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REGISTERED NUMBER: 07107135 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

ABGM CONTRACTS LIMITED

ABGM CONTRACTS LIMITED (REGISTERED NUMBER: 07107135)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


ABGM CONTRACTS LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2023







DIRECTOR: A Beckett





REGISTERED OFFICE: 7 Oakhill Road
Rowtown
Addlestone
Surrey
KT15 1DH





REGISTERED NUMBER: 07107135 (England and Wales)





ACCOUNTANTS: Pesters
2 Park Court
Pyrford Road
West Byfleet
Surrey
KT14 6SD

ABGM CONTRACTS LIMITED (REGISTERED NUMBER: 07107135)

STATEMENT OF FINANCIAL POSITION
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,342 5,790

CURRENT ASSETS
Debtors 5 11,877 22,527
Cash at bank 210,531 230,690
222,408 253,217
CREDITORS
Amounts falling due within one year 6 36,206 39,037
NET CURRENT ASSETS 186,202 214,180
TOTAL ASSETS LESS CURRENT
LIABILITIES

190,544

219,970

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 190,444 219,870
SHAREHOLDERS' FUNDS 190,544 219,970

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 October 2023 and were signed by:





A Beckett - Director


ABGM CONTRACTS LIMITED (REGISTERED NUMBER: 07107135)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023


1. STATUTORY INFORMATION

ABGM Contracts Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 4 ) .

ABGM CONTRACTS LIMITED (REGISTERED NUMBER: 07107135)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022
and 31 March 2023 19,456
DEPRECIATION
At 1 April 2022 13,666
Charge for year 1,448
At 31 March 2023 15,114
NET BOOK VALUE
At 31 March 2023 4,342
At 31 March 2022 5,790

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 181 8,655
Other debtors 11,696 13,872
11,877 22,527

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 17,862 6,820
Taxation and social security 11,454 26,667
Other creditors 6,890 5,550
36,206 39,037

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end the company owed the Director the sum of £280 (2022 - £32). This loan is interest free and repayable on demand.