,023 2,636
49,800 30,311
CREDITORS
Amounts falling due within one year 7 19,138 15,138
NET CURRENT ASSETS 30,662 15,173
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,284

44,150

CREDITORS
Amounts falling due after more than one
year

8

(35,180

)

(44,815

)

PROVISIONS FOR LIABILITIES 11 (5,081 ) (189 )
NET ASSETS/(LIABILITIES) 18,023 (854 )

CAPITAL AND RESERVES
Called up share capital 12 5,000 5,000
Retained earnings 13,023 (5,854 )
SHAREHOLDERS' FUNDS 18,023 (854 )

ADECA LTD (REGISTERED NUMBER: 08585493)

BALANCE SHEET - continued
30TH JUNE 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit & Loss Account and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21st August 2024 and were signed by:





A Doyle - Director


ADECA LTD (REGISTERED NUMBER: 08585493)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024

1. STATUTORY INFORMATION

Adeca 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.
Software - 25% on cost
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account and Retained Earnings, 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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

ADECA LTD (REGISTERED NUMBER: 08585493)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
Software machinery fittings
£    £    £   
COST
At 1st July 2023 8,484 10,606 2,535
Additions - - -
Disposals - - -
At 30th June 2024 8,484 10,606 2,535
DEPRECIATION
At 1st July 2023 7,910 5,579 1,318
Charge for year 208 501 122
Eliminated on disposal - - -
At 30th June 2024 8,118 6,080 1,440
NET BOOK VALUE
At 30th June 2024 366 4,526 1,095
At 30th June 2023 574 5,027 1,217

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1st July 2023 28,995 8,583 59,203
Additions - 4,098 4,098
Disposals - (5,343 ) (5,343 )
At 30th June 2024 28,995 7,338 57,958
DEPRECIATION
At 1st July 2023 7,345 8,074 30,226
Charge for year 4,330 292 5,453
Eliminated on disposal - (5,343 ) (5,343 )
At 30th June 2024 11,675 3,023 30,336
NET BOOK VALUE
At 30th June 2024 17,320 4,315 27,622
At 30th June 2023 21,650 509 28,977

Included in the net book value of tangible fixed assets held at 30th June 2024 was £17320 (2023 : £21650) in respect of assets held under finance leases and hire purchase contracts.

ADECA LTD (REGISTERED NUMBER: 08585493)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024

5. STOCKS
2024 2023
£    £   
Stocks 2,000 2,000
Work-in-progress - 9,288
2,000 11,288

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 30,855 5,424
Other debtors 2,667 2,237
Bond - 580
Directors' current accounts 7,910 8,146
Prepayments 2,345 -
43,777 16,387

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 9) 4,272 4,272
Hire purchase contracts 5,169 4,695
Trade creditors - 1,601
Tax 5 2
VAT 7,745 1,019
Accrued expenses 1,947 3,549
19,138 15,138

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 9) 24,296 28,752
Hire purchase contracts 10,884 16,063
35,180 44,815

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 7,207 11,663

ADECA LTD (REGISTERED NUMBER: 08585493)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024

9. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 4,272 4,272

Amounts falling due between one and two years:
Bank loans - 1-2 years 4,272 4,272

Amounts falling due between two and five years:
Bank loans - 2-5 years 12,817 12,817

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 7,207 11,663

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 16,053 20,758

11. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 5,081 189

Deferred
tax
£   
Balance at 1st July 2023 189
Provided during year 4,892
Balance at 30th June 2024 5,081

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
5,000 Ordinary £1 5,000 5,000

ADECA LTD (REGISTERED NUMBER: 08585493)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024

13. ULTIMATE CONTROLLING PARTY

The controlling party is A Doyle.