Company Registration No. 11691608 (England and Wales)
ADAM CABS LTD
Unaudited accounts
for the year ended 21 November 2023
ADAM CABS LTD
Unaudited accounts
Contents
ADAM CABS LTD
Company Information
for the year ended 21 November 2023
Company Number
11691608 (England and Wales)
Registered Office
4 TRUST COURT
HISTON
CAMBRIDGE
CB24 9PW
ENGLAND
Accountants
Advice with Accounts
Unit 50-51 Nottingham Business Centres
Lenton Boulevard
Nottingham
NG7 2BY
ADAM CABS LTD
Accountants' report
Accountants' report to the director of ADAM CABS LTD on the preparation of the unaudited statutory accounts for the year ended 21 November 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
ADAM CABS LTD for the year ended
21 November 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of ADAM CABS LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of ADAM CABS LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ADAM CABS LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that ADAM CABS LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of ADAM CABS LTD. You consider that ADAM CABS LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of ADAM CABS LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Advice with Accounts
Unit 50-51 Nottingham Business Centres
Lenton Boulevard
Nottingham
NG7 2BY
18 November 2024
ADAM CABS LTD
Statement of financial position
as at 21 November 2023
Tangible assets
32,102
37,190
Cash at bank and in hand
124,092
16,707
Creditors: amounts falling due within one year
(94,132)
(42,126)
Net current assets/(liabilities)
106,826
(25,419)
Total assets less current liabilities
138,928
11,771
Creditors: amounts falling due after more than one year
(10,062)
(10,062)
Called up share capital
1
1
Profit and loss account
128,865
1,708
Shareholders' funds
128,866
1,709
For the year ending 21 November 2023 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 18 November 2024 and were signed on its behalf by
Ghulam Jillani
Director
Company Registration No. 11691608
ADAM CABS LTD
Notes to the Accounts
for the year ended 21 November 2023
ADAM CABS LTD is a private company, limited by shares, registered in England and Wales, registration number 11691608. The registered office is 4 TRUST COURT, HISTON, CAMBRIDGE, CB24 9PW, 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 ã sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
18%, 8% & 6%
4
Tangible fixed assets
Motor vehicles
At 22 November 2022
59,765
At 21 November 2023
59,765
At 22 November 2022
22,575
At 21 November 2023
27,663
At 21 November 2023
32,102
At 21 November 2022
37,190
Amounts falling due within one year
ADAM CABS LTD
Notes to the Accounts
for the year ended 21 November 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
34,715
-
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
848
848
8
Average number of employees
During the year the average number of employees was 5 (2022: 5).