09137878falsebrickworks2022-10-312023-10-29http://www.companieshouse.gov.uk/2022-10-30http://www.companieshouse.gov.uk/pt:PlantMachinery2022-10-30http://www.companieshouse.gov.uk/pt:ShareCapital2022-10-30http://www.companieshouse.gov.uk/cd:Director12022-10-312023-10-29http://www.companieshouse.gov.uk/pt:PlantMachinery2023-10-29http://www.companieshouse.gov.uk/pt:ShareCapital2023-10-29http://www.companieshouse.gov.uk/cd:Director22022-10-312023-10-29http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-10-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-10-312023-10-29http://www.companieshouse.gov.uk/pt:MotorCars2022-10-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-10-29http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-10-312023-10-29http://www.companieshouse.gov.uk/pt:MotorCars2023-10-29http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-10-312023-10-29http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-10-29http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-10-30http://www.companieshouse.gov.uk/2022-10-312023-10-29http://www.companieshouse.gov.uk/2022-10-30http://www.companieshouse.gov.uk/cd:FRS1022022-10-312023-10-29http://www.companieshouse.gov.uk/2023-10-29http://www.companieshouse.gov.uk/cd:FullAccounts2022-10-312023-10-29http://www.companieshouse.gov.uk/pt:LandBuildings2022-10-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-10-312023-10-29http://www.companieshouse.gov.uk/pt:LandBuildings2023-10-29iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 09137878

A & D Corporate Group Limited

ACCOUNTS
FOR THE 364 DAY PERIOD ENDED 29/10/2023

Prepared By:
Greywalls Accountants Limited
13
Isis Lake
Cirencester
Gloucestershire
GL7 5LT

A & D Corporate Group Limited

ACCOUNTS
FOR THE 364 DAY PERIOD ENDED 29/10/2023
DIRECTORS
A Humphreys
D Humphreys
REGISTERED OFFICE
Pennyhooks Farmhouse
Pennyhooks
Shrivenham
Wiltshire
SN6 8EX
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 09137878
ACCOUNTANTS
Greywalls Accountants Limited
13
Isis Lake
Cirencester
Gloucestershire
GL7 5LT

A & D Corporate Group Limited

ACCOUNTS
FOR THE364 DAY PERIODENDED29/10/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

A & D Corporate Group Limited

BALANCE SHEET AT 29/10/2023
20232022
Notes££
FIXED ASSETS
Tangible assets2774,189744,890
Investment Assets324,05524,055
798,244768,945
CURRENT ASSETS
Debtors51,714,0861,700,730
Cash at bank and in hand156,859190,741
1,870,9451,891,471
CREDITORS: Amounts falling due within one year6799,272923,368
NET CURRENT ASSETS1,071,673968,103
TOTAL ASSETS LESS CURRENT LIABILITIES1,869,9171,737,048
CREDITORS: Amounts falling due after more than one year7481,325462,497
PROVISIONS FOR LIABILITIES AND CHARGES944,86330,685
NET ASSETS1,343,7291,243,866
CAPITAL AND RESERVES
Called up share capital101,0001,000
Profit and loss account1,342,7291,242,866
SHAREHOLDERS' FUNDS1,343,7291,243,866
For the year ending 29/10/2023 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 27/10/2024 and signed on their behalf by
.............................
D Humphreys
Director

A & D Corporate Group Limited

NOTES TO THE ACCOUNTS
FOR THE 364 DAY PERIOD ENDED 29/10/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.
Depreciation is provided on the following basis:
Land And Buildingsreducing balance15%
Plant And Machinerystraight line25%
Equipmentreducing balance25%
Motor Carsreducing balance25%
1c. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
1d. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.

A & D Corporate Group Limited

1e. Leasing Commitments
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account on a straight line basis.
1f. Functional Currency
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
1g. Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:
Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisifed;
- the amount of turnover can be measured reliably; it is probable that the Company will receive the consideration due under the contract; the stage of completion of the contract at the end of the reporting period can be measured reliably; and the costs incurred and the costs to complete the contract can be measured reliably.
1h. Taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in the Statement of comprehensive income, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that; the recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.
Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

A & D Corporate Group Limited

2. TANGIBLE FIXED ASSETS
Land AndPlant and
BuildingsMachineryEquipmentMotor CarsTotal
£££££
Cost
At 31/10/20222,200625,6692,778100,926731,573
Additions-29,970-123,790153,760
Disposals-(167,139)-(100,925)(268,064)
At 29/10/20232,200488,5002,778123,791617,269
Depreciation
At 31/10/20221,370407,45492675,694485,444
Disposals-(161,952)-(75,694)(237,646)
For the 364 day period12462,04692630,94794,043
At 29/10/20231,494307,5481,85230,947341,841
Net Book Amounts
At 29/10/2023706180,95292692,844275,428
At 30/10/2022830218,2151,85225,232246,129
Included within plant and machinery and motor vehicels are tangible fixed assets held on hire purchase agreements. The original purchase price of the assets is £258,699, whilst the accumulated depreciation charge re these assets amounts to £96,019. Of this depreciation amount, £54,224 was charged during the year.
3. FINANCIAL ASSETS
Other
InvestmentsTotal
££
Cost
At 31/10/202224,05524,055
At 29/10/202324,05524,055
Amortisation
Net Book Amounts
At 29/10/202324,05524,055
At 30/10/202224,05524,055
At the balance sheet date the company held 50% (2022: 50%) of the issued share capital of Lucy Humphreys Beauty Limited, a company incorporated in England and Wales.
Lucy Humphreys Beauty Limited made a profit in the year to 31 March 2024 of £15,762 (2023: £31,079) and had reserves of £nil (2023: -£617).

A & D Corporate Group Limited

4. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 31/10/2022498,761498,761
At 29/10/2023498,761498,761
The company acquired a number of investment properties a couple of years ago. The directors have revalued the properties on a fair value basis and have concluded that at this point in time historic cost equates to the properties current market value.
5. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors818,293856,974
VAT-26,683
Other debtors753,755752,224
Directors current account142,03864,849
1,714,0861,700,730
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax69,92615,578
VAT47,853-
PAYE control493,878566,987
Loans50,00080,000
Hire purchase26,60490,744
Trade creditors94,949156,559
Accruals16,06213,500
799,272923,368

A & D Corporate Group Limited

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans (unsecured) >1yr87,500137,500
Loans >1yr296,999296,955
Hire purchase >1yr96,82628,042
481,325462,497
Hire purchase creditors have a charge over the asset, for which the finance has been raised. Whilst the mortgages taken out by the company have a charge against the investment properties against which the mortgage has been raised.
8. EMPLOYEES
20232022
No.No.
Average number of employees2318
9. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation44,86330,685
44,86330,685
10. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
1000 Ordinary shares of £1.00 each10001000
1,0001,000
11. CONTROLLING PARTY
No one individual has control of the company.

A & D Corporate Group Limited

12. GROUP ACCOUNTS
The company is exempt from preparing group accounts on the basis that it is a small group.
13. GENERAL INFORMATION
A & D Corporate Group Limited is a private company limited by shares incorporated in England and Wales, company number 09137878. The registered office is Pennyhooks Farmhouse, Pennyhooks, Swindon, Wiltshire SN6 8EX.