IRIS Accounts Production v24.3.0.553 11306550 director 30.4.23 29.4.24 29.4.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh113065502023-04-29113065502024-04-29113065502023-04-302024-04-29113065502022-04-29113065502022-04-302023-04-29113065502023-04-2911306550ns15:EnglandWales2023-04-302024-04-2911306550ns14:PoundSterling2023-04-302024-04-2911306550ns10:Director12023-04-302024-04-2911306550ns10:PrivateLimitedCompanyLtd2023-04-302024-04-2911306550ns10:SmallEntities2023-04-302024-04-2911306550ns10:AuditExemptWithAccountantsReport2023-04-302024-04-2911306550ns10:SmallCompaniesRegimeForDirectorsReport2023-04-302024-04-2911306550ns10:SmallCompaniesRegimeForAccounts2023-04-302024-04-2911306550ns10:FullAccounts2023-04-302024-04-291130655012023-04-302024-04-2911306550ns10:CompanySecretary12023-04-302024-04-2911306550ns10:RegisteredOffice2023-04-302024-04-2911306550ns5:CurrentFinancialInstruments2024-04-2911306550ns5:CurrentFinancialInstruments2023-04-2911306550ns5:ShareCapital2024-04-2911306550ns5:ShareCapital2023-04-2911306550ns5:RetainedEarningsAccumulatedLosses2024-04-2911306550ns5:RetainedEarningsAccumulatedLosses2023-04-2911306550ns5:NetGoodwill2023-04-302024-04-2911306550ns5:IntangibleAssetsOtherThanGoodwill2023-04-302024-04-2911306550ns5:LandBuildings2023-04-302024-04-2911306550ns5:PlantMachinery2023-04-302024-04-2911306550ns5:NetGoodwill2023-04-2911306550ns5:NetGoodwill2024-04-2911306550ns5:NetGoodwill2023-04-2911306550ns5:LandBuildings2023-04-2911306550ns5:PlantMachinery2023-04-2911306550ns5:LandBuildings2024-04-2911306550ns5:PlantMachinery2024-04-2911306550ns5:LandBuildings2023-04-2911306550ns5:PlantMachinery2023-04-2911306550ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-2911306550ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-2911306550ns5:CurrentFinancialInstruments2023-04-302024-04-29
REGISTERED NUMBER: 11306550 (England and Wales)
























Unaudited Financial Statements

for the Year Ended 29 April 2024

for

ADONAI LETTINGS LIMITED

ADONAI LETTINGS LIMITED (REGISTERED NUMBER: 11306550)






Contents of the Financial Statements
for the year ended 29 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

ADONAI LETTINGS LIMITED

Company Information
for the year ended 29 April 2024







DIRECTOR: B Oozageer





SECRETARY: D Oozageer





REGISTERED OFFICE: 32 Furlong Way
Great Amwell
Ware
Hertfordshire
SG12 9TF





REGISTERED NUMBER: 11306550 (England and Wales)





ACCOUNTANTS: Trevor Jones & Partners Ltd
Unit 14
Hoddesdon Enterprise Centre
Pindar Road
Hoddesdon
Hertfordshire
EN11 0FJ

ADONAI LETTINGS LIMITED (REGISTERED NUMBER: 11306550)

Balance Sheet
29 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 38,000 40,000
Tangible assets 5 447,338 455,306
485,338 495,306

CURRENT ASSETS
Stocks 3,930 3,930
Debtors 6 701 677
Cash at bank and in hand 8,469 7,619
13,100 12,226
CREDITORS
Amounts falling due within one year 7 706,510 594,190
NET CURRENT LIABILITIES (693,410 ) (581,964 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(208,072

)

(86,658

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (208,172 ) (86,758 )
(208,072 ) (86,658 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the director and authorised for issue on 17 December 2024 and were signed by:



B Oozageer - Director


ADONAI LETTINGS LIMITED (REGISTERED NUMBER: 11306550)

Notes to the Financial Statements
for the year ended 29 April 2024

1. STATUTORY INFORMATION

Adonai Lettings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of twenty five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 15% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

ADONAI LETTINGS LIMITED (REGISTERED NUMBER: 11306550)

Notes to the Financial Statements - continued
for the year ended 29 April 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 30 April 2023
and 29 April 2024 50,000
AMORTISATION
At 30 April 2023 10,000
Charge for year 2,000
At 29 April 2024 12,000
NET BOOK VALUE
At 29 April 2024 38,000
At 29 April 2023 40,000

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 30 April 2023 440,995 80,518 521,513
Additions - 6,209 6,209
At 29 April 2024 440,995 86,727 527,722
DEPRECIATION
At 30 April 2023 39,095 27,112 66,207
Charge for year 7,819 6,358 14,177
At 29 April 2024 46,914 33,470 80,384
NET BOOK VALUE
At 29 April 2024 394,081 53,257 447,338
At 29 April 2023 401,900 53,406 455,306

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 701 677

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 13,327 11,801
Other creditors 693,183 582,389
706,510 594,190

ADONAI LETTINGS LIMITED (REGISTERED NUMBER: 11306550)

Notes to the Financial Statements - continued
for the year ended 29 April 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued

Included within other creditors is £445,500 (2023 - £368,500) due to Adonai Holdings Ltd, £92,601 (2023 - £92,601) due to Rosewood & Brookhouse Ltd and £8,000 to Genesis Residential Homes Ltd (2023 - £8,000), all are connected companies.

8. ULTIMATE CONTROLLING PARTY

The controlling party is B Oozageer.

The ultimate controlling party is B Oozageer.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Adonai Lettings Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Adonai Lettings Limited for the year ended 29 April 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Adonai Lettings Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Adonai Lettings Limited and state those matters that we have agreed to state to the director of Adonai Lettings Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Adonai Lettings Limited and its director for our work or for this report.

It is your duty to ensure that Adonai Lettings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Adonai Lettings Limited. You consider that Adonai Lettings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Adonai Lettings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Trevor Jones & Partners Ltd
Unit 14
Hoddesdon Enterprise Centre
Pindar Road
Hoddesdon
Hertfordshire
EN11 0FJ


17 December 2024