Registered Number:02280495 |
For the year ended 31 December 2022
England and Wales
Report of the Directors and Unaudited Financial Statements
For the year ended 31 December 2022
Admirals Hard Limited
Contents Page
2
Directors' Report
3
Chartered Accountants' Report
4
Income Statement
5
Statement of Financial Position
6 to 7
Notes to the Financial Statements
For the year ended 31 December 2022
Admirals Hard Limited
Company Information
R P Rounsfull
Directors
L Park
T Keene
G W Stewart-Reed
Devon Block Management Limited
Company Secretary
02280495
25 Stonehouse Street
Plymouth
PL1 3PE
Turnbull & Co Accountants Limited
Accountants
Chartered Accountants
Pilgrim House
Oxford Place
Plymouth
PL1 5AJ
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For the year ended 31 December 2022
Admirals Hard Limited
Directors' Report
The directors present their report and financial statements for the year ended 31 December 2022.
The principal activity of the company continued to be that of a residential property service management company. Directors Responsibilities Company law requires the directors to prepare financial statements for each financial year which give a true and fair view. In preparing those financial statements, the directors are required to: Select suitable accounting policies and then apply them on a consistent basis, making judgements and estimates that are prudent and reasonable; State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; Prepare the financial statements on the going concern basis unless it is not appropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records, for safeguarding the assets of the company, and for taking reasonable steps for the prevention and detection of fraud and other irregularitites. |
Directors
The directors who served the company throughout the year were as follows:
R P Rounsfull
L Park
T Keene
G W Stewart-Reed
Signed on behalf of the board of directors
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. |
13 September 2023
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For the year ended 31 December 2022
Admirals Hard Limited
Chartered Accountants' Report
Chartered Accountants' report to the Directors on the preparation of the unaudited statutory accounts of |
Admirals Hard Limited for the year ended 31 December 2022 |
In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the accounts |
of Admirals Hard Limited for the year ended 31 December 2022 which comprise the Income Statement, the Statement |
of Financial Position and the related notes from the company's accounting records and from information and |
explanations you have given us. |
As a practising firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its |
ethical and other professional requirements which are detailed at |
icaew.com/en/members/regulations-standards-and-guidance. |
This report is made solely to the Board of Directors of Admirals Hard Limited, as a body, in accordance with the terms |
of our engagement letter dated 23 February 2022. Our work has been undertaken solely to prepare for your approval |
the accounts of Admirals Hard Limited and state those matters that we have agreed to state to the Board of Directors |
of Admirals Hard Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the |
fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Admirals Hard Limited |
and its Board of Directors as a body for our work or for this report. |
It is your duty to ensure that Admirals Hard Limited has kept adequate accounting records to prepare statutory |
accounts that give a true and fair view of the assets, liabilities, financial position and profit of Admirals Hard Limited. |
You consider that Admirals Hard Limited is exempt from the statutory audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the accounts of Admirals Hard Limited. For this |
reason, we have not verified the accuracy or completeness of the accounting records or information and explanations |
you have given to us and we do not, therefore, express any opinion on the statutory accounts. |
Turnbull & Co Accountants Limited
Chartered Accountants
Pilgrim House
Oxford Place
Plymouth
PL1 5AJ
14 September 2023
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For the year ended 31 December 2022
Admirals Hard Limited
Income Statement
2021
2022
34,770
32,490
32,490
Gross profit
34,770
(24,432)
(20,143)
Operating profit
10,338
12,347
Other interest receivable and similar income |
99
3
10,437
12,350
Profit before taxation
10,437
Profit for the financial year
12,350
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Admirals Hard Limited
Statement of Financial Position
2021
2022
Property, plant and equipment |
235
235
2
235
235
Trade and other receivables |
6,381
6,545
3
39,924
Cash and cash equivalents |
48,433
54,978
46,305
Trade and other payables: amounts falling due within one |
year |
(6,153)
(4,389)
4
40,152
50,589
Net current assets
Total assets less current liabilities |
50,824
40,387
50,824
Net assets
40,387
19
19
50,805
40,368
50,824
40,387
Shareholders' funds
For the year ended 31 December 2022 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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 in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 13 September 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 December 2022
Admirals Hard Limited
Notes to the Financial Statements
Statutory Information
Admirals Hard Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 02280495. |
25 Stonehouse Street
Plymouth
PL1 3PE
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention. |
Revenue recognition
Turnover represents service charges at invoice value.
External Redecoration
External redecoration costs are paid for from the reserves.
2. Property, plant and equipment |
235
235
235
235
3. Trade and other receivables |
2021
2022
1,251
1,836
5,294
4,545
6,381
6,545
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For the year ended 31 December 2022
Admirals Hard Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year |
2021
2022
3,485
5,244
904
909
4,389
6,153
5. Average number of persons employed |
During the year the average number of employees was 0
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