ADAGIO LIMITED

Company Registration Number:
08521680 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

ADAGIO LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2024

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

ADAGIO LIMITED

Company Information

for the Period Ended 31 August 2024




Director: Keith Hill
Registered office: 100a
High Street
Huntingdon
Cambridgeshire
PE29 3DP
Company Registration Number: 08521680 (England and Wales)

ADAGIO LIMITED

Directors' Report Period Ended 31 August 2024

The directors present their report with the financial statements of the company for the period ended 31 August 2024

Principal Activities

The company's principal activity during the period was for the provision of beauty treatments.

Political and charitable donations

No political or charitable donations were made

Company policy on the employment of disabled persons

The company policy is to employ disables people wherever practical.

Directors

The directors shown below have held office during the whole of the period from 01 September 2023 to 31 August 2024
Keith Hill

This report was approved by the board of directors on 31 October 2024
And Signed On Behalf Of The Board By:

Name: Keith Hill
Status: Director

ADAGIO LIMITED

Balance sheet

As at 31 August 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 1,210 1,512
Total fixed assets: 1,210 1,512
Current assets
Stocks: 15,504 12,479
Cash at bank and in hand: 2,219 4,682
Total current assets: 17,723 17,161
Creditors: amounts falling due within one year: ( 6,424 ) ( 5,939 )
Net current assets (liabilities): 11,299 11,222
Total assets less current liabilities: 12,509 12,734
Creditors: amounts falling due after more than one year: ( 28,201 ) ( 25,841 )
Accruals and deferred income: ( 750 ) ( 720 )
Total net assets (liabilities): ( 16,442 ) ( 13,827 )

The notes form part of these financial statements

ADAGIO LIMITED

Balance sheet continued

As at 31 August 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 16,443 ) ( 13,828 )
Shareholders funds: ( 16,442 ) ( 13,827 )

For the year ending 31 August 2024 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 31 October 2024
And Signed On Behalf Of The Board By:

Name: Keith Hill
Status: Director

The notes form part of these financial statements

ADAGIO LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover represents amounts receivable for goods and services plus trade discounts. The company is not registered for VAT.

    Tangible fixed assets depreciation policy

    Annual depreciation of fixtures and fittings and computer equipment is calculated at 20% of net book value to write off the cost of the asset, less its residual value over its estimated useful economic lifetime.

    Valuation information and policy

    Stocks have been valued at the lower of cost and net realizable value, after making allowances for obsolete and slow moving items. Cost includes all direct expenditure and overheads.

ADAGIO LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 4 4

ADAGIO LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 3. Off balance sheet disclosure

    No

ADAGIO LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Tangible Assets

Total
Cost £
At 01 September 2023 9,663
Additions -
Disposals -
Revaluations -
Transfers -
At 31 August 2024 9,663
Depreciation
At 01 September 2023 8,151
Charge for year 302
On disposals -
Other adjustments -
At 31 August 2024 8,453
Net book value
At 31 August 2024 1,210
At 31 August 2023 1,512