Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-29The company provides support to young individuals aged 16+.false2023-03-0151falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13910937 2023-03-01 2024-02-29 13910937 2022-02-11 2023-02-28 13910937 2024-02-29 13910937 2023-02-28 13910937 c:Director1 2023-03-01 2024-02-29 13910937 d:OfficeEquipment 2023-03-01 2024-02-29 13910937 d:OfficeEquipment 2024-02-29 13910937 d:OfficeEquipment 2023-02-28 13910937 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 13910937 d:ComputerEquipment 2023-03-01 2024-02-29 13910937 d:ComputerEquipment 2024-02-29 13910937 d:ComputerEquipment 2023-02-28 13910937 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 13910937 d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 13910937 d:CurrentFinancialInstruments 2024-02-29 13910937 d:CurrentFinancialInstruments 2023-02-28 13910937 d:Non-currentFinancialInstruments 2024-02-29 13910937 d:Non-currentFinancialInstruments 2023-02-28 13910937 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 13910937 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 13910937 d:ShareCapital 2024-02-29 13910937 d:ShareCapital 2023-02-28 13910937 d:RetainedEarningsAccumulatedLosses 2024-02-29 13910937 d:RetainedEarningsAccumulatedLosses 2023-02-28 13910937 c:OrdinaryShareClass1 2023-03-01 2024-02-29 13910937 c:OrdinaryShareClass1 2024-02-29 13910937 c:OrdinaryShareClass1 2023-02-28 13910937 c:FRS102 2023-03-01 2024-02-29 13910937 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 13910937 c:FullAccounts 2023-03-01 2024-02-29 13910937 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 13910937 e:PoundSterling 2023-03-01 2024-02-29 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13910937









ADAIR SUPPORT LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

 
ADAIR SUPPORT LIMITED
REGISTERED NUMBER: 13910937

BALANCE SHEET
AS AT 29 FEBRUARY 2024

2024
2023
Note
£
£

FIXED ASSETS
  

Tangible assets
 4 
1,898
1,626

CURRENT ASSETS
  

Debtors: amounts falling due after more than one year
 5 
7,027
-

Debtors: amounts falling due within one year
 5 
65,914
9,212

Cash at bank and in hand
  
72,008
3,178

  
144,949
12,390

Creditors: amounts falling due within one year
 6 
(85,202)
(104,115)

NET CURRENT ASSETS/(LIABILITIES)
  
 
 
59,747
 
 
(91,725)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
61,645
(90,099)

  

NET ASSETS/(LIABILITIES)
  
61,645
(90,099)


CAPITAL AND RESERVES
  

Called up share capital 
 7 
100
100

Profit and loss account
  
61,545
(90,199)

  
61,645
(90,099)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

Page 1

 
ADAIR SUPPORT LIMITED
REGISTERED NUMBER: 13910937
    
BALANCE SHEET (CONTINUED)
AS AT 29 FEBRUARY 2024

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




M G J Joseph
Director

Date: 29 November 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
ADAIR SUPPORT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


GENERAL INFORMATION

Adair Support Limited is a private company limited by shares and incorporated in England and Wales. Its registered office address is Interchange House, 1st Floor 81-85 Station Road, Croydon, Surrey, United Kingdom, CR0 2AJ.
The company's functional and presentational currency is GBP.

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

 
2.2

GOING CONCERN

At the balance sheet date the Company had net assets of £61,645 (2023 - net liabilities of £90,099). The financial statements have been prepared on a going concern basis as the Company continues to recieve support from its directors to ensure that it meets its liabilities as they fall due. Having reviewed forecasted cash flows and sales projections the directors consider the going concern basis to be appropriate. 

 
2.3

REVENUE

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue 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 revenue is recognised:

 
2.4

TAXATION

Tax is recognised in profit or loss 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 in the countries where the Company operates and generates income.

 
2.5

TANGIBLE FIXED ASSETS

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.

Page 3

 
ADAIR SUPPORT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.ACCOUNTING POLICIES (CONTINUED)


2.5
TANGIBLE FIXED ASSETS (CONTINUED)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
25%
Straight line
Computer equipment
-
25%
Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

DEBTORS

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


EMPLOYEES




The average monthly number of employees, including directors, during the year was 5 (2023 - 1).

Page 4

 
ADAIR SUPPORT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

4.


TANGIBLE FIXED ASSETS







Office equipment
Computer equipment
Total

£
£
£



COST OR VALUATION


At 1 March 2023
800
997
1,797


Additions
-
1,359
1,359


Disposals
(800)
-
(800)



At 29 February 2024

-
2,356
2,356



DEPRECIATION


At 1 March 2023
67
104
171


Charge for the year on owned assets
-
354
354


Disposals
(67)
-
(67)



At 29 February 2024

-
458
458



NET BOOK VALUE



At 29 February 2024
-
1,898
1,898

Page 5

 
ADAIR SUPPORT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

5.


DEBTORS

29 February
28 February
2024
2023
£
£

DUE AFTER MORE THAN ONE YEAR

Other debtors
7,027
-


29 February
28 February
2024
2023
£
£

DUE WITHIN ONE YEAR

Trade debtors
64,280
7,542

Called up share capital not paid
100
100

Prepayments and accrued income
1,534
1,570

65,914
9,212



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29 February
28 February
2024
2023
£
£

Bank overdrafts
6,962
23,842

Trade creditors
6,034
9,738

Corporation tax
16,012
-

Other taxation and social security
7,834
166

Other creditors
44,893
68,421

Accruals and deferred income
3,467
1,948

85,202
104,115



7.


SHARE CAPITAL

29 February
28 February
2024
2023
£
£
ALLOTTED, CALLED UP AND PARTLY PAID



100 (2023 - 100) Ordinary shares of £1.00 each
100
100


 
Page 6