REGISTERED NUMBER: 03204392 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

FOR

ADEPT BUILDING SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

C V Pugh

SECRETARY:

T A Pugh

REGISTERED OFFICE:

1 Chiltern Business Centre

63-65 Woodside Road

Amersham

Buckinghamshire

HP6 6AA

REGISTERED NUMBER:

03204392 (England and Wales)

ACCOUNTANTS:

Herath Associates Limited

Chartered Certified Accountants

1 Chiltern Business Centre

Amersham

Buckinghamshire

HP6 6AA

FIXED ASSETS

Tangible assets

4

18,503

25,919

CURRENT ASSETS

Stocks

5

5,000

5,000

Debtors

6

12,395

-

Cash at bank

8,656

72,740

26,051

77,740

CREDITORS

Amounts falling due within one year

7

16,296

32,785

NET CURRENT ASSETS

9,755

44,955

TOTAL ASSETS LESS CURRENT LIABILITIES

28,258

70,874

CREDITORS

Amounts falling due after more than one year

8

37,154

-

NET (LIABILITIES)/ASSETS

(8,896

)

70,874

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(8,898

)

70,872

SHAREHOLDERS' FUNDS

(8,896

)

70,874

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 December 2025 and were signed by:

C V Pugh - Director

1.	STATUTORY INFORMATION

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

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred 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 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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 June 2024

55,033

78,776

4,822

138,631

Additions

-

15,000

-

15,000

Disposals

-

(63,777

)

-

(63,777

)

At 31 May 2025

55,033

29,999

4,822

89,854

DEPRECIATION

At 1 June 2024

46,215

61,990

4,507

112,712

Charge for year

1,323

11,383

157

12,863

Eliminated on disposal

-

(54,224

)

-

(54,224

)

At 31 May 2025

47,538

19,149

4,664

71,351

NET BOOK VALUE

At 31 May 2025

7,495

10,850

158

18,503

At 31 May 2024

8,818

16,786

315

25,919

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

Motor

vehicles

£

COST

At 1 June 2024

28,545

Disposals

(28,545

)

At 31 May 2025

-

DEPRECIATION

At 1 June 2024

21,207

Eliminated on disposal

(21,207

)

At 31 May 2025

-

NET BOOK VALUE

At 31 May 2025

-

At 31 May 2024

7,338

5.

STOCKS

31.5.25

31.5.24

£

£

Stocks

2,000

2,000

Work-in-progress

3,000

3,000

5,000

5,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Other debtors

12,395

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts

2,340

-

Trade creditors

2,301

3,547

Taxation and social security

8,929

23,872

Other creditors

2,726

5,366

16,296

32,785

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans

22,154

-

Hire purchase contracts

15,000

-

37,154

-