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Company No: 15089639 (England and Wales)

ADSTRINGO LIMITED

Unaudited Financial Statements
For the financial period from 22 August 2023 to 31 August 2024
Pages for filing with the registrar

ADSTRINGO LIMITED

Unaudited Financial Statements

For the financial period from 22 August 2023 to 31 August 2024

Contents

ADSTRINGO LIMITED

COMPANY INFORMATION

For the financial period from 22 August 2023 to 31 August 2024
ADSTRINGO LIMITED

COMPANY INFORMATION (continued)

For the financial period from 22 August 2023 to 31 August 2024
DIRECTORS Calum Douglas Hughes (Appointed 22 August 2023)
George Warwick Hughes (Appointed 22 August 2023, Resigned 01 November 2024)
Sheona Duncan Hughes (Appointed 22 August 2023)
Simon Douglas Hughes (Appointed 22 August 2023)
REGISTERED OFFICE Camburgh House
27 New Dover Road
Canterbury
CT1 3DN
United Kingdom
COMPANY NUMBER 15089639 (England and Wales)
CHARTERED ACCOUNTANTS Burgess Hodgson LLP
Camburgh House
27 New Dover Road
Canterbury
CT1 3DN
ADSTRINGO LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 August 2024
ADSTRINGO LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 August 2024
Note 31.08.2024
£
Fixed assets
Investments 4 3,825,000
3,825,000
Current assets
Debtors 5 28
Cash at bank and in hand 604
632
Creditors: amounts falling due within one year 6 ( 1,743,688)
Net current liabilities (1,743,056)
Total assets less current liabilities 2,081,944
Creditors: amounts falling due after more than one year 7 ( 2,081,844)
Net assets 100
Capital and reserves
Called-up share capital 100
Total shareholders' funds 100

For the financial period ending 31 August 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Adstringo Limited (registered number: 15089639) were approved and authorised for issue by the Board of Directors on 13 January 2025. They were signed on its behalf by:

Simon Douglas Hughes
Director
ADSTRINGO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 22 August 2023 to 31 August 2024
ADSTRINGO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 22 August 2023 to 31 August 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Adstringo Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Camburgh House, 27 New Dover Road, Canterbury, CT1 3DN, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company’s accounting policies, the directors are required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the directors have made in the process of applying the Company’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

3. Employees

Period from
22.08.2023 to
31.08.2024
Number
Monthly average number of persons employed by the Company during the period, including directors 4

4. Fixed asset investments

Investments in associates Total
£ £
Cost or valuation before impairment
At 22 August 2023 0 0
Additions 3,825,000 3,825,000
At 31 August 2024 3,825,000 3,825,000
Carrying value at 31 August 2024 3,825,000 3,825,000

At the year end, the company held 50% of the ordinary share capital in HDS Property Services Limited.

5. Debtors

31.08.2024
£
Other debtors 28

6. Creditors: amounts falling due within one year

31.08.2024
£
Trade creditors 532
Other creditors 1,743,156
1,743,688

7. Creditors: amounts falling due after more than one year

31.08.2024
£
Other creditors 2,081,844

There are no amounts included above in respect of which any security has been given by the small entity.

8. Related party transactions

Transactions with entities in which the entity itself has a participating interest

31.08.2024
£
At the period end the company owed the following amount to an associate company: 1,325,000