Acorah Software Products - Accounts Production 16.3.350 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 06411701 Mr A T Booth Mr J M Withall Mr J M Withall iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06411701 2024-03-31 06411701 2025-03-31 06411701 2024-04-01 2025-03-31 06411701 frs-core:CurrentFinancialInstruments 2025-03-31 06411701 frs-core:Non-currentFinancialInstruments 2025-03-31 06411701 frs-core:ShareCapital 2025-03-31 06411701 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 06411701 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06411701 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 06411701 frs-bus:SmallEntities 2024-04-01 2025-03-31 06411701 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 06411701 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 06411701 frs-bus:Director1 2024-04-01 2025-03-31 06411701 frs-bus:Director2 2024-04-01 2025-03-31 06411701 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 06411701 frs-countries:EnglandWales 2024-04-01 2025-03-31 06411701 2023-03-31 06411701 2024-03-31 06411701 2023-04-01 2024-03-31 06411701 frs-core:CurrentFinancialInstruments 2024-03-31 06411701 frs-core:Non-currentFinancialInstruments 2024-03-31 06411701 frs-core:ShareCapital 2024-03-31 06411701 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 06411701
Adamant Developments Ltd
Financial Statements
For The Year Ended 31 March 2025
Oakensen (Bristol) Limited
Chartered Accountants
Westbury Court Church Road
Westbury-on-Trym
Bristol
BS9 3EF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06411701
2025 2024
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 426,655 426,655
Debtors 5 1,332,052 1,285,513
Cash at bank and in hand 30,761 14,514
1,789,468 1,726,682
Creditors: Amounts Falling Due Within One Year 6 (1,931,769 ) (1,828,446 )
NET CURRENT ASSETS (LIABILITIES) (142,301 ) (101,764 )
TOTAL ASSETS LESS CURRENT LIABILITIES (142,301 ) (101,764 )
Creditors: Amounts Falling Due After More Than One Year 7 (143,172 ) (139,775 )
NET LIABILITIES (285,473 ) (241,539 )
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account (286,473 ) (242,539 )
SHAREHOLDERS' FUNDS (285,473) (241,539)
Page 1
Page 2
For the year ending 31 March 2025 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr A T Booth
Director
5 June 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Adamant Developments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06411701 . The registered office is 34 High Street, Westbury-On-Trym, Bristol, BS9 3DZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The accounts have been prepared on a going concern basis as the directors consider the company to be a going concern due to the ongoing suport of other companies that they control.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Stocks
2025 2024
£ £
Stock 426,655 426,655
Page 3
Page 4
5. Debtors
2025 2024
£ £
Due within one year
VAT - 339
Amounts owed by related parties 1,332,052 1,285,174
1,332,052 1,285,513
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 30 126
Bank loans and overdrafts 4,392 6,000
Accruals and deferred income 2,000 1,815
Amounts owed to related parties 1,925,347 1,820,505
1,931,769 1,828,446
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 143,172 139,775
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
9. Related Party Transactions
At the year end there were debtor balances totalling £1,332,052 (2024: £1,285,174) relating to loans to companies under common control.
At the year end there were creditor balances totalling £1,925,347 (2024: £1,820,505) relating to loans from companies under common control.:
The loans are interest free and repayable on demand.
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