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REGISTERED NUMBER: 12682775 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Adeptus Capital Ltd

Adeptus Capital Ltd (Registered number: 12682775)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Adeptus Capital Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTOR: R E C Wilson





REGISTERED OFFICE: 207 Leicester Road
Ibstock
Leicestershire
DE67 6HP





REGISTERED NUMBER: 12682775 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

Adeptus Capital Ltd (Registered number: 12682775)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 32,782 -
Investments 5 967,535 1,135,634
Investment property 6 1,734,217 1,643,529
2,734,534 2,779,163

CURRENT ASSETS
Debtors 7 713,268 365,673
Cash at bank 586,334 1,189,248
1,299,602 1,554,921
CREDITORS
Amounts falling due within one year 8 3,919,358 4,254,211
NET CURRENT LIABILITIES (2,619,756 ) (2,699,290 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

114,778

79,873

PROVISIONS FOR LIABILITIES 46,000 46,000
NET ASSETS 68,778 33,873

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 67,778 32,873
68,778 33,873

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

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

Adeptus Capital Ltd (Registered number: 12682775)

Balance Sheet - continued
31 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 June 2025 and were signed by:





R E C Wilson - Director


Adeptus Capital Ltd (Registered number: 12682775)

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

1. STATUTORY INFORMATION

Adeptus Capital Ltd 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.

Preparation of consolidated financial statements
The financial statements contain information about Adeptus Capital Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover represents sales of services and rental income. Turnover is recognised in the period in which the services are provided and the period to which the rent relates.

Tangible fixed assets
Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment loss. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

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

Fixtures and fittings- 10% on cost


Investment property
Investment property is not depreciated but is revalued annually at its fair value. Any aggregate surplus or deficit arising from changes in fair value are taken to the profit and loss account and transferred to a fair value reserve.

Deferred tax
Provision is made at current rates for taxation deferred in respect of all material timing differences, including provisions made for potential tax arising on assets which have been revalued.

Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.

3. EMPLOYEES AND DIRECTORS

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

Adeptus Capital Ltd (Registered number: 12682775)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
Additions 36,425
At 31 December 2024 36,425
DEPRECIATION
Charge for year 3,643
At 31 December 2024 3,643
NET BOOK VALUE
At 31 December 2024 32,782

5. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST
At 1 January 2024 835,634 300,000 1,135,634
Additions - 250,068 250,068
Disposals (118,167 ) (300,000 ) (418,167 )
At 31 December 2024 717,467 250,068 967,535
NET BOOK VALUE
At 31 December 2024 717,467 250,068 967,535
At 31 December 2023 835,634 300,000 1,135,634

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024 1,643,529
Additions 90,688
At 31 December 2024 1,734,217
NET BOOK VALUE
At 31 December 2024 1,734,217
At 31 December 2023 1,643,529

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2024 1,734,217

Adeptus Capital Ltd (Registered number: 12682775)

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

6. INVESTMENT PROPERTY - continued

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

2024 2023
£    £   
Cost 1,734,217 1,643,529
Aggregate depreciation (67,555 ) (32,871 )

Investment property was valued on a fair value basis on 31 December 2024 by the directors .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 46,446 9,984
Amounts owed by group undertakings 269,265 269,365
Amounts owed by related companies 349,960 -
Other debtors 47,597 70,534
Prepayments - 15,790
713,268 365,673

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 3,359 886
Amounts owed to group undertakings - 105,324
Tax 4,814 13,574
Social security and other taxes 6,176 1,693
Other creditors 35,146 14,694
Directors' loan accounts 3,850,028 4,100,000
Accrued expenses 19,835 18,040
3,919,358 4,254,211