Ad Valorem Research and Development Limi - Accounts to registrar (filleted)

REGISTERED NUMBER: 11357362 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

AD VALOREM RESEARCH AND DEVELOPMENT

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

N T Adams

N A Adams

SECRETARY:

N T Adams

REGISTERED OFFICE:

2 Manor Farm Court

Old Wolverton

Milton Keynes

Buckinghamshire

MK12 5NN

REGISTERED NUMBER:

11357362 (England and Wales)

AUDITORS:

SCCA LTD T/A Stafford & Co

Chartered Accountants & Statutory Auditors

3 The Studios,

320 Chorley Old Road

Bolton

Lancashire

BL1 4JU

CURRENT ASSETS

Stocks

-

70,193

Debtors

4

410,872

335,888

Cash at bank and in hand

585

567

411,457

406,648

CREDITORS

Amounts falling due within one year

5

407,880

403,079

NET CURRENT ASSETS

3,577

3,569

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,577

3,569

CAPITAL AND RESERVES

Called up share capital

382

Capital redemption reserve

20

Retained earnings

3,175

3,167

3,577

3,569

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 July 2026 and were signed on its behalf by:

N A Adams - Director

1.	STATUTORY INFORMATION

Ad Valorem Research and Development Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

STOCKS

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

(Unaudited)

£

Trade debtors

231,118

335,888

Other debtors

179,754

-

410,872

335,888

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

(Unaudited)

£

Amounts owed to group undertakings

291,637

97,051

Taxation and social security

39,325

70,588

Other creditors

76,918

235,440

407,880

403,079

6.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Robert Stafford BA(Hons) FCA (Senior Statutory Auditor)

for and on behalf of SCCA LTD T/A Stafford & Co