Adrem Contracts Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 01703992

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		492		24,211

			492		24,211
CURRENT ASSETS
Stocks	5	1,500		1,500
Debtors	6	392,076		370,701
Cash at bank and in hand		180,837		241,035

		574,413		613,236
Creditors: Amounts Falling Due Within One Year	7	(167,243 )		(146,042 )

NET CURRENT ASSETS (LIABILITIES)			407,170		467,194

TOTAL ASSETS LESS CURRENT LIABILITIES			407,662		491,405

Creditors: Amounts Falling Due After More Than One Year	8		(46,691 )		(86,667 )

NET ASSETS			360,971		404,738

CAPITAL AND RESERVES
Called up share capital	9		500,100		500,100
Profit and Loss Account			(139,129 )		(95,362 )

SHAREHOLDERS' FUNDS			360,971		404,738

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Adrem Contracts Limited

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

Suhail Rana

Director

29/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Adrem Contracts Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01703992 . The registered office is 147 Chiswick High Road, London, London, W4 2DT.

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

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

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	25% on cost
Computer Equipment	25% on cost

2.5. 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.

2.6. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 12 (2024: 14)

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Adrem Contracts Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Motor Vehicles	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	209,244	41,515	250,759
Additions	-	656	656
Disposals	(10,435 )	-	(10,435 )

As at 31 March 2025	198,809	42,171	240,980

Depreciation
As at 1 April 2024	186,710	39,838	226,548
Provided during the period	22,534	1,841	24,375
Disposals	(10,435 )	-	(10,435 )

As at 31 March 2025	198,809	41,679	240,488

Net Book Value
As at 31 March 2025	-	492	492

As at 1 April 2024	22,534	1,677	24,211

5. Stocks

	2025	2024
	£	£
Stock	1,500	1,500

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	190,439	120,144
Amounts owed by group undertakings	201,000	250,000
Other debtors	637	557

	392,076	370,701

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	45,914	35,483
Bank loans and overdrafts	40,000	40,000
Other creditors	14,255	27,009
Taxation and social security	67,074	43,550

	167,243	146,042

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

	2025	2024
	£	£
Bank loans	46,691	86,667

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Adrem Contracts Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	500,100	500,100

10. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is Albion Pavement Limited . Albion Pavement Limited was incorporated in England and Wales. The ultimate controlling party is Albion Pavement Limited who controls 100% of the shares of Adrem Contracts Limited .

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