Company Registration No. 05016469 (England and Wales)
ADA Solutions Limited
Unaudited accounts
for the year ended 31 March 2024
ADA Solutions Limited
Unaudited accounts
Contents
ADA Solutions Limited
Company Information
for the year ended 31 March 2024
Company Number
05016469 (England and Wales)
Registered Office
5 DORRITA AVENUE
WATERLOOVILLE
HAMPSHIRE
PO8 8HU
ENGLAND
ADA Solutions Limited
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
15,113
24,656
Creditors: amounts falling due within one year
(18,200)
(30,343)
Net current liabilities
(299)
(12)
Called up share capital
100
100
Profit and loss account
18
1,150
Shareholders' funds
118
1,250
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 21 November 2024 and were signed on its behalf by
Simon Adams
Director
Company Registration No. 05016469
ADA Solutions Limited
Notes to the Accounts
for the year ended 31 March 2024
ADA Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 05016469. The registered office is 5 DORRITA AVENUE, WATERLOOVILLE, HAMPSHIRE, PO8 8HU, 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.
Revenue, described as turnover is the value of services, net of discounts, provided to customers during the year.
Government grants are recognised under the accrual model meaning that grants relating to revenue shall be recognised in income, on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate.
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:
Plant & machinery
25% per annum straight line
Computer equipment
25% per annum straight line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
19,544
624
20,168
At 31 March 2024
19,544
624
20,168
At 1 April 2023
18,855
51
18,906
Charge for the year
689
156
845
At 31 March 2024
19,544
207
19,751
At 31 March 2024
-
417
417
At 31 March 2023
689
573
1,262
ADA Solutions Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
4,716
8,216
Loans from directors
11,949
20,864
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).