General Information
AD Architecture & Visualisation Ltd is a private company, limited by shares, domiciled in England and Wales, registration number 10884850,registration address 20-22 Wenlock Road, London, N1 7GU.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
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, including the provisions applicable to small entities, and the Companies Act 2006.
The financial statements have been prepared under the historical cost convention and are presented in pounds sterling, which is the company's functional and presentation currency.
Revenue recognition
Revenue represents amounts receivable for architectural, visualisation and specialised design services, net of VAT and trade discounts.
Revenue from the provision of services is recognised as the services are performed and when the company has obtained the right to consideration. Where services are performed over a period extending across the reporting date, revenue is recognised by reference to the stage of completion where the outcome can be measured reliably.
Website cost
Website planning, maintenance and operating costs that do not meet the recognition criteria for an intangible asset are charged to profit or loss as incurred.
Foreign currencies
Transactions denominated in foreign currencies are translated into sterling using the exchange rate applying at the date of the transaction.
Monetary assets and liabilities denominated in foreign currencies at the reporting date are translated at the closing rate. Exchange differences arising on settlement or retranslation are recognised in profit or loss.
Taxation
Current tax is recognised in respect of taxable profit for the current and prior periods using tax rates and laws that have been enacted or substantively enacted by the reporting date.
Deferred tax is recognised in respect of timing differences that have originated but not reversed at the reporting date. Deferred tax assets are recognised only to the extent that it is probable that they will be recovered through the reversal of deferred tax liabilities or against future taxable profits.
Current and deferred tax assets and liabilities are not discounted.
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Computer software development costs
Computer software and licences that meet the recognition criteria for an intangible asset are stated at cost less accumulated amortisation and impairment losses.
Amortisation is charged on a straight-line basis over the asset's estimated useful economic life from the date the software or licence is available for use.
The useful economic life applied to the existing software licences is 2 years.
Software subscriptions and licences that do not meet the criteria for capitalisation are charged to profit or loss as incurred.
Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and any accumulated impairment losses.
Depreciation is provided so as to write off the cost of assets, less their estimated residual values, over their expected useful economic lives using the following rates:
Plant and machinery 18% reducing balance Computer equipment 18% reducing balance Fixtures and fittings 2 Years Straight Line
Residual values, useful economic lives and depreciation methods are reviewed where circumstances indicate that the existing estimates may no longer be appropriate.
| Plant and Machinery |
%18 Reducing Balance
|
| Fixtures and Fittings |
2 Straight Line
|
| Computer Equipment |
%18 Reducing Balance
|
Basic financial instruments
Basic financial assets and liabilities, including trade debtors, trade creditors, bank borrowings and director current accounts, are initially recognised at the transaction price unless the arrangement constitutes a financing transaction.
They are subsequently measured in accordance with the requirements of FRS 102, with impairment recognised where appropriate.
|
| 2. |
Average number of employees
Average number of employees during the year was 1 (2024 : 0).
|
| 3. |
Intangible fixed assets
| Cost |
Other |
|
Software License |
|
Total |
| |
£ |
|
£ |
|
£ |
| At 01 December 2024 |
1,070 |
|
1,488 |
|
2,558 |
| Additions |
- |
|
- |
|
- |
| Disposals |
- |
|
- |
|
- |
| At 30 November 2025 |
1,070 |
|
1,488 |
|
2,558 |
| Amortisation |
| At 01 December 2024 |
1,070 |
|
1,488 |
|
2,558 |
| Charge for year |
- |
|
- |
|
- |
| On disposals |
- |
|
- |
|
- |
| At 30 November 2025 |
1,070 |
|
1,488 |
|
2,558 |
| Net book values |
| At 30 November 2025 |
- |
|
- |
|
- |
| At 30 November 2024 |
- |
|
- |
|
- |
|
| 4. |
Tangible fixed assets
| Cost or valuation |
Plant and Machinery |
|
Fixtures and Fittings |
|
Computer Equipment |
|
Total |
| |
£ |
|
£ |
|
£ |
|
£ |
| At 01 December 2024 |
600 |
|
406 |
|
2,319 |
|
3,325 |
| Additions |
- |
|
- |
|
- |
|
- |
| Disposals |
- |
|
- |
|
- |
|
- |
| At 30 November 2025 |
600 |
|
406 |
|
2,319 |
|
3,325 |
| Depreciation |
| At 01 December 2024 |
230 |
|
406 |
|
1,043 |
|
1,679 |
| Charge for year |
66 |
|
- |
|
230 |
|
296 |
| On disposals |
- |
|
- |
|
- |
|
- |
| At 30 November 2025 |
296 |
|
406 |
|
1,273 |
|
1,975 |
| Net book values |
| Closing balance as at 30 November 2025 |
304 |
|
- |
|
1,046 |
|
1,350 |
| Opening balance as at 01 December 2024 |
370 |
|
- |
|
1,276 |
|
1,646 |
|
| 5. |
Share Capital
Authorised
100 Ordinary shares of £1.00 each
Allotted, called up and fully paid
|
30/11/2025
£ |
|
30/11/2024
£ |
|
100
Ordinary shares of £1.00 each |
100 |
|
100 |
|
100 |
|
100 |
|
|
Advances to director
At 1 December 2024, the company owed the director £2,144. During the year, amounts totalling £12,100 were advanced or withdrawn by the director. Director remuneration of £7,329 and use of home expenses of £312 were credited to the director's current account. At 30 November 2025, £2,315 was due from the director to the company. The balance outstanding at the reporting date was subsequently repaid on 27 August 2026.
The advance was interest-free and repayable on demand.
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