Company Registration No. 12497357 (England and Wales)
Adams Holdings Limited
Unaudited accounts
for the year ended 31 March 2025
Adams Holdings Limited
Unaudited accounts
Contents
Adams Holdings Limited
Company Information
for the year ended 31 March 2025
Company Number
12497357 (England and Wales)
Registered Office
27 Asquith Close
Biddulph
Stoke-on-Trent
Staffordshire
ST8 7LN
United Kingdom
Accountants
Deborah Warburton
4 Acre Bank Close
Skinburness
Cumbria
CA7 4RD
Adams Holdings Limited
Statement of financial position
as at 31 March 2025
Investment property
375,000
375,000
Cash at bank and in hand
30,556
8,150
Creditors: amounts falling due within one year
(133,685)
(106,385)
Net current liabilities
(103,129)
(98,235)
Total assets less current liabilities
271,871
276,765
Creditors: amounts falling due after more than one year
(287,938)
(287,938)
Provisions for liabilities
Deferred tax
(13,533)
(13,533)
Net liabilities
(29,600)
(24,706)
Called up share capital
2
2
Profit and loss account
(29,602)
(24,708)
Shareholders' funds
(29,600)
(24,706)
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 21 October 2025 and were signed on its behalf by
Susan J Adams
Director
Company Registration No. 12497357
Adams Holdings Limited
Notes to the Accounts
for the year ended 31 March 2025
Adams Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 12497357. The registered office is 27 Asquith Close, Biddulph, Stoke-on-Trent, Staffordshire, ST8 7LN, United Kingdom.
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 have been prepared on a going concern basis, on the basis that the director and shareholder will continue to financially support the company and consider that the company retains sufficient working capital to continue trading for the foreseeable future.
The accounts are presented in £ sterling.
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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Fair value at 1 April 2024
375,000
Investment properties have been revalued at market value by Priory Property Services Ltd, Biddulph, ST8 6AD upon the director's request during the year.
The revaluation of these properties has been included in the accounts and the gain recognised in the company's profit and loss account and will be held under 'non distributable reserves' in accordance with FRS 102.
Adams Holdings Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
18
13
Loans from directors
118,552
105,872
6
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
287,938
287,938
Allotted, called up and fully paid:
1 Ordinary A shares of £1 each
1
1
1 Ordinary B shares of £1 each
1
1
8
Transactions with related parties
The director, S Adams, has loaned the company £118,552 (2024 - £105,872) and this is included in Creditors: amounts due within one year. There are no interest charges on this loan.
The director, S Adams, holds a long term loan with the company of £287,938 (2024-£188,702) which has been to support the company in purchasing investment properties. This loan is deemed repayable in more than one year and is included in Creditors: amounts due after one year. There are no interest charges on this loan.
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).