Company Registration No. 12408352 (England and Wales)
ADAM2020 LTD
Unaudited accounts
for the year ended 31 January 2024
ADAM2020 LTD
Unaudited accounts
Contents
ADAM2020 LTD
Company Information
for the year ended 31 January 2024
Company Number
12408352 (England and Wales)
Registered Office
COLLINGWOOD BUILDINGS
38 COLLINGWOOD STREET
NEWCASTLE UPON TYNE
NE1 1JF
ENGLAND
Accountants
Miah & Co Chartered Certified Accountants
Beda House
Clough Dene
Stanley
Co Durham
DH9 9PN
ADAM2020 LTD
Statement of financial position
as at 31 January 2024
Investment property
2,790,666
1,424,774
Cash at bank and in hand
5,901
16,148
Creditors: amounts falling due within one year
(9,702)
(5,804)
Net current (liabilities)/assets
(3,801)
21,444
Total assets less current liabilities
2,786,865
1,446,218
Creditors: amounts falling due after more than one year
(2,765,852)
(1,441,450)
Called up share capital
100
100
Profit and loss account
20,913
4,668
Shareholders' funds
21,013
4,768
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 October 2024 and were signed on its behalf by
ADAM RASHEED
Director
Company Registration No. 12408352
ADAM2020 LTD
Notes to the Accounts
for the year ended 31 January 2024
ADAM2020 LTD is a private company, limited by shares, registered in England and Wales, registration number 12408352. The registered office is COLLINGWOOD BUILDINGS, 38 COLLINGWOOD STREET, NEWCASTLE UPON TYNE, NE1 1JF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 February 2023
1,424,774
At 31 January 2024
2,790,666
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,200
1,000
Taxes and social security
8,502
4,804
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
2,765,852
1,441,450
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).