Adamclem Property Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 15645283

		30 April 2025
	Notes	£	£
FIXED ASSETS
Tangible Assets	4		116,254

			116,254
CURRENT ASSETS
Debtors	5	295
Cash at bank and in hand		2,343

		2,638
Creditors: Amounts Falling Due Within One Year	6	(131,244 )

NET CURRENT ASSETS (LIABILITIES)			(128,606 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(12,352 )

NET LIABILITIES			(12,352 )

CAPITAL AND RESERVES
Called up share capital	7		100
Profit and Loss Account			(12,452 )

SHAREHOLDERS' FUNDS			(12,352)

For the period ending 30 April 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Simon Clements

Director

03/09/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Adamclem Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15645283 . The registered office is 1 Derwent Business Centre, Clarke Street, Derby, DE1 2BU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director's who have undertaken to provide such support for the foreseeable future.

If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	25% Straight Line
Computer Equipment	25% Straight Line

2.5. Investment Properties

Investment properties are measured at fair value determined annually and adjusted if necessary for any difference in the nature, location or condition of the specific asset. The fair value of property was obtained from an online property resource company and has not been based on a valuation by an independent valuer with a professional qualification.

Changes in fair value are recognised in the profit and loss account.

2.6. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 2

4. Tangible Assets

	Investment Properties	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost or Valuation
As at 14 April 2024	-	-	-	-
Additions	125,616	1,243	429	127,288
Revaluation	(10,616 )	-	-	(10,616 )

As at 30 April 2025	115,000	1,243	429	116,672

...CONTINUED

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Adamclem Property Limited

Notes to the Financial Statements (continued)

For the Period 14 April 2024 to 30 April 2025

Depreciation
As at 14 April 2024	-	-	-	-
Provided during the period	-	311	107	418

As at 30 April 2025	-	311	107	418

Net Book Value
As at 30 April 2025	115,000	932	322	116,254

As at 14 April 2024	-	-	-	-

5. Debtors

	30 April 2025
	£
Due within one year
Trade debtors	195
Other debtors	100

	295

6. Creditors: Amounts Falling Due Within One Year

	30 April 2025
	£
Accruals and deferred income	795
Directors' loan accounts	130,449

	131,244

7. Share Capital

	30 April 2025
	£
Allotted, Called up and fully paid	100

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