Adel Tap Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 15405056

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		88,127		132,823

			88,127		132,823
CURRENT ASSETS
Stocks	5	8,000		8,000
Debtors	6	804		3,442
Cash at bank and in hand		52,136		33,587

		60,940		45,029
Creditors: Amounts Falling Due Within One Year	7	(122,929 )		(145,370 )

NET CURRENT ASSETS (LIABILITIES)			(61,989 )		(100,341 )

TOTAL ASSETS LESS CURRENT LIABILITIES			26,138		32,482

Creditors: Amounts Falling Due After More Than One Year	8		(49,640 )		(80,861 )

NET LIABILITIES			(23,502 )		(48,379 )

CAPITAL AND RESERVES
Called up share capital	9		10		10
Profit and Loss Account			(23,512 )		(48,389 )

SHAREHOLDERS' FUNDS			(23,502)		(48,379)

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Adel Tap Ltd

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr P Owen

Director

15/09/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Adel Tap Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15405056 . The registered office is 475 Otley Road, Leeds, West Yorkshire, LS16 7NR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	5 years straight line
Plant & Machinery	3 years straight line
Fixtures & Fittings	3 years straight line

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2025: 4)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 February 2025	99,598	41,231	38,487	179,316
Additions	-	-	2,692	2,692

As at 31 January 2026	99,598	41,231	41,179	182,008

...CONTINUED

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Adel Tap Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

Depreciation
As at 1 February 2025	19,920	13,744	12,829	46,493
Provided during the period	19,919	13,743	13,726	47,388

As at 31 January 2026	39,839	27,487	26,555	93,881

Net Book Value
As at 31 January 2026	59,759	13,744	14,624	88,127

As at 1 February 2025	79,678	27,487	25,658	132,823

5. Stocks

	2026	2025
	£	£
Stock	8,000	8,000

6. Debtors

	2026	2025
	£	£
Due within one year
Prepayments and accrued income	804	805
Card payment receipts	-	2,637

	804	3,442

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	17,733	70,859
Bank loans and overdrafts	5,000	5,000
Other taxes and social security	2,135	1,002
VAT	8,747	1,001
Other creditors	31	1,700
Accruals and deferred income	35,250	8,750
Director's loan account	54,033	57,058

	122,929	145,370

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	13,682	18,178
Other creditors	35,958	62,683

	49,640	80,861

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	10	10

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