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Company Registration No. 09985618 (England and Wales)
ABC RACKING (UK) LTD Unaudited accounts for the year ended 31 January 2023
ABC RACKING (UK) LTD Unaudited accounts Contents
Page
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ABC RACKING (UK) LTD Company Information for the year ended 31 January 2023
Directors
Andrew Price Christopher James-Kane
Secretary
Andrew Price
Company Number
09985618 (England and Wales)
Registered Office
5 Highate Business Centre Highgate Road Birmingham B12 8EA United Kingdom
Accountants
Mayfield 1st Floor, 5 Highgate Business Centre Highgate Road Birmingham B12 8EA
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ABC RACKING (UK) LTD Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
116,360 
96,597 
Current assets
Inventories
120,058 
142,558 
Debtors
348,451 
204,291 
Cash at bank and in hand
437,000 
336,937 
905,509 
683,786 
Creditors: amounts falling due within one year
(226,900)
(276,840)
Net current assets
678,609 
406,946 
Total assets less current liabilities
794,969 
503,543 
Provisions for liabilities
Deferred tax
(29,090)
(18,353)
Net assets
765,879 
485,190 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
765,779 
485,090 
Shareholders' funds
765,879 
485,190 
For the year ending 31 January 2023 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 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 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 of Directors and authorised for issue on 28 July 2023 and were signed on its behalf by
Andrew Price Director Company Registration No. 09985618
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ABC RACKING (UK) LTD Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
ABC RACKING (UK) LTD is a private company, limited by shares, registered in England and Wales, registration number 09985618. The registered office is 5 Highate Business Centre, Highgate Road, Birmingham, B12 8EA, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
25% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
25% on reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2022
119,710 
26,888 
19,268 
165,866 
Additions
37,879 
- 
20,671 
58,550 
At 31 January 2023
157,589 
26,888 
39,939 
224,416 
Depreciation
At 1 February 2022
39,637 
18,381 
11,251 
69,269 
Charge for the year
29,488 
2,127 
7,172 
38,787 
At 31 January 2023
69,125 
20,508 
18,423 
108,056 
Net book value
At 31 January 2023
88,464 
6,380 
21,516 
116,360 
At 31 January 2022
80,073 
8,507 
8,017 
96,597 
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ABC RACKING (UK) LTD Notes to the Accounts for the year ended 31 January 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
139,117 
143,701 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
209,334 
60,590 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,910 
- 
Trade creditors
70,938 
151,918 
Taxes and social security
144,614 
124,484 
Loans from directors
438 
438 
226,900 
276,840 
7
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
29,090 
18,353 
2023 
2022 
£ 
£ 
Provision at start of year
18,353 
6,629 
Charged to the profit and loss account
10,737 
11,724 
Provision at end of year
29,090 
18,353 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 15 (2022: 15).
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