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Company registration number:
07951323
Adtek Limited
Unaudited Financial Statements for the year ended
31 March 2025
Adtek Limited
Officers and Professional Advisers
Year ended
31 March 2025

Director | Mr Adetola Odumade

Registered office | 29 Welbeck Road Newcastle upon Tyne NE6 2HU United Kingdom

Accountant | Breakthrough Professional Services Limited
| 1 Hendon road Sunderland SR1 2HB United Kingdom

Adtek Limited
Director's Report
Year ended
31 March 2025
The director presents the report and the unaudited
financial statements
of the company for the year ended 31 March 2025.

## Directors

The director who served the company during the year was as follows:

Mr Adetola Odumade

## Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
24 December 2025
and signed on behalf of the board by:

Mr Adetola Odumade
Director

Adtek Limited
Report to the board of directors on the preparation of the unaudited statutory financial statements of Adtek Limited
Year ended
31 March 2025
As described on the statement of financial position, the Board of Directors of
Adtek Limited
are responsible for the preparation of the
financial statements
for the year ended
31 March 2025
, which comprise the income statement, statement of total comprehensive income, statement of financial position, statement of changes in equity and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
Breakthrough Professional Services Limited
1 Hendon road
Sunderland
SR1 2HB
United Kingdom
Adtek Limited
Income Statement
Year ended
31 March 2025

|  | Year to 31 Mar 2025 | Period from 1 Apr 2023 to 31 Mar 2024
--- | --- | --- | ---
| Note | £ | £
Turnover |  | 76,147 |  | 554,372 |
Cost of sales |  | (70,866 | ) | (452,394 | )
Gross profit |  | 5,281 |  | 101,978 |
Administrative expenses |  | (37,822 | ) | (71,459 | )
Operating (loss)/profit |  | (32,541 | ) | 30,519 |
Interest payable and similar expenses |  | (67,025 | ) | (26,623 | )
(Loss)/profit before tax | 4 | (99,566 | ) | 3,896 |
Tax on (loss)/profit |  | - |  | (2,237 | )
(Loss)/profit for the financial year |  | (99,566 | ) | 1,659 |

Adtek Limited
Statement of Total Comprehensive Income
Year ended
31 March 2025

| Year to 31 Mar 2025 | Period from 1 Apr 2023 to 31 Mar 2024
--- | --- | ---
| £ | £
(Loss)/profit for the financial year | (99,566 | ) | 1,659 |
Revaluation of tangible assets | 1,056 |  | 20,350 |
Total comprehensive income | (98,510 | ) | 22,009 |

Adtek Limited
Statement of Financial Position
31 March 2025

|  | 2025 | 2024
--- | --- | --- | ---
| Note | £ | £
Fixed assets |  |  |  |  |
Tangible assets | 6 | 91,776 |  | 99,252 |
Investments | 7 | 857,772 |  | 703,828 |
|  | 949,548 |  | 803,080 |
Current assets |  |  |  |  |
Cash at bank and in hand |  | - |  | 58,917 |
Creditors: amounts falling due within one year | 8 | (447,141 | ) | (23,092 | )
Net current (liabilities)/assets |  | (447,141 | ) | 35,825 |
Total assets less current liabilities |  | 502,407 |  | 838,905 |
Creditors: amounts falling due after more than one year | 9 | (321,977 | ) | (559,965 | )
Net assets |  | 180,430 |  | 278,940 |
Capital and reserves |  |  |  |  |
Called up share capital |  | 4,100 |  | 4,100 |
Revaluation reserve |  | 70,827 |  | 69,771 |
Profit and loss account |  | 105,503 |  | 205,069 |
Shareholders funds |  | 180,430 |  | 278,940 |

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.
Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These
financial statements
have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
These
financial statements
were approved by the board of directors and authorised for issue on
24 December 2025
, and are signed on behalf of the board by:

Mr Adetola Odumade
Director

Company registration number:
07951323
Adtek Limited
Statement of Changes in Equity
Year ended
31 March 2025

| Called up share capital | Revaluation reserve | Profit and loss account | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
At 1 April 2023 | 2,100 |  | 49,421 |  | 203,410 |  | 254,931 |

