Company Registration No. 11393692 (England and Wales)
ADHDSD LTD
Unaudited accounts
for the year ended 30 June 2024
ADHDSD LTD
Unaudited accounts
Contents
ADHDSD LTD
Company Information
for the year ended 30 June 2024
Director
Andrew Dean Dunbar
Company Number
11393692 (England and Wales)
Registered Office
57 Homefield Road
Exeter
EX1 2QX
England
Accountants
Charterwells
Suite 8, 2nd Floor
43-45 High Road
Bushey Heath
WD23 1EE
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of ADHDSD LTD for the year ended 30 June 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
ADHDSD LTD for the year ended
30 June 2024 as set out on pages
5 -
8 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 at icaew.com/membershandbook.
This report is made solely to the Board of Directors of ADHDSD LTD, as a body, in accordance with the terms of our engagement letter dated 1 June 2018. Our work has been undertaken solely to prepare for your approval the accounts of ADHDSD LTD and state those matters that we have agreed to state to the Board of Directors of ADHDSD LTD, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ADHDSD LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that ADHDSD LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of ADHDSD LTD. You consider that ADHDSD LTD 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 accounts of ADHDSD LTD. 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 accounts.
Charterwells
Chartered Accountants
Suite 8, 2nd Floor
43-45 High Road
Bushey Heath
WD23 1EE
23 January 2025
ADHDSD LTD
Statement of financial position
as at 30 June 2024
Cash at bank and in hand
1,489
267
Creditors: amounts falling due within one year
1,417
(4,733)
Net current assets
15,191
16,269
Total assets less current liabilities
15,191
17,177
Creditors: amounts falling due after more than one year
(14,648)
(16,809)
Called up share capital
1
1
Profit and loss account
542
367
Shareholders' funds
543
368
For the year ending 30 June 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 23 January 2025 and were signed on its behalf by
Andrew Dean Dunbar
Director
Company Registration No. 11393692
ADHDSD LTD
Notes to the Accounts
for the year ended 30 June 2024
ADHDSD LTD is a private company, limited by shares, registered in England and Wales, registration number 11393692. The registered office is 57 Homefield Road, Exeter, EX1 2QX, England.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% SLM
The income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expenses that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognized on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally
recognized for all taxable timing differences. Deferred tax assets are generally recognized for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilized. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realized, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognized in profit or loss, except when they related to items that are recognized in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognized in other comprehensive income or directly in equity respectively
ADHDSD LTD
Notes to the Accounts
for the year ended 30 June 2024
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
9,600
18,050
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
9,884
9,091
Loans from directors
(11,301)
(4,358)
7
Creditors: amounts falling due after more than one year
2024
2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's Loan
4,358
-
-
4,358
The loan above is interest-free and is repayable on demand. This will be fully repaid to the company within 9 months after the year end.
ADHDSD LTD
Notes to the Accounts
for the year ended 30 June 2024
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).