Company Registration No. 07514109 (England and Wales)
Adam Goldsmith Limited
Unaudited accounts
for the year ended 31 December 2024
Adam Goldsmith Limited
Unaudited accounts
Contents
Adam Goldsmith Limited
Company Information
for the year ended 31 December 2024
Director
Rajbinder Singh Dhaliwal
Company Number
07514109 (England and Wales)
Registered Office
3 Dorell Close
Southall
Middlesex
UB1 2SF
Adam Goldsmith Limited
Statement of financial position
as at 31 December 2024
Investment property
1,362,518
1,362,518
Cash at bank and in hand
15,908
16,050
Creditors: amounts falling due within one year
(107,001)
(212,787)
Net current liabilities
(29,009)
(22,251)
Total assets less current liabilities
1,334,202
1,341,018
Creditors: amounts falling due after more than one year
(537,250)
(507,478)
Provisions for liabilities
Deferred tax
(133,637)
(133,637)
Net assets
663,315
699,903
Called up share capital
1
1
Revaluation reserve
569,668
569,668
Profit and loss account
93,646
130,234
Shareholders' funds
663,315
699,903
For the year ending 31 December 2024 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 September 2025 and were signed on its behalf by
Rajbinder Singh Dhaliwal
Director
Company Registration No. 07514109
Adam Goldsmith Limited
Notes to the Accounts
for the year ended 31 December 2024
Adam Goldsmith Limited is a private company, limited by shares, registered in England and Wales, registration number 07514109. The registered office is 3 Dorell Close, Southall, Middlesex, UB1 2SF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Adam Goldsmith Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 January 2024
1,362,518
At 31 December 2024
1,362,518
Amounts falling due within one year
Other debtors
62,084
174,486
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
26,227
31,204
Trade creditors
3,238
3,238
Taxes and social security
1,749
8,833
Other creditors
72,811
79,624
Loans from directors
605
87,605
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
537,250
507,478
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).