Company Registration No. 07657360 (England and Wales)
Adam Management Ltd
Unaudited accounts
for the year ended 31 March 2025
Adam Management Ltd
Unaudited accounts
Contents
Adam Management Ltd
Company Information
for the year ended 31 March 2025
Directors
DUDHWALA, Azeez
DUDHWALA, Husena
DUDHWALA, Mufaddal Shabbir
MAHARAJ, Habiba
Company Number
07657360 (England and Wales)
Registered Office
2 Duncombe Way
Bradford
BD8 9SY
Adam Management Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
2,415,339
2,429,341
Cash at bank and in hand
43,262
41,345
Creditors: amounts falling due within one year
(35,509)
(38,018)
Net current assets
27,650
13,933
Total assets less current liabilities
2,442,989
2,443,274
Creditors: amounts falling due after more than one year
(110,352)
(186,853)
Provisions for liabilities
Deferred tax
(7,001)
(10,502)
Net assets
2,325,636
2,245,919
Called up share capital
1,000
1,000
Profit and loss account
2,324,636
2,244,919
Shareholders' funds
2,325,636
2,245,919
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 directors acknowledge their 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 of Directors and authorised for issue on 24 June 2025 and were signed on its behalf by
DUDHWALA, Azeez
Director
Company Registration No. 07657360
Adam Management Ltd
Notes to the Accounts
for the year ended 31 March 2025
Adam Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 07657360. The registered office is 2 Duncombe Way, , Bradford, BD8 9SY.
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:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 April 2024
2,387,333
140,023
2,527,356
At 31 March 2025
2,387,333
140,023
2,527,356
At 1 April 2024
-
98,015
98,015
Charge for the year
-
14,002
14,002
At 31 March 2025
-
112,017
112,017
At 31 March 2025
2,387,333
28,006
2,415,339
At 31 March 2024
2,387,333
42,008
2,429,341
FRS102 (Section 1A) is not being adhered to with respect to the valuation of investment property. All investment property is currently stated at cost. The directors consider that no property is valued at less than cost.
Adam Management Ltd
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Trade debtors
16,600
10,000
Accrued income and prepayments
3,297
606
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
27,425
28,748
7
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
72,086
167,984
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Accounts
(167,984)
100,000
4,102
(72,086)
(167,984)
100,000
4,102
(72,086)
9
Average number of employees
During the year the average number of employees was 4 (2024: 4).