ADAPT INC. LIMITED

Company Registration Number:
13429971 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

ADAPT INC. LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

ADAPT INC. LIMITED

Company Information

for the Period Ended 31 May 2024




Director: ALEKS VLADIMIROV
Registered office: 48
Sidford Road
Bristol
GBR
BS3 5DN
Company Registration Number: 13429971 (England and Wales)

ADAPT INC. LIMITED

Balance sheet

As at 31 May 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 2,397 3,196
Total fixed assets: 2,397 3,196
Current assets
Cash at bank and in hand: 27,061 2,015
Total current assets: 27,061 2,015
Creditors: amounts falling due within one year: 5 ( 27,733 ) ( 3,652 )
Net current assets (liabilities): ( 672 ) ( 1,637 )
Total assets less current liabilities: 1,725 1,559
Total net assets (liabilities): 1,725 1,559

The notes form part of these financial statements

ADAPT INC. LIMITED

Balance sheet continued

As at 31 May 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,625 1,459
Shareholders funds: 1,725 1,559

For the year ending 31 May 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 26 February 2025
And Signed On Behalf Of The Board By:

Name: ALEKS VLADIMIROV
Status: Director

The notes form part of these financial statements

ADAPT INC. LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover
    The company's turnover represents the value, excluding value added tax, of goods and services supplied to customers during the period. Some of the company's turnover was derived from supplying geographical
    markets outside the United Kingdom.

    Tangible fixed assets depreciation policy

    Tangible fixed assets
    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


    Office equipment 25% Straight line
    Fixtures and Fittings 25% Reducing balance
    Plant & Equipment 25% Reducing balance

ADAPT INC. LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

ADAPT INC. LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 3. Off balance sheet disclosure

    No

ADAPT INC. LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Tangible assets

Fixtures & fittings Office equipment Total
Cost £ £ £
At 01 June 2023 693 2,503 3,196
Additions - - -
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 May 2024 693 2,503 3,196
Depreciation
At 01 June 2023 - - -
Charge for year 173 626 799
On disposals - - -
Other adjustments - - -
At 31 May 2024 173 626 799
Net book value
At 31 May 2024 520 1,877 2,397
At 31 May 2023 693 2,503 3,196

ADAPT INC. LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 242 365
Other creditors 27,491 3,287
Total 27,733 3,652