Adderley Ceramics Limited 04249380 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is pottery manufacture. Digita Accounts Production Advanced 6.30.9574.0 true 04249380 2023-04-01 2024-03-31 04249380 2024-03-31 04249380 core:RetainedEarningsAccumulatedLosses 2024-03-31 04249380 core:ShareCapital 2024-03-31 04249380 core:CurrentFinancialInstruments 2024-03-31 04249380 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 04249380 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 04249380 core:FurnitureFittingsToolsEquipment 2024-03-31 04249380 core:OtherPropertyPlantEquipment 2024-03-31 04249380 bus:SmallEntities 2023-04-01 2024-03-31 04249380 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 04249380 bus:FullAccounts 2023-04-01 2024-03-31 04249380 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 04249380 bus:RegisteredOffice 2023-04-01 2024-03-31 04249380 bus:Director3 2023-04-01 2024-03-31 04249380 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 04249380 core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 04249380 core:OfficeEquipment 2023-04-01 2024-03-31 04249380 core:OtherPropertyPlantEquipment 2023-04-01 2024-03-31 04249380 core:PlantMachinery 2023-04-01 2024-03-31 04249380 countries:EnglandWales 2023-04-01 2024-03-31 04249380 2023-03-31 04249380 core:FurnitureFittingsToolsEquipment 2023-03-31 04249380 core:OtherPropertyPlantEquipment 2023-03-31 04249380 2022-04-01 2023-03-31 04249380 2023-03-31 04249380 core:RetainedEarningsAccumulatedLosses 2023-03-31 04249380 core:ShareCapital 2023-03-31 04249380 core:CurrentFinancialInstruments 2023-03-31 04249380 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 04249380 core:Non-currentFinancialInstruments core:AfterOneYear 2023-03-31 04249380 core:FurnitureFittingsToolsEquipment 2023-03-31 04249380 core:OtherPropertyPlantEquipment 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 04249380

Adderley Ceramics Limited

Unaudited Financial Statements

for the Year Ended 31 March 2024

 

Adderley Ceramics Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 6

 

Adderley Ceramics Limited

(Registration number: 04249380)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

2,815

3,446

Current assets

 

Debtors

5

1,115

846

Cash at bank and in hand

 

6,512

13,530

 

7,627

14,376

Creditors: Amounts falling due within one year

6

(8,472)

(9,966)

Net current (liabilities)/assets

 

(845)

4,410

Total assets less current liabilities

 

1,970

7,856

Creditors: Amounts falling due after more than one year

6

(3,073)

(4,885)

Provisions for liabilities

(535)

(654)

Net (liabilities)/assets

 

(1,638)

2,317

Capital and reserves

 

Called up share capital

99

99

Retained earnings

(1,737)

2,218

Shareholders' (deficit)/funds

 

(1,638)

2,317

 

Adderley Ceramics Limited

(Registration number: 04249380)
Balance Sheet as at 31 March 2024

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 26 September 2024 and signed on its behalf by:
 

.........................................
Mrs P Davis
Director

 

Adderley Ceramics Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
53 Blythe Avenue
Meir Heath
Stoke-On-Trent
Staffordshire
ST3 7JZ

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention. These financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £1.

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the manufacture of pottery goods. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Adderley Ceramics Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company.

Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% reducing balance

Office equipment

25% reducing balance

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

Adderley Ceramics Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

4

Tangible assets

Office equipment
£

Plant and machinery
£

Total
£

Cost or valuation

At 1 April 2023

12,884

27,125

40,009

Additions

266

-

266

At 31 March 2024

13,150

27,125

40,275

Depreciation

At 1 April 2023

11,158

25,405

36,563

Charge for the year

466

431

897

At 31 March 2024

11,624

25,836

37,460

Carrying amount

At 31 March 2024

1,526

1,289

2,815

At 31 March 2023

1,726

1,720

3,446

5

Debtors

Current

2024
£

2023
£

Other debtors

1,115

846

 

Adderley Ceramics Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

2,112

2,574

Taxation and social security

 

4,272

4,423

Other creditors

 

2,088

2,969

 

8,472

9,966

2024
£

2023
£

Current loans and borrowings

Bank borrowings

2,112

2,574

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

3,073

4,885