Adventure Risk Management Services Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 12321367 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

ADVENTURE RISK MANAGEMENT SERVICES LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

T J Morton

REGISTERED OFFICE:

Unit 5 Broadway Barns

The Broadway

Scarning

Dereham

Norfolk

NR19 2LQ

REGISTERED NUMBER:

12321367 (England and Wales)

ACCOUNTANTS:

Accura Accountants Ltd

Langley House

53 Theobald Street

Borehamwood

WD6 4RT

FIXED ASSETS

Tangible assets

4

2,740

1,491

CURRENT ASSETS

Debtors

5

266,262

184,683

Cash at bank

292,389

270,260

558,651

454,943

CREDITORS

Amounts falling due within one year

6

109,221

109,241

NET CURRENT ASSETS

449,430

345,702

TOTAL ASSETS LESS CURRENT
LIABILITIES

452,170

347,193

CAPITAL AND RESERVES

Called up share capital

140

Retained earnings

452,030

347,053

452,170

347,193

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 August 2026 and were signed by:

T J Morton - Director

1.	STATUTORY INFORMATION

Adventure Risk Management Services Ltd 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 and represents amounts receivable for goods supplied and services rendered, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from the sale of services are recognised when the significant risks and rewards of ownership of the service have transferred to the buyer, usually when the service has been provided. The amount of revenue must be able to be measured reliably, it is considered probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its useful life, or if held under a finance lease, over the lease term, whichever is shorter.

Plant and machinery

- 25% reducing balance

Fixture and fittings

- 25% reducing balance

Computer equipment

- 33% reducing balance

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Impairment of assets

A review of indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversals at each reporting date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

7,319

Additions

1,976

Disposals

(832

)

At 31 March 2026

8,463

DEPRECIATION

At 1 April 2025

5,828

Charge for year

727

Eliminated on disposal

(832

)

At 31 March 2026

5,723

NET BOOK VALUE

At 31 March 2026

2,740

At 31 March 2025

1,491

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade debtors

50,000

62,321

Amounts owed by participating interests

16,307

22,167

Other debtors

199,955

100,195

266,262

184,683

Included in other debtors due within one year are prepayments of £1,794 (2025: £2,323).

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade creditors

21,810

42,661

Taxation and social security

82,490

61,651

Other creditors

4,921

4,929

109,221

109,241

Included in other creditors due within one year are accrued expenses of £4,800 (2025: £4,800).

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

T J Morton

Balance outstanding at start of year

76,242

142,574

Amounts advanced

183,229

46,368

Amounts repaid

(93,200

)

(112,700

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

166,271

76,242

Included within amount advanced an interest of £5,867 (2025: £1,948) charged on an overdrawn loan balance at HMRC prescribed rate. The outstanding balance at balance sheet date is repayable on demand and personally guaranteed by the director.

8.	RELATED PARTY DISCLOSURES

Included in debtors due within one year are balances to close family members of £16,307 (2025: £22,167). Interest of £nil (2025: £270 ) has been charged on the loans by the company at prescribed HMRC rates.

9.	POST BALANCE SHEET EVENTS

After the balance sheet date but before the financial statements were signed, dividends of £91,700 were voted.