ADAMS THORNTON LTD

Company Registration Number:
14646232 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2026

Period of accounts

Start date: 01 March 2025

End date: 31 March 2026

ADAMS THORNTON LTD

Contents of the Financial Statements

for the Period Ended 31 March 2026

Balance sheet
Notes

ADAMS THORNTON LTD

Balance sheet

As at 31 March 2026


Notes
13 months to 31 March 2026
2025


£
£
Fixed assets
Investments: 3 1,541,838 1,517,105
Total fixed assets: 1,541,838 1,517,105
Current assets
Cash at bank and in hand: 4,356 456
Total current assets: 4,356 456
Creditors: amounts falling due within one year: 4 (98,686) (170,284)
Net current assets (liabilities): (94,330) (169,828)
Total assets less current liabilities: 1,447,508 1,347,277
Creditors: amounts falling due after more than one year: 5 (1,407,972) (1,390,163)
Total net assets (liabilities): 39,536 (42,886)
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 38,536 (43,886)
Shareholders funds: 39,536 (42,886)

The notes form part of these financial statements

ADAMS THORNTON LTD

Balance sheet statements

For the year ending 31 March 2026 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 05 August 2026
and signed on behalf of the board by:

Name: Ansar Mahmood
Status: Director

The notes form part of these financial statements

ADAMS THORNTON LTD

Notes to the Financial Statements

for the Period Ended 31 March 2026

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Valuation and information policy

Investments in subsidiary undertakings are measured at cost less any accumulated impairment losses.

Other accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1A. These financial statements cover the 13-month period from 1 March 2025 to 31 March 2026. The comparative figures cover the 12-month period ended 28 February 2025 and are therefore not directly comparable. Loans and other financial liabilities are initially recognised at transaction price net of transaction costs and subsequently measured at amortised cost using the effective interest method. At 31 March 2026, the company had net current liabilities of £94,330. The directors have reviewed the company’s forecasts for a period of at least twelve months from the date of approval of these financial statements. In making their assessment, the directors have considered the anticipated management charge and dividend income from the company’s profitable subsidiary undertaking and the scheduled repayment terms of the company’s bank borrowings. Amounts of £318,580 owed to the directors are not repayable within twelve months of the reporting date under the terms of the relevant loan agreements. The directors have a reasonable expectation that the company will be able to meet its liabilities as they fall due and the accounts have therefore been prepared on the going concern basis.

ADAMS THORNTON LTD

Notes to the Financial Statements

for the Period Ended 31 March 2026

2. Employees

13 months to 31 March 2026 2025
Average number of employees during the period 2 2

ADAMS THORNTON LTD

Notes to the Financial Statements

for the Period Ended 31 March 2026

3. Fixed investments

Cost At 1 March 2025: £1,517,105 Additions: £24,733 At 31 March 2026: £1,541,838 At 31 March 2026, the company held 100% of the ordinary share capital and voting rights of Shevington JV Ltd. The investment is held directly.

ADAMS THORNTON LTD

Notes to the Financial Statements

for the Period Ended 31 March 2026

4. Creditors: amounts falling due within one year note

Bank loans: £55,345 Accruals: £600 Amounts owed to group undertakings and undertakings in which the company has a participating interest: £42,741 Total creditors falling due within one year: £98,686

ADAMS THORNTON LTD

Notes to the Financial Statements

for the Period Ended 31 March 2026

5. Creditors: amounts falling due after more than one year note

Bank loans: £1,089,392 Loans from directors: £318,580 Total creditors falling due after more than one year: £1,407,972 Creditors include secured bank loans of £1,144,737. The company’s bank borrowings are secured by a legal charge over the leasehold property at Shevington Community Pharmacy together with a debenture incorporating fixed and floating charges over the company’s assets and undertaking.

ADAMS THORNTON LTD

Notes to the Financial Statements

for the Period Ended 31 March 2026

6. Related party transactions

Name of the related party:
Relationship:
Directors
Description of the Transaction: At 31 March 2026, the company owed its directors £318,580. The loans are unsecured and interest-free. Under the terms of the loan agreements, no repayment is due within twelve months of the reporting date. The balance remained unchanged during the period.
£
Balance at 01 March 2025 318,580
Balance at 31 March 2026 318,580