REGISTERED NUMBER: 09792307 (England and Wales)

ADINA DEVELOPMENTS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

I C Wotton

P Hesp

SECRETARY:

REGISTERED OFFICE:

The Sycamores

60 Leeds Road

SELBY

North Yorkshire

YO8 4JQ

REGISTERED NUMBER:

09792307 (England and Wales)

ACCOUNTANTS:

P A Woffenden & Co

Accountants and Tax Advisers

Framework House

1 Church Lane

Snaith

GOOLE

East Yorkshire

DN14 9HN

FIXED ASSETS

Tangible assets

4

3,752

5,533

CURRENT ASSETS

Stocks

3,795,853

3,786,207

Debtors

5

17,776

16,486

Cash at bank and in hand

15,398

8,304

3,829,027

3,810,997

CREDITORS

Amounts falling due within one year

6

5,443,124

5,359,864

NET CURRENT LIABILITIES

(1,614,097

)

(1,548,867

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,610,345

)

(1,543,334

)

CAPITAL AND RESERVES

Called up share capital

12

12

Retained earnings

(1,610,357

)

(1,543,346

)

SHAREHOLDERS' FUNDS

(1,610,345

)

(1,543,334

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 4 December 2025 and were signed on its behalf by:

I C Wotton - Director

1.	STATUTORY INFORMATION

Adina Developments 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.

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.

Plant and machinery

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on cost

Stocks

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

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

36,182

DEPRECIATION

At 1 April 2024

30,649

Charge for year

1,781

At 31 March 2025

32,430

NET BOOK VALUE

At 31 March 2025

3,752

At 31 March 2024

5,533

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

321

7,731

Other debtors

17,455

8,755

17,776

16,486

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

14,907

1,191

Taxation and social security

168

167

Other creditors

5,428,049

5,358,506

5,443,124

5,359,864

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

M S Webber

Balance outstanding at start of year

(188,000

)

(188,000

)

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(188,000

)

(188,000

)

I C Wotton

Balance outstanding at start of year

(1,820,000

)

(710,000

)

Amounts advanced

100,000

-

Amounts repaid

(50,000

)

(1,110,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,770,000

)

(1,820,000

)

8.	ULTIMATE CONTROLLING PARTY

The company was under the joint control of it's directors throughout the period under review.