Company Registration No. 08033756 (England and Wales)
ADAM CEX LTD
Unaudited accounts
for the year ended 31 August 2024
ADAM CEX LTD
Unaudited accounts
Contents
ADAM CEX LTD
Company Information
for the year ended 31 August 2024
Company Number
08033756 (England and Wales)
Registered Office
SUITE 52
TECHNOLOGY DRIVE
BATLEY
WF17 6ER
ENGLAND
ADAM CEX LTD
Statement of financial position
as at 31 August 2024
Intangible assets
167,038
179,203
Tangible assets
496,655
543,913
Inventories
654,856
538,564
Cash at bank and in hand
164,725
153,423
Creditors: amounts falling due within one year
(1,034,719)
(773,774)
Net current (liabilities)/assets
(62,950)
40,842
Net assets
600,743
763,958
Called up share capital
100
100
Profit and loss account
600,643
763,858
Shareholders' funds
600,743
763,958
For the year ending 31 August 2024 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 and authorised for issue on 30 May 2025 and were signed on its behalf by
Safvan Ayub ADAM
Director
Company Registration No. 08033756
ADAM CEX LTD
Notes to the Accounts
for the year ended 31 August 2024
ADAM CEX LTD is a private company, limited by shares, registered in England and Wales, registration number 08033756. The registered office is SUITE 52, TECHNOLOGY DRIVE, BATLEY, WF17 6ER, 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.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 1 September 2023
274,440
At 1 September 2023
95,237
Charge for the year
12,165
ADAM CEX LTD
Notes to the Accounts
for the year ended 31 August 2024
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Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
234,064
791,586
143,458
1,169,108
Additions
-
19,625
-
19,625
At 31 August 2024
234,064
811,211
143,458
1,188,733
At 1 September 2023
-
501,500
123,695
625,195
Charge for the year
-
61,942
4,941
66,883
At 31 August 2024
-
563,442
128,636
692,078
At 31 August 2024
234,064
247,769
14,822
496,655
At 31 August 2023
234,064
290,086
19,763
543,913
Amounts falling due within one year
Trade debtors
106,373
76,814
Other debtors
45,815
45,815
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
461,001
169,456
Taxes and social security
49,796
69,047
Other creditors
58,419
69,768
Loans from directors
465,503
465,503
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Average number of employees
During the year the average number of employees was 47 (2023: 47).