REGISTERED NUMBER: 12017003 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

Adept PM Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S J Woodley

Mrs J Woodley

REGISTERED OFFICE:

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

REGISTERED NUMBER:

12017003 (England and Wales)

ACCOUNTANTS:

Mander Duffill

Chartered Accountants

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

FIXED ASSETS

Investment property

4

723,746

738,746

CURRENT ASSETS

Cash at bank

1,834

563

CREDITORS

Amounts falling due within one year

5

69,489

64,521

NET CURRENT LIABILITIES

(67,655

)

(63,958

)

TOTAL ASSETS LESS CURRENT LIABILITIES

656,091

674,788

CREDITORS

Amounts falling due after more than one year

6

(125,503

)

(145,531

)

PROVISIONS FOR LIABILITIES

(35,400

)

(38,250

)

NET ASSETS

495,188

491,007

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

7

138,000

153,000

Retained earnings

357,088

337,907

SHAREHOLDERS' FUNDS

495,188

491,007

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 6 September 2025 and were signed on its behalf by:

S J Woodley - Director

1.	STATUTORY INFORMATION

Adept PM Holdings 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 as modified by the revaluation of certain assets.

Turnover

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

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

738,746

Revaluations

(15,000

)

At 31 March 2025

723,746

NET BOOK VALUE

At 31 March 2025

723,746

At 31 March 2024

738,746

Fair value at 31 March 2025 is represented by:

£

Valuation in 2021

441,797

Valuation in 2022

266,949

Valuation in 2023

35,000

Valuation in 2024

(5,000

)

Valuation in 2025

(15,000

)

723,746

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

69,489

64,521

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

125,503

145,531

7.

RESERVES

Fair

value

reserve

£

At 1 April 2024

153,000

Property revaluation

(15,000

)

At 31 March 2025

138,000