Company Registration No. 11892496 (England and Wales)
Adoor Ltd
Unaudited accounts
for the year ended 31 March 2024
Adoor Ltd
Unaudited accounts
Contents
Adoor Ltd
Company Information
for the year ended 31 March 2024
Company Number
11892496 (England and Wales)
Registered Office
53 Ramslye Road
Tunbridge Wells
Kent
TN4 8LT
Adoor Ltd
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
689
538
Creditors: amounts falling due within one year
(96,746)
(68,139)
Net current liabilities
(96,057)
(67,601)
Net liabilities
(96,057)
(67,601)
Called up share capital
7,500
7,500
Profit and loss account
(103,557)
(75,101)
Shareholders' funds
(96,057)
(67,601)
For the year ending 31 March 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 29 October 2024 and were signed on its behalf by
M Wadsworth
Director
Company Registration No. 11892496
Adoor Ltd
Notes to the Accounts
for the year ended 31 March 2024
Adoor Ltd is a private company, limited by shares, registered in England and Wales, registration number 11892496. The registered office is 53 Ramslye Road, Tunbridge Wells, Kent, TN4 8LT.
2
Compliance with accounting standards
These financial statements have been prepared in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
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.
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.
The accounts are presented in Sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from fees is recognised in the period to which it relates.
Grants are recognised in the period to which they relate and to the extent that the company is entitled to the income.
The company only has financial instruments which are classified as basic financial instruments.
Short-term creditors are measured at the settlement value. Any losses from impairment are recognised in profit and loss.
4
Creditors: amounts falling due within one year
2024
2023
Loans from directors
96,191
67,789
Adoor Ltd
Notes to the Accounts
for the year ended 31 March 2024
5
Transactions with related parties
During the year, M Wadsworth, a director of the company introduced funds totalling £27,153 and incurred expenses on behalf of the company totalling £1,249. At the Balance Sheet date, the director was owed £96,191 (2023 - £67,789). The loan is interest free and repayable on demand.
6
Average number of employees
During the year the average number of employees was 3 (2023: 3).