Profit for the period | - |  | - |  | 1,659 |  | 1,659 |
Other comprehensive income for the period: |  |  |  |  |  |  |  |
Revaluation of tangible assets | - |  | 20,350 |  | - |  | 20,350 |
Total comprehensive income for the period | - |  | 20,350 |  | 1,659 |  | 22,009 |

Issue of shares | 2,000 |  | - |  | - |  | 2,000 |
Total investments by and distributions to owners | 2,000 |  | - |  | - |  | 2,000 |

At 31 March 2024 and 1 April 2024 | 4,100 |  | 69,771 |  | 205,069 |  | 278,940 |
Loss for the year | - |  | - |  | (99,566 | ) | (99,566 | )
Other comprehensive income for the year: |  |  |  |  |  |  |  |
Revaluation of tangible assets | - |  | 1,056 |  | - |  | 1,056 |
Total comprehensive income for the year | - |  | 1,056 |  | (99,566 | ) | (98,510 | )

At 31 March 2025 | 4,100 |  | 70,827 |  | 105,503 |  | 180,430 |

Adtek Limited
Notes to the Financial Statements
Year ended
31 March 2025

## 1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
29 Welbeck Road
,
Newcastle upon Tyne
,
NE6 2HU
, United Kingdom.

## 2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

## 3 Accounting policies

## Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

## Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

## Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

## Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant and machinery | 15% straight line
Office equipment | 15% straight line
Motor vehicles | 10% straight line
Fixtures and fittings | 20% straight line

## Investment properties

Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

## Fixed asset investments

Investments in subsidiaries, associates and joint ventures accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.
Investments in subsidiaries, associates and joint ventures accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income or profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted.
Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Other fixed asset investments which are listed are measured at fair value with changes in fair value being recognised in profit or loss.
All other Investments held as fixed assets are initially recorded at cost, and are subsequently stated at cost less any accumulated impairment losses.

## Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

## Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

## 4 Profit/loss before tax

Profit/loss before tax is stated after charging/(crediting):

| Year to 31 Mar 2025 | Period from 1 Apr 2023 to 31 Mar 2024
--- | --- | ---
| £ | £
Depreciation of tangible assets | 10,169 |  | 11,308 |

## 5 Average number of employees

The average number of persons employed by the company during the year was
1
(2024:
1
).

## 6 Tangible assets

| Plant and machinery etc.
--- | ---
| £
Cost |  |
At 1 April 2024 | 174,292 |
Additions | 2,694 |
At 31 March 2025 | 176,986 |
Depreciation |  |
At 1 April 2024 | 75,040 |
Charge | 10,170 |
At 31 March 2025 | 85,210 |
Carrying amount |  |
At 31 March 2025 | 91,776 |
At 31 March 2024 | 99,252 |

## Investment property

Included in land and buildings are the following amounts in relation to investment properties:

| 2025
--- | ---
| £
Carrying amount at 1 April 2024 | 703,828 |
Additions | 153,944 |
Carrying amount at 31 March 2025 | 857,772 |

## 7 Investments

| Other investments other than loans
--- | ---
| £
Cost |  |
At 1 April 2024 | 703,828 |
Additions | 153,944 |
At 31 March 2025 | 857,772 |
Impairment |  |
At 1 April 2024 and 31 March 2025 | - |
Carrying amount |  |
At 31 March 2025 | 857,772 |
At 31 March 2024 | 703,828 |

## 8 Creditors: amounts falling due within one year

| 2025 | 2024
--- | --- | ---
| £ | £
Bank loans and overdrafts | 16,988 |  | - |
Taxation and social security | - |  | 2,237 |
Other creditors | 430,153 |  | 20,855 |
| 447,141 |  | 23,092 |

## 9 Creditors: amounts falling due after more than one year

| 2025 | 2024
--- | --- | ---
| £ | £
Bank loans and overdrafts | 321,977 |  | 559,965 |