ADS AGENCIES LTD
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
Company Registration No. 10829065 (England and Wales)
ADS AGENCIES LTD
CONTENTS
Page
Accountants' report
1
Profit and loss account
2
Balance sheet and notes to the financial statements
3
ADS AGENCIES LTD
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF ADS AGENCIES LTD
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of ADS Agencies Ltd for the year ended 30 June 2024, which comprise the profit and loss account and the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.
Beaumont Seymour
8 October 2024
Chartered Certified Accountants
47 Butt Road
Colchester
Essex
CO3 3BZ
ADS AGENCIES LTD
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 30 JUNE 2024
- 2 -
2024
2023
£
£
Turnover
95,518
103,091
Other income
1,477
287
Cost of raw materials and consumables
(11,897)
(13,687)
Staff costs
(12,570)
(9,965)
Depreciation and other amounts written off assets
(900)
(731)
Other charges
(15,212)
(16,242)
Tax
(7,375)
(12,581)
Profit
49,041
50,172
ADS AGENCIES LTD
BALANCE SHEET
- 3 -
2024
2023
£
£
£
£
Fixed assets
19,493
1,893
Current assets
90,187
111,111
Creditors: amounts falling due within one year
(13,674)
(22,339)
Net current assets
76,513
88,772
Total assets less current liabilities
96,006
90,665
Creditors: amounts falling due after more than one year
(6,500)
(12,500)
Net assets
89,506
78,165
Capital and reserves
89,506
78,165
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
1
1
ADS Agencies Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 47 Butt Road, Colchester, Essex, CO3 3BZ.
For the year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 8 October 2024
Mr A de Schoolmeester
Director
Company registration number 10829065 (England and Wales)