Company Registration No. 08095600 (England and Wales)
Adam Solicitors Limited
Unaudited accounts
for the year ended 31 March 2025
Adam Solicitors Limited
Statement of financial position
as at 31 March 2025
Intangible assets
19,375
21,875
Tangible assets
47,221
19,308
Cash at bank and in hand
110,078
56,213
Creditors: amounts falling due within one year
(111,930)
(86,153)
Net current assets/(liabilities)
21,558
(11,177)
Total assets less current liabilities
88,154
30,006
Creditors: amounts falling due after more than one year
(12,211)
(22,407)
Provisions for liabilities
Called up share capital
3
3
Profit and loss account
71,635
6,704
Shareholders' funds
71,638
6,707
For the year ending 31 March 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 22 May 2025 and were signed on its behalf by
Mr Fiaz Riasat
Director
Company Registration No. 08095600
Adam Solicitors Limited
Notes to the Accounts
for the year ended 31 March 2025
Adam Solicitors Limited is a private company, limited by shares, registered in England and Wales, registration number 08095600. The registered office is 1st Floor 1-7 Bent Street, Cheetham Hill, Manchester, M8 8NF, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of twenty years.
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
25% on cost.
Computer equipment
25% on cost.
4
Intangible fixed assets
Total
Adam Solicitors Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Total
Charge for the year
17,483
6
Average number of employees
During the year the average number of employees was 16 (2024: 11).