Company No: 07019922 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	15,015		440
		15,015		440
Current assets
Stocks		1,250		1,250
Debtors	4	1,953		2,230
Cash at bank and in hand		35,244		72,623
		38,447		76,103
Creditors: amounts falling due within one year	5	( 40,393)		( 58,235)
Net current (liabilities)/assets		(1,946)		17,868
Total assets less current liabilities		13,069		18,308
Net assets		13,069		18,308
Capital and reserves
Called-up share capital	7	50		100
Capital redemption reserve	9	50		0
Profit and loss account		12,969		18,208
Total shareholders' funds		13,069		18,308

For the financial year ending 31 March 2026 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 financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of ADIAN Heating & Bathrooms Ltd (registered number: 07019922) were approved and authorised for issue by the Director on 23 May 2026. They were signed on its behalf by:

Mr A Howard Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

ADIAN Heating & Bathrooms Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Sigma House, Oak View Close, Edginswell Park, Torquay, TQ2 7FF.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when the value of goods and services provided to date can be reliably measured.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset over its expected useful life, as follows:

Vehicles	25 % reducing balance
Office equipment	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes direct materials, direct labour and those overheads that have been incurred in bringing the stocks to their present location and condition. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

The company holds the following financial instruments:

• Short term trade and other debtors and creditors; and
• Cash and bank balances.

All financial instruments are classified as basic.

The company has chosen to apply the recognition and measurement principles in FRS102.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	2		2

3. Tangible assets

	Vehicles		Office equipment		Total
	£		£		£
Cost
At 01 April 2025	13,879		2,879		16,758
Additions	20,020		0		20,020
Disposals	( 13,879)		0		( 13,879)
At 31 March 2026	20,020		2,879		22,899
Accumulated depreciation
At 01 April 2025	13,439		2,879		16,318
Charge for the financial year	5,115		0		5,115
Disposals	( 13,549)		0		( 13,549)
At 31 March 2026	5,005		2,879		7,884
Net book value
At 31 March 2026	15,015		0		15,015
At 31 March 2025	440		0		440

4. Debtors

	2026		2025
	£		£
Trade debtors	325		690
Other debtors	1,628		1,540
	1,953		2,230

5. Creditors: amounts falling due within one year

	2026		2025
	£		£
Trade creditors	7,461		0
Taxation and social security	8,698		20,746
Other creditors	24,234		37,489
	40,393		58,235

6. Deferred tax

	2026		2025
	£		£
At the beginning of financial year	0		0
Charged to the Profit and Loss Account	( 2,853)		0
At the end of financial year	( 2,853)		0

7. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
50 Ordinary shares of £ 1.00 each (2025: 100 shares of £ 1.00 each)	50		100

During the year, the company purchased a total of 50 ordinary £1 shares from the Director and a close family member in accordance with Part 18 of the Companies Act 2006. The shares were fully paid and were purchased for a total consideration of £6,000. The shares were immediately cancelled upon purchase.

The nominal value of the cancelled shares amounted to £50. An amount of £50 has been transferred from Retained Earnings to the Capital Redemption Reserve.

Following the cancellation, the company’s issued share capital comprises of 50 ordinary £1 shares.

8. Related party transactions

During the year, the company purchased 50 ordinary shares from the director and a close family member. The total consideration paid to Mr and Mrs Baker was £6,000. No balances were outstanding with the above at the year-end.

9. Capital Redemption Reserve

During the year, £50 was transferred to the Capital Redemption Reserve following the buyback of 50 ordinary shares by the company.