Adams Moore Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04779275

Adams Moore Limited

Filleted Unaudited Financial Statements

28 February 2025

Adams Moore Limited

Statement of Financial Position

28 February 2025

	2025		2024
Note	£	£	£

Fixed assets

Intangible assets	5	52,000	9,000
Tangible assets	6	40,909	47,854
		--------	--------
		92,909	56,854

Current assets

Debtors	7	227,460	251,123
Cash at bank and in hand		242,771	167,733
		---------	---------
		470,231	418,856

Creditors: amounts falling due within one year	8	261,450		233,957
		---------		---------
Net current assets			208,781	184,899
			---------	---------
Total assets less current liabilities			301,690	241,753

Creditors: amounts falling due after more than one year	9	78,718	58,589
		---------	---------
Net assets		222,972	183,164
		---------	---------

Adams Moore Limited

Statement of Financial Position (continued)

28 February 2025

	2025		2024
Note	£	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	222,872	183,064
	---------	---------
Shareholders funds	222,972	183,164
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

These financial statements were approved by the board of directors and authorised for issue on 27 November 2025 , and are signed on behalf of the board by:

Mr M Crook
Director

Company registration number: 04779275

Adams Moore Limited

Notes to the Financial Statements

Year ended 28 February 2025

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 7 Victoria Road, Tamworth, Staffordshire, B79 7HS.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is 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.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

Goodwill	-	2% straight line
Client Database	-	100% Straight line and over 5 years

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Motor Vehicles	-	25% reducing balance
Equipment	-	25% Reducing balance except computer equipment which is 25% Straight line

Impairment of fixed assets

A review for 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 reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 22 (2024: 17 ).

5. Intangible assets

	Goodwill	Client Database	Total
	£	£	£
Cost
At 1 March 2024	350,000	15,000	365,000
Additions	–	73,500	73,500
	---------	--------	---------
At 28 February 2025	350,000	88,500	438,500
	---------	--------	---------
Amortisation
At 1 March 2024	341,000	15,000	356,000
Charge for the year	9,000	21,500	30,500
	---------	--------	---------
At 28 February 2025	350,000	36,500	386,500
	---------	--------	---------
Carrying amount
At 28 February 2025	–	52,000	52,000
	---------	--------	---------
At 29 February 2024	9,000	–	9,000
	---------	--------	---------

6. Tangible assets

	Motor vehicles	Equipment	Total
	£	£	£
Cost
At 1 March 2024	54,990	66,227	121,217
Additions	–	5,846	5,846
	--------	--------	---------
At 28 February 2025	54,990	72,073	127,063
	--------	--------	---------
Depreciation
At 1 March 2024	24,058	49,305	73,363
Charge for the year	7,733	5,058	12,791
	--------	--------	---------
At 28 February 2025	31,791	54,363	86,154
	--------	--------	---------
Carrying amount
At 28 February 2025	23,199	17,710	40,909
	--------	--------	---------
At 29 February 2024	30,932	16,922	47,854
	--------	--------	---------

7. Debtors

	2025	2024
	£	£
Trade debtors	136,456	127,889
Amounts owed by group undertakings and undertakings in which the company has a participating interest	( 37,800)	8,463
Other debtors	128,804	114,771
	---------	---------
	227,460	251,123
	---------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	5,000	5,000
Trade creditors	27,415	14,540
Corporation tax	39,085	25,373
Social security and other taxes	103,050	110,813
Other creditors	29,622	9,622
Other creditors	57,278	68,609
	---------	---------
	261,450	233,957
	---------	---------

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	25,203	30,953
Other creditors	53,515	27,636
	--------	--------
	78,718	58,589
	--------	--------

10. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	2025
	Balance brought forward	Amounts repaid	Balance outstanding
	£	£	£
Mr M Crook	( 27,636)	( 25,879)	( 53,515)
	--------	--------	--------

	2024
	Balance brought forward	Amounts repaid	Balance outstanding
	£	£	£
Mr M Crook	( 26,733)	( 903)	( 27,636)
	--------	----	--------

11. Related party transactions

The company was under the control of Mr Martin Crook throughout the current and previous year. Mr Crook is the Managing Director and shareholder in Adams Moore Holdings Limited, the sole shareholder of Adams Moore Limited .