REGISTERED NUMBER: 03804753 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

ADAMS HENDRY CONSULTING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P J Rowell

E Barnett

SECRETARY:

J Ridge

REGISTERED OFFICE:

Sheridan House

40-43 Jewry Street

Winchester

Hampshire

SO23 8RY

REGISTERED NUMBER:

03804753 (England and Wales)

AUDITORS:

Rothmans Audit LLP

Statutory Auditors

Chartered Accountants

Avebury House

St Peter Street

Winchester

Hampshire

SO23 8BN

FIXED ASSETS

Tangible assets

4

18,260

32,578

CURRENT ASSETS

Debtors

5

1,047,571

1,187,056

Cash at bank

2,471,606

3,082,047

3,519,177

4,269,103

CREDITORS

Amounts falling due within one year

6

740,527

748,074

NET CURRENT ASSETS

2,778,650

3,521,029

TOTAL ASSETS LESS CURRENT LIABILITIES

2,796,910

3,553,607

PROVISIONS FOR LIABILITIES

8

2,445

5,559

NET ASSETS

2,794,465

3,548,048

CAPITAL AND RESERVES

Called up share capital

9

19,534

29,301

Share premium

66,222

66,222

Capital redemption reserve

371,019

361,252

Retained earnings

2,337,690

3,091,273

SHAREHOLDERS' FUNDS

2,794,465

3,548,048

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 11 December 2025 and were signed on its behalf by:

E Barnett - Director

P J Rowell - Director

1.	STATUTORY INFORMATION

Adams Hendry Consulting 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.

The financial statements have been prepared on a going concern basis.

Significant judgements and estimates

In preparing these accounts, the directors have not had to make any significant judgements. There are no sources of estimation uncertainty which have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover

Turnover is the amount derived from ordinary activities, and is stated after trade discounts, other sales taxes and net of VAT.

Income from the provision of services is recognised in the period in which those services are provided, by reference to the time spent by staff plus any expenses incurred on behalf of clients. Income from services provided to the client which have been delivered but not billed at the balance sheet date is recognised as revenue and is included in debtors as accrued income.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

20% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like bank deposits, trade and other accounts receivable and payable and loans to related parties.

Debtors and creditors with no stated interest rate which are receivable or payable within one year are recorded at transaction price.

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid deposits.

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.

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.

Leasing commitments

Rentals payable under operating leases, including any lease incentives received, are charged to income on a straight line basis over the term of the relevant lease.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Capital & Reserves

Called-up share capital represents the nominal value of ordinary shares that have been issued.

The profit and loss account includes all current and prior period retained profits and losses.

The share premium account includes any premiums received on issue of share capital. Any transaction costs associated with issuing shares are deducted from share premium.

The capital redemption reserve represents the total accumulated amounts transferred when the company has repurchased its own shares.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2024 - 25 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Office

and

Computer

equipment

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

10,605

98,766

134,869

244,240

Additions

294

380

5,687

6,361

Disposals

-

-

(12,422

)

(12,422

)

At 31 March 2025

10,899

99,146

128,134

238,179

DEPRECIATION

At 1 April 2024

9,474

98,766

103,422

211,662

Charge for year

447

70

20,162

20,679

Eliminated on disposal

-

-

(12,422

)

(12,422

)

At 31 March 2025

9,921

98,836

111,162

219,919

NET BOOK VALUE

At 31 March 2025

978

310

16,972

18,260

At 31 March 2024

1,131

-

31,447

32,578

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

719,183

1,011,868

Other debtors

328,388

175,188

1,047,571

1,187,056

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

105,701

46,667

Tax

364,901

288,803

Social security and other taxes

31,786

32,805

VAT

114,376

176,094

Other creditors

14,043

21,739

Expenses control account

866

187

Accrued expenses

108,854

181,779

740,527

748,074

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

42,500

51,000

Between one and five years

-

42,500

42,500

93,500

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

2,445

5,559

Deferred

tax

£

Balance at 1 April 2024

5,559

Credit to Income Statement during year

(3,114

)

Balance at 31 March 2025

2,445

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

19,534

Ordinary

£1

19,534

29,301

(2024 - 29,301 )

On 25 October 2024 the company completed a purchase of own shares and acquired 9,767 of its shares from the director, A Blaxland. These shares were subsequently cancelled reducing the company's share capital from 29,301 shares to 19,534 shares.

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Kevin Richards (Senior Statutory Auditor)

for and on behalf of Rothmans Audit LLP

11.	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

£

£

E Barnett

Balance outstanding at start of year

10,000

10,000

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

10,000

10,000

A M Blaxland

Balance outstanding at start of year

10,000

10,000

Amounts repaid

(10,000

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

10,000

P J Rowell

Balance outstanding at start of year

10,000

10,000

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

10,000

10,000

The above loans are interest free and repayable on demand.

12.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party of the company due to the directors' P J Rowell and E Barnetts' equal holding of the Ordinary Shares.