Company Registration No. 08521680 (England and Wales)
Adagio Limited
Unaudited accounts
for the year ended 31 August 2020
Adagio Limited
Unaudited accounts
Contents
Adagio Limited
Company Information
for the year ended 31 August 2020
Company Number
08521680 (England and Wales)
Registered Office
100A HIGH STREET
HUNTINGDON
CAMBRIDGESHIRE
PE29 3DP
Accountants
M J Bird
4 The Orchards
Orton Waterville
Peterborough
Cambs
PE2 5LA
Adagio Limited
Statement of financial position
as at 31 August 2020
Tangible assets
2,580
3,226
Cash at bank and in hand
4,917
5,567
Creditors: amounts falling due within one year
(1,338)
(3,635)
Net current assets
21,536
19,804
Total assets less current liabilities
24,116
23,030
Creditors: amounts falling due after more than one year
(39,719)
(38,716)
Net liabilities
(15,603)
(15,686)
Called up share capital
1
1
Profit and loss account
(15,604)
(15,687)
Shareholders' funds
(15,603)
(15,686)
For the year ending 31 August 2020 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 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 October 2020 and were signed on its behalf by
Mr Keith Hill
Director
Company Registration No. 08521680
Adagio Limited
Notes to the Accounts
for the year ended 31 August 2020
Adagio Limited is a private company, limited by shares, registered in England and Wales, registration number 08521680. The registered office is 100A HIGH STREET, HUNTINGDON, CAMBRIDGESHIRE, PE29 3DP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Fixtures & fittings
20% reducing balance
4
Tangible fixed assets
Total
5
Average number of employees
During the year the average number of employees was 0 (2019: 0).
