Adlar Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 14758039

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		8,923		39,107

			8,923		39,107
CURRENT ASSETS
Stocks	5	70,000		48,355
Debtors	6	77,102		99,773
Cash at bank and in hand		5,911		65,282

		153,013		213,410
Creditors: Amounts Falling Due Within One Year	7	(471,814 )		(265,922 )

NET CURRENT ASSETS (LIABILITIES)			(318,801 )		(52,512 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(309,878 )		(13,405 )

Creditors: Amounts Falling Due After More Than One Year	8		-		(27,983 )

NET LIABILITIES			(309,878 )		(41,388 )

CAPITAL AND RESERVES
Called up share capital	10		1,100		1,100
Profit and Loss Account			(310,978 )		(42,488 )

SHAREHOLDERS' FUNDS			(309,878)		(41,388)

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Adlar Ltd

Balance Sheet (continued)

As At 31 March 2025

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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

A N Collier

Director

22/12/2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Adlar Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14758039 . The registered office is Walnut Tilford Road, Tilford, Farnham, GU10 2DZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

At the balance sheet date, the company had net liabilities of £309,878 (2024: £41,388). The ability of the company to continue trading is dependent on the continued support of the directors and the company’s creditors. The directors are of the opinion that the company will continue to receive this support and on this basis considers it appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result from the withdrawal of support by the directors and the creditors of the company

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	20% Straight Line
Fixtures & Fittings	20% Straight Line
Computer Equipment	33.33% Straight Line

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.7. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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Adlar Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.9. Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

2.10. Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty or notice of not more than 24 hours.

2.11. Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 7 (2024: 3)

4. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	40,894	1,000	708	42,602
Additions	-	1,195	-	1,195
Disposals	(30,250 )	-	-	(30,250 )

As at 31 March 2025	10,644	2,195	708	13,547

Depreciation
As at 1 April 2024	3,160	126	209	3,495
Provided during the period	6,000	439	236	6,675
Disposals	(5,546 )	-	-	(5,546 )

As at 31 March 2025	3,614	565	445	4,624

Net Book Value
As at 31 March 2025	7,030	1,630	263	8,923

As at 1 April 2024	37,734	874	499	39,107

5. Stocks

	2025	2024
	£	£
Stock	70,000	48,355

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Adlar Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	22,185	53,490
Prepayments and accrued income	11,516	13,582
Deposits	14,400	14,400
Other debtor	10	10
VAT	28,260	18,291
Amounts owed by group undertakings	731	-

	77,102	99,773

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	7,300
Trade creditors	341,269	153,092
Other loans	11,327	-
Other taxes and social security	10,226	-
Net wages	3,298	571
Pension Liability	626	443
Accruals and deferred income	2,795	3,685
Directors' loan accounts	102,273	100,831

	471,814	265,922

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	27,983

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	-	7,300
Later than one year and not later than five years	-	27,983

	-	35,283

	-	35,283

10. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
890 Ordinary Shares of £ 1.00 each	890	890
100 Ordinary B shares of £ 1.00 each	100	100
110 Ordinary C shares of £ 1.00 each	110	110

	1,100	1,100

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Adlar Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

11. Pension Commitments

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. Pension contributions of £3,298 (2024 : £571) were payable at the balance sheet date.

12. Related Party Transactions

At the Balance Sheet date the company owed £102,273 (2024 : £100,831) to the directors.

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