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REGISTERED NUMBER: 05150610 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

ADM PRINT LIMITED

ADM PRINT LIMITED (REGISTERED NUMBER: 05150610)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ADM PRINT LIMITED

COMPANY INFORMATION
for the Year Ended 30 June 2024







DIRECTOR: A Johnson





REGISTERED OFFICE: Unit 1
Appleton Street
Wigan
Lancashire
WN3 4BZ





REGISTERED NUMBER: 05150610 (England and Wales)





ACCOUNTANTS: Fairhurst Accountants Ltd
Chartered Accountants
Douglas Bank House
Wigan Lane
Wigan
Lancashire
WN1 2TB

ADM PRINT LIMITED (REGISTERED NUMBER: 05150610)

STATEMENT OF FINANCIAL POSITION
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 94,169 85,322

CURRENT ASSETS
Stocks 2,500 2,500
Debtors 5 24,967 18,225
Cash at bank 15,458 5,615
42,925 26,340
CREDITORS
Amounts falling due within one year 6 30,311 23,395
NET CURRENT ASSETS 12,614 2,945
TOTAL ASSETS LESS CURRENT
LIABILITIES

106,783

88,267

CREDITORS
Amounts falling due after more than one year 7 (3,667 ) (7,667 )

PROVISIONS FOR LIABILITIES (3,659 ) (1,100 )
NET ASSETS 99,457 79,500

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 99,357 79,400
SHAREHOLDERS' FUNDS 99,457 79,500

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

ADM PRINT LIMITED (REGISTERED NUMBER: 05150610)

STATEMENT OF FINANCIAL POSITION - continued
30 June 2024


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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 March 2025 and were signed by:





A Johnson - Director


ADM PRINT LIMITED (REGISTERED NUMBER: 05150610)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

ADM Print 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reports Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.

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 principal accounting policies adopted in the preparation of the financial statements are set out below.
.

Turnover
Turnover represents the invoice value, excluding value added tax, of goods sold to customers in the year.

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the customer, which is usually at the point when the customer receives the goods.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% 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.

Financial instruments
The following assets and liabilities are classified as financial instruments; trade debtors, Directors' loan accounts, trade creditors, accruals and bank loans.

Financial instruments that are payable or receivable within one year, typically trade debtors, Directors' loan accounts, trade creditors and accruals, are measured initially and subsequently at the discounted amount of the cash or other consideration that is expected to be paid or received.

Financial instruments repayable in more than one year such as bank loans are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method unless the effect of discounting would be immaterial.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

ADM PRINT LIMITED (REGISTERED NUMBER: 05150610)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 July 2023 79,535 54,307 133,842
Additions - 11,989 11,989
At 30 June 2024 79,535 66,296 145,831
DEPRECIATION
At 1 July 2023 - 48,520 48,520
Charge for year - 3,142 3,142
At 30 June 2024 - 51,662 51,662
NET BOOK VALUE
At 30 June 2024 79,535 14,634 94,169
At 30 June 2023 79,535 5,787 85,322

Freehold property was valued by the director at fair value on 1 July 2015.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 9,676 2,960
Other debtors 15,291 15,265
24,967 18,225

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 4,000 4,000
Trade creditors 123 1,394
Taxation and social security 12,983 10,842
Other creditors 13,205 7,159
30,311 23,395

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 3,667 7,667

ADM PRINT LIMITED (REGISTERED NUMBER: 05150610)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2024

8. RELATED PARTY DISCLOSURES

Included in Other Debtors is £3,678 ( 2023: £3,678) owed to the company by ADM Leisurewear Limited, a company registered in England and Wales, in which A Johnson is a director and shareholder. The company made sales of £27,260 (2023: £25,352) to ADM Leisurewear in the year.

Included in Other Debtors is £11,404 ( 2023: £11,404) owed to the company by ADM Properties Limited, a company registered in England and Wales, in which A Johnson is a director and shareholder.