Adams & Ing Limited 13811831 false 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is a property holding company. Digita Accounts Production Advanced 6.30.9574.0 true 13811831 2024-01-01 2024-12-31 13811831 2024-12-31 13811831 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 13811831 core:Non-currentFinancialInstruments core:AfterOneYear 2024-12-31 13811831 core:LandBuildings 2024-12-31 13811831 core:OtherPropertyPlantEquipment 2024-12-31 13811831 bus:Micro-entities 2024-01-01 2024-12-31 13811831 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 13811831 bus:FilletedAccounts 2024-01-01 2024-12-31 13811831 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13811831 bus:RegisteredOffice 2024-01-01 2024-12-31 13811831 bus:Director1 2024-01-01 2024-12-31 13811831 bus:Director2 2024-01-01 2024-12-31 13811831 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13811831 core:LandBuildings 2024-01-01 2024-12-31 13811831 core:OtherPropertyPlantEquipment 2024-01-01 2024-12-31 13811831 countries:EnglandWales 2024-01-01 2024-12-31 13811831 2023-12-31 13811831 core:LandBuildings 2023-12-31 13811831 core:OtherPropertyPlantEquipment 2023-12-31 13811831 2023-01-01 2023-12-31 13811831 2023-12-31 13811831 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 13811831 core:Non-currentFinancialInstruments core:AfterOneYear 2023-12-31 13811831 core:LandBuildings 2023-12-31 13811831 core:OtherPropertyPlantEquipment 2023-12-31 iso4217:GBP xbrli:pure

Registration number: 13811831

Prepared for the registrar
 

Adams & Ing Limited

Unaudited Financial Statements

for the Year Ended 31 December 2024

 

Adams & Ing Limited

Contents

Company Information

1

Balance Sheet

2 to 3

 

Adams & Ing Limited

Company Information

Directors

Mrs Philippa Adams

Mr Saul Ing

Registered office

Unit 2, 5 & 6 The Crystal Centre
Platts Road
Stourbridge
West Midlands
DY8 4YR

Accountants

Hazlewoods LLP
Staverton Court
Staverton
Cheltenham
GL51 0UX

 

Adams & Ing Limited

(Registration number: 13811831)
Balance Sheet as at 31 December 2024

2024
£

2023
£

Fixed assets

1,292,752

1,315,251

Current assets

27,842

23,299

Prepayments and accrued income

-

7,271

Creditors: Amounts falling due within one year

(391,132)

(278,015)

Net current liabilities

(363,290)

(247,445)

Total assets less current liabilities

929,462

1,067,806

Creditors: Amounts falling due after more than one year

(1,173,437)

(1,236,870)

Accruals and deferred income

(1,465)

(1,650)

 

(245,440)

(170,714)

Capital and reserves

(245,440)

(170,714)

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 2, 5 & 6 The Crystal Centre
Platts Road
Stourbridge
West Midlands
DY8 4YR

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.

Staff numbers

The average number of persons employed by the company (including directors) during the year, was as follows:

 

Adams & Ing Limited

(Registration number: 13811831)
Balance Sheet as at 31 December 2024

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Approved and authorised by the Board on 28 April 2025 and signed on its behalf by:
 

.........................................
Mrs Philippa Adams
Director

.........................................
Mr Saul Ing
Director

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

 

Adams & Ing Limited

Detailed Balance Sheet for the Year Ended 31 December 2024

 

Fixed assets

Investment properties
 £

Land and buildings
£

Total
£

Cost

At 1 January 2024

874,615

-

874,615

Additions

-

450,011

450,011

At 31 December 2024

874,615

450,011

1,324,626

Depreciation

At 1 January 2024

-

9,375

9,375

Charge for the year

-

22,499

22,499

At 31 December 2024

-

31,874

31,874

Carrying amount

At 31 December 2024

874,615

418,137

1,292,752

At 31 December 2023

874,615

440,636

1,315,251

 

Current assets

2024
 £

2023
 £

Cash and short-term deposits

27,842

23,299

 

27,842

23,299

 

Prepayments and accrued income

2024
 £

2023
 £

Prepayments

-

7,271

 

Creditors: Amounts falling due within one year

2024
 £

2023
 £

Amounts due to related parties

297,612

214,446

Social security and other taxes

3,628

8,611

Other payables

32,893

32,893

Bank borrowings

56,999

22,065

391,132

278,015

 

Creditors: Amounts falling due after one year

2024
 £

2023
 £

Loans and borrowings

1,173,437

1,236,870

 

Accruals and deferred income

2024
 £

2023
 £

Accrued expenses

1,465

1,650