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Company Registration No. 13408812 (England and Wales)
AADHIULAKAM LIMITED Unaudited accounts for the year ended 31 May 2024
AADHIULAKAM LIMITED Unaudited accounts Contents
Page
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AADHIULAKAM LIMITED Company Information for the year ended 31 May 2024
Director
VASANTHARAJAH, Prasath
Company Number
13408812 (England and Wales)
Registered Office
08 Thurlow Street Bedford MK40 1LR UK
Accountants
Tally Tally Accountants 79 College Road Harrow HA1 1BD
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AADHIULAKAM LIMITED Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
21,875 
- 
Tangible assets
10,927 
5,830 
32,802 
5,830 
Current assets
Inventories
5,800 
- 
Debtors
2,970 
5,098 
Cash at bank and in hand
9,185 
4,415 
17,955 
9,513 
Creditors: amounts falling due within one year
(60,886)
(51,697)
Net current liabilities
(42,931)
(42,184)
Total assets less current liabilities
(10,129)
(36,354)
Creditors: amounts falling due after more than one year
(23,333)
- 
Net liabilities
(33,462)
(36,354)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(33,562)
(36,454)
Shareholders' funds
(33,462)
(36,354)
For the year ending 31 May 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 27 February 2025 and were signed on its behalf by
VASANTHARAJAH, Prasath Director Company Registration No. 13408812
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AADHIULAKAM LIMITED Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
AADHIULAKAM LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13408812. The registered office is 08 Thurlow Street, Bedford, MK40 1LR, UK.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The financial statements have been prepared on a going concern basis, which is dependent upon the company's directors continuing to provide the necessary financial facilities, to enable the company to continue in operation for the foreseeable future.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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:
Fixtures & fittings
25% Straight-line
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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AADHIULAKAM LIMITED Notes to the Accounts for the year ended 31 May 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 June 2023
- 
Additions
25,000 
At 31 May 2024
25,000 
Amortisation
At 1 June 2023
- 
Charge for the year
3,125 
At 31 May 2024
3,125 
Net book value
At 31 May 2024
21,875 
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 June 2023
7,773 
Additions
9,387 
At 31 May 2024
17,160 
Depreciation
At 1 June 2023
1,943 
Charge for the year
4,290 
At 31 May 2024
6,233 
Net book value
At 31 May 2024
10,927 
At 31 May 2023
5,830 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
994 
4,192 
Trade debtors
1,362 
- 
Accrued income and prepayments
614 
906 
2,970 
5,098 
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AADHIULAKAM LIMITED Notes to the Accounts for the year ended 31 May 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
3,673 
2,373 
Taxes and social security
731 
- 
Other creditors
15,074 
19,809 
Loans from directors
41,134 
29,453 
Accruals
274 
62 
60,886 
51,697 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
23,333 
- 
9
Transactions with related parties
As at the year end date, director Prasath has a credit balance of £41,134 (2023: ££29,453) on his director's current account. This is an interest free loan to the company and is included in other creditors due within one year.
10
Average number of employees
During the year the average number of employees was 3 (2023: 2).
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