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REGISTERED NUMBER: 02873809 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

ADAPTOS LIMITED
T/A
SONDER

ADAPTOS LIMITED (REGISTERED NUMBER: 02873809)
T/A SONDER

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ADAPTOS LIMITED
T/A SONDER

COMPANY INFORMATION
for the year ended 30 April 2024







DIRECTOR: Mr R S Carter





REGISTERED OFFICE: 6 Charles Court
Budbrooke Industrial Estate
Budbrooke Road
Warwick
CV34 5LZ





REGISTERED NUMBER: 02873809 (England and Wales)





ACCOUNTANTS: Pentlands Accountants and advisors Ltd
Chartered Certified Accountants
and Registered Auditors
3 & 4 Pegasus House
Pegasus Court
Olympus Avenue
Warwick
Warwickshire
CV34 6LW

ADAPTOS LIMITED (REGISTERED NUMBER: 02873809)
T/A SONDER

BALANCE SHEET
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 175,422 178,485

CURRENT ASSETS
Debtors 5 992,211 824,665
Cash at bank 193,306 551,092
1,185,517 1,375,757
CREDITORS
Amounts falling due within one year 6 508,554 592,845
NET CURRENT ASSETS 676,963 782,912
TOTAL ASSETS LESS CURRENT
LIABILITIES

852,385

961,397

CREDITORS
Amounts falling due after more than one
year

7

(9,926

)

(18,593

)

PROVISIONS FOR LIABILITIES (39,332 ) (30,106 )
NET ASSETS 803,127 912,698

CAPITAL AND RESERVES
Called up share capital 370 370
Retained earnings 802,757 912,328
SHAREHOLDERS' FUNDS 803,127 912,698

ADAPTOS LIMITED (REGISTERED NUMBER: 02873809)
T/A SONDER

BALANCE SHEET - continued
30 April 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 October 2024 and were signed by:





Mr R S Carter - Director


ADAPTOS LIMITED (REGISTERED NUMBER: 02873809)
T/A SONDER

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 April 2024


1. STATUTORY INFORMATION

Adaptos 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.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - in accordance with the property
Website - 20% on cost
Office equipment - 25% on cost, 15% on reducing balance and 10% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Taxation
Taxation for the year 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 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.

Revenue recognition
Revenue is recognised in the period in which it relates. For projects which fall across the financial year end, revenue is recognised to reflect the partial completion of the contractual obligations.

ADAPTOS LIMITED (REGISTERED NUMBER: 02873809)
T/A SONDER

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2023 - 37 ) .

4. TANGIBLE FIXED ASSETS
Short Office
leasehold Website equipment
£    £    £   
COST
At 1 May 2023 65,134 38,275 467,667
Additions 19,115 20,000 2,009
At 30 April 2024 84,249 58,275 469,676
DEPRECIATION
At 1 May 2023 48,188 35,335 372,240
Charge for year 12,055 2,940 11,618
At 30 April 2024 60,243 38,275 383,858
NET BOOK VALUE
At 30 April 2024 24,006 20,000 85,818
At 30 April 2023 16,946 2,940 95,427

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 May 2023 55,855 454,386 1,081,317
Additions - 6,897 48,021
At 30 April 2024 55,855 461,283 1,129,338
DEPRECIATION
At 1 May 2023 24,440 422,629 902,832
Charge for year 7,854 16,617 51,084
At 30 April 2024 32,294 439,246 953,916
NET BOOK VALUE
At 30 April 2024 23,561 22,037 175,422
At 30 April 2023 31,415 31,757 178,485

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 711,631 698,545
Other debtors 280,580 126,120
992,211 824,665

ADAPTOS LIMITED (REGISTERED NUMBER: 02873809)
T/A SONDER

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 8,025 7,447
Trade creditors 109,953 203,294
Taxation and social security 245,403 302,436
Other creditors 145,173 79,668
508,554 592,845

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 9,926 18,593

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mr R S Carter.