REGISTERED NUMBER: SC354523 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

ADREM TECHNOLOGY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J A G Dewar

REGISTERED OFFICE:

Ladyhill Cottage

Bieldside

Aberdeen

AB15 9BR

REGISTERED NUMBER:

SC354523 (Scotland)

ACCOUNTANTS:

Fyfe Moir & Associates

1st Floor, 5 Abercrombie Crt

Prospect Road,

Westhill

Aberdeenshire

Grampian

AB32 6FE

FIXED ASSETS

Tangible assets

4

2,650

3,139

Investments

5

37,959

37,959

40,609

41,098

CURRENT ASSETS

Debtors

6

1,981

2,338

Cash at bank

49,283

57,972

51,264

60,310

CREDITORS

Amounts falling due within one year

7

1,720

840

NET CURRENT ASSETS

49,544

59,470

TOTAL ASSETS LESS CURRENT LIABILITIES

90,153

100,568

CREDITORS

Amounts falling due after more than one year

8

-

84

NET ASSETS

90,153

100,484

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

90,152

100,483

SHAREHOLDERS' FUNDS

90,153

100,484

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 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 16 December 2025 and were signed by:

J A G Dewar - Director

1.	STATUTORY INFORMATION

Adrem Technology Limited is a private company, limited by shares , registered in Scotland. 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.

Tangible fixed assets

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

Computer equipment

-

25% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Computer

property

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

2,702

7,711

10,413

DEPRECIATION

At 1 April 2024

733

6,541

7,274

Charge for year

197

292

489

At 31 March 2025

930

6,833

7,763

NET BOOK VALUE

At 31 March 2025

1,772

878

2,650

At 31 March 2024

1,969

1,170

3,139

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

37,959

NET BOOK VALUE

At 31 March 2025

37,959

At 31 March 2024

37,959

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Directors' current accounts

-

357

Tax

1,981

1,981

1,981

2,338

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Directors' current accounts

40

-

Accrued expenses

1,680

840

1,720

840

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

-

84