2023-04-01 2024-03-31 false Capium Accounts Production 1.1 03480133 2023-04-01 2024-03-31 03480133 bus:AbridgedAccounts 2023-04-01 2024-03-31 03480133 bus:FRS102 2023-04-01 2024-03-31 03480133 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 03480133 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 03480133 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03480133 2023-04-01 2024-03-31 03480133 2024-03-31 03480133 bus:RegisteredOffice 2023-04-01 2024-03-31 03480133 core:WithinOneYear 2024-03-31 03480133 core:AfterOneYear 2024-03-31 03480133 1 2023-04-01 2024-03-31 03480133 bus:Director1 2023-04-01 2024-03-31 03480133 bus:Director1 2024-03-31 03480133 bus:Director1 2022-04-01 2023-03-31 03480133 bus:Director2 2023-04-01 2024-03-31 03480133 bus:Director2 2024-03-31 03480133 bus:Director2 2022-04-01 2023-03-31 03480133 bus:Director3 2023-04-01 2024-03-31 03480133 bus:Director3 2024-03-31 03480133 bus:Director3 2022-04-01 2023-03-31 03480133 2022-04-01 03480133 bus:LeadAgentIfApplicable 2023-04-01 2024-03-31 03480133 2022-04-01 2023-03-31 03480133 2023-03-31 03480133 core:WithinOneYear 2023-03-31 03480133 core:AfterOneYear 2023-03-31 03480133 bus:EntityAccountantsOrAuditors 2022-04-01 2023-03-31 03480133 core:LandBuildings 2023-04-01 2024-03-31 03480133 core:LandBuildings 2024-03-31 03480133 core:LandBuildings 2023-03-31 03480133 core:PlantMachinery 2023-04-01 2024-03-31 03480133 core:PlantMachinery 2024-03-31 03480133 core:PlantMachinery 2023-03-31 03480133 core:ComputerEquipment 2023-04-01 2024-03-31 03480133 core:ComputerEquipment 2024-03-31 03480133 core:ComputerEquipment 2023-03-31 03480133 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-03-31 03480133 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-03-31 03480133 core:CostValuation core:Non-currentFinancialInstruments 2024-03-31 03480133 core:CostValuation core:Non-currentFinancialInstruments 2023-03-31 03480133 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-03-31 03480133 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-03-31 03480133 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-03-31 03480133 core:Non-currentFinancialInstruments 2024-03-31 03480133 core:Non-currentFinancialInstruments 2023-03-31 03480133 core:ShareCapital 2024-03-31 03480133 core:ShareCapital 2023-03-31 03480133 core:RetainedEarningsAccumulatedLosses 2024-03-31 03480133 core:RetainedEarningsAccumulatedLosses 2023-03-31 03480133 dpl:Item1 2023-04-01 03480133 dpl:Item1 2024-03-31 03480133 dpl:Item1 2022-04-01 03480133 dpl:Item1 2023-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 03480133
England and Wales

 

 

 

ADANAMI LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 April 2023

End date: 31 March 2024
 
 
Notes
 
31/03/2024
£
  31/03/2023
£
Fixed assets      
Tangible fixed assets 3 177,763    200,493 
177,763    200,493 
Current assets      
Stocks 4,386    8,586 
Debtors: amounts falling due within one year 76,855    89,998 
Debtors: amounts falling due after one year 15,000    15,000 
Cash at bank and in hand 7,448    40,567 
103,689    154,151 
Creditors: amount falling due within one year (60,087)   (59,473)
Net current assets 43,602    94,678 
 
Total assets less current liabilities 221,365    295,171 
Creditors: amount falling due after more than one year (820,475)   (778,368)
Net assets (599,110)   (483,197)
 

Capital and reserves
     
Called up share capital 2    2 
Profit and loss account (599,112)   (483,199)
Shareholders' funds (599,110)   (483,197)
 


For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 16 December 2024 and were signed on its behalf by:


-------------------------------
G Sato
Director
1
General Information
Adanami Limited is a private company, limited by shares, registered in England and Wales, registration number 03480133, registration address 3 Nisbett Walk, Sidcup, DA14 6BT.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The financial statements have been prepared on a going concern basis notwithstanding the fact that the company has a deficiency on total equity at the end of the year. The directors consider this basis to be appropriate as the company has sufficient facilities available from its shareholders to fund its working capital requirements for a period of at least twelve months from the date these financial statements were approved.
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three
months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
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:
Rendering of Services
Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
- the amount of revenue can be measured reliably;
- it is probable that the Company will receive the consideration due under the contact;
- the stage of completion of the contract at the end of the reporting period can be measured reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Leasehold 12.5% Straight Line
Plant and Machinery 25% Straight Line
Computer Equipment 25% Straight Line
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. 
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Financial assets
Basic financial assets, including trade and other debtors, cash and bank balances and intercompany working capital balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest for a similar debt instrument. Financing transactions are those in which payment is deferred beyond normal business terms or is financed at a rate of interest that is not a market rate.
Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.
Financial liabilities
Basic financial liabilities, including trade and other creditors are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financing transactions are those in which payment is deferred beyond normal business terms or is financed at a rate of interest that is not a market rate.
Debt instrument are subsequently carried at a amortised cost, using the effective interest rate method.
Financial instruments
The company has elected to apply the provisions of Section 11 Basic Financial Instruments and Section 12 Other Financial Instruments Issues of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
2.

Average number of employees

Average number of employees during the year was 9 (2023 : 0).
3.

Tangible fixed assets

Cost or valuation Leasehold   Plant and Machinery   Computer Equipment   Total
  £   £   £   £
At 01 April 2023 234,781    71,675    300    306,756 
Additions   27,050      27,050 
Disposals      
At 31 March 2024 234,781    98,725    300    333,806 
Depreciation
At 01 April 2023 60,500    45,694    69    106,263 
Charge for year 30,295    19,410    75    49,780 
On disposals      
At 31 March 2024 90,795    65,104    144    156,043 
Net book values
Closing balance as at 31 March 2024 143,986    33,621    156    177,763 
Opening balance as at 01 April 2023 174,281    25,981    231    200,493 


2