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REGISTERED NUMBER: 04198280 (England and Wales)












ADRIANA LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024






ADRIANA LIMITED (REGISTERED NUMBER: 04198280)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7

Chartered Certified Accountants' Report 8

ADRIANA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: Mr S Mchattie
Mr P Le Riche





REGISTERED OFFICE: The Priory Nursing Home
Llandogo
Monmouth
Gwent
NP25 4TP





REGISTERED NUMBER: 04198280 (England and Wales)





ACCOUNTANTS: Lockett & Co
Chartered Certified Accountants
Shelton House
Coningsby Street
Hereford
Herefordshire
HR1 2DY

ADRIANA LIMITED (REGISTERED NUMBER: 04198280)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,129,275 2,150,520

CURRENT ASSETS
Stocks 4,240 4,240
Debtors 5 287,367 333,285
Cash at bank and in hand 233,150 266,882
524,757 604,407
CREDITORS
Amounts falling due within one year 6 232,019 328,084
NET CURRENT ASSETS 292,738 276,323
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,422,013

2,426,843

CREDITORS
Amounts falling due after more than one
year

7

(816,142

)

(875,676

)

PROVISIONS FOR LIABILITIES (60,910 ) (62,454 )
NET ASSETS 1,544,961 1,488,713

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 707,273 707,273
Retained earnings 837,588 781,340
SHAREHOLDERS' FUNDS 1,544,961 1,488,713

ADRIANA LIMITED (REGISTERED NUMBER: 04198280)

BALANCE SHEET - continued
30 SEPTEMBER 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 March 2025 and were signed on its behalf by:





Mr S Mchattie - Director


ADRIANA LIMITED (REGISTERED NUMBER: 04198280)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Adriana 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.

Turnover represents the fair value of nursing and care services provided to residents to the extent that there is a right to consideration. It is measured at the fair value of the consideration due.

Tangible fixed assets
Tangible fixed assets are stated at cost or deemed cost less accumulated depreciation and accumulated impairment losses.

Depreciation is provided at the following annual rates in order to write off the cost of each asset less its estimated residual value over its estimated useful life.

Freehold property2% straight line basis
Plant and equipment10% reducing balance basis
Motor vehicles20% reducing balance basis
Computer equipment15% reducing balance basis

Stocks
Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell, after making due allowance for obsolete and slow moving items.

Financial instruments
Financial assets and financial liabilities are recognised on the balance sheet when the entity becomes party to the contractual provisions of the financial instrument.

Debtors and Creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.

Bank loans are initially recognised at the transaction price including transaction costs. Subsequent to initial recognition, loans are stated at amortised cost using the effective interest rate method, less impairment.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


ADRIANA LIMITED (REGISTERED NUMBER: 04198280)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 61 (2023 - 60 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 October 2023 2,278,780 667,545 2,946,325
Additions - 18,906 18,906
At 30 September 2024 2,278,780 686,451 2,965,231
DEPRECIATION
At 1 October 2023 252,155 543,650 795,805
Charge for year 15,950 24,201 40,151
At 30 September 2024 268,105 567,851 835,956
NET BOOK VALUE
At 30 September 2024 2,010,675 118,600 2,129,275
At 30 September 2023 2,026,625 123,895 2,150,520

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,004 93,308
Amounts owed by group undertakings 251,731 150,000
Other debtors 32,632 89,977
287,367 333,285

ADRIANA LIMITED (REGISTERED NUMBER: 04198280)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 41,978 38,379
Trade creditors 36,605 69,772
Taxation and social security 103,838 183,377
Other creditors 49,598 36,556
232,019 328,084

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 816,142 875,676

Amounts falling due in more than five years:

Repayable by instalments
Bank loans - over 5 years 610,960 688,083

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 858,120 914,055

The bank borrowing is secured by a legal charge and debenture.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
Mr S Mchattie
Balance outstanding at start of year - 23,654
Amounts advanced - 2,357
Amounts repaid - (26,011 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

These advances and credits were unsecured, repayable on demand with interest paid at the statutory rate. The above amounts represent an aggregate summary of all the amounts advanced to the director.

ADRIANA LIMITED (REGISTERED NUMBER: 04198280)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

10. RELATED PARTY DISCLOSURES

Adriana Holdings Limited
Parent company 96% Holding.

During the year ended 30 September 2024, the following transactions were made between the companies:

2024 2023
££

Dividends to Adriana Holdings Limited80,00069,000

Funds provided to Adriana Holdings Limited181,731-

Balances at year end :
Owed by Adriana Holdings Limited251,731150,000


CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ADRIANA LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Profit and Loss Account and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Adriana Limited for the year ended 30 September 2024 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Adriana Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Adriana Limited and state those matters that we have agreed to state to the Board of Directors of Adriana Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Adriana Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Adriana Limited. You consider that Adriana Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Adriana Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Lockett & Co
Chartered Certified Accountants
Shelton House
Coningsby Street
Hereford
Herefordshire
HR1 2DY


31 March 2025