REGISTERED NUMBER: 07804446 (England and Wales)

ADJUVO GROUP LIMITED

Unaudited Financial Statements for the Year Ended 31 January 2025

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S A Archer

Mrs R L Archer

REGISTERED OFFICE:

Unit 61A

Enfield Industrial Estate

Redditch

Worcestershire

B97 6DE

REGISTERED NUMBER:

07804446 (England and Wales)

ACCOUNTANTS:

Michael Dufty Partnership Limited

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

FIXED ASSETS

Tangible assets

4

26,550

49,219

CURRENT ASSETS

Stocks

3,432

4,102

Debtors

374,290

441,648

Cash at bank and in hand

47,093

50,701

424,815

496,451

CREDITORS

Amounts falling due within one year

189,144

247,647

NET CURRENT ASSETS

235,671

248,804

TOTAL ASSETS LESS CURRENT LIABILITIES

262,221

298,023

CREDITORS

Amounts falling due after more than one year

(11,110

)

(22,027

)

PROVISIONS FOR LIABILITIES

(3,670

)

(3,670

)

NET ASSETS

247,441

272,326

CAPITAL AND RESERVES

Called up share capital

715

715

Capital redemption reserve

285

285

Retained earnings

246,441

271,326

SHAREHOLDERS' FUNDS

247,441

272,326

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 Income Statement and an abridged Balance Sheet for the year ended 31 January 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 6 October 2025 and were signed on its behalf by:

S A Archer - Director

1.	STATUTORY INFORMATION

Adjuvo Group 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.

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

The company's principal activity is the provision of temporary employment agency activities.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated compared with its carrying amount.If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in the profit and loss account.

If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

Stocks

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

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 February 2024

217,929

Additions

3,647

Disposals

(30,825

)

At 31 January 2025

190,751

DEPRECIATION

At 1 February 2024

168,710

Charge for year

15,440

Eliminated on disposal

(19,949

)

At 31 January 2025

164,201

NET BOOK VALUE

At 31 January 2025

26,550

At 31 January 2024

49,219

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1 February 2024

30,825

Disposals

(30,825

)

At 31 January 2025

-

DEPRECIATION

At 1 February 2024

19,718

Charge for year

231

Eliminated on disposal

(19,949

)

At 31 January 2025

-

NET BOOK VALUE

At 31 January 2025

-

At 31 January 2024

11,107

5.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

-

6,198

Between one and five years

-

2,583

-

8,781

Non-cancellable

operating leases

2025

2024

£

£

Within one year

56,661

21,640

Between one and five years

141,342

73,685

In more than five years

22,500

37,500

220,503

132,825

6.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

-

8,781

Invoice finance

32,921

45,800

32,921

54,581

The invoice discounting liability is secured on the company's trade debtors.

The hire purchase debt is secured over the assets to which it relates.

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Adjuvo Holdings Limited.

The ultimate controlling party is S A Archer and Mrs R Archer.