1 March 2023 false No description of principal activity Taxfiler 2024.6 09442295business:PrivateLimitedCompanyLtd2023-03-012024-02-29 094422952023-02-28 094422952023-03-012024-02-29 09442295business:AuditExempt-NoAccountantsReport2023-03-012024-02-29 09442295business:FilletedAccounts2023-03-012024-02-29 094422952024-02-29 09442295business:Director12023-03-012024-02-29 09442295business:RegisteredOffice2023-03-012024-02-29 094422952023-02-28 09442295core:WithinOneYear2024-02-29 09442295core:WithinOneYear2023-02-28 09442295core:AfterOneYear2024-02-29 09442295core:AfterOneYear2023-02-28 09442295core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 09442295core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 09442295core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 09442295core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 09442295core:PreviouslyStatedAmount2024-02-29 09442295core:PreviouslyStatedAmount2023-02-28 09442295business:SmallEntities2023-03-012024-02-29 09442295countries:EnglandWales2023-03-012024-02-29 09442295core:PlantMachinery2023-02-28 09442295core:MotorVehicles2023-02-28 09442295core:PlantMachinery2023-03-012024-02-29 09442295core:MotorVehicles2023-03-012024-02-29 09442295core:PlantMachinery2024-02-29 09442295core:MotorVehicles2024-02-29 094422952022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 09442295 (England and Wales)
ADK Building Solutions Ltd Unaudited accounts for the year ended 29 February 2024
ADK Building Solutions Ltd Unaudited accounts Contents
Page
- 2 -
ADK Building Solutions Ltd Company Information for the year ended 29 February 2024
Director
Atanas Krastev
Company Number
09442295 (England and Wales)
Registered Office
9 Whitby Road Sutton Surrey SM1 3NB
- 3 -
ADK Building Solutions Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
37,409 
42,832 
Current assets
Debtors
50,619 
14,706 
Cash at bank and in hand
13,650 
12,027 
64,269 
26,733 
Creditors: amounts falling due within one year
(183,546)
(146,623)
Net current liabilities
(119,277)
(119,890)
Total assets less current liabilities
(81,868)
(77,058)
Creditors: amounts falling due after more than one year
(34,722)
(39,063)
Net liabilities
(116,590)
(116,121)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(116,690)
(116,221)
Shareholders' funds
(116,590)
(116,121)
For the year ending 29 February 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 30 September 2024 and were signed on its behalf by
Atanas Krastev Director Company Registration No. 09442295
- 4 -
ADK Building Solutions Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
ADK Building Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 09442295. The registered office is 9 Whitby Road, Sutton, Surrey, SM1 3NB .
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.
3
Accounting policies
These financial statements for the year ended 29 February 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 March 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
3,540 
59,495 
63,035 
Additions
6,167 
- 
6,167 
At 29 February 2024
9,707 
59,495 
69,202 
Depreciation
At 1 March 2023
1,585 
18,618 
20,203 
Charge for the year
2,530 
9,060 
11,590 
At 29 February 2024
4,115 
27,678 
31,793 
Net book value
At 29 February 2024
5,592 
31,817 
37,409 
At 28 February 2023
1,955 
40,877 
42,832 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
42,318 
13,606 
Other debtors
8,301 
1,100 
50,619 
14,706 
- 5 -
ADK Building Solutions Ltd Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
22,631 
Trade creditors
81,342 
7,758 
Taxes and social security
68,857 
105,301 
Other creditors
33,347 
10,933 
183,546 
146,623 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
34,722 
39,063 
8
Average number of employees
During the year the average number of employees was 5 (2023: 1).
- 6 -