Caseware UK (AP4) 2023.0.135 2023.0.135 2023-09-302023-09-3042022-10-01falseConstruction of domestic buildings4falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04898091 2022-10-01 2023-09-30 04898091 2021-10-01 2022-09-30 04898091 2023-09-30 04898091 2022-09-30 04898091 c:Director1 2022-10-01 2023-09-30 04898091 d:PlantMachinery 2022-10-01 2023-09-30 04898091 d:PlantMachinery 2023-09-30 04898091 d:PlantMachinery 2022-09-30 04898091 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 04898091 d:MotorVehicles 2022-10-01 2023-09-30 04898091 d:MotorVehicles 2023-09-30 04898091 d:MotorVehicles 2022-09-30 04898091 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 04898091 d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 04898091 d:CurrentFinancialInstruments 2023-09-30 04898091 d:CurrentFinancialInstruments 2022-09-30 04898091 d:Non-currentFinancialInstruments 2023-09-30 04898091 d:Non-currentFinancialInstruments 2022-09-30 04898091 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 04898091 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 04898091 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 04898091 d:Non-currentFinancialInstruments d:AfterOneYear 2022-09-30 04898091 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-09-30 04898091 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-09-30 04898091 d:ShareCapital 2023-09-30 04898091 d:ShareCapital 2022-09-30 04898091 d:RetainedEarningsAccumulatedLosses 2023-09-30 04898091 d:RetainedEarningsAccumulatedLosses 2022-09-30 04898091 c:FRS102 2022-10-01 2023-09-30 04898091 c:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 04898091 c:FullAccounts 2022-10-01 2023-09-30 04898091 c:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 04898091 2 2022-10-01 2023-09-30 04898091 e:PoundSterling 2022-10-01 2023-09-30 iso4217:GBP xbrli:pure

Registered number: 04898091









A D CONSTRUCTION UK LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2023

 
A D CONSTRUCTION UK LTD
REGISTERED NUMBER: 04898091

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2023

As restated
2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
729
-

  
729
-

Current assets
  

Debtors: amounts falling due within one year
 5 
373,895
362,102

Current asset investments
 6 
265,000
265,000

Cash at bank and in hand
 7 
403,918
225,605

  
1,042,813
852,707

Creditors: amounts falling due within one year
 8 
(88,443)
(27,656)

Net current assets
  
 
 
954,370
 
 
825,051

Total assets less current liabilities
  
955,099
825,051

Creditors: amounts falling due after more than one year
 9 
(26,941)
(37,589)

  

Net assets
  
928,158
787,462


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
928,058
787,362

  
928,158
787,462


Page 1

 
A D CONSTRUCTION UK LTD
REGISTERED NUMBER: 04898091
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 February 2025.




Arben Dervisholli
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
A D CONSTRUCTION UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1.


General information

A D Construction UK Ltd is a private company limited by shares and incorporated in England & Wales (registered number: 04898091). The registered office address of the Company is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.
The financial statements are presented in Pound Sterling, which is the functional currency of the Company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

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 contract;
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.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
A D CONSTRUCTION UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
30%
Motor vehicles
-
20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 4

 
A D CONSTRUCTION UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.12

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2022 - 4).

Page 5

 
A D CONSTRUCTION UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Total

£
£
£



Cost or valuation


At 1 October 2022
938
55,806
56,744


Additions
972
-
972



At 30 September 2023

1,910
55,806
57,716



Depreciation


At 1 October 2022
938
55,806
56,744


Charge for the year on owned assets
243
-
243



At 30 September 2023

1,181
55,806
56,987



Net book value



At 30 September 2023
729
-
729



At 30 September 2022
-
-
-


5.


Debtors

As restated
2023
2022
£
£


Amounts owed by group undertakings
362,102
362,102

Other debtors
11,793
-

373,895
362,102



6.


Current asset investments

2023
2022
£
£

Unlisted investments
265,000
265,000

265,000
265,000


Page 6

 
A D CONSTRUCTION UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

7.


Cash and cash equivalents

As restated
2023
2022
£
£

Cash at bank and in hand
403,918
225,605

403,918
225,605



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
66,017
25,970

Other taxation and social security
-
1,686

Other creditors
526
-

Accruals and deferred income
21,900
-

88,443
27,656



9.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
26,941
37,589

26,941
37,589


Page 7

 
A D CONSTRUCTION UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

10.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£


Amounts falling due 1-2 years

Bank loans
26,941
37,589


26,941
37,589



26,941
37,589



11.


Prior period adjustment

During the preparation of the financial statements for the year ended 30 September 2023, it was identified that the Company's debtors and cash at bank balances were understated and overstated respectively in the prior period. This error has been corrected retrospectively in accordance with FRS 102 Section 1A.
The impact of this adjustment on the prior period financial statements is as follows:
The Debtors balance as at 30 September 2022 has been restated to £362,102 (previously reported as £nil).
The Cash at bank balance as at 30 September 2022 has been restated to £225,605 (previously reported as £624,534).

 
Page 8