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Registered number: 6837152
ADM Surveyors Limited
Financial Statements
For The Year Ended 31 March 2025
Kennedy Johnson
83 Carlton Drive
Wigston
LE18 1DG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 6837152
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 15,000 15,000
Tangible Assets 5 13,934 17,380
28,934 32,380
CURRENT ASSETS
Stocks 6 57,041 58,297
Debtors 7 210,515 215,571
Cash at bank and in hand 38,900 46,026
306,456 319,894
Creditors: Amounts Falling Due Within One Year 8 (110,783 ) (76,321 )
NET CURRENT ASSETS (LIABILITIES) 195,673 243,573
TOTAL ASSETS LESS CURRENT LIABILITIES 224,607 275,953
Creditors: Amounts Falling Due After More Than One Year 9 (20,763 ) (26,753 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,607 ) (3,072 )
NET ASSETS 201,237 246,128
CAPITAL AND RESERVES
Called up share capital 10 200 200
Profit and Loss Account 201,037 245,928
SHAREHOLDERS' FUNDS 201,237 246,128
Page 1
Page 2
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
Samuel Kenyon
Director
Steven Masic
Director
30/12/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
ADM Surveyors Limited is a private company, limited by shares, incorporated in England & Wales, registered number 6837152 . The registered office is Suite 1, Rosehill, 165 Lutterworth Road, Blaby, Leicestershire, LE8 4DX.
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. 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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.
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:
Leasehold 10% per annum calcuated on cost
Plant & Machinery 25% per annum calculated on the reducing balance
Motor Vehicles 25% per annum calculated on the reducing balance
Computer Equipment 25% per annum calculated on the reducing balance
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. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
...CONTINUED
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2.6. Taxation - continued
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Office and administration 2 2
Surveying Services 5 5
7 7
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 15,000
As at 31 March 2025 15,000
Net Book Value
As at 31 March 2025 15,000
As at 1 April 2024 15,000
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 12,118 78,775 20,400 2,965 114,258
Additions - 2,408 - - 2,408
As at 31 March 2025 12,118 81,183 20,400 2,965 116,666
Depreciation
As at 1 April 2024 10,903 64,265 19,477 2,233 96,878
Provided during the period 1,211 4,230 230 183 5,854
As at 31 March 2025 12,114 68,495 19,707 2,416 102,732
Net Book Value
As at 31 March 2025 4 12,688 693 549 13,934
As at 1 April 2024 1,215 14,510 923 732 17,380
6. Stocks
2025 2024
£ £
Work in progress 57,041 58,297
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7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 44,362 53,608
Prepayments and accrued income 915 915
Other debtors 15,510 1,000
Directors' loan accounts 17,751 -
78,538 55,523
Due after more than one year
Amounts owed by group undertakings 131,977 160,048
210,515 215,571
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 7,243 23,634
Bank loans and overdrafts 27,243 10,000
Corporation tax 10,125 5,550
Other taxes and social security 5,289 2,184
Value added tax - 9,042
Credit card liability 2,060 1,166
Pension scheme payments due 1,234 441
Accruals 5,154 3,227
Directors' loan accounts 52,435 21,077
110,783 76,321
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 20,763 26,753
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 200 200
11. Controlling Party
The company's ultimate controlling party is ADM Captal Limited by virtue of that company's ownership of 100% of the issued share capital in this company.
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