REGISTERED NUMBER: 04425102 (England and Wales)

Addison & Co (Teesdale) Ltd

Unaudited Financial Statements for the Year Ended 30 April 2025

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Tarn

D J Addison

SECRETARY:

R Tarn

REGISTERED OFFICE:

Ebor House

91 Galgate

Barnard Castle

Co Durham

DL12 8ES

REGISTERED NUMBER:

04425102 (England and Wales)

ACCOUNTANTS:

Addison & Co

Ebor House

91 Galgate

Barnard Castle

Co Durham

DL12 8ES

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

139

805

139

805

CURRENT ASSETS

Work in progress

251,915

244,410

Debtors

308,728

219,764

Cash at bank and in hand

210,620

161,564

771,263

625,738

CREDITORS

Amounts falling due within one year

271,416

214,500

NET CURRENT ASSETS

499,847

411,238

TOTAL ASSETS LESS CURRENT LIABILITIES

499,986

412,043

CREDITORS

Amounts falling due after more than one year

26,551

15,840

NET ASSETS

473,435

396,203

CAPITAL AND RESERVES

Called up share capital

50,000

50,000

Retained earnings

423,435

346,203

SHAREHOLDERS' FUNDS

473,435

396,203

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 April 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 25 September 2025 and were signed on its behalf by:

D J Addison - Director

1.	STATUTORY INFORMATION

Addison & Co (Teesdale) Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents fees received and receivable net of value added tax.

Goodwill

Goodwill arose on the incorporation of the partnership business. The Goodwill has been fully amortised.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

Stocks

Work in progress is valued at the cost to the client of work done but not invoiced.

Taxation

Taxation for the year comprises current 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 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.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2024 - 19 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2024

and 30 April 2025

510,000

AMORTISATION

At 1 May 2024

and 30 April 2025

510,000

NET BOOK VALUE

At 30 April 2025

-

At 30 April 2024

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2024

and 30 April 2025

87,298

DEPRECIATION

At 1 May 2024

86,493

Charge for year

666

At 30 April 2025

87,159

NET BOOK VALUE

At 30 April 2025

139

At 30 April 2024

805