REGISTERED NUMBER: 06837329 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

ADG (TELFORD) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Smith

D Brown

Mrs D Oakley

REGISTERED OFFICE:

Unit B3 Court Works

Bridgnorth Road

Madeley

Telford

Shropshire

TF7 4JB

REGISTERED NUMBER:

06837329 (England and Wales)

ACCOUNTANTS:

D E Ball & Co Limited

Chartered Accountants

15 Bridge Road

Wellington

Telford

Shropshire

TF1 1EB

FIXED ASSETS

Tangible assets

4

57,925

25,553

CURRENT ASSETS

Stocks

10,000

10,000

Debtors

5

168,076

184,827

Cash at bank

90,826

10,756

268,902

205,583

CREDITORS

Amounts falling due within one year

6

149,300

170,791

NET CURRENT ASSETS

119,602

34,792

TOTAL ASSETS LESS CURRENT LIABILITIES

177,527

60,345

CREDITORS

Amounts falling due after more than one year

7

(156,381

)

(44,486

)

PROVISIONS FOR LIABILITIES

(5,818

)

(2,485

)

NET ASSETS

15,328

13,374

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

15,228

13,274

SHAREHOLDERS' FUNDS

15,328

13,374

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18th September 2025 and were signed on its behalf by:

D Smith - Director

1.	STATUTORY INFORMATION

ADG (Telford) 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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st January 2024

20,585

2,790

37,450

458

61,283

Additions

-

-

42,185

-

42,185

At 31st December 2024

20,585

2,790

79,635

458

103,468

DEPRECIATION

At 1st January 2024

11,970

1,104

22,260

396

35,730

Charge for year

1,292

253

8,206

62

9,813

At 31st December 2024

13,262

1,357

30,466

458

45,543

NET BOOK VALUE

At 31st December 2024

7,323

1,433

49,169

-

57,925

At 31st December 2023

8,615

1,686

15,190

62

25,553

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

164,371

181,317

Other debtors

3,705

3,510

168,076

184,827

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

18,033

-

Trade creditors

108,961

125,450

Taxation and social security

10,076

33,341

Other creditors

2,230

2,000

149,300

170,791

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

5,284

15,144

Hire purchase contracts

10,283

-

Other creditors

140,814

29,342

156,381

44,486

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr D Smith, Mr D Brown and Mrs D Oakley as they co-operate to exercise control.