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REGISTERED NUMBER: 06455481 (England and Wales)


















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

ADL HOLDINGS LIMITED

ADL HOLDINGS LIMITED (REGISTERED NUMBER: 06455481)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


ADL HOLDINGS LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2023







DIRECTORS: I S Reed
M Diaj



REGISTERED OFFICE: Bridge Mill
Moorgate Street
Blackburn
Lancashire
BB2 4PB



REGISTERED NUMBER: 06455481 (England and Wales)



AUDITORS: Fairhurst
Statutory Auditor
Chartered Accountants
Douglas Bank House
Wigan Lane
Wigan
Lancashire
WN1 2TB



BANKERS: HSBC
49a Fishergate
Preston
Lancashire
PR1 8BH



SOLICITORS: Brabners LLP
55 King Street
Manchester
M2 4LQ

ADL HOLDINGS LIMITED (REGISTERED NUMBER: 06455481)

STATEMENT OF FINANCIAL POSITION
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 3,076,247 3,076,247

CURRENT ASSETS
Debtors 5 13,055 8,055

CREDITORS
Amounts falling due within one year 6 86 -
NET CURRENT ASSETS 12,969 8,055
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,089,216

3,084,302

CREDITORS
Amounts falling due after more than one
year

7

3,006,407

3,001,407
NET ASSETS 82,809 82,895

CAPITAL AND RESERVES
Called up share capital 1,055 1,055
Retained earnings 8 81,754 81,840
SHAREHOLDERS' FUNDS 82,809 82,895

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 24 September 2024 and were signed on its behalf by:





M Diaj - Director


ADL HOLDINGS LIMITED (REGISTERED NUMBER: 06455481)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

ADL Holdings 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.

Preparation of consolidated financial statements
The financial statements contain information about ADL Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less impairment.

Financial instruments
Related party loans have no stated interest rate, are repayable on demand and are measured at the undiscounted amount due.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2023
and 31 December 2023 3,076,247
NET BOOK VALUE
At 31 December 2023 3,076,247
At 31 December 2022 3,076,247

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 13,055 8,055

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Accrued expenses 86 -

ADL HOLDINGS LIMITED (REGISTERED NUMBER: 06455481)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Preference shares 122,454 122,454
Amounts owed to group undertakings 2,883,953 2,878,953
3,006,407 3,001,407

The £122,454 (2022 - £122,454) of issued redeemable preference shares have, in accordance with the provisions of FRS 102 Section 1A, been classified as debt and included in creditors.

8. RESERVES
Retained
earnings
£   

At 1 January 2023 81,840
Deficit for the year (86 )
At 31 December 2023 81,754

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

John B S Fairhurst BA(Hons) FCA (Senior Statutory Auditor)
for and on behalf of Fairhurst

10. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.