REGISTERED NUMBER: 08667479 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Adjacent Digital Politics Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G P Warrender

REGISTERED OFFICE:

Datum House

Electra Way

Crewe Business Park

Crewe

Cheshire

CW1 6ZF

REGISTERED NUMBER:

08667479 (England and Wales)

ACCOUNTANTS:

Pareto Tax & Wealth LLP

The Old Schoolhouse

5-7 Byrom Street

Manchester

M3 4PF

FIXED ASSETS

Tangible assets

4

11,238

12,151

CURRENT ASSETS

Stocks

31,464

33,610

Debtors

5

803,234

614,933

Cash at bank

235,101

124,243

1,069,799

772,786

CREDITORS

Amounts falling due within one year

6

680,403

486,266

NET CURRENT ASSETS

389,396

286,520

TOTAL ASSETS LESS CURRENT LIABILITIES

400,634

298,671

CREDITORS

Amounts falling due after more than one year

7

(60,000

)

(180,000

)

PROVISIONS FOR LIABILITIES

(2,810

)

(3,038

)

NET ASSETS

337,824

115,633

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

337,823

115,632

SHAREHOLDERS' FUNDS

337,824

115,633

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.

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 3 September 2025 and were signed by:

G P Warrender - Director

1.	STATUTORY INFORMATION

Adjacent Digital Politics Limited 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.

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.

Plant and machinery etc

-

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2023 - 27 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

95,753

Additions

6,905

Disposals

(819

)

At 31 December 2024

101,839

DEPRECIATION

At 1 January 2024

83,602

Charge for year

7,818

Eliminated on disposal

(819

)

At 31 December 2024

90,601

NET BOOK VALUE

At 31 December 2024

11,238

At 31 December 2023

12,151

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

289,685

230,369

Amounts owed by group undertakings

25,000

65,000

Other debtors

488,549

319,564

803,234

614,933

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

120,000

120,000

Trade creditors

9,344

7,570

Taxation and social security

487,058

283,010

Other creditors

64,001

75,686

680,403

486,266

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

60,000

180,000

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Bank loans

180,000

300,000

The bank loan is secured by a fixed and floating charge over the property and undertakings of the company.

9.	RELATED PARTY DISCLOSURES

At 31 December 2024 the company was owed £362,438 (2023: £205,175 by the estate of D L Wilson.

The amount is subject to interest at 2.25% per annum.

Ar 31 December 2024 the company was owed £25,000 (2023: £65,000) by Pan European Networks Limited, a company under common control.

The amount is interest free and repayable on demand.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the estate of D L Wilson.