A.K. ADAMSON LIMITED

Company Registration Number:
SC032486 (Scotland)

Unaudited abridged accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

A.K. ADAMSON LIMITED

Contents of the Financial Statements

for the Period Ended 29 February 2024

Balance sheet
Notes

A.K. ADAMSON LIMITED

Balance sheet

As at 29 February 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 405,336 405,336
Investments: 4 1 1
Total fixed assets: 405,337 405,337
Current assets
Debtors:   300,000 200,000
Cash at bank and in hand: 1,709 3,993
Total current assets: 301,709 203,993
Creditors: amounts falling due within one year:   (188,661) (87,475)
Net current assets (liabilities): 113,048 116,518
Total assets less current liabilities: 518,385 521,855
Creditors: amounts falling due after more than one year:   (443,047) (462,758)
Provision for liabilities: (4,669) (4,669)
Total net assets (liabilities): 70,669 54,428
Capital and reserves
Called up share capital: 7,000 7,000
Revaluation reserve:550,45250,452
Profit and loss account: 13,217 (3,024)
Shareholders funds: 70,669 54,428

The notes form part of these financial statements

A.K. ADAMSON LIMITED

Balance sheet statements

For the year ending 29 February 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 November 2024
and signed on behalf of the board by:

Name: Mr J Booth
Status: Director

The notes form part of these financial statements

A.K. ADAMSON LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

1. Accounting policies

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

A.K. ADAMSON LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

A.K. ADAMSON LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

3. Tangible Assets

Total
Cost £
At 01 March 2023 431,522
At 29 February 2024 431,522
Depreciation
At 01 March 2023 26,186
At 29 February 2024 26,186
Net book value
At 29 February 2024 405,336
At 28 February 2023 405,336

A.K. ADAMSON LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Fixed investments

Shares in Group undertaking

A.K. ADAMSON LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

5. Revaluation reserve

2024
£
Balance at 01 March 2023 50,452
Surplus or deficit after revaluation 0
Balance at 29 February 2024 50,452