Company registration number 11825590 (England and Wales)
ADL2 DEVELOPMENT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
PAGES FOR FILING WITH REGISTRAR
ADL2 DEVELOPMENT LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
ADL2 DEVELOPMENT LIMITED
BALANCE SHEET
AS AT
31 JULY 2025
31 July 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investments
3
100
100
Current assets
Stocks
-
2,552,286
Debtors
4
506,534
27,747
Cash at bank and in hand
49
8,989
506,583
2,589,022
Creditors: amounts falling due within one year
5
(310,080)
(2,362,878)
Net current assets
196,503
226,144
Total assets less current liabilities
196,603
226,244
Creditors: amounts falling due after more than one year
6
(355,118)
(354,068)
Net liabilities
(158,515)
(127,824)
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
(158,516)
(127,825)
Total equity
(158,515)
(127,824)
ADL2 DEVELOPMENT LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 JULY 2025
31 July 2025
- 2 -

For the financial year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 13 April 2026 and are signed on its behalf by:
Miss CA Robinson
Director
Company registration number 11825590 (England and Wales)
ADL2 DEVELOPMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
- 3 -
1
Accounting policies
Company information

ADL2 Development Limited is a private company limited by shares incorporated in England and Wales. The registered office is 1st Floor 3 & 4 Cranmere Court , Lustleigh Close, Matford Business Park , Exeter, Devon, EX2 8PW.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is one of the subsidiaries qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company and group has adequate resources to continue to operate and satisfy its debts, as well as continued support from its investors. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Revenue

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recover able.

ADL2 DEVELOPMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
1
Accounting policies
(Continued)
- 4 -
1.4
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

1.5
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Financial instruments
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

1.8
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

ADL2 DEVELOPMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
- 5 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
3
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
100
100
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
6,087
-
0
Amounts owed by group undertakings
500,447
27,713
Other debtors
-
0
34
506,534
27,747
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
-
0
2,206,702
Trade creditors
11,137
12,279
Amounts owed to group undertakings
118,053
118,493
Taxation and social security
240
-
0
Other creditors
180,650
25,156
Accruals and deferred income
-
0
248
310,080
2,362,878
ADL2 DEVELOPMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
- 6 -
6
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Other borrowings
355,118
354,068

Loans and borrowings falling due within and after more than one year on which security has been given by the company, includes the following liabilities:

Bank borrowings - £Nil (2024 - £2,206,702)

The security is provided is a fixed charge over the land all fixtures and fittings attached to the land and all plant, machinery and equipment held by the company.

7
Related party transactions

The following amounts were outstanding at the reporting end date:

2025
2024
Amounts due to related parties
£
£
Entities with control, joint control or significant influence over the company
110,053
113,753
Entities over which the entity has control, joint control or significant influence
8,000
4,740
Key management personnel
180,650
25,156

The following amounts were outstanding at the reporting end date:

2025
2024
Amounts due from related parties
£
£
Other related parties
500,447
27,713
2025-07-31 2024-08-01 false false false 13 April 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr M J Sams Miss C A Robinson 11825590 2024-08-01 2025-07-31 11825590 2025-07-31 11825590 2024-07-31 11825590 core:CurrentFinancialInstruments core:WithinOneYear 2025-07-31 11825590 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 11825590 core:Non-currentFinancialInstruments core:AfterOneYear 2025-07-31 11825590 core:Non-currentFinancialInstruments core:AfterOneYear 2024-07-31 11825590 core:ShareCapital 2025-07-31 11825590 core:ShareCapital 2024-07-31 11825590 core:RetainedEarningsAccumulatedLosses 2025-07-31 11825590 core:RetainedEarningsAccumulatedLosses 2024-07-31 11825590 bus:Director2 2024-08-01 2025-07-31 11825590 2023-08-01 2024-07-31 11825590 core:CurrentFinancialInstruments 2025-07-31 11825590 core:CurrentFinancialInstruments 2024-07-31 11825590 core:Non-currentFinancialInstruments 2025-07-31 11825590 core:Non-currentFinancialInstruments 2024-07-31 11825590 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2025-07-31 11825590 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 11825590 bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 11825590 bus:FRS102 2024-08-01 2025-07-31 11825590 bus:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 11825590 bus:Director1 2024-08-01 2025-07-31 11825590 bus:FullAccounts 2024-08-01 2025-07-31 xbrli:pure xbrli:shares iso4217:GBP