Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31true2023-09-01falseOther business support services66trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12786184 2023-09-01 2024-12-31 12786184 2022-09-01 2023-08-31 12786184 2024-12-31 12786184 2023-08-31 12786184 c:Director5 2023-09-01 2024-12-31 12786184 d:OfficeEquipment 2023-09-01 2024-12-31 12786184 d:OfficeEquipment 2024-12-31 12786184 d:OfficeEquipment 2023-08-31 12786184 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-09-01 2024-12-31 12786184 d:CurrentFinancialInstruments 2024-12-31 12786184 d:CurrentFinancialInstruments 2023-08-31 12786184 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 12786184 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 12786184 d:ShareCapital 2024-12-31 12786184 d:ShareCapital 2023-08-31 12786184 d:RetainedEarningsAccumulatedLosses 2024-12-31 12786184 d:RetainedEarningsAccumulatedLosses 2023-08-31 12786184 c:OrdinaryShareClass1 2023-09-01 2024-12-31 12786184 c:OrdinaryShareClass1 2024-12-31 12786184 c:OrdinaryShareClass1 2023-08-31 12786184 c:FRS102 2023-09-01 2024-12-31 12786184 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-12-31 12786184 c:FullAccounts 2023-09-01 2024-12-31 12786184 c:PrivateLimitedCompanyLtd 2023-09-01 2024-12-31 12786184 2 2023-09-01 2024-12-31 12786184 e:PoundSterling 2023-09-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12786184










ADCOM ADVISORY LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2024

 
ADCOM ADVISORY LIMITED
REGISTERED NUMBER: 12786184

BALANCE SHEET
AS AT 31 DECEMBER 2024

31 December
31 August
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,036
3,054

  
2,036
3,054

Current assets
  

Debtors: amounts falling due within one year
 5 
92,640
68,360

Cash at bank and in hand
 6 
85,994
247,462

  
178,634
315,822

Creditors: amounts falling due within one year
 7 
(80,647)
(248,070)

Net current assets
  
 
 
97,987
 
 
67,752

Total assets less current liabilities
  
100,023
70,806

  

Net assets
  
100,023
70,806


Capital and reserves
  

Called up share capital 
 8 
50,000
50,000

Profit and loss account
  
50,023
20,806

  
100,023
70,806


Page 1

 
ADCOM ADVISORY LIMITED
REGISTERED NUMBER: 12786184
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 31 July 2025.




................................................
G P Leventis
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
ADCOM ADVISORY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

1.


General information

AdCom Advisory Limited is a private company limited by shares, incorporated in England and Wales within the United Kingdom. The registered office is 8 Kensington Park Road, London. W11 3BU. The company number is 12786184.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


Page 3

 
ADCOM ADVISORY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. 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 charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the period was 6 (2023 - 6).

Page 4

 
ADCOM ADVISORY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

4.


Tangible fixed assets







Office equipment

£



Cost or valuation


At 1 September 2023
3,817



At 31 December 2024

3,817



Depreciation


At 1 September 2023
763


Charge for the period on owned assets
1,018



At 31 December 2024

1,781



Net book value



At 31 December 2024
2,036


5.


Debtors

31 December
31 August
2024
2023
£
£


Amounts owed by group undertakings
-
50,000

Other debtors
12,640
4,860

Prepayments and accrued income
80,000
13,500

92,640
68,360


Page 5

 
ADCOM ADVISORY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

6.


Cash and cash equivalents

31 December
2024
£

Cash at bank and in hand
85,994

85,994



7.


Creditors: Amounts falling due within one year

31 December
31 August
2024
2023
£
£

Trade creditors
55,716
-

Corporation tax
10,206
4,274

Other taxation and social security
-
15,176

Other creditors
-
168,000

Accruals and deferred income
14,725
60,620

80,647
248,070



8.


Share capital

31 December
31 August
2024
2023
£
£
Authorised, allotted, called up and fully paid



50,000 (2023 - 50,000) Ordinary shares of £1.00 each
50,000
50,000


 
Page 6