Company Registration No. 08629038 (England and Wales)
ADWALS COMPANY LIMITED
Unaudited accounts
for the year ended 31 August 2024
ADWALS COMPANY LIMITED
Unaudited accounts
Contents
ADWALS COMPANY LIMITED
Company Information
for the year ended 31 August 2024
Company Number
08629038 (England and Wales)
Registered Office
168 HAMPSTEAD ROAD
BENWELL
NEWCASTLE UPON TYNE
TYNE & WEAR
NE4 8AB
Accountants
Miah & Co Chartered Certified Accountants
Beda House
Clough Dene
Stanley
Co Durham
DH9 9PN
ADWALS COMPANY LIMITED
Statement of financial position
as at 31 August 2024
Cash at bank and in hand
3,097
2,032
Creditors: amounts falling due within one year
(664)
(703)
Net current assets
29,242
29,728
Total assets less current liabilities
29,908
30,561
Creditors: amounts falling due after more than one year
(21,376)
(22,776)
Called up share capital
2
2
Profit and loss account
8,530
7,783
Shareholders' funds
8,532
7,785
For the year ending 31 August 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 22 May 2025 and were signed on its behalf by
ADEWALE SODIPO
Director
Company Registration No. 08629038
ADWALS COMPANY LIMITED
Notes to the Accounts
for the year ended 31 August 2024
ADWALS COMPANY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08629038. The registered office is 168 HAMPSTEAD ROAD, BENWELL, NEWCASTLE UPON TYNE, TYNE & WEAR, NE4 8AB.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
ADWALS COMPANY LIMITED
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due after more than one year
Other debtors
26,809
28,399
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
214
303
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).