1 April 2022 false No description of principal activity Taxfiler 2023.10 05447729business:PrivateLimitedCompanyLtd2022-04-012023-03-31 054477292022-03-31 054477292022-04-012023-03-31 05447729business:AuditExemptWithAccountantsReport2022-04-012023-03-31 05447729business:FilletedAccounts2022-04-012023-03-31 054477292023-03-31 05447729business:Director12022-04-012023-03-31 05447729business:Director22022-04-012023-03-31 05447729business:RegisteredOffice2022-04-012023-03-31 054477292022-03-31 05447729core:WithinOneYear2023-03-31 05447729core:WithinOneYear2022-03-31 05447729core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 05447729core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 05447729core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 05447729core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 05447729core:PreviouslyStatedAmount2023-03-31 05447729core:PreviouslyStatedAmount2022-03-31 05447729business:SmallEntities2022-04-012023-03-31 05447729countries:EnglandWales2022-04-012023-03-31 05447729core:FurnitureFittings2022-04-012023-03-31 05447729core:FurnitureFittings2022-03-31 05447729core:FurnitureFittings2023-03-31 054477292021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 05447729 (England and Wales)
Abacus Accounting (N.E.) Limited Unaudited accounts for the year ended 31 March 2023
Abacus Accounting (N.E.) Limited Unaudited accounts Contents
Page
- 2 -
Abacus Accounting (N.E.) Limited Company Information for the year ended 31 March 2023
Directors
D C Smallbone S Jackson
Company Number
05447729 (England and Wales)
Registered Office
3a Blue Sky Way Monkton Business Park South Hebburn NE31 2EQ United Kingdom
Accountants
Abacus Accounting (NE) Limited 3a Blue Sky Way Monkton Business Park South Hebburn Tyne and Wear NE31 2EQ
- 3 -
Abacus Accounting (N.E.) Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,063 
2,953 
Current assets
Debtors
28,705 
19,827 
Cash at bank and in hand
85,476 
71,321 
114,181 
91,148 
Creditors: amounts falling due within one year
(107,804)
(18,519)
Net current assets
6,377 
72,629 
Total assets less current liabilities
8,440 
75,582 
Provisions for liabilities
Deferred tax
(392)
(561)
Net assets
8,048 
75,021 
Capital and reserves
Called up share capital
8 
8 
Profit and loss account
8,040 
75,013 
Shareholders' funds
8,048 
75,021 
For the year ending 31 March 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 7 November 2023 and were signed on its behalf by
D C Smallbone Director Company Registration No. 05447729
- 4 -
Abacus Accounting (N.E.) Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Abacus Accounting (N.E.) Limited is a private company, limited by shares, registered in England and Wales, registration number 05447729. The registered office is 3a Blue Sky Way, Monkton Business Park South, Hebburn, NE31 2EQ, 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:
Fixtures & fittings
15%
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2022
5,931 
At 31 March 2023
5,931 
Depreciation
At 1 April 2022
2,978 
Charge for the year
890 
At 31 March 2023
3,868 
Net book value
At 31 March 2023
2,063 
At 31 March 2022
2,953 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
28,705 
19,827 
- 5 -
Abacus Accounting (N.E.) Limited Notes to the Accounts for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
86 
100 
Taxes and social security
17,922 
15,652 
Other creditors
85,500 
- 
Loans from directors
2,974 
2,051 
Accruals
1,322 
716 
107,804 
18,519 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 6 -