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Company Registration No. 05536354 (England and Wales)
J. E. Adams Limited Unaudited accounts for the year ended 5 April 2025
J. E. Adams Limited Unaudited accounts Contents
Page
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J. E. Adams Limited Company Information for the year ended 5 April 2025
Director
Jane Adams
Company Number
05536354 (England and Wales)
Registered Office
41 Fore Street St Just Cornwall TR19 7LJ England
Accountants
Darroch Accountancy Ltd 9 Old Foundry Close St Just Cornwall TR19 7QS
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J. E. Adams Limited Statement of financial position as at 5 April 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,673 
752 
Current assets
Inventories
3,900 
5,390 
Cash at bank and in hand
2 
2 
3,902 
5,392 
Creditors: amounts falling due within one year
(62,525)
(61,051)
Net current liabilities
(58,623)
(55,659)
Total assets less current liabilities
(56,950)
(54,907)
Creditors: amounts falling due after more than one year
(1,719)
(3,512)
Provisions for liabilities
Deferred tax
(318)
- 
Net liabilities
(58,987)
(58,419)
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
(58,997)
(58,429)
Shareholders' funds
(58,987)
(58,419)
For the year ending 5 April 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 director acknowledges her 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 11 June 2025 and were signed on its behalf by
Jane Adams Director Company Registration No. 05536354
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J. E. Adams Limited Notes to the Accounts for the year ended 5 April 2025
1
Statutory information
J. E. Adams Limited is a private company, limited by shares, registered in England and Wales, registration number 05536354. The registered office is 41 Fore Street, St Just, Cornwall, TR19 7LJ, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% reducing balance
Computer equipment
33% reducing balance
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 6 April 2024
3,613 
553 
4,166 
Additions
600 
818 
1,418 
At 5 April 2025
4,213 
1,371 
5,584 
Depreciation
At 6 April 2024
2,985 
429 
3,414 
Charge for the year
185 
312 
497 
At 5 April 2025
3,170 
741 
3,911 
Net book value
At 5 April 2025
1,043 
630 
1,673 
At 5 April 2024
628 
124 
752 
5
Inventories
2025 
2024 
£ 
£ 
Finished goods
3,900 
5,390 
3,900 
5,390 
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J. E. Adams Limited Notes to the Accounts for the year ended 5 April 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
3,646 
2,806 
Other creditors
4,245 
4,179 
Loans from directors
54,234 
53,666 
Accruals
400 
400 
62,525 
61,051 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
1,719 
3,512 
8
Deferred taxation
2025 
2024 
£ 
£ 
Accelerated capital allowances
318 
- 
2025 
2024 
£ 
£ 
Charged to the profit and loss account
318 
- 
Provision at end of year
318 
- 
9
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10 
10 
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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