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
ADK Building Solutions Ltd
Company Information
for the year ended 29 February 2024
Company Number
09442295 (England and Wales)
Registered Office
9 Whitby Road
Sutton
Surrey
SM1 3NB
ADK Building Solutions Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
37,409
42,832
Cash at bank and in hand
13,650
12,027
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)
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
ADK Building Solutions Ltd
Notes to the Accounts
for the year ended 29 February 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
At 29 February 2024
9,707
59,495
69,202
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
At 29 February 2024
5,592
31,817
37,409
At 28 February 2023
1,955
40,877
42,832
Amounts falling due within one year
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
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 5 (2023: 1).