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REGISTERED NUMBER: 05258532 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

ADVENTURE 001 LIMITED

ADVENTURE 001 LIMITED (REGISTERED NUMBER: 05258532)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ADVENTURE 001 LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Mr N McLaren





REGISTERED OFFICE: Hillmotts Farm Cottage
Hedgerley Lane
Beaconsfield
Bucks
HP9 2SB





REGISTERED NUMBER: 05258532 (England and Wales)





ACCOUNTANTS: Richardson Jones
Chartered Accountants
Mercury House
19-21 Chapel Street
Marlow
Buckinghamshire
SL7 3HN

ADVENTURE 001 LIMITED (REGISTERED NUMBER: 05258532)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,700,935 2,128,207
Investments 5 100,000 100,000
1,800,935 2,228,207

CURRENT ASSETS
Debtors 6 272,431 595,752
Cash at bank and in hand 1,516,327 702,815
1,788,758 1,298,567
CREDITORS
Amounts falling due within one year 7 1,829,755 1,663,414
NET CURRENT LIABILITIES (40,997 ) (364,847 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,759,938

1,863,360

CREDITORS
Amounts falling due after more than one
year

8

(302,249

)

(436,487

)

PROVISIONS FOR LIABILITIES (397,837 ) (390,086 )
NET ASSETS 1,059,852 1,036,787

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 1,058,852 1,035,787
SHAREHOLDERS' FUNDS 1,059,852 1,036,787

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

ADVENTURE 001 LIMITED (REGISTERED NUMBER: 05258532)

BALANCE SHEET - continued
31 MARCH 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 March 2025 and were signed by:





Mr N McLaren - Director


ADVENTURE 001 LIMITED (REGISTERED NUMBER: 05258532)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Adventure 001 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost, 25% on reducing balance and 20% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 14 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 3,585,353
Additions 1,055
At 31 March 2024 3,586,408
DEPRECIATION
At 1 April 2023 1,457,146
Charge for year 428,327
At 31 March 2024 1,885,473
NET BOOK VALUE
At 31 March 2024 1,700,935
At 31 March 2023 2,128,207

ADVENTURE 001 LIMITED (REGISTERED NUMBER: 05258532)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023
and 31 March 2024 100,000
NET BOOK VALUE
At 31 March 2024 100,000
At 31 March 2023 100,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 17,754 62,887
Amounts owed by group undertakings - 389,641
Other debtors 254,677 143,224
272,431 595,752

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts - 56,885
Hire purchase contracts - 5,402
Trade creditors 193,193 295,037
Amounts owed to group undertakings 144,730 -
Taxation and social security 527,455 327,877
Other creditors 964,377 978,213
1,829,755 1,663,414

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans - 129,906
Other creditors 302,249 306,581
302,249 436,487

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
Mr N McLaren
Balance outstanding at start of year 122,477 (208 )
Amounts advanced 244,822 122,685
Amounts repaid (122,477 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 244,822 122,477

The directors loan was repaid in full with in nine months of the companies balance sheet date.

ADVENTURE 001 LIMITED (REGISTERED NUMBER: 05258532)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

10. ULTIMATE CONTROLLING PARTY

Control of the company rests with Mr N Mclaren, a director, by virtue of his interest in 100% of the issued ordinary share capital.