ACCOUNTS - Final Accounts preparation

Registered number: 06968942

ADAM HURTS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2026

ADAM HURTS LIMITED

REGISTERED NUMBER: 06968942

BALANCE SHEET

AS AT 31 JANUARY 2026

		2026		2025
Note		£		£


Current assets
Debtors: amounts falling due within one year	5	380,718		293,979
Cash at bank and in hand	7	87,443		92,413
		468,161		386,392
Creditors: amounts falling due within one year	8	(93,589)		(88,041)
Net current assets			374,572		298,350
Total assets less current liabilities			374,572		298,350

Net assets			374,572		298,350

Capital and reserves
Called up share capital	1	1
Profit and loss account	374,571	298,349
	374,572	298,350

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

Mr A Anderson

Director

Date: 22 October 2026

The notes on pages 3 to 7 form part of these financial statements.

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ADAM HURTS LIMITED

REGISTERED NUMBER: 06968942

BALANCE SHEET (CONTINUED)

AS AT 31 JANUARY 2026

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ADAM HURTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

1.	General information

Adam Hurts Limited is a private company limited by share capital, incorporated in England and Wales, registration number 06968942. The address of the registered office is 50 Liverpool Street, London, EC2M 7PY.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

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ADAM HURTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

Turnover from royalties is recognised when the income is fixed or determinable and collectability is reasonably assured.

2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

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ADAM HURTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.6

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment

25%

Straight Line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 1 (2025 - 1).

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ADAM HURTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

4.	Tangible fixed assets

		Office equipment
		£
	Cost or valuation
	At 1 February 2025	21,437
	At 31 January 2026	21,437
	Depreciation
	At 1 February 2025	21,437
	At 31 January 2026	21,437
	Net book value
	At 31 January 2026	-
	At 31 January 2025	-

Debtors

					2026	2025
					£	£


Other debtors	373,667	262,958
Prepayments and accrued income	7,051	31,021
	380,718	293,979

6.	Fixed asset investments
	The company is a 50% partner in an unincorporated partnership based in the United Kingdom. It is also a 25% partner in a Limited Liability Partnership incorporated in England and Wales.

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ADAM HURTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

7.	Cash and cash equivalents
		2026	2025
		£	£

Cash at bank and in hand	87,443	92,413
	87,443	92,413

8.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Trade creditors	-	12,831
Corporation tax	86,113	66,036
Other creditors	1,306	-
Accruals and deferred income	6,170	9,174
	93,589	88,041

Related party transactions

During the year ordinary dividends totalling £18,000 (2025: £40,500) were paid to the director in his capacity as shareholder of the company.

lncluded in other creditors at the balance sheet date is an amount of £1,307 (2025: £17,909 debtor) due to an unincorporated partnership in which the company is an equal partner. The balance is in respect of this company's share of the partnership losses in the year. This amount is unsecured, interest free and repayable on demand. The loss shared for the year was £1,307 (2025: £956).

Included in other debtors at the balance sheet date is an amount of £284,000 (2025: £172,144) due from the director. The amount is in respect of cash withdrawn and expenses borne by the company. This amount is unsecured, interest free and repayable on demand.

Also included in other debtors at the balance sheet date is an amount of £23,526 (2025: £5,608) due from a Limited Liability Partnership. The company is an equal partner in that entity. The amount is in respect of expenses borne by the company. This amount is unsecured, interest free and repayable on demand.

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