IRIS Accounts Production v25.1.3.33 12844889 director 1.1.24 31.12.24 31.12.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh128448892023-12-31128448892024-12-31128448892024-01-012024-12-31128448892022-12-31128448892023-01-012023-12-31128448892023-12-3112844889ns15:EnglandWales2024-01-012024-12-3112844889ns14:PoundSterling2024-01-012024-12-3112844889ns10:Director12024-01-012024-12-3112844889ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3112844889ns10:SmallEntities2024-01-012024-12-3112844889ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3112844889ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3112844889ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3112844889ns10:FullAccounts2024-01-012024-12-3112844889ns10:RegisteredOffice2024-01-012024-12-3112844889ns5:CurrentFinancialInstruments2024-12-3112844889ns5:CurrentFinancialInstruments2023-12-3112844889ns5:Non-currentFinancialInstruments2024-12-3112844889ns5:Non-currentFinancialInstruments2023-12-3112844889ns5:ShareCapital2024-12-3112844889ns5:ShareCapital2023-12-3112844889ns5:RevaluationReserve2024-12-3112844889ns5:RevaluationReserve2023-12-3112844889ns5:RetainedEarningsAccumulatedLosses2024-12-3112844889ns5:RetainedEarningsAccumulatedLosses2023-12-3112844889ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3112844889ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-31
REGISTERED NUMBER: 12844889 (England and Wales)
















Adversis Limited

Unaudited Financial Statements

for the Year Ended 31st December 2024






Adversis Limited (Registered number: 12844889)






Contents of the Financial Statements
for the Year Ended 31st December 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Adversis Limited

Company Information
for the Year Ended 31st December 2024







Director: Mr. P R Houldsworth





Registered office: 15 Maxim Road
London
N21 1EY





Registered number: 12844889 (England and Wales)





Accountants: Wilson Stevens
Accountants
4th Floor
100 Fenchurch Street
London
EC3M 5JD

Adversis Limited (Registered number: 12844889)

Statement of Financial Position
31st December 2024

2024 2023
Notes £    £    £   
Fixed assets
Investment property 4 310,000 296,273

Current assets
Debtors 5 100 100
Cash at bank 31,957 28,849
32,057 28,949
Creditors
Amounts falling due within one year 6 1,500 1,500
Net current assets 30,557 27,449
Total assets less current liabilities 340,557 323,722

Creditors
Amounts falling due after more than one
year

7

345,996

345,996
Net liabilities (5,439 ) (22,274 )

Capital and reserves
Called up share capital 100 100
Revaluation reserve 11,230 -
Retained earnings (16,769 ) (22,374 )
(5,439 ) (22,274 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Adversis Limited (Registered number: 12844889)

Statement of Financial Position - continued
31st December 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26th June 2025 and were signed by:





Mr. P R Houldsworth - Director


Adversis Limited (Registered number: 12844889)

Notes to the Financial Statements
for the Year Ended 31st December 2024

1. Statutory information

Adversis 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

Adversis Limited (Registered number: 12844889)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2024

4. Investment property
Total
£   
Fair value
At 1st January 2024 296,273
Additions 2,497
Revaluations 11,230
At 31st December 2024 310,000
Net book value
At 31st December 2024 310,000
At 31st December 2023 296,273

Fair value at 31st December 2024 is represented by:
£   
Valuation in 2024 11,230
Cost 298,770
310,000

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 298,770 296,273

The investment property was valued on an open market basis on 31st December 2024 by the director .

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Other debtors 100 100

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Other creditors 1,500 1,500

7. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans 193,850 193,850
Other creditors 152,146 152,146
345,996 345,996