Accounts filed on 31-10-2017


Registered number: 09811160






ADEPT FACILITIES GROUP LTD T/A TROJAN PROPERTY MAINTENANCE


ACCOUNTS

FOR THE YEAR ENDED 31/10/2017


ADEPT FACILITIES GROUP LTD T/A TROJAN PROPERTY MAINTENANCE


ACCOUNTS
FOR THE YEAR ENDED 31/10/2017





DIRECTORS
J SHORT
P HAND
MRS L HAND


REGISTERED OFFICE
UNIT 2c KALLO BUILDING COOPERS PLACE
COMBE LANE
WORMLEY
SURREY
GU8 5SZ


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 09811160


ACCOUNTS
FOR THEYEARENDED31/10/2017



CONTENTS



		Page

Directors' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		5


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/10/2017

			2017		2016
	Notes		£		£

FIXED ASSETS
Intangible assets	2		12,250		15,750
Tangible assets	3		159,477		188,531

			171,727		204,281

CURRENT ASSETS
Stock		15,830		19,533
Debtors	5	301,320		118,952
Cash at bank and in hand		10		39
		317,160		138,524
CREDITORS: Amounts falling due within one year	6	506,317		390,009
NET CURRENT LIABILITIES			(189,157)		(251,485)
TOTAL ASSETS LESS CURRENT LIABILITIES			(17,430)		(47,204)


CREDITORS: Amounts falling due after more than one year	7		10,883		31,924

NET LIABILITIES			(28,313)		(79,128)

CAPITAL AND RESERVES

Called up share capital	9		10		10
Profit and loss account			(28,323)		(79,138)
SHAREHOLDERS' FUNDS			(28,313)		(79,128)


BALANCE SHEET AT 31/10/2017

For the year ending 31/10/2017 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 30/07/2018 and signed on their behalf by



.............................
J SHORT
Director



.............................
P HAND
DIRECTOR

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Going Concern
The Company meets its day to day capital requirements through efficient ledger management, credit control and loan from its directors and shareholders. As shown by the balance sheet, the Company's shareholders' funds were in deficit by £28,313 (2016: £79,128). The Company's ability to continue trading is dependent upon time to time loans by its directors and shareholders, who have indicated that the financial support for the Company will continue for the foreseeable future and have pledged to continue their support in the form of these loans to the Company. The financial statements do not include any adjustments that would result from the withdrawal of this support from the directors and shareholders. Due to the circumstances set out above the directors are of the opinion that it is appropriate for these financial statements to be prepared on a going concern basis.




1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		reducing balance 25%
Commercial Vehicles		reducing balance 25%
Fixtures and Fittings		reducing balance 25%




1d. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1e. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 5 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.




5. DEBTORS	2017	2016
	£	£
Amounts falling due within one year
Trade debtors	297,308	118,952
Salaries and wages control	3,985	-
Prepayments	27	-
	301,320	118,952




6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2017	2016
	£	£
VAT	77,329	39,620
PAYE control	11,522	26,877
Salaries and wages control	-	5,358
Directors current account	92,000	69,000
Bank loans and overdrafts	50,241	59,322
Credit card	3,514	5,410
Hire purchase	20,762	20,762
Trade creditors	87,746	109,660
Other creditors	57,966	46,000
Accruals	20,500	8,000
Deferred income	84,737	-
	506,317	390,009

HSBC Bank plc has a fixed and floating charge over all assets and undertaking of the company, created on 4 April 2016. The directors and shareholders have personally guaranteed the company overdraft to the value of £30,000.




7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2017	2016
	£	£
Hire purchase >1yr	10,883	31,924
	10,883	31,924




9. SHARE CAPITAL	2017	2016
	£	£
Allotted, issued and fully paid:
10 Class 1 shares of £1 each	10	10
	10	10