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REGISTERED NUMBER: 05633919















Unaudited Financial Statements for the Year Ended 31 October 2024

for

ADAMSKI CONSTRUCTION LIMITED

ADAMSKI CONSTRUCTION LIMITED (Registered number: 05633919)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ADAMSKI CONSTRUCTION LIMITED

Company Information
for the Year Ended 31 October 2024







DIRECTOR: Adam KUROWSKI





REGISTERED OFFICE: 192 Acre Road
Kingston Upon Thames
Surrey
KT2 6EU





REGISTERED NUMBER: 05633919





ACCOUNTANTS: A TO Z ACCOUNTANTS LTD
14 ARCHER ROAD
ORPINGTON
BR5 2BS

ADAMSKI CONSTRUCTION LIMITED (Registered number: 05633919)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 110,330 70,591

CURRENT ASSETS
Stocks 5 75,000 85,200
Debtors 6 59,834 49,576
Cash at bank - 13,921
134,834 148,697
CREDITORS
Amounts falling due within one year 7 179,601 189,950
NET CURRENT LIABILITIES (44,767 ) (41,253 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

65,563

29,338

CREDITORS
Amounts falling due after more than one year 8 (59,893 ) (69,770 )

PROVISIONS FOR LIABILITIES (5,613 ) (4,194 )
NET ASSETS/(LIABILITIES) 57 (44,626 )

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 (43 ) (44,726 )
SHAREHOLDERS' FUNDS 57 (44,626 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

ADAMSKI CONSTRUCTION LIMITED (Registered number: 05633919)

Balance Sheet - continued
31 October 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 11 July 2025 and were signed by:





Adam KUROWSKI - Director


ADAMSKI CONSTRUCTION LIMITED (Registered number: 05633919)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

ADAMSKI CONSTRUCTION LIMITED is a private company, limited by shares , registered in Not specified/Other. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 balance sheet date.

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.

ADAMSKI CONSTRUCTION LIMITED (Registered number: 05633919)

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

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 November 2023 113,983 78,024 9,680 201,687
Additions 58,319 4,064 - 62,383
At 31 October 2024 172,302 82,088 9,680 264,070
DEPRECIATION
At 1 November 2023 69,298 54,500 7,298 131,096
Charge for year 15,451 6,898 295 22,644
At 31 October 2024 84,749 61,398 7,593 153,740
NET BOOK VALUE
At 31 October 2024 87,553 20,690 2,087 110,330
At 31 October 2023 44,685 23,524 2,382 70,591

ADAMSKI CONSTRUCTION LIMITED (Registered number: 05633919)

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

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 November 2023
and 31 October 2024 57,171
DEPRECIATION
At 1 November 2023 27,439
Charge for year 4,401
At 31 October 2024 31,840
NET BOOK VALUE
At 31 October 2024 25,331
At 31 October 2023 29,732

5. STOCKS
31.10.24 31.10.23
£    £   
Work-in-progress 75,000 85,200

6. DEBTORS
31.10.24 31.10.23
£    £   
Amounts falling due within one year:
Trade debtors 25,070 15,331
Other debtors 9,008 6,707
Tax 8,708 8,708
Prepayments 12,048 13,830
54,834 44,576

Amounts falling due after more than one year:
Security deposit 5,000 5,000

Aggregate amounts 59,834 49,576

ADAMSKI CONSTRUCTION LIMITED (Registered number: 05633919)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts (see note 9) 24,992 16,797
Hire purchase contracts 8,466 7,853
Trade creditors 7,333 13,436
Tax 14,351 10,837
Social security and other taxes 29,550 27,185
VAT 22,926 31,126
Credit card Loan 63,421 56,876
Wages 1,664 14,317
Accrued expenses 6,898 11,523
179,601 189,950

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.24 31.10.23
£    £   
Bank loans (see note 9) 57,957 59,369
Hire purchase contracts 1,936 10,401
59,893 69,770

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 9,456

9. LOANS

An analysis of the maturity of loans is given below:

31.10.24 31.10.23
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 8,238 -
Bank loans 16,754 16,797
24,992 16,797

Amounts falling due between one and two years:
Bank loans - 1-2 years 36,389 33,463

Amounts falling due between two and five years:
Bank loans - 2-5 years 21,568 16,450

Amounts falling due in more than five years:

ADAMSKI CONSTRUCTION LIMITED (Registered number: 05633919)

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

9. LOANS - continued
31.10.24 31.10.23
£    £   
Amounts falling due in more than five years:
Repayable by instalments
Bank loans more 5 yr by instal - 9,456

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.24 31.10.23
value: £    £   
100 Ordinary £1 100 100

11. RESERVES
Retained
earnings
£   

At 1 November 2023 (44,726 )
Profit for the year 86,183
Dividends (41,500 )
At 31 October 2024 (43 )