REGISTERED NUMBER: 09445739 (England and Wales)

CESSATION FINANCIAL STATEMENTS

FOR THE PERIOD 1ST JUNE 2025 TO 30TH JUNE 2026

FOR

ADEPT TRADING LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms A Hooper

Ms J V Newman

REGISTERED OFFICE:

c/o Michael Heaven & Associates Limited

47 Calthorpe Road

Edgbaston

BIRMINGHAM

West Midlands

B15 1TH

REGISTERED NUMBER:

09445739 (England and Wales)

ACCOUNTANTS:

Michael Heaven & Associates Limited

Chartered Certified Accountants

47 Calthorpe Road

Edgbaston

BIRMINGHAM

B15 1TH

BANKERS:

TSB Bank PLC

58 Poplar Road

Solihull

West Midlands

B91 3AB

INCORPORATED:

18th February 2015

FIXED ASSETS

Tangible assets

4

-

344

CURRENT ASSETS

Stocks

-

900

Debtors

443

1,653

Cash at bank

-

9,835

443

12,388

CREDITORS

Amounts falling due within one year

1,607

11,529

NET CURRENT (LIABILITIES)/ASSETS

(1,164

)

859

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,164

)

1,203

PROVISIONS FOR LIABILITIES

5

-

65

NET (LIABILITIES)/ASSETS

(1,164

)

1,138

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

(1,264

)

1,038

SHAREHOLDERS' FUNDS

(1,164

)

1,138

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30th June 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 30th June 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the period ended 30th June 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24th October 2026 and were signed on its behalf by:

Ms A Hooper - Director

Ms J V Newman - Director

1.	STATUTORY INFORMATION

Adept Trading Limited 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 represents sales of goods and trade discounts. Turnover is recognised when the goods are physically delivered to the customer.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

20% on reducing balance

Stocks

Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in first out basis. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.

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 accounts receivable and payable, and loans from related parties.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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 directors operate a defined contribution pension scheme. Contributions payable to the directors pension scheme are charged to the profit and loss account in the period to which they relate.

Debtors

Short term debtors are measured at transaction price, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st June 2025

823

Disposals

(823

)

At 30th June 2026

-

DEPRECIATION

At 1st June 2025

479

Eliminated on disposal

(479

)

At 30th June 2026

-

NET BOOK VALUE

At 30th June 2026

-

At 31st May 2025

344

5.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

-

65

Deferred

tax

£

Balance at 1st June 2025

65

Movement during the year

(65

)

Balance at 30th June 2026

-

Provisions are recognised when the company has a legal or constructive obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle the obligation and the amount of the obligation can be reliably estimated. Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

75

Ordinary A

£1

75

75

25

Ordinary B

£1

25

25

100

100

7.	RELATED PARTY DISCLOSURES

At the period end the amount due to the directors totalled £1,557. The loans are interest free and repayable on demand.