Adam Garside Agencies Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 12613198

ADAM GARSIDE AGENCIES LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 March 2025

ADAM GARSIDE AGENCIES LIMITED

STATEMENT OF FINANCIAL POSITION

31 March 2025

	2025		2024
Note	£	£	£	£

FIXED ASSETS

Tangible assets	5		2,441		2,872

CURRENT ASSETS

Debtors	6	11,548	10,428
Cash at bank and in hand		16,459	15,318
		--------	--------
		28,007	25,746

CREDITORS: amounts falling due within one year	7	11,638		12,444
		--------		--------
NET CURRENT ASSETS			16,369		13,302
			--------		--------
TOTAL ASSETS LESS CURRENT LIABILITIES			18,810		16,174
			--------		--------
NET ASSETS			18,810		16,174
			--------		--------

CAPITAL AND RESERVES

Share premium account	100	100
Profit and loss account	18,710	16,074
	--------	--------
SHAREHOLDERS FUNDS	18,810	16,174
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

ADAM GARSIDE AGENCIES LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 22 August 2025 , and are signed on behalf of the board by:

Mr A Garside

Director

Company registration number: 12613198

ADAM GARSIDE AGENCIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 19a Main Street, Upper Benefield, East Northants, PE8 5AN.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration receivable for services rendered, net of discounts and Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Computer Equipment	-	15% reducing balance

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. TANGIBLE ASSETS

	Equipment
	£
Cost
At 1 April 2024 and 31 March 2025	3,919
	-------
Depreciation
At 1 April 2024	1,047
Charge for the year	431
	-------
At 31 March 2025	1,478
	-------
Carrying amount
At 31 March 2025	2,441
	-------
At 31 March 2024	2,872
	-------

6. DEBTORS

	2025	2024
	£	£
Trade debtors	11,548	10,428
	--------	--------

7. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	8,720	9,539
Social security and other taxes	68	–
Other creditors	2,850	2,905
	--------	--------
	11,638	12,444
	--------	--------