Company Registration No. 13811105 (England and Wales)
ADELPHI CLUB LTD
Unaudited accounts
for the year ended 31 March 2024
ADELPHI CLUB LTD
Unaudited accounts
Contents
ADELPHI CLUB LTD
Company Information
for the year ended 31 March 2024
Director
David Brian Malcolm Scowcroft
Company Number
13811105 (England and Wales)
Registered Office
Apartment 5 Ford Park House
Ford Park Crescent
Ulverston
England
LA12 7JP
Accountants
Sleek Accounting Ltd
4th Floor
205 Regent Street
London
W1B 4HB
ADELPHI CLUB LTD
Statement of financial position
as at 31 March 2024
Inventories
1,119,325
1,084,240
Cash at bank and in hand
1,022
1,148
Creditors: amounts falling due within one year
(1,450)
(1,400)
Net current assets
1,127,663
1,087,546
Total assets less current liabilities
1,127,663
1,087,546
Creditors: amounts falling due after more than one year
(1,187,803)
(1,146,385)
Net liabilities
(60,140)
(58,839)
Called up share capital
10
10
Profit and loss account
(60,150)
(58,849)
Shareholders' funds
(60,140)
(58,839)
For the year ending 31 March 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 24 March 2025 and were signed on its behalf by
David Brian Malcolm Scowcroft
Director
Company Registration No. 13811105
ADELPHI CLUB LTD
Notes to the Accounts
for the year ended 31 March 2024
ADELPHI CLUB LTD is a private company, limited by shares, registered in England and Wales, registration number 13811105. The registered office is Apartment 5 Ford Park House, Ford Park Crescent, Ulverston, England, LA12 7JP.
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.
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.
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
500
-
6
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
1,187,803
1,146,385
ADELPHI CLUB LTD
Notes to the Accounts
for the year ended 31 March 2024
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
8
Transactions with related parties
Reform Construction Services Limited:
The company is related to Reform Construction Services Limited by virtue of common shareholders of holding company. The amount owed to Reform Construction Services Limited at the balance sheet date was £500 (2023: £0).
Adelphi Club Limited is a partially owned subsidiary of Reform Developments Limited, a company registered in England and Wales.
The registered office of the Holding Company is Apartment 5 Ford Park House, Food Park Crescent, Ulverston, England, LA12 7JP.
10
Post balance sheet events
J Bell, R Frain and R Smith resigned as directors on 31/5/2024, on the same date D Scowcroft was appointed as a director.
11
Average number of employees
During the year the average number of employees was 0 (2023: 0).