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REGISTERED NUMBER: 03874150 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

AD INTERIM LIMITED

AD INTERIM LIMITED (REGISTERED NUMBER: 03874150)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 April 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


AD INTERIM LIMITED

COMPANY INFORMATION
For The Year Ended 30 April 2024







DIRECTORS: M E Anderson
J A Blackburn
K Badman





SECRETARY: J A Blackburn





REGISTERED OFFICE: The Lansdowne Building
2 Lansdowne Road
Croydon
CR9 2ER





REGISTERED NUMBER: 03874150 (England and Wales)





ACCOUNTANTS: TC CH Limited
4 Office Village
Forder Way
Cygnet Park, Hampton
Peterborough
Cambridgeshire
PE7 8GX

AD INTERIM LIMITED (REGISTERED NUMBER: 03874150)

STATEMENT OF FINANCIAL POSITION
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,722 2,295

CURRENT ASSETS
Debtors 5 - 96
Cash at bank 37,800 37,065
37,800 37,161
CREDITORS
Amounts falling due within one year 6 33,946 38,472
NET CURRENT ASSETS/(LIABILITIES) 3,854 (1,311 )
TOTAL ASSETS LESS CURRENT LIABILITIES 5,576 984

PROVISIONS FOR LIABILITIES 7 430 574
NET ASSETS 5,146 410

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 5,046 310
SHAREHOLDERS' FUNDS 5,146 410

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 directors acknowledge their 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 Board of Directors and authorised for issue on 8 October 2024 and were signed on its behalf by:





M E Anderson - Director


AD INTERIM LIMITED (REGISTERED NUMBER: 03874150)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 April 2024


1. STATUTORY INFORMATION

Ad Interim 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

No significant judgements (apart from those involving estimations) have been made by management in the process of applying the entity's accounting policies and preparing these financial statements.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There have been no key assumptions or there sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

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.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

At each balance sheet date assets not carried at fair value are assessed to determine whether there is an indication that the asset may be impaired. If there is such an indication the recoverable amount of the asset is compared to the carrying amount of the asset.

Financial instruments
The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost.

Financial liabilities - trade creditors, accruals and other creditors and basic financial instruments and are measured at amortised cost. Taxation and social security and not included in the financial instruments disclosure definition.


AD INTERIM LIMITED (REGISTERED NUMBER: 03874150)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 April 2024


2. ACCOUNTING POLICIES - continued
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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors
Short term debtors are initially measured at transaction price less attributable costs and then subsequently measured at amortised costs using EIR. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade creditors are initially measured at transaction price less attributable costs. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

AD INTERIM LIMITED (REGISTERED NUMBER: 03874150)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 April 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 692 17,048 17,740
DEPRECIATION
At 1 May 2023 649 14,796 15,445
Charge for year 10 563 573
At 30 April 2024 659 15,359 16,018
NET BOOK VALUE
At 30 April 2024 33 1,689 1,722
At 30 April 2023 43 2,252 2,295

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 96

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation tax 5,965 3,958
Social security and other taxes 909 1,382
VAT 7,343 7,942
Other creditors (32 ) 1,241
Pension Control Account 266 288
Directors' current accounts 10,000 -
Directors' loan accounts - 17,374
Accruals and deferred income 9,495 6,287
33,946 38,472

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 430 574

Deferred
tax
£   
Balance at 1 May 2023 574
Provided during year (144 )
Balance at 30 April 2024 430

AD INTERIM LIMITED (REGISTERED NUMBER: 03874150)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 April 2024


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary shares £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 May 2023 310
Profit for the year 24,736
Dividends (20,000 )
At 30 April 2024 5,046

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, the company owed the director Jane Blackburn £4,000 (2023 :£7,612). This loan is unsecured and repayable on demand.

At the balance sheet date, the company owed the director Martin Anderson £6,000 (2023 :£9,012). This loan is unsecured and repayable on demand.

11. RELATED PARTY DISCLOSURES

During the year, total dividends of £20,000 (2023 - £17,000) were paid to the directors .

12. CONTROLLING PARTY

The controlling party is M E Anderson by virtue of his 60% holding of the issued ordinary share capital